Blog

April 16, 2019
MBDA Philadelphia Opportunity Zone Summit

Opportunity Zones are a tool created by the Tax Cuts and Jobs Act of 2017 to spur investment on underserved areas. They offer investors a tax incentive by investing their unrealized capital gains into a designated “Opportunity Fund.”

Did you know that there are $2.3 trillion of unrealized capital gains in the United States? And did you know that the average Opportunity Zone consists of 56% minority residents? Minority business enterprises (MBEs) are the foundations of their communities, and Opportunity Zones can be a powerful way to bring investment dollars into these MBEs.

...

February 11, 2019
Accoustic Sheep Success Story

A couple in Erie, Pennsylvania found their entrepreneurial calling in 2007 when they started a business making head phones to help people fall asleep, and named it AcousticSheep LLC. They invented a comfortable ear-muff like sound system that can play music, audible books, and other sounds helpful for a restful night.

The founders, Dr. Wei-Shin Lai, a family physician and her husband Jason Wolfe, a video game developer, grew the business from scratch – literally using a sewing kit in the middle of their kitchen to make the...

February 11, 2019
Akas Tex LLC Success Story

Nestled in the Township of Bensalem Pennsylvania is a small textile and design company called AKAS. The company was established in 2007 by Indian immigrants Sidharth and Archana Sharma who moved to the United States to create a better life for their children – Karishma and Ashrey.

Living the American dream, the new business owners centered their company’s core values around family – so much so that they created the abbreviation AKAS from the first letter in each of their names - Archana, Karishma, Ashrey and Sidharth.

AKAS is...

November 5, 2018
The Abe Venable Legacy Award for Lifetime Achievement is presented to Dr. Leonard “Len” Greenhalgh, Faculty Director and Professor at Dartmouth College.

The Abe Venable Legacy Award for Lifetime Achievement is presented to Dr. Leonard “Len” Greenhalgh, Faculty Director and Professor at Dartmouth College. Dr. Greenhalgh’s deep involvement in programs for minorities, Native Americans, and women – which ultimately became his life’s work – was motivated by seeing first-hand how minorities were treated during the social justice movement in the 1960s. 

He began his career at the Tuck School at Dartmouth College in 1978 and his work in helping minority business began with Tuck’s inaugural...

MED Week

Minority Enterprise Development Week

November 5, 2018
The Ronald H. Brown Leadership Award is presented to Margo K. Cargill, founder and CEO of Titanium Linx Consulting Inc., and president of the Uniondale New York Chamber of Commerce

The Ronald H. Brown Leadership Award is presented to Margo K. Cargill, founder and CEO of Titanium Linx Consulting Inc., and president of the Uniondale New York Chamber of Commerce. With more than 22 years of combined experience in senior project management, marketing research, and strategic communications, Ms. Cargill is best described as a partnership architect with the proven ability of bringing together stakeholders with varied interest and developing strategies for them to work together for the common good.

Specializing in public-private...

MED Week

Minority Enterprise Development Week

November 5, 2018

The Distinguished Supplier Diversity Award is presented to The Coca-Cola Company.  The Coca-Cola Company is a total beverage company, offering over 500 brands in more than 200 countries and territories. 

Recognizing the impact that they have on the worldwide supply chain in the industry, Coca‐Cola encourages their own suppliers to adopt diversity programs and goes beyond its own industry to increase overall corporate supplier diversity.

The company is committed to ensuring that minority-owned businesses have access to opportunities throughout...

MED Week

Minority Enterprise Development Week

November 5, 2018
Advocate of the Year is presented to Natalie Madeira Cofield, founder of Walker's Legacy, a global platform for the professional and entrepreneurial multicultural woman.

Advocate of the Year is presented to Natalie Madeira Cofield, founder of Walker's Legacy, a global platform for the professional and entrepreneurial multicultural woman.

In 2009, when Ms. Cofield found herself in need of female mentors and role models during the formation of her first entrepreneurial venture, Walker’s Legacy was born. Recognizing the need for positive and accessible examples of multicultural women in business the goal was to develop an open forum for women to engage and inspire.

Today, Walker’s Legacy equips multicultural...

MED Week

Minority Enterprise Development Week

November 5, 2018

The Access to Capital Award is presented to MBE Capital Partners, LLC (MBECP), the country's only Direct Lending Certified Minority Finance Company and the largest independent finance provider for small- to middle-market minority- and women-owned business enterprises in the U.S., Caribbean and Mexico. 

Originally founded to provide a suite of capital products designed specifically for small and mid-size MWBE businesses; MBECP now has an international reach, offering alternative financing through Supply Chain, Purchase Order and Inventory...

MED Week

Minority Enterprise Development Week

November 5, 2018
The Veteran-Owned Business of the Year is IMR Development Corp.

The Veteran-Owned Business of the Year is IMR Development Corp. Established in 2009, IMR is a service-disabled veteran-owned company that was formed to serve a niche market for smaller businesses in the construction management and infrastructure sectors.

Initially focusing heavily on the construction and inspection services, IMR has expanded the company to include a Trenchless Division that offers specialty services in No Dig Trenchless Construction, new trenchless technology that allows for the installation, inspection, maintenance, and...

MED Week

Minority Enterprise Development Week

November 5, 2018
Minority Professional Services Firm of the Year is awarded to Resource Management Inc. (RMI), a family-owned human resource, benefits, and insurance solutions provider.

Minority Professional Services Firm of the Year is awarded to Resource Management Inc. (RMI), a family-owned human resource, benefits, and insurance solutions provider.  Established in 1995, RMI provides small to mid-size companies with a variety of services including human resources, payroll preparation, risk management, and employment law compliance. 

A founding vision of the company was to help small businesses compete with large corporations by offering tools to free entrepreneurs from HR administrative roles in order to focus more on the...

MED Week

Minority Enterprise Development Week

November 5, 2018
Minority Manufacturing Firm of the Year is presented to Champion Controls, Inc.

Minority Manufacturing Firm of the Year is presented to Champion Controls, Inc. Founded in 2003, Champion Controls is a leading control system integrator and manufacturer of quality engineered control systems, serving the heavy movable structures industry.

Since its inception, Champion has experienced substantial growth, averaging 40% in the first 10 years and a more controlled steady growth rate of 5% for the last three years.  The company’s workforce has also increased by 50%, including highly skilled workers and entry-level apprentices that are...

MED Week

Minority Enterprise Development Week

November 5, 2018
Minority Health Products and Services Firm of the Year is presented to Anpac Bio-Medical Science Company

Minority Health Products and Services Firm of the Year is presented to Anpac Bio-Medical Science Company. Co-founded in 2010 by Chinese-American scientists Dr. Chris Yu and Dr. Herbert Yu, Anpac Bio is the only liquid biopsy services company fully-commercialized and earning revenue worldwide. 

The company’s proprietary “Cancer Differentiation Analysis” (CDA) medical devices and liquid biopsy screening services effectively reinvented early cancer detection.  Anpac Bio has filed more than 250 CDA-related patents globally and continues to significantly...

MED Week

Minority Enterprise Development Week

November 5, 2018
Minority Export Firm of the Year is presented to McWong Environmental Technology (MET).

Minority Export Firm of the Year is presented to McWong Environmental Technology (MET). Founded by President/CEO Margaret Wong, MET is a full-service environmental engineering company that manages more than a dozen active projects to address the toughest wastewater treatment challenges. 

Headquartered in California with branch offices in China, MET averages $10 million in revenue per project and creates thousands of jobs across the globe. Since its inception, McWong Environmental Technology has been a U.S. export champion, completing numerous...

MED Week

Minority Enterprise Development Week

November 5, 2018

Minority Construction Firm of the Year is presented to DAP Construction Management, LLC. Established in 2009, DAP got its start as a residential property renovation and swimming pool service company. 

Today, DAP is a fast-growing general contractor and construction management firm licensed in Arizona, Arkansas, and Texas with an emphasis in government and commercial contracts. Since expanding the business to include multiple certifications and a network of highly qualified teaming partners, DAP has doubled its revenue over the past three year, from...

MED Week

Minority Enterprise Development Week

November 5, 2018
2018 Minority Marketing and Communications Firm of the Year is presented to Sensis.

Minority Marketing and Communications Firm of the Year is presented to Sensis, a cross‐cultural marketing agency driving behavior change. Working beyond ethnic boxes, the agency creates useful, digitally relevant content to drive consumer action across cultures.

While traditional marketing campaigns focus on the mass market or ethnic segmentation, Sensis long ago recognized the country’s ethnic diversity and the importance of crafting messaging that crosses cultural lines. Sensis started in Los Angeles in 1998 as a website development company with...

