At a historic Lunar New Year event at the White House, Vice President Mike Pence administers the oath of office to the commissioners of President Donald J. Trump’s Advisory Commission on Asian Americans and Pacific Islanders with Cabinet Members Secretary of Transportation Elaine L. Chao, Secretary of Commerce Wilbur Ross, and Secretary of Labor Eugene Scalia serving as official witnesses...

This initiative is a nationwide training and development series for minority business owners, entrepreneurs, and startups to grow their business with e-commerce. WASHINGTON, MARCH 17, 2020 – Today, the U.S. Department of Commerce and Minority Business Development Agency (MBDA) announced an exciting new collaboration with Amazon Business , The Minority Business and Technology Initiative . The...

NASA is excited about the role 3D printing will have in its mission work. For years, NASA researchers have been developing additive manufacturing technologies that can help astronauts quickly build custom parts and tools in space. It is also believed that 3D printing could one day be utilized to build habitats on other planets. Many of the 3D printing technologies NASA has developed are available...

WASHINGTON, October 4, 2019 – The Minority Business Development Agency (MBDA) of the U.S. Department of Commerce and the National Association of Investment Companies (NAIC), the largest network of diverse-owned private equity firms and hedge funds, announced today that MBDA has awarded NAIC a $1.4 million grant to support a project that will facilitate the aggregation and deployment of...

Washington, D.C. (September 26, 2019) – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced grant awards totaling $3.6 million to support business development in Indian Country. The investment represents an historic level of 17% of all the MBDA grants awarded this year. “Under the guidance of President Donald J. Trump, economies are booming across the...

Washington, D.C. (September 12, 2019) – The U.S. Department of Commerce, Minority Business Development Agency (MBDA), in collaboration with the Milken Institute, convened prominent scholars, economists and business leaders to combine research efforts in support of the growth and expansion of minority business enterprises (MBEs). Fifty years after the inception of the MBDA, it is estimated there...

WASHINGTON, DC (September 4, 2019) — Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announces recipients of the 2019 Minority Enterprise Awards. The Minority Enterprise Award is the highest level of national recognition that a U.S. minority-owned firm can receive from the Department of Commerce. These prestigious awards celebrate the outstanding...

WASHINGTON, June 20, 2019 /PRNewswire/ -- This week, National Director of the Minority Business Development Agency, Henry Childs and Tom Gilman, Chief Financial Officer and Assistant Secretary of Administration for the U.S. Department of Commerce brought together local businesses and government leaders in Detroit, Michigan for the Detroit Opportunity Zone Summit. Opportunity Zones were created...

Emmitt Smith, NFL Hall of Famer and Successful Entrepreneur, to Keynote Anniversary Event Washington, D.C. - Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) announced its 50 th Anniversary kick-off celebration at the Department of Commerce’s Herbert C. Hoover Building on March 5, 2019. At the celebration, National Football League (NFL) Hall of Fame running back...

WASHINGTON, FEBRUARY 3, 2021 – Today, the U.S. Department of Commerce Minority Business Development Agency (MBDA), B&C International (B&C), and The National Business League announce an initiative to strengthen commercial engagement between the Federal Government, U.S. Minority Business Enterprises (MBEs), and African Small, Medium, and Micro Enterprises (SMMEs). To operationalize this effort...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA), is announcing grant awards of nearly $2 million to four Historically Black Colleges and Universities (HBCUs). In June 2018, MBDA invited HBCUs to propose projects that will achieve one or more of the following objectives: increase their ability to compete for and receive Federal research and development funds...

The U.S. Department of Commerce’s Minority Business Development Agency is announcing $400,000 in grant funding to the Florida State Minority Supplier Development Council (FSMSDC) to ensure that minority business enterprises (MBEs) have a significant presence in this critical domestic market. Aquaculture is fastest growing form of food production in the world. U.S. aquaculture production is worth...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is announcing grant recipients selected to advance the global competitiveness of minority business enterprises (MBEs) through programs in emerging technologies and other high-tech industries. “Changing demographics are creating tremendous opportunities for minority business enterprises. As key drivers of the...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is announcing the five organizations that received grant funds to support three MBDA initiatives – Access to Capital, Research, and Sustainable Business Models. The call for proposals under each initiative sought solutions for constraints, disparities, and opportunity gaps that impact a minority business...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is awarding nearly $1 million to promote minority women entrepreneurs who are engines of economic growth in their communities. “Minority women are the fastest growing population of entrepreneurs. While many women are making tremendous strides in the business world, they still face obstacles as entrepreneurs,” said...