The Minority Business Development Agency (MBDA) announced the formation of the Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority owned businesses.
Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses.
New disparity studies are available paying attention to the metrics that exist in public procurement and contracting that affect minority business.
MBDA Grantees: Pilot Programs and Projects
Enterprising Women of Color Initiative
The Minority Business Development Agency (MBDA) developed Enterprising Women of Color (EWOC) to focus on the fast-expanding minority women entrepreneur population as a revenue generators for families, communities, and the nation.