WASHINGTON, JUNE 4, 2021 – The U.S Department of Commerce and the Minority Business Development Agency (MBDA) are pleased to announce the opening of a major grant competition in connection with its Minority Business Enterprise Equity Multiplier Project. “Systemic barriers to business capital and equity investments constitute the most significant hurdle to entrepreneurial equality,” said Edith Mc...

Minority Business Development Agency to present MED Week Honors in September. WASHINGTON, MAY 25, 2021 – The U.S. Department of Commerce, Minority Business Development Agency (MBDA) is currently accepting nominations for their 2021 National Minority Enterprise Development (MED) Week Awards. These prestigious honors are presented during MBDA’s National Minority Enterprise Development Week—September...

2020 National Minority Business Award Winners to be honored during Minority Enterprise Development (MED) Week WASHINGTON (September 13, 2020) — Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announced that it will host the 2020 National MED Week Conference virtually from September 14-18. Through a robust schedule of keynote remarks, plenary discussions...

WASHINGTON, D.C. -- Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed delivered prerecorded remarks today to more than 350 registrants of a webinar sponsored in partnership with the White House Initiative on Asian Americans and Pacific Islanders (link is external) (WHIAAPI), highlighting how Asian Americans and Pacific Islanