You are hereHome >
Partnership Positions MBDA Business Centers to Offer Streamlined Lending Process
Provides Minority Business Enterprises with Enhanced Financing Options
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.