MED Week

Minority Enterprise Development Week

October 5, 2018
Celebrating MEDWEEK October 14-20, 2018 Connect with us at the 2018 NMSDC Conference and Business Opportunity Exchange in Austin, TX – Booth #119

The Minority Business Development Agency (MBDA) is honored to celebrate Minority Enterprise Development (MED) Week in partnership with the National Minority Supplier Development Council at the 2018 NMSDC Conference and Business Opportunity Exchange. MBDA will present a series of Powered by MBDA workshops and seminars at the conference that will focus on Federal Government resources including trade/exports, infrastructure, and federal procurement opportunities. MBDA will also host the MBDA Pavilion where minority entrepreneurs and business owners can obtain one-on-one business counseling...

MED Week

Minority Enterprise Development Week

September 18, 2018
Andes Global Trading LLC

The type of dedication needed to run a successful small business is full of sacrifice, risk, and reward. And for U.S. companies that decide to take their sales globally, truly understand what it requires to grow and expand on that success.

An example of one of those companies is Andes Global Trading LLC in Miami, Florida, which is a meat-trading enterprise founded by Santiago Manzur and Ivan Orrego in 2011, who used their entire life savings to get things started.

In the first year of business, Orrego and Manzur worked from home and put 100% of their focus into developing...

Export Finance

Export Finance

September 17, 2018

The Minority Business Development Agency (MBDA) is honored to present Minority Enterprise Development (MED) Week in partnership with the National Minority Supplier Development Council, Inc. at the 2018 NMSDC Conference and Business Opportunity Exchange.

The 2018 National MED Week celebration, recognized at the NMSDC Conference, will offer several Powered by MBDA signature sessions, government-to-business matchmaking, and host the National Minority Business Awards Ceremony. The award is the highest level of recognition in the nation bestowed on a minority-owned business or...

September 14, 2018
Advisory Council

Interested in Advising the Secretary of Commerce on Trade Finance Solutions?

I have great news! The U.S. Department of Commerce has announced the re-chartering of its Trade Finance Advisory Council (TFAC or the “Council”). This federal advisory committee advises the Secretary on how to expand access to finance for U.S. exporters and their foreign buyers.

What Does the TFAC Do?

During its first two-year term, the TFAC provided detailed policy and technical recommendations to enhance private and official financing options for U.S....

Advisory Council

Advisory Council

September 14, 2018
Hispanic man with business sign

The U.S. Department of Commerce, Minority Business Development Agency is proud to celebrate the history, culture, and contributions of Hispanic and Latino Americans as part of National Hispanic Heritage Month September 15 - October 15. This year’s theme is “Hispanics: One Endless Voice to Enhance our Traditions”.

In September 1968, Congress authorized President Lyndon B. Johnson to proclaim National Hispanic Heritage Week, observed during the week that included Sept. 15 and Sept. 16. In 1989, Congress expanded the observance to a month long celebration (Sept. 15-Oct. 15) of the...

September 12, 2018
 satellite_image_of_hurricane_florence

Before Hurricane Florence makes landfall, there are a few things you can do to ensure safety in the midst of the storm. Here are hurricane preparedness tips for your business:

  • Review your hazard and flood coverage NOW. If you don’t have flood coverage, which is NOT covered by hazard insurance, contact the National Flood Insurance Program to purchase flood insurance.  There is a 30-day waiting period after you make the first premium payment.
  • Make sure you have access to your insurance policy information, especially policy numbers. Keep
  • ...

Disaster Assistance

Disaster Assistance

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Emergency Preparedness

Emergency Preparedness

August 30, 2018
Self Employed

Four in five businesses are nonemployers. The number of nonemployer firm has risen 58 percent since 1997, from 15.4 million in 1997 to 24.3 million in 2015, while the number of employer firms has grown 6 percent in the same period. Nonemployer firms account for 3 percent of the annual receipts of US businesses and employer firms account for the remaining 97 percent. On average, nonemployer firms earn about $47,000 annually and employer firms earn nearly $6 million.

Discover more about ...

August 30, 2018
The number of firms owned by minority women has grown 163% since 2007

Since 2007, women of color have started businesses at an unmatched rate. While the number of women-owned businesses grew 58% from 2007 to 2018, firms owned by women of color grew at nearly three times that rate (163%). As of 2018, women of color account for 47% of all women-owned businesses. An estimated 5,824,300 women-of-color-owned businesses employ 2,230,600 people and generate $386.6 billion in revenues.

