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Minority Business Development Agency Awards $5.1 million in Grants

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The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $5.1 million in grants to 11 organizations under three Agency initiatives—the Entrepreneurship Education for Formerly Incarcerated Persons, the MBDA Enterprising Women of Color Business Center, and the Inner-City Innovation Hub programs. “U.S. Department of Commerce is pleased to support these three important...

Robert J. Brown Worked With Both MLK and Nixon. Here’s What He Says Went on Behind the Scenes of the Civil Rights Movement

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The civil rights power broker talks about his new memoir and working with Martin Luther King Jr. and Richard Nixon. In your new book, You Can’t Go Wrong Doing Right, you describe being a liaison between business and the civil rights movement in the ’60s. How did you persuade executives to come to the table? No businesses can be successful in the kind of environment where people are burning down...

The 2% Solution: Inside Billionaire Robert Smith's Bold Plan To Funnel Billions To America's Black-Owned Businesses

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Robert F. Smith , the private equity billionaire who is the nation’s richest Black person, said on Thursday that large corporations should use 2% of their annual net income for the next decade to empower minority communities. Smith made the comments after circulating a plan among CEOs that first calls on big banks to capitalize the financial institutions that service Black-owned businesses and...

Let’s keep it going . . . and growing! Enterprising Women of Color Virtual Series

News and Announcements
The Formula for a Winning Comeback Reflections from Weeks 1 and 2 MBDA recently launched the Enterprising Women of Color Forum: The Virtual Series - a 4-week webinar series designed to promote resources and opportunities for women of color entrepreneurs. The virtual series is off to a great start with a community of women entrepreneurs tuned in each week to share ideas, new perspectives, and their...

In Remembrance of the Legacy of Ms. Andrea Harris

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A steadfast champion for Minority Business Enterprises and former Operator of the North Carolina MBDA Business Center Family, Friends, Colleagues and Partners, The North Carolina Institute of Minority Economic Development stands in mourning at the passing of our founder and leader, Ms. Andrea Lynette Harris, on the morning of May 20, 2020. Ms. Harris was an extraordinarily gifted, visionary leader...

Greeting on Asian American and Pacific Islander Heritage Month, 2020

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A Message from the Executive Director of the White House Initiative on AAPIs On behalf of the Co-Chairs of the White House Initiative on Asian American and Pacific Islanders, Secretary Elaine L. Chao and Secretary Wilbur L. Ross, as well as the President’s Advisory Commission on Asian Americans and Pacific Islanders, the Initiative is proud to join President Donald J. Trump in commemorating Asian...

Proclamation on Asian American and Pacific Islander Heritage Month, 2020

News and Announcements
Throughout our Nation’s history, Americans of Asian and Pacific Islander descent have made significant contributions to every aspect of our society, from business and politics to literature and the arts. Their accomplishments have enriched our Nation and stand as a testament to the power of the American Dream. During Asian American and Pacific Islander Heritage Month, we celebrate the indelible...

Exciting innovations in tech are changing our world for the better

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Elon Musk, Steve Jobs, Bill Gates, Mark Zuckerberg – there are so many male leaders in tech. But what about Ada Lovelace, Grace Hopper, Susan Wojcicki, Sheryl Sandberg and the decades of further women technologists? Women are making an impact in technology, but the statistics are still shocking. According to the Women and Technology Study conducted for PwC in 2017, only 3% of women say a career in...

Proclamation on Women’s History Month, 2020

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Women have influenced and advanced every facet of American life and culture. The strength, ingenuity, and spirit of our female leaders, innovators, and pioneers shape our Nation’s character, government, industry, families, and communities. During Women’s History Month, we honor the women who have changed our Nation and the world, and we reaffirm our commitment to supporting the next generation of...

Proclamation on National African American History Month, 2020

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Through bravery, perseverance, faith, and resolve — often in the face of incredible prejudice and hardship — African Americans have enhanced and advanced every aspect of American life. Their fight for equality, representation, and respect motivates us to continue working for a more promising, peaceful, and hopeful future for every American. During National African American History Month, we honor...

Working on an Invention that will Serve the Public Good? Need Funding?

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In case you haven’t heard, the Federal Government funds innovation projects like yours. Small Business Innovation Research grants offer up to $225K for Phase I (developing your idea); and $1.2 million for Phase II (production). Many government agencies offer SBIR funding (Defense, NIH, Energy, NASA, etc.) but in most cases, they have specific needs and award their funding for innovators to solve...

Mind the Gap: Bridging the ‘Valley of Death’ for U.S. Biomanufacturing

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Source : National Institute of Standards of Technology Biopharmaceutical manufacturing uses living cells to produce therapies that treat diseases like cancer, diabetes and autoimmune disorders. Manufacturing medicine using biology presents different challenges from the traditional chemical manufacturing processes that stamp out identical pressed pills. Biomanufacturing processes are hard to...

Department of Energy: Free Application Assistance!

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Do you need help with market research associated with commercializing your innovation? Are you unfamiliar with the registrations you must complete BEFORE you submit your application? If you are a first-time DOE SBIR/STTR applicant and have not received prior DOE support, then you are eligible for free support that helps you prepare a competitive application. Please visit http://www.dawnbreaker.com...