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Building Relationships at MED Week and Beyond

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Locate a MBDA Business Center

Locate a MBDA Business Center

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August 2014

Video Message from National Director Alejandra Y. Castillo

August Video Message from National Director Castillo

MED Week Conference 2014

2014 National MED Week Conference

Thank you for making this year’s National Minority Enterprise Development (MED) Week Conference a huge success. The conference offered a dynamic program highlighting new global business trends, leveraging federal programs, marketing with a competitive edge, and employing creative financing strategies.

We extend a special thank you to the conference sponsors and keynote speakers, including: Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration; Bruce Andrews, U.S. Deputy Secretary of Commerce; Carla Harris, Managing Director and Head of the Emerging Manager Platform at Morgan Stanley Investment Management; and Joe Abraham, Founder, BOSI Global & Author, Entrepreneurial DNA.

» Please visit the MED Week website to view event photos.

MBDA Business Center

MBDA Business Center Spotlight: Phoenix

Producing Results through Growth and Expansion Strategies

Bringing in $587 million in contracts and capital for MBDA Business Center last year, the Phoenix MBDA Business Center is one of the highest performing in the country. Their assistance helped clients to create 1,447 new jobs and save 552 more in FY 2013.

Led by Executive Director Alika Kumar, the Center’s success can be attributed to the well-rounded team of four who, together, possess the experience and technical expertise to guide their diverse clientele to a level of growth that the MBEs did not foresee. One successful client, Fortis Networks, grew its annual revenue from $500,000 to over $26 million since becoming a client in 2009.

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Energy Business Development Mission to Japan and Korea

Secretary of Commerce Penny Pritzker Business Development Mission to Japan and South Korea

Exciting Opportunity to Expand Your Business in Asia

Secretary of Commerce Penny Pritzker will lead a Healthcare and Energy Business Development Mission to Asia with stops in Japan and South Korea from October 19-23, 2014.

This business development mission will promote U.S. exports to Asia by helping U.S. companies launch or increase their business in the healthcare and energy sectors. In both countries, the governments and private sector are investing significant money to develop both sectors.

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Annual Performance Report for 2013

It is with great pleasure that I present to you Fiscal Year (FY) 2013 Annual Performance Report of the Minority Business Development Agency (MBDA).

FY 2013 was yet another great year of growth and continued record performance for MBDA. Through its integrated nationwide network of MBDA Business Centers, the Agency has continued its efforts to streamline its operations while building synergy and efficiencies in helping American firms access $4.8 billion in contracts and capital awards. In FY 2013, our Agency’s performance has led to the creation and retention of over 25,000 American jobs.

These results build on the amazing accomplishments of FY 2009-12 and represent the highest performance in MBDA’s 44 year history. Over the course of the Obama Administration, MBDA has helped minority-owned firms access $19.4 billion in contracts and capital which also created or retained nearly 60,000 jobs.

~National Director Alejandra Y. Castillo

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Upcoming Events


Featured Event


National Institute of Governmental Purchasing Annual Forum 2014
August 23-27

The NIGP Forum is the largest North American conference exclusively for public procurement. The Forum is NIGP's showcase educational event, providing an ideal environment for networking with colleagues and suppliers, attending educational workshops led by subject matter experts in the field, and being motivated and inspired by professional speakers during general session.

Learn more »

Upcoming Events

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