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MBDA and Fundation Partner to Broaden Minority Businesses’ Access to Capital

Partnership Positions MBDA Business Centers to Offer Streamlined Lending Process

Provides Minority Business Enterprises with Enhanced Financing Options

MBDA and Fundation MOU signing

WASHINGTON DC and NEW YORK – July 21, 2016 – The U.S. Department of Commerce Minority Business Development Agency (“MBDA”) and Fundation Group LLC announced today a memorandum of understanding (MOU) designed to provide U.S. minority business enterprises (MBEs) with cutting edge, digitally enabled financing solutions and expanded access to capital.

MBDA, a bureau of the U.S. Department of Commerce, currently operates a national network of 38 business centers equipped with specialists who help the nation’s minority-owned businesses grow. Center specialists assist clients with access to capital, contracts, and new markets opportunities to create new jobs.

MBDA Global Presence - domestic growth with global reach

Alejandra Castiool


Alejandra Castillo
 

National Director
 

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Albert K. Shen

Albert Shen
 

National Deputy Director
 

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