MBDA fosters the growth and global competitiveness of U.S. businesses that are minority-owned. MBDA is building minority-owned firms of size, scale and capacity. More than 6,000 new jobs were created and thousands more were retained by minority firms in 2010 as a result of MBDA’s programs and services.
Serving Minority Businesses Since 1969
MBDA is the only federal agency dedicated to creating minority firms of size, scale and capacity. In 2010, MBDA helped minority firms access nearly $4.0 billion in contracts and capital.
Creating a New Generation of Multi-Million Dollar Firms
MBDA serves minority entrepreneurs across America who are building and growing their enterprises and those in the high growth or new frontier industries. In doing so, minority-owned firms are better equipped to create jobs, impact local economies by contributing to the tax base, and compete successfully in domestic and global marketplaces.
MBDA an agency in the US Department of Commerce helps create and maintain U.S. jobs by promoting the growth and global competitiveness of large, medium and small businesses owned and operated by members of the minority and Diaspora communities.
Through a national network of more than 40 business centers and a wide range of domestic and international strategic partners, MBDA provides Agency clients with the technical assistance and access to capital, contract opportunities and new markets that they need to create new jobs.
Stimulating minority entrepreneurship and business ownership is in the strategic interest of the United States, particularly during economically challenging times. Evidence abounds that investments in minority business entrepreneurs can produce measurable results.
We are committed to ensuring that the U.S. minority business enterprise community will be the source of our economic recovery efforts and a competitive advantage in the 21st century worldwide economy. Our network of leaders, are committed to helping others exceed their own expectations.
The Minority Business Development Agency (MBDA) is part of the U.S. Department of Commerce. MBDA is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America.
MBDA is an entrepreneurially focused organization committed to wealth creation in minority communities. To foster the growth and global competitiveness of U.S. businesses that are minority-owned.