Nov302018

2018 Broad Agency Announcement Grant Awards Listing

These programs are part of the 2018 MBDA Broad Agency Announcement, a new initiative this year. More than $13 million was awarded for 35 projects focused on Department of Commerce and MBDA priorities from resources that increase disaster preparedness and relief to programs that increase access to capital.
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Nov302018

U.S. Secretary of Commerce Announces Minority Business Development Agency Grant Awards

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Minority Business Development Agency (MBDA) of the Department of Commerce awarded over $13 million to 35 projects in communities across the country. The grants, which are part of MBDA’s new Broad Agency Announcement initiative, reflect critical Department of Commerce priorities including space commerce, aquaculture, disaster relief...
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Oct162018

Twelve Business Leaders Honored during National Minority Development Week

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) proudly announces the professional achievements of 12 leaders of minority business enterprises (MBEs). The recipients will be honored at the National Minority Business Awards Ceremony on October 16, 2018 in Austin, TX during the National Minority Enterprise Development Week.
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By 2044, the Nation’s prosperity will rely even more on minorities, the fastest growing segment of the population. Entrepreneurship is a sure pathway to wealth creation and a thriving national economy. Today, U.S. minority business enterprises represent 29% of all firms but only 11% have paid employees. If MBEs were to obtain entrepreneurial parity, the U.S. economy would realize 13 million more jobs. Building Prosperity for American Families, Expanding Economic Investments, Strengthening America's Competitiveness

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