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Aug022016

As part of the U.S. Department of Labor’s historic investments in the ApprenticeshipUSA initiative, the department’s Employment and Training Administration announced it is seeking to award three to five contracts to workforce intermediaries, including community-based organizations; labor organizations; or workforce, industry and education organizations to develop national or regional “opportunity...

Aug022016

MBDA National Director Alejandra Y. Castillo will receive the National Urban League’s “Women of Power Award” at the Women of Power & Business Leaders Awards Luncheon on Aug. 4 at the Baltimore Convention Center. The luncheon is part of the 2016 National Urban League Conference:  Save our Cities: Education, Jobs and Justice. The award is presented to influential women in the civil rights,...

Aug022016

MBDA Associate Director for the Office of Legislative, Education, and Intergovernmental Affairs Justin Tanner, will receive the 2016 National Urban League Young Professional Honors: Heroes in the Movement Award, at the Baltimore Convention Center Aug. 6. The award is designed to recognize the philanthropic and professional contributions of young professionals. The award’s ceremony is part of the...

Aug022016

The Minority Business Development Agency (MBDA) is honored to celebrate Minority Enterprise Development (MED) Week in partnership with the National Minority Supplier Development Council, Inc. at the 2016 NMSDC Conference and Business Opportunity Exchange. The 2016 National MED Week celebration, recognized at the NMSDC Conference, will feature several Powered by MBDA workshops and seminars that...

Jul262016

Partnership Positions MBDA Business Centers to Offer Streamlined Lending Process Provides Minority Business Enterprises with Enhanced Financing Options WASHINGTON DC and NEW YORK – July 21, 2016 – The U.S. Department of Commerce Minority Business Development Agency (“MBDA”) and Fundation Group LLC announced today a memorandum of understanding (MOU) designed to provide U.S. minority business...

Jun292016

Fact Sheet: Asian-American Women-owned Businesses There are 749,197 Asian American women-owned businesses in the United States. Learn more about this important subset of the entrepreneurship community. Fact Sheet: Black Women-owned Businesses There are 1,521,494 Black women-owned businesses in the United States. This reflects an increase of 66.9% from 2007. Learn more about this important segment...

Jun292016

The number of U.S. businesses grew 2 percent between 2007 and 2012 as the country weathered the financial crisis and entered the first three years of economic recovery. Yet, while overall business growth over this period was muted, growth in the number of minority-owned firms boomed. According to data from the Census Bureau's Survey of Business Owners, the number of minority-owned firms...

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