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Press Releases


  • Submitted on 10 November 2011

    FOR IMMEDIATE RELEASE
    November 9, 2011
    Contact: MBDA Public Affairs
    Email: public_affairs@mbda.gov

     

    The Metropolitan Economic Development Association will operate new center

    WASHINGTON D.C. (November 9, 2011) - The Minority Business Development Agency (MBDA) today announced that the Metropolitan Economic Development Association of Minneapolis, Minn. was awarded a cooperative agreement totaling $1.75 million to operate a new MBDA Federal Procurement Center (FPC) located in the Washington, D.C. metropolitan area. The cooperative agreement will be for a period of five years, from fiscal year 2011 through fiscal year 2015.

    The Federal Procurement Center will serve the minority business community nationwide in order to better position them to access and obtain federal procurement awards, which includes prime and sub contracts.  The MBDA Business Centers have garnered great success since being created, and establishing a Minority Business Center focused solely on federal procurement is part of the Obama Administration’s commitment to ensuring that all U.S. businesses share in the jobs and opportunities created by federal government activities.

  • Submitted on 11 October 2011

    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.

  • Submitted on 22 September 2011

    WASHINGTON D.C. (September 20, 2011) – The U.S. Commerce Department’s Minority Business Development Agency (MBDA) proudly announces the 2011 National Minority Enterprise Development (MED) Week award winners. Awardees will be honored at a gala on September 30 in Washington, D.C.

    “The minority-owned firms selected are excellent examples of U.S. firms producing American-made products and services that are creating jobs for Americans,” said MBDA National Director David Hinson. “These businesses are helping America ‘win the future’ by boosting our economy and global competitiveness.”

  • Submitted on 19 September 2011

    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.

    U.S. Senator Robert Menendez“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.

  • Submitted on 19 September 2011

    WASHINGTON D.C. (September 19, 2011) - The Minority Business Development Agency (MBDA) today announced that it will honor James H. Lowry, senior advisor and global diversity director for the Boston Consulting Group, with the Abe Venable Award for Lifetime Achievement at the annual MED Week Awards Gala Sept. 30, at the Marriott Wardman Park Hotel in Washington, D.C. The awards gala closes out the three-day national MED Week conference.

    James Lowry“Throughout his life, James Lowry has championed causes that promote the growth and development of minority business enterprises,” said MBDA National Director David Hinson. “His lifelong service and commitment to the minority business community is exceptional and we are proud to recognize his achievements.”

    The Abe Venable Award for Lifetime Achievement is given to an individual who has played an integral role in the creative, technical or professional progress of the minority business community over the course of his or her life. It is named in honor of Abraham S. Venable, who joined the U.S. Department of Commerce in 1963 and later was appointed by President Richard Nixon to serve as MBDA’s first African American Director (1970-1971).

  • Submitted on 14 September 2011

    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.

  • Submitted on 29 August 2011

    Onsite Registration for the 29th Annual National Minority Enterprise Development Week Conference is Available - Join us at the Marriott Wardman Park Hotel in Washington, D.C

    Marriott Wardman Park Hotel Address
    2660 Woodley Road NW
    Washington, D.C. 20008
    Phone: 1-202-328-2000
    Fax: 1-202-234-0015

    Register Now

    The Minority Business Development Agency, in partnership with the U.S. Small Business Administration, today announced the opening of registration for the 2011 Minority Enterprise Development Week (MED Week) Conference, which will be held Sept. 27-30 at the Marriott Wardman Park Hotel in Washington, D.C.  The theme of this year’s conference is Emerging Industries and Markets: A Blueprint for Success, and the 3-day event will spotlight trends and opportunities for participating businesses.

    “Minority-owned firms are a significant source of job creation in this country, and MED Week offers them an unparalleled opportunity to learn how to grow their business, network with other firms, and expose themselves to decision makers,” said MBDA National Director David A. Hinson. “MED Week is more important than ever before as minority-owned firms are seen as a valuable asset and significant source of economic growth for the country.”

    Keynote speakers will include Secretary of the Department of Health and Human Services Kathleen Sebelius and Secretary for Housing and Urban Development Shaun Donovan. 

  • Submitted on 22 August 2011

    Winners will become candidates for National Minority Business of the Year Award

    Register Now for MED Week 2011

    The Minority Business Development Agency (MBDA) today proudly announced the recipients of the 2011 Regional Minority Enterprise Development Week award. The winners from five different regions – Atlanta, Chicago, Dallas, San Francisco and New York – will make up the pool of eligible candidates for the National Minority Business of the Year Award, which is given to the nation’s top firms across a number of different categories. 

    The regional awards are designed to celebrate the top minority firms achieving outstanding success in the construction, manufacturing, retail, energy, global technology and supplier distribution industries. Other categories of recognition include an advocate award, media award, distinguished supplier award, and an access to capital award.  

    “Minority businesses are a phenomenal asset to the U.S. economy in a variety of sectors, from manufacturing to hospitality services and everything in between,” said MBDA National Director David Hinson. “These firms create good paying jobs and boost economic growth in America’s communities. The businesses recognized through the MED Week awards program represent just a few of our nation’s brightest and most innovative minority enterprises.”  

  • Submitted on 31 May 2011

    New Minority Business Center to Foster Growth of Minority-Owned Firms through Assistance with Federal Procurement

    WASHINGTON (May 31, 2011) – The Minority Business Development Agency (MBDA) announced today a competitive solicitation for candidates interested in operating a new MBDA Federal Procurement Center (MFPC). MBDA will award one cooperative agreement totaling $1.75 million over a five-year period – from fiscal year 2011 through fiscal year 2015 – to operate the Center, which will be located in the Washington, D.C. metropolitan area.

  • Submitted on 06 April 2011

    Funding will support 27 MBDA Business Centers, including two new centers in Cleveland and Denver

    Visit MBDA Business CentersWASHINGTON, D.C. (April 6, 2011) —The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) today announced $7.8 million in funding for 27 MBDA Business Centers (MBC) located across the country to boost job creation and foster the economic growth of minority firms in the United States, the District of Columbia, and Puerto Rico.

    MBDA Business Centers assist minority entrepreneurs with access to markets, contracts and capital and offer strategic business consulting services to facilitate 21st century growth in today’s global economy.  MBCs interface directly with minority business owners and managers at the local level and provide enhanced assistance through MBDA’s national strategic partners, both within the Federal government and the private sector.

    “The MBDA Business Center program has shown remarkable success, and with a renewed focus on job creation in high-growth industries that leverages global business opportunities and teaming arrangements, we’ve raised the performance bar,” said MBDA National Director David Hinson. “MBCs are catalysts for minority business development, and by investing in these centers at the local level, we will see reverberating effects throughout the national economy.”