More specifically, numbers for Latinas and African Americans grew faster than the average rate for businesses owned by women of color: 172% and 164% respectively, equaling 2.1...

August 22, 2018
MEDA's $1 Million Challenge for Minority Entrepreneurs

Are you a minority entrepreneur? Do you need financing to take your business idea to the next level?

Enter the Meda $1 Million Challenge today and let us know why you think your business rises above the rest!

Up to 20 minority-owned businesses will face off this October for their chance to compete for up to $1 million dollars in financing to accelerate their businesses.

These selected businesses will be invited to make...

Challenge

Challenge

August 22, 2018
tariff

Recently the United States Government announced several new tariff increases.  The U.S. Department of Commerce implemented tariffs on steel and aluminum imports for national security reasons.  Separately, the U.S. Trade Representative (USTR) announced tariffs to combat unfair trade practices on certain Chinese goods.  Additional tariffs on a larger list of goods from China are expected in the future.

Small businesses should become familiar with what imported products are impacted to make informed business decisions as tariffs could increase the total cost of certain imported goods...

Export Expansion

Export Expansion

August 22, 2018
WEBINAR hand on table Business, coffee, Split tone

Argentina is back and open for business! The new pro-business government under President Macri has re-opened the country to the international business scene. The government has been cracking down on corruption and has made infrastructure development a top priority. Such undertaking is mostly fueled through a combination of World Bank and InterAmerican Development Bank funding and international tenders featuring Public-Private Partnerships.

U.S. companies are Argentina’s partners of choice; the U.S. is one of Argentina’s top suppliers and opportunities abound for innovative and high...

August 22, 2018
The overpass China city

Last year, the United States exported more than $450 billion in goods to Asia, and the potential for selling U.S. products in the region is still largely untapped.

The U.S. Department of Commerce announced a strategy designed to increase U.S. exports to the Indo-Pacific region, strengthen economic security and reduce the U.S trade deficit. For more than seven decades, U.S. economic and commercial engagement and development assistance have advanced freedom, openness, and economic prosperity across the region.

The Commerce Department will dedicate two of its upcoming flagship...

Export Expansion

Export Expansion

August 20, 2018
Busines people, product presentation, gallery

Intellectual property (IP) is a key commodity in U.S. trade. Each year more than 50 percent of U.S. merchandise exports and more than 10 percent of total U.S. services exports come from IP intensive industries. The United States has become the global leader in cutting-edge sectors in part due to strong IP protection regimes. We know that IP is how the U.S. economy will continue to grow, and that protection both at home and abroad is critical for our industries to flourish worldwide.

As part of the Department of Commerce’s overarching commitment to helping the American economy grow,...

Technology and Business

Technology and Business

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Innovation

Innovation

August 9, 2018

Note: If you are seeking to do business with FEM A in support of a disaster recovery effort, please be aware that in accordance with the Robert T. Stafford Act (specifically Section 307}, FEM A's goal is to seek local companies within the disaster area for goods and services related to a specific disaster when practical and feasible.

The Industry Liasison Program has a four-step process to help vendors seeking FEMA contracting opportunities to meet FEMA's missions and goals.

  1. Locate your nearest Association of Procurement Technical Assistance Center
  2. ...

Disaster Assistance

Disaster Assistance

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Emergency Preparedness

Emergency Preparedness

August 9, 2018
Black external hard disk connecting to a laptop on a blue background.

We all know it happens – computers crash, malware infects them, or somebody downloads that cool, new program that crashes everything! While there are many tips and tricks of great value in preventing your devices and data from being compromised, it is important to also have a backup of your information in case something goes wrong!

Backups are copies of key information or data that are stored separately from your device. By storing these separately, you can restore your data or device using these backups and get right back to full working order. With threats of Ransomware, which...

Technology and Business

Technology and Business

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Emergency Preparedness

Emergency Preparedness

August 9, 2018
We give our best every day

Supply chains move materials, products, information, and money from vendors to purchasers to consumers, driving economic growth in an increasingly globalized world. As minority business enterprises (MBEs) continue to expand their influence in the U.S. economy, commitment to supplier diversity presents an opportunity to access modern markets and innovative products. Here are four facets of the U.S. supply chain through which MBEs are driving growth.

Market Share

The number of minority-owned firms nearly doubled...

