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About Minority Business Development Agency


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WHO WE ARE

MBDA is an agency of the U.S. Department of Commerce that helps to create and sustain U.S. jobs by promoting the growth and global competitiveness of businesses owned and operated by minority entrepreneurs.

Learn more about our Management Team

45 Years

42%

WORKING ON BEHALF
OF MINORITY-OWNED BUSINESSES

INCREASE IN THE NUMBER OF
CLIENTS BETWEEN FY2009–12

 

WHAT WE DO

We work throughout the Nation to link minority-owned businesses with the capital, contracts, and markets they need to grow. We advocate and promote minority-owned business with elected officials, policy makers, and business leaders. Serving as subject matter experts and advocates for the minority business community, we conduct high quality research and cultivate domestic and international relationships.

Learn more about our Programs

Through a national network of more than 40 MBDA Business Centers and a wide range of domestic and international strategic partners, we provide Agency clients with technical assistance and access to capital, contract, and new markets opportunities to create new jobs. MBDA and its national network of business centers have supported the creation and retention of more than 33,000 jobs and helped secure $14.6 billion in contracts and capital for its clients, over the past four years (fiscal year 2009-12).

Learn more about our Business Centers

US Map

Grow your business. Build the Nation.

Our programs and services better equip minority-owned firms to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally.

MBDA provides increased visibility and access for minority-owned firms by partnering with multi-national corporations, and government agencies in the U.S. and abroad.

Through our network of MBDA Business Centers we provide customized business development solutions designed to Grow your business. Build the Nation

Learn more about our Business Center Services

 

WHO WE SERVE

Our clients are businesses owned by African Americans, Asian Americans, Hasidic Jews, Hispanic Americans, Native Americans, and Pacific Islanders.

These companies are fast-growing, innovative, and represented in every industry sector in the United States.

Minority-owned firms contribute over $1 trillion in annual economic output to the U.S. economy and directly account for nearly 6 million U.S. jobs.

  MBEs

6 Million

 

$1 Trillion

JOBS CREATED BY
MINORITY-OWNED FIRMS

COMBINED ECONOMIC
OUTPUT OF MINORITY-OWNED FIRMS

 

 

World Map


Global Capabilities

The value of minority-owned businesses as a key component in international trade has never been greater. They have favorable export attributes and represent the future of export growth.

Minority-owned  businesses have a competitive advantage in exporting. According to the U.S. Census Bureau and other statistical data, they are twice as likely to export as non-minority companies, three times as likely to have international operations, six times as likely to transact business in a language other than English, and are export leaders in 14 key industry sectors.

Learn more about Global Business

 

WHY WE DO IT - OUR SINGULAR FOCUS

We're passionate about our work to strengthen our global competitiveness and improve the standard of living for all Americans. We strive to ensure that minority-owned firms are fully participating in the free enterprise system to fuel our Nation with new and innovative solutions.

Learn more about our 45-year History

PERFORMANCE

We are committed to supporting the President's goal of making this the most transparent administration in history. We release an annual performance report detailing Agency performance, yearly budget request and long term strategic plans.

Learn more about our Performance

*All figures as of September 30, 2012

About the U.S. Department of Commerce

The U.S. Department of Commerce promotes job creation, economic growth, sustainable development and improved standards of living for all Americans by working in partnership with businesses, universities, communities and our nation’s workers. The department touches the daily lives of the American people in many ways, with a wide range of responsibilities in the areas of trade, economic development, technology, entrepreneurship and business development, environmental stewardship, and statistical research and analysis.

Notable MBDA Policies

Did you know...

Between 2002 and 2007, minority-owned firms outpaced the growth of non-minority firms in gross receipts, employment, and number of firms. Minority firms are an engine of job creation.
Graph for MBE Growth

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