HOME   |   CONTACT   |   MY BUSINESS TOOLS    Facebook Twitter LinkedIn Google+ Subscribe to MBDA Newsletter

You are hereHome > MBDA Agency

MBDA Agency


  • Submitted on 14 March 2014

    Created on March 14, 2014
     

    Thanks to the U.S. civil rights movement and the push for women’s equality, African-American women now have opportunities that an earlier generation could only dream about. Today African-American women crew NASA space missions, run Fortune 500 companies and win Pulitzer Prizes for successful Broadway plays. Here's a profile of one African-American women who has made her mark and inspire women everywhere.

    Catherine L. HughesCatherine L. Hughes

    Financial difficulties forced Catherine L. Hughes to give up her home and live with her young son in the studio of the first radio station she bought in Washington. But today Radio One, the company she founded in 1979, is a multibillion-dollar enterprise that includes radio stations in every major market in the United States. Radio One reaches an estimated 14 million listeners each week. When Radio One became a publicly traded company on the NASDAQ stock exchange in 1999, it was the first ever owned by an African-American woman. In January 2004, Radio One launched TV One, a national cable and satellite television network featuring programming for African-American adults. In an interview with Hello Beautiful, a website aimed at African-American women, Hughes decried the negative portrayals of African-American women so often found in mainstream media. “We’re interested in the positive side of being African American,” Hughes said of Radio One and TV One programming.

  • Submitted on 06 March 2014

    Created on March 6, 2014
     

    Business SundayAs we close out National African American History Month, the Commerce Department is proud to announce our participation in the launch of Business Sunday. This initiative is focused on connecting current and future business leaders from congregations and communities around the country with the federal resources they need to start and grow their companies. As a reflection of the President’s commitment to job creation and economic opportunity for all Americans, Business Sunday will help people access valuable technical assistance, grant information and other resources from the Minority Business Development Agency, BusinessUSA and the Small Business Administration.

  • Submitted on 06 March 2014

    Created on March 6, 2014
     

    Congressman RichmondHON. CEDRIC L. RICHMOND
    OF LOUISIANA
    IN THE HOUSE OF REPRESENTATIVES
    Wednesday, March 5, 2014

    Mr. RICHMOND. Mr. Speaker, I rise today to applaud the Minority Business Development Agency on this its 45th Anniversary. Established in 1969, the MBDA has worked tirelessly and diligently to promote the growth and global competitiveness of a critical segment of the U.S. Economy, the minority business community.

  • Submitted on 19 February 2014

    Created on February 19, 2014
     

  • Submitted on 10 January 2014

    Created on January 10, 2014
     

    BlogsLooking for the information and tips to grow your business, here are the 15 most visited blogs on mbda.gov for 2013.

    Minority Entrepreneurs — Continuous Success with Angel Investors!

    Minority-owned businesses are the fastest growing business sector in the Nation, in terms of gross receipts and paid employees.[1] Yet, access to capital remains the biggest obstacle limiting their establishment, expansion and growth. While traditional funding remains the most sought after source of capital, alternative funding sources, such as angel investors, have proven successful for minority entrepreneurs.

    Performance Highlights: FY 2009-FY 2011

    The Minority Business Development Agency (MBDA), a job-creating agency, leads Federal efforts to promote the growth and global competitiveness of America’s minority business community. This summary includes a small portion of our overall accomplishments during the first three years of the Obama Administration.

    Do I really need a business plan?

  • Submitted on 08 January 2014

    Created on January 8, 2014
     

    Statement by the President on the 50th Anniversary of the War on Poverty

    Fifty years ago, in January of 1964, President Lyndon B. Johnson declared a “War on Poverty” and introduced initiatives designed to improve the education, health, skills, jobs, and access to economic resources of those struggling to make ends meet.

  • Submitted on 10 December 2013

    Created on December 10, 2013
     

    St. Louis Mayor Welcomes the Opening of the St. Louis MBDA Business Center

    Mayor Francis Slay announced the opening of the St. Louis MBDA Business Center and said the center will increase financing and contract opportunities for minority business enterprises and help foster ties with major corporations.