Established Businesses and Growth

Established Businesses and Growth

July 30, 2018

The Minority Business Development Agency celebrates the annual achievements of outstanding entrepreneurs during National Minority Enterprise Development (MED) Week.  The National Minority Business Awards, the U.S. Department of Commerce’s most prestigious recognition for minority-owned firms, awards individuals and organizations with a demonstrated commitment to minority business enterprises, presenting accolades across three main categories – minority-owned firms, champions of minority business and individual recognition. Here’s a look at the award-winning qualities of several past...

MBDA History

MBDA History

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MED Week

Minority Enterprise Development Week

July 25, 2018
Global business concept.

The World Bank currently makes commitments of $60 billion/year and recent procurement reforms should make U.S. companies more competitive in the bidding process. So how can U.S. companies find World Bank-funded projects, bid on them, and win?

Here are four steps to help you get started:

  1. Review the World Bank web site to fully understand how the World Bank works with international projects.
  2. Consider focusing on a country or region in which you have already been successful.
  3. Sign up
  4. ...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Expansion

Export Expansion

July 25, 2018

Through trade data! Research world and country-specific import data to uncover potential new markets. In TradeStats Express, look for answers to:...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Basics

Export Basics

July 18, 2018
Business women touching the certification screen

You can get a jump start on your organization’s long-term contract growth by considering these six minority business enterprise certifications.

Minority Business Enterprise ● National Minority Supplier Development Council

The NMSDC connects certified, minority-owned suppliers with thousands of corporate members, providing access to influential private-sector buyers. Additional MBE benefits include eligibility for NMSDC development programs and invitation to networking...

Business Certification

Business Certification

July 10, 2018
Group of woman using holographic interface world map

When it comes to exporting, many minority businesses are reaping the rewards of selling internationally, while other firms have yet to explore sales. In the below question and answer, members of the Minority Business Development Agency (MBDA) Access to Market Business Development Team, George Mui and Gabriela Morales discuss exporting and how these businesses can take advantage of U.S. government export resources to successfully navigate their first or new export markets.

1. Why should minority-owned firms consider exporting or expanding into new foreign markets?...

Export Basics

Export Basics

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Expanding Your Business

Expanding Your Business

July 9, 2018

Writing a budget for a federal grant can be challenging, especially if it’s your 1st time. Here are some tips to keep in mind when writing one. This video is meant to be an example. Your budget may be different depending on what you are proposing. You can construct your budget proposal using these 4 ingredients. Transcript

Download Sample Budget Spreadsheet...

Grant Competitions

Grant Competitions

July 5, 2018

Writing a budget for a federal grant can be challenging, especially if it’s your 1st time. Here are some tips to keep in mind when writing one. This video is meant to be an example. Your budget may be different depending on what you are proposing. Transcript

Additional videos:  

Grant Competitions

Grant Competitions

June 29, 2018
Technology Tools

There’s no need to build your business alone; that’s why the Minority Business Development Agency maintains a network of industry leaders guiding the way for the nation’s entrepreneurs. Learning from peers and mentors lets you in on insider knowledge, but don’t forget to check-in with the broader business community and learn ways to tackle age-old challenges with new technologies. The next time you go over your business plan, consider these five digital innovations driving the industry towards faster growth and efficiency.

Mobilize ● User Experience Optimization...

Technology and Business

Technology and Business

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Innovation

Innovation

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Established Businesses and Growth

Established Businesses and Growth

June 29, 2018
HECHO EN PUERTO RICO sign

Compared to many of its neighbors, the Puerto Rico Minority Business Development Agency Business Center caught a break.

When Hurricanes Irma and Maria ravaged the island, the El Vedado sector – home to Puerto Rico’s banking district and its MBDA-operated business center – was largely spared from structural damage left in the wake of the worst natural disaster to hit the region. But though many buildings stood tall, the infrastructure necessary to get back to business lagged.

“The offices were in good condition,” said Teresa Berrios, Director of the Puerto Rico MBDA Business...

Disaster Assistance

Disaster Assistance

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Emergency Preparedness

Emergency Preparedness

June 18, 2018

It’s time to fill out your organization’s application for MBDA’s grant opportunity. We know that writing and submitting your proposal may be overwhelming, but here are a few tips to help you along that journey.​​​​​​ Transcript 

Additional videos

Grant Competitions

Grant Competitions

June 11, 2018
Conference Networking

When it comes to winning contracts, strategizing market communications, prioritizing financing solutions and engaging new markets, the Minority Business Development Agency is here to help. Join us for these five seminars to access the information and networks to grow your business. 

Sustainability in Seattle ● June 12, 2018

The Northwest Mountain Minority Supplier Development Council’s Annual Conference on June 12 in Seattle features...

Managing Your Business

Managing Your Business

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Financing Your Business

Financing Your Business

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May 16, 2018

At MBDA, we are committed to fully leveraging minority-owned businesses to fuel America’s economic growth. We help minority businesses grow through public and private partnerships, policy, and research. Join us! Become one of our partners by applying for one of our latest grants. Transcript

Additional videos

Grant Competitions

Grant Competitions

May 10, 2018
Provide your feedback

The Federal government invests approximately $150 billion annually in research and development (R&D). For the results of this investment to produce economic gain and maintain a strong national security innovation base, the results must be transferred to private companies to create new products and services. In order to advance the President's Management Agenda to modernize government for the 21st century, including the associated Lab-to-Market cross-agency priority (CAP) Goal in coordination with the White House Office of Science and Technology Policy (OSTP), the National Institute of...

May 8, 2018
Get Your Export Questions Answered! Free Webinar Series in May

Is the world passing you by as competitors expand abroad? Convinced foreign buyers would love your product – if only they knew? Concerned about the cost, complexity or risk of doing international business? 

This May, during World Trade Month, federal agencies are bringing you a FREE four-part webinar series on how to compete and win in the global marketplace. You'll get valuable insights from trade professionals.

No pre-registration is required. Just go...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Basics

Export Basics

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Export Expansion

Export Expansion

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Export Finance

Export Finance

May 7, 2018
Innovative approach in steel processing industry in USA

What happens when people and robots collaborate? And what are the implications cobotics – collaborative robotics – might have on manufacturing?

Those questions and more artificial intelligence-related queries were discussed last month at the Diverse Manufacturing Supply Chain Alliance conference in Cambridge, Mass.

“The artificial intelligence component, that’s probably been in the works for about a decade. But it’s here,” said Joann Hill, Chief of the Office of Business Development for the Minority Business Development Agency. “It’s like the sleeping giant; the rumbling...

Manufacturing

Manufacturing

May 7, 2018
Left to Right: Dr. Michael Curry, Donald H. White, Janeya Griffin, Ailsa Gilliam, Angella Preston, Victoria L. Hosendorf, Julius V. Maina

Dr. Michael Curry is a man of many titles. Navy Veteran. Associate Professor of Chemistry at Tuskegee University. Senior Scientific Investigator for the NSF Funded Center for Sustainable Nanotechnology.

Last month in Philadelphia, Dr. Curry – along with his research assistant Donald H. White – added a new designation to his list: Invited Guest of the Minority Business Development Agency. Dr. Curry, alongside fellow entrepreneurs Ailsa Gilliam and Angella Preston, among others, joined MBDA officials at the Federal Laboratory Consortium for Technology Transfer (FLC) national meeting...

April 26, 2018
Dr. Babek Kateb (SBMT Board Chair), Rear Admiral Riggs, Nobel Laureate Eric Kandel, Dr. Walter Copan, Ken Cooley (California Assemblyman), and Ken Green (SBMT Sr. VP)

In the worlds of technology and investing, the term “Valley of Death” is just as discouraging as it sounds.

The commonly used moniker refers to what all-too-commonly happens to startups: they die before enough money flows in to make their business sustainable.   

At the 15th World Congress for Brain Mapping & Therapeutics earlier this month, the Minority Business Development Agency addressed the...

April 18, 2018
Ron Uba and Julius Maina of MBDA

What happens when two Minority Business Development Agency officials board a bus bound south along with representatives from other government agencies ranging from NASA to Homeland Security? If all goes according to plan, the result of the Small Business Innovation Research (SBIR) Road Tour will be a flurry of minority entrepreneurs engaging with government to spur American innovation and technology commercialization.

That’s the goal stated by Julius Valentine Maina, MBDA’s Policy & Inclusive Innovation Specialist, and Ron Uba, a...

April 13, 2018
Brain Power

Imagine a world where cures for Alzheimer’s, multiple sclerosis and opioid addiction were readily available. Anxiety, autism, depression, PTSD and a host of other neurological conditions would also be greatly mitigated through treatment in this fantasy land.

But what if that fantasy wasn’t far off from reality? The world’s leading neuroscientists believe that through brain mapping and nanotechnology, therapies that vastly improve if not totally cure these devastating ailments are within reach.

Pushing toward a medical breakthrough at a faster pace, however, will require more...

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