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100 Non-Profits Get SBA PRIME Grants to Help Smaller Businesses

Blogged By: 
SBA

One hundred nonprofit organizations from 44 states and the District of Columbia received grants under the Program for Investment in Microentrepreneurs Act (PRIME), the U. S. Small Business Administration announced today. 

Grants will be used to provide business-based training and technical assistance to low-income and very low-income entrepreneurs to help them start, operate, or grow a small business.  Grants will also be used to better equip community-based nonprofit organizations to provide training. 

Tampa Conference Will Match Small Businesses With Trade Experts

Blogged By: 
SBA News

The U.S. Small Business Administration will host the second of its Export Matchmaker Trade Fair & Conference series in Tampa, Fla., on September 14.  The program is designed to provide small business manufacturers and suppliers an easy and inexpensive means for exporting their products by matching them with trade intermediaries from across the country.

“One of President Obama’s goals in the National Export Initiative is to double U.S. exports in five years,” said SBA Administrator Karen Mills.  “In these challenging economic times, and with 96 percent of the world’s population living outside the U.S., it just makes sense for Florida’s small businesses to export.”

National Minority Enterprise Development (MED) Week

Blogged By: 
David Hinson, National Director

Greetings!

MBDA is gearing up for a busy month, and I’d like to share some of the exciting things we’re working on.

On September 1, I’ll be traveling to Cleveland, Ohio to welcome our newest MBDA Business Center to the nationwide network.    Joining us at the open house will be U.S. Senator Sherrod Brown, Congresswoman Marcia Fudge (OH-11), and a wide range of local business leaders, trade groups and minority chambers of commerce.  I will then participate in an inaugural reception for the new MBDA Business in Manhattan, New York on September 15.  

Deficit Super Committee, Appropriations Highlight Returning Congress’ Schedule

Blogged By: 
Terry Richards

On September 6, 2011, Congress will return from its annual August Recess with a full list of tasks to complete before the First Session adjourns for the year. Some of the more pressing items to take up will be spending bills for Fiscal Year 2012 and recommendations from the Joint Select Committee on Deficit Reduction (commonly known as the Super Committee).

Each year, Congress must pass regular appropriations measures, by October 1, in order to keep the government funded. If the regular appropriation acts are not completed by October 1, then Congress must pass a continuing resolution, providing stop-gapfunding. In some years Congress may include several in an omnibus appropriations measure, or a continuing appropriations bill providing funding for the full fiscal year.

MBDA Congratulates 2010 National Conference Award Recipient

Blogged By: 
Eliana Ruelas, Intern

Congratulations to MBDA’s National Conference award recipients! This year’s conference was held in Houston, Texas during June 20-24; celebrating the accomplishment of MBDA’s business centers. Representatives from the centers were acknowledged for their outstanding performance and contributions to minority business development.

National Outstanding Performance Award

The San Antonio Business Center was awarded the 2010 National Outstanding Performance Award, which recognizesthe top center achieving the highest scores in multiple categories.

National Enterprise Center Performance Award
Given to the highest performing center in each of the regional offices.

Did you know...

MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
Graph for Dollar Value of Capital

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