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MBDA Welcomes New National Director


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April 2014

Celebrating 45 Years

Video Message from New National Director Alejandra Y. Castillo

MBDA Welcomes New National Director Alejandra Y. Castillo

DOE Logo

Energy Partnership: MBDA and DOE

In 2013, MBDA and the Office of Economic Impact and Diversity (ED) within the U.S. Department of Energy (DOE) established a partnership aimed at increasing the participation of minority business enterprises (MBEs) in energy – one of the largest industries in the United States. 

In addition to enhancing access to procurement and contracting opportunities available through the DOE for minority firms, MBDA and ED are also working to create and unveil growth opportunities for minority firms through technology transfer and commercialization.

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U.S. Commerce Secretary Penny Pritzker

MBDA Centers Open in Bronx, Baltimore

Minority-owned businesses seeking to grow their firms and branch out into new markets have new resources to find help. The Minority Business Development Agency (MBDA) proudly welcomed two new MBDA Business Centers into their family of network centers that operate across the U.S. and Puerto Rico.

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Houston Open House

Intellectual Property Webinar Series

During the month of April, MBDA will collaborate with the U.S. Patent and Trademark Office (USPTO) to conduct a three part webinar series on the intellectual property process.

The webinar series will focus on the three types of intellectual property protection: copyrights, patents, and trademarks. The complimentary webinars will provide a wealth of information, resources, and tools to protect and promote your intellectual property.

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SBA Improves Small Businesses Access to 7(a) and 504 Loan Programs; Enhances Job Creation

U.S. small businesses will gain improved access to two major government-guaranteed loan programs once a final rule to that effect issued by the U.S. Small Business Administration becomes effective April 21, 2014.

The SBA recently published a Final Rule on the Federal Register that eliminates or revises several requirements for its two main loan programs, 7(a) and 504. The rule expands eligibility, makes it easier for small businesses to secure SBA-backed financing, and encourages job creation.

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Part of the Women's Roundtable Group

MBDA Hosts Women’s Business Roundtable

Women leaders from the African American, Asian, Hispanic and Native American business communities showcased their expertise and entrepreneurial achievements during the “Power and Promise of the Minority Women in Business” roundtable discussion in Washington, DC, hosted by the Minority Business Development Agency (MBDA) on March 31.

In celebration of Women’s History Month, the event attracted a diverse group of more than 25 women business leaders that included federal officials, researchers, entrepreneurs and high-level executives, who represented organizations on the forefront of helping women, transform economies and communities.

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