WRITTEN TESTIMONY OF DAVID A. HINSON, NATIONAL DIRECTOR
MINORITY BUSINESS DEVELOPMENT AGENCY, U.S.DEPARTMENT OF COMMERCE
Before the U.S. House Committee on Oversight and Government Reform
Subcommittee on Government Management, Organization, and Procurement
September 22nd, 2010
Chairwoman Watson, Ranking Member Bilbray, and Members of the Subcommittee:
Thank you for inviting the Minority Business Development Agency (MBDA) to appear before the Subcommittee to discuss the important issues surrounding minority contracting opportunities in the federal marketplace. I request that my entire written statement, including the attachments, be entered into the official hearing record.
I. Overview
MBDA has been in existence for over forty years, originally established as the Office of Minority Business Enterprise by President Nixon on March 5, 1969, pursuant to Executive Order 11458. On October 13, 1971, President Nixon issued Executive Order 11625, as amended, which clarified the Agency’s authority and expanded the scope of its operations. MBDA is the sole federal agency dedicated exclusively to promoting equal economic opportunities for the nation’s minority business enterprises (MBEs) and accomplishes its mission through programs and activities designed to foster MBE growth and global competitiveness. Today, MBDA continues as the sole federal agency dedicated to fostering minority business growth and global competitiveness.