Press Releases

Grant Competition for Three MBDA Business Centers Announced

WASHINGTON (December 12, 2011) - The Minority Business Development Agency (MBDA) today announced a competitive solicitation for applications from prospective candidates to operate a MBDA Business Center in three distinct areas of the United States: Houston, TX, the State of Louisiana, and either the State of Mississippi or the State of Tennessee. The successful applicants will join a network of more than 35 MBDA Business Centers across the United States, District of Columbia and Puerto Rico.

Agreements signed at Annual National MED Week Conference

WASHINGTON D.C. (October 7, 2011)- The Minority Business Development Agency (MBDA) today announced that it entered into two separate Memorandum of Understandings (MOUs) during the annual Minority Enterprise Development (MED) Week Conference held September 27-30, 2011.  An MOU was signed each with the Republic of Turkey Ministry of Industry and Trade Small and Medium Enterprises Development Organization (KOSGEB) and Tremco Incorporated. These MOUs will give minority-owned businesses access to greater markets which will increase their ability to grow and create jobs.

WASHINGTON, D.C. (September 19, 2011) – The Minority Business Development Agency (MBDA) proudly announces the winner of the Ronald H. Brown Leadership Award for Minority Enterprise Development (MED) Week 2011. The Honorable Robert Menendez, U.S. Senator from New Jersey, will be honored at the Annual Awards Gala at MED Week on September 30, at the Marriott Wardman Park Hotel in Washington, D.C. The awards gala wraps up the three-day MED Week conference.

“MBDA is pleased to honor Senator Menendez with this leadership award for his commitment to strengthening the minority business community through initiatives that create economic growth and jobs. He is a man of action, and has a voice that commands action by others,” said MBDA National Director David Hinson.

The Ronald H. Brown Leadership Award spotlights individuals who have taken risks in the achievement of change, and those who have demonstrated exceptional leadership through significantly enhancing the development of diversity in the U.S. economy and abroad.

Funding will support new MBDA Business Centers in Boston, Minneapolis and Riverside, California

WASHINGTON, D.C. (September 14, 2011) – The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) today announced approximately $4.3 million in funding over the next five years for three new MBDA Business Centers (MBC) in Boston, Mass., Minneapolis, Minn., and Riverside, Calif., to stimulate job creation and support the economic growth of minority firms across the United States.  By investing in local communities across the nation, the Obama Administration continues to demonstrate its commitment to take actions designed to put more Americans to work and foster economic growth.