    » Read More: $900,000 Grant Going To Minority Business Enterprises In St. Louis Region

    Maryland Congressional Delegation Announce Baltimore Awarded Money to Open MBDA Business Center

    U.S. Senators Ben Cardin and Barbara A. Mikulski along with Representatives Elijah Cummings, C.A. Dutch Ruppersberger and John Sarbanes (all D-Md.) announced that Baltimore was awarded $900,000 to operate a MBDA Business Center.

    » Read More: Baltimore awarded $900K grant to establish Minority Business Development Agency Business Center

  • Submitted on 06 December 2013

    Created on December 6, 2013
     

    2013 MED Week AwardeesIn observance of Minority Enterprise Development (MED) Week, as proclaimed by President Barrack Obama, the Minority Business Development Agency (MBDA) recognized the 2013 National MED Week Award winners at the U.S. Department of Commerce on Dec. 2.  The 12 winners represented organizations, businesses and individuals who have demonstrated leadership and commitment in advancing the minority business community.  U.S. Secretary of Commerce Penny Pritzker presented the awards during the private ceremony. 

    “I am pleased to recognize and personally congratulate the 2013 National Minority Enterprise Development Week Award winners,” said Secretary Pritzker. “Helping American businesses grow and create jobs is the key focus of the Commerce Department’s ‘Open for Business Agenda,’ and today’s award recipients are playing a critical role in those efforts by helping minority-owned businesses innovate, expand and thrive.”

    Winners were selected for the following awards: Ronald H. Brown Leadership Award; Champions of Minority Business Development; and Minority-Owned Firms. The awards are designed to celebrate and recognize outstanding achievements of minority entrepreneurs based on the challenges the business has overcome, total revenues, total jobs created and the economic impact the business has had on the community. MBDA also recognizes individuals and organizations that have demonstrated leadership and commitment in advancing the minority business community.

  • Submitted on 21 November 2013

    Created on November 21, 2013
     

    The 2013 Rainbow PUSH Coalition & Citizen Education Fund Public Policy Institute & Media and Telecommunications Symposium was held Nov. 15 at the Capital Hilton Hotel in Washington, DC.

    The annual event titled “The Future of Media: Policies, People and Players,” presented cutting edge information about racial diversity in the media landscape and how to think more broadly about media policy. It also covered recent strides in telecommunications and how to bridge the “digital divide.”

    “The information shared during this symposium is necessary for all Americans to know, as we seek to change the tide to a multi-cultural, multi-racial progressive agenda,” said Martin King, Chairman, Rainbow PUSH Coalition. “We want those attending to go back to their communities and spread a message of hope and responsibility.”

    Kimberly Marcus, Associate Director for the Office of Legislative, Education & Intergovernmental Affairs at the Minority Business Development Agency (MBDA), was one of the panelists in the “Tele-everything: Broadband and Remote Access to Energy, Health and the Economy,” session.

  • Submitted on 08 November 2013

    Created on November 8, 2013
     

    Retired U.S. ArmyEvery day I go to work wearing a small pin on my coat’s lapel. The pin is black and gold with a white star in the center. Although the pin is no larger than half an inch, it represents more than 26 years of military service.

    I retired from the U.S. Army approximately one and a half years ago. Leaving the organization that I credit with instilling tremendous values in me was the hardest thing I’ve ever done in my life. Honestly, I was petrified to leave and face a world outside of the disciplined parameters that made up my Army life.

    I admit I had a complete military career. I served in numerous overseas deployments. I served as a mentor, a leader and I had great mentors and leaders who will forever be a part of my life as well. So, in reality, I was ready to move-on and share my knowledge as a veteran in another capacity.

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

Upcoming Events

[Within 90 days]
08/15/2014 (All day) - 08/16/2014 (All day)
08/20/2014 (All day) - 08/22/2014 (All day)
08/23/2014 (All day) - 08/27/2014 (All day)

What MBDA Does