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  • Submitted on 05 November 2010

    Bria Bailey with the Minority Business Development Agency discusses how to write a strong program narrative to include in your grant applications. A successful grant proposal is one that is well prepared, thoughtfully planned, and concisely packaged.

  • Submitted on 04 November 2010

    Today, Commerce Secretary Gary Locke announced the appointment of 25 members to the new National Advisory Council for Minority Business Enterprises.  The advisory council will be led by the Commerce Department’s Minority Business Development Agency (MBDA) and provide advice and recommendations to the department and the administration on a broad range of policy issues affecting the minority business community. 

    The new council is the first to focus on promoting minority businesses since around 1969, when President Nixon established MBDA – formerly the Office of Minority Business Enterprise – and an advisory council to oversee and advise the new office.

    The minority business community is an engine of economic growth and job creation. Today, there are approximately 5.8 million minority-owned firms generating $1 trillion annually and employing nearly 6 million workers. Yet, there continues to be challenges within the minority business community.  Of those 5.8 million firms, only 800,000 have more than one employee and the gap in average annual revenue between minority-owned and non-minority-owned firms is significant.

  • Submitted on 28 October 2010

    Gold MedalSecretary Locke, Eric Dobyne, Director Hinson
    Personal and Professional Excellence
    Eric Dobyne - Regional Director

    Mr. Dobyne is recognized for leading the creation of the Minority Investment Management Forum. The Forum resulted in increased investments for minority assets managers in both public and private sector retirements funds. This program directly resulted in nearly $1 billion in procurement transactions for minority-owned firms. Due to this success, the Minority Investment Management Forum will be duplicated and expanded to include brokers and other financial services companies.

  • Submitted on 19 October 2010

    Don Chapman with the Minority Business Development Agency discusses the panel review process for MBDA Business Center grant applications.

  • Submitted on 19 October 2010

    Cynthia Rios with the Minority Business Development Agency provides information on the steps an organization must take to register to apply for the MBDA Business Center grant.
     

  • Submitted on 06 October 2010

    Hinson speaking at MSD in ChinaMBDA National Director David Hinson, along with a 27-member delegation of U.S. corporate executives and minority-owned businesses, recently completed a China Business Opportunity Trade Mission to Beijing, Tianjin and Shanghai. The goal of the trade mission was to meet with potential corporate, government and university partners and attend the Minority Supplier Development (MSD) China Summit and Business Opportunity Fair.

    The trip was organized by the National Minority Supplier Diversity Council (NMSDC) to foster business relations between American corporate and minority-owned businesses, corporate members of MSD China, and Chinese ethnic minority businesses that are not a part of the Han Chinese majority in China and Taiwan.

  • Submitted on 17 September 2010

    Director Hinson participated on the September 16th panel Africa and the Diaspora - From Slave Ships to Partnerships hosted by U.S. Rep. Bobby L. Rush.

    The panel was composed of leading Africa experts from the public, private and non-profit sectors. The panel increased awareness about Africa's position in the global economy.  Specifically, the forum discussed the Obama Administration's efforts to increase trade with Africa, especially the role that minorities play to strengthen U.S. Africa economic ties.

  • Submitted on 15 June 2010

    On June 28, 2010 at 1pm EST, the Task Force on Federal Contracting Opportunities for Small Business will hold a public hearing at the auditorium at the Department of Commerce located at 1401 Constitution Ave., NW, Washington, DC 20230.

    To pre-register for the meeting, please email your name, organization or small business that you represent, along with the contact information to SB_TaskForce_Comment@sba.gov.  You should also include the topics you are interested in discussing (see below). Those interested in attending should register by June 21, 2010 due to security and limited seating.  Please put “registration” in the subject line of the email.

  • Submitted on 10 June 2010

    June 10, 2010 – In support of rebuilding Haiti following the devastating earthquake that affected the region this past January, more than 400 companies from the United States, Dominican Republic and Haiti attended the “Building a New Haiti: Commerce, Business, Investment” conference in Montrouis over the last two days.

    Rick Wade, Senior Advisor and Deputy Chief of Staff to U.S. Commerce Secretary Gary Locke and David Hinson, National Director of the Minority Business Development Agency, met with René Préval, President of the Republic of Haiti to discuss ways in which Haiti can diversify its economy and develop stronger economic relationships with the U.S. as well as create an environment that fosters job creation and economic stability.

    Wade reiterated the commitment of President Barack Obama and Commerce Secretary Locke to the people of Haiti and to engage the Haitian Diaspora in these efforts.   Hinson discussed how Haitians living in America are extremely supportive of their home country and are eager to help rebuild the nation.

  • Submitted on 01 April 2010

    In today’s Wall Street Journal, Secretary of Commerce Gary Locke explains the impact of the new health care legislation on businesses.  Here’s the text of his op-ed:

    Don’t Believe the Writedown Hype

    Taken as a whole, health reform is undeniably pro business and pro jobs.

    By GARY LOCKE

    President Obama began his campaign to reform the American health-care system focused on three goals: protecting Americans’ choice of doctors and health plans, assuring quality and affordable health care for all Americans, and reducing costs for families and businesses.

    The new comprehensive health-care legislation meets these goals, and will significantly benefit American businesses by slowing and eventually reversing the tide of crippling premium increases washing over our nation’s employers.

    These cost savings are real. They will grow over time. And they will make U.S. businesses more competitive.

    First, by drastically cutting the number of uninsured, this law reduces the hidden tax of about $1,000 for family coverage that those with insurance pay to cover the cost of the uninsured who rely on emergency rooms for care.

    Second, the law invests $5 billion in a new reinsurance program for early retirees starting this year. For employers paying for their retirees between ages 55-64, this provision will directly reduce family premiums by as much as $1,200.

Did you know...

MBDA Minority Business Centers helped clients secure contracts totaling $6.9 billion during the last 5 fiscal years.
Graph for Dollar Value of Contracts

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