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Honoring 2016 National Native American Heritage Month

Blogged By: 
MBDA

MBDA celebrates Native American Heritage Month and acknowledges the significant contributions of Native American-owned businesses to the U.S. economy.  A key component of the Agency’s services is dedicated to addressing the unique economic challenges and opportunities in Indian Country.

MBDA plans to conduct tribal consultation meetings  with federally recognized tribes, American Indian and Alaska Native business/trade/economic organizations, and American Indian and Alaska Native-owned firms, between October 2016 and February 2017.

Why the future success of our economy depends on the expansion of U.S. minority-owned business

Blogged By: 
Brandon Andrews, Values Partnerships

Any armchair economist will tell you that entrepreneurship is central to a healthy economy. What they probably won’t tell you is that the rate of entrepreneurship in the United States has significantly declined over the last several decades. Data from the U.S. Census Bureau shows that in the late 1970s, at least 15 percent of American businesses were startups. Despite the popularity of business-venture-themed TV shows such as ABC’s Shark Tank, the number of new businesses has fallen to just 8 percent of all U.S. business operations.

The reasons are varied, with both new and historic challenges contributing to the problem. As you might imagine, the Great Recession of 2008-2010 has played no small role.

Small Business Saturday is November 26

Small Business Owners Prepare for the Most Important Shopping Day of the Year

Mark your calendar, now in its seventh year, Small Business Saturday (November 26) is a day where every shopper can play a part to support their local economy and the small business owners who provide the majority of our economic growth.

Holiday Purchasing Online

Blogged By: 
MBDA

The holidays are right around the corner and that means food, fun, parties, and lots of online shopping. Online shopping can be a great solution, allowing you to find the perfect gift and saving time, but it can also end with identity theft, malware, and other cyber unpleasantness. Rather than letting it ruin your holiday season, you can take a few simple security precautions to help reduce the chances of being a cyber victim.

When purchasing online this holiday season - and all year long - keep these tips in mid to help minimize your risk:

MBDA’s Inclusive Innovation in Action Event Draws Chicago’s Tech Community During MED Week

Blogged By: 
MBDA

MBDA National Director CastilloWith the U.S. population poised to shift to ‘majority minority’ status during the next few decades, the topic of inclusive innovation in global high-growth industries took center stage at an MBDA event in Chicago on October 27.

Dubbed “Inclusive Innovation in Action,” the informative event was located at an award-winning Chicago technology incubator, BLUE1647, and drew a mix of entrepreneurs, investors, and community residents. Coinciding with the annual conference of the National Minority Supplier Development Council (NMSDC), and with Minority Enterprise Development Week (MED Week), October 23-27, the afternoon panel focused on information-sharing about MBDA services for entrepreneurs, and engaging examples of successful minority-owned tech enterprises.

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