MBDA Business and Specialty Centers across the nation partner to launch awareness campaign promoting minority business enterprises (MBE) during National Minority Enterprise Development Week [Washington, DC | September 18, 2020] – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the inaugural “Buy MBE Day” event in coordination with its national network...

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. The full list of MBDA’s 2018 BAA grant awards: Access to Capital Harbor Bank of Maryland...

WASHINGTON (December 18, 2020) — The Nation’s nearly 8.2 million minority nonemployer firms generated $279.3 billion in revenues in 2017 and grew in number at four times the rate of nonminority nonemployer firms between 2014 and 2017. The U.S. Department of Commerce’s Minority Business Development Agency (MBDA), in collaboration with the U.S. Census Bureau (Census), released these new statistical...

Today, the National Minority Supplier Development Council (NMSDC) and the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) announced they are joining forces to kick off National Minority Enterprise Development Week (MED Week), October 14–20, in conjunction with this year’s NMSDC Conference and Business Opportunity Exchange in Austin, TX. Since 1983, every president has...

Today, U.S. Secretary of Commerce Wilbur Ross announced that Henry Childs, II will be the new National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Mr. Childs will be the 17 th National Director of the agency. Established by an Executive Order in 1969, MBDA is the only Federal agency solely dedicated to the growth and global competitiveness of U.S...