Philadelphia MBDA Business Center
About This Center
The MBDA Business Center of Pennsylvania, a contract from the U.S. Department of Commerce operated by The Enterprise Center (TEC), is the region’s leader in minority business development. The Pennsylvania MBDA Business Center has generated over $290 million contracts and financing, as well as created hundreds of jobs since 2004, when TEC was initially awarded the federal contract from the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). These contracts represent significant business activity for minority-owned firms in the Greater Philadelphia region.
A unique approach to assessment, service delivery, and continuous improvement has allowed the Pennsylvania MBDA Business Center to secure key allies such as Disney Studios, Sovereign Bank, and CB Richard Ellis. Working with its banking partners, the Pennsylvania MBDA Business Center has facilitated over $30 million in financial transactions for its clients. The center has been integral in positioning firms for contracts by helping entrepreneurs develop business plans, secure financing and craft marketing strategies.
Project Director: Victoria Hosendorf
Core Business Services
Global Business Development
Services include identification of export markets, facilitation of global transactions, international trade missions and market analysis, and overseas market promotion assistance.
Access to Capital
Services include identification of domestic and global financing opportunities, equity financing, brokerage of financial transactions, identification and closure of merger and acquisition transactions.
Access to Contracts
Services include identification of procurement opportunities, solicitation analysis, bid and proposal preparation, negotiation and closing, research contract award histories.
Access to Markets
Services include government procurement assistance, private sector contract identification and specialized certification assistance including 8(a), and assistance with market research.
Strategic Business Consulting
Services include sales consulting and forecasting, market feasibility studies, operations management and quality control, bid preparation and bonding (construction), and manufacturing facility leasing.