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News and Announcements


  • Submitted on 02 March 2015

    Summit Attendees with the SecretaryThe U.S. Commerce Department’s Minority Business Development Agency (MBDA) hosted the MBDA Stakeholder Summit at the Gallup Center in Washington, D.C. on Feb. 25.

    The closed meeting assembled the Agency’s national strategic partners to discuss several topics that included the state of minority businesses in the 21st century, the future of the minority business landscape, emerging opportunities, and access to capital for minority business enterprises (MBEs).  

    U.S. Secretary of Commerce Penny Pritzker welcomed the group and encouraged the participants to ensure the United States remains open for all of our country’s businesses.

  • Submitted on 25 February 2015

    FOR IMMEDIATE RELEASE
    Wednesday, February 25, 2015
    News Media Contact:
    Office of Public Affairs, 202-482-4883

    Remarks as Prepared for Delivery

    U.S. Secretary Penny PritzkerThank you, Alejandra, for the kind introduction and the outstanding job that you, Albert Shen, and the MBDA team are doing for the minority business community and for our country. 

    I recognize that assembling this esteemed group of thought leaders, issue experts, business leaders and entrepreneurs was no easy feat. And I want to thank all of you for joining this MBDA Stakeholder Summit. 

    Today is about YOU: hearing your ideas, gaining your insights, and developing a plan of action that empowers more minority firms to grow and thrive in the global economy. 

    In the past year, our businesses have created over 3 million jobs; unemployment is down; exports are at all-time highs; and GDP is growing at a steady pace. 

    However, President Obama’s vision for our economy will remain unfulfilled until our prosperity extends to all businesses across America – especially minority-owned firms. 

  • Submitted on 18 February 2015

    We are hosting the Access to Market webinar today at 1:00 P.M. E.T.

    MBDA will rebroadcast the Access to Market: Connect Americas Webinar on Wednesday, February 18th.  We apologize again for the technical difficulties that some may have experienced during the first broadcast.     

  • Submitted on 10 February 2015

    Under this Federal Funding Opportunity (FFO), the U.S. Economic Development Administration (EDA) solicits applications from applicants in rural and urban areas to provide investments that support construction, non-construction, technical assistance, and revolving loan fund projects under EDA’s Public Works and Economic Adjustment Assistance programs. Grants and cooperative agreements made under these programs are designed to leverage existing regional assets and support the implementation of economic development strategies that advance new ideas and creative approaches to advance economic prosperity in distressed communities.

    Eligibility:

  • Submitted on 02 February 2015

    For generations, the story of American progress has been shaped by the inextinguishable beliefs that change is always possible and a brighter future lies ahead. With tremendous strength and abiding resolve, our ancestors -- some of whom were brought to this land in chains -- have woven their resilient dignity into the fabric of our Nation and taught us that we are not trapped by the mistakes of history. It was these truths that found expression as foot soldiers and Freedom Riders sat in and stood up, marched and agitated for justice and equality. This audacious movement gave birth to a new era of civil and voting rights, and slowly, we renewed our commitment to an ideal at the heart of our founding: no matter who you are, what you look like, how modest your beginnings, or the circumstances of your birth, you deserve every opportunity to achieve your God-given potential.

    As we mark National African American History Month, we celebrate giants of the civil rights movement and countless other men and women whose names are etched in the hearts of their loved ones and the cornerstones of the country they helped to change. We pause to reflect on our progress and our history -- not only to remember, but also to acknowledge our unfinished work. We reject the false notion that our challenges lie only in the past, and we recommit to advancing what has been left undone.

  • Submitted on 30 January 2015

    United States ambassador James W. Brewster flew to Puerto Rico Wednesday on a two-day trip to attend Minority Business Development Week (MEDWEEK) to be held at Hilton’s Condado Plaza Hotel.

    The diplomat will be the keynote speaker on January 30 in an activity of MEDWEEK, a nationwide event of the US Commerce Dept’s Federal Minority Business Development Agency.

    “As part of MEDWEEK, the Ambassador will address a large gathering comprised of Puerto Rican business leaders about business opportunities in the Dominican Republic, as well as attend the awards ceremony to recognize the achievements of minority businesses and entrepreneurs,” the US Embassy said in an emailed statement.

  • Submitted on 20 January 2015

    President Barack Obama today announced the designation of a Presidential Delegation to La Paz, Bolivia to attend the Inauguration of His Excellency Evo Morales Ayma, President of the Plurinational State of Bolivia on January 21, 2015.

    The Honorable Tom Malinowski, Assistant Secretary of State for Democracy, Human Rights, and Labor, will lead the delegation.

    Members of the Presidential Delegation:

    Mr. Peter M. Brennan, Chargé d’Affaires to the Plurinational State of Bolivia, Department of State

    Ms. Alejandra Y. Castillo, National Director of the Minority Business Development Agency, Department of Commerce

  • Submitted on 16 January 2015

    The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations, 31 C.F.R. part 515 (the "CACR"), to implement policy changes announced by the President on December 17, 2014, to further engage and empower the Cuban people by facilitating authorized travel to Cuba by U.S. persons, certain authorized commerce, and the flow of information to, from and within Cuba.

  • Submitted on 25 November 2014

    Commerce’s Economic Development Administration Now Accepting Proposals for Coordinating Efforts to Identify, Promote, and Expand Best Practices for Industry-Driven Regional Job Training

    U.S. Secretary of Commerce Penny Pritzker announced that the U.S. Commerce Department’s Economic Development Administration (EDA) is accepting proposals for a national partner to help coordinate the Accelerating Industry-led Regional Partnerships for Talent Development ­­Program, a new learning exchange that will focus on building critical regional partnerships to accelerate job skills development across America.

  • Submitted on 06 November 2014

    At Discover Global Markets forum in Atlanta, Secretary Pritzker focuses on trade and investment opportunities in Sub-Saharan Africa

    U.S. Secretary of Commerce Penny Pritzker today announced the appointment of 15 private sector leaders to the newly established President’s Advisory Council on Doing Business in Africa (PAC-DBIA). PAC-DBIA members – representing small, medium, and large companies from a variety of industry sectors – were selected to advise the President, through the Secretary of Commerce, on strengthening commercial engagement between the United States and Africa.

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