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Press Room April 2014

MBDA Helps Human Resource Company Increase Revenue 278%

Our goal is to help organizations fill their human capital pipeline with highly qualified and motivated leaders at all levels of the organization. We provide strategic solutions to deliver an organization’s short- and long-term recruitment and staffing goals. –Ken Taunton, President & CEO, The Royster Group

MBDA Business Center Opens in Washington, D.C., Helps Companies Gain Access to Capital, Contracts for Job Creation

DC Capitol Open HouseOn April 24, 2014 Jacqueline Woodard, President and CEO of Performance-based Solutions, Inc. (PbSi), joined Alejandra Castillo, National Director of the U.S. Department of Commerce's Minority Business Development Agency (MBDA), the Honorable William Euille, Mayor of Alexandria, Va., Joanne Benson, Maryland State Senator and many other distinguished guests, to launch the Washington, D.C. Capitol MBDA Business Center, made possible through a three-year, $900,000 grant that was awarded in September 2013.

U.S. Secretary of Commerce Pritzker Announces New York City Native to Lead Minority Business Development Agency

April 17, 2014
Contact: Al Betancourt - MBDA Public Affairs
Email: abetancourt@mbda.gov



WASHINGTON (April 17, 2014) —The U.S. Secretary of Commerce Penny Pritzker today announced the appointment of Alejandra Y. Castillo, a New York City native born to Dominican immigrants, with more than 20 years of experience working in the private, government and non-profit sector, as the new Director of the Minority Business Development Agency (MBDA).

“The success of minority-owned businesses is fundamentally essential to our nation’s economic vitality,” said Pritzker. “MBDA has been instrumental in laying the foundation that is giving rise to the fastest growing segment of the business community, and I am very confident that Alejandra will continue to maximize their opportunities.”

Castillo, a practicing attorney for several years, is the first Hispanic-American woman to lead the Agency, and only the second woman in MBDA’s 45-year history. Previously, Castillo served as MBDA’s National Deputy Director managing the Agency’s day-to-day operations and its national network of more than 44 business centers across the U.S. and Puerto Rico.

Ex-Im Bank and MBDA Announce Expansion of its Partnership

Washington, D.C. – The Minority Business Development Agency (MBDA) and the Export-Import Bank of the United States (Ex-Im Bank) have announced an expansion of their partnership to help small minority- and women-owned export businesses obtain loans so they can have greater access to foreign markets.

MBDA Business Centers in Miami, Los Angeles, Detroit, and Phoenix can now process loan applications for export financing as Originators for the Ex-Im Bank’s Global Credit Express program, designed to help small businesses that do not enjoy access to conventional financing markets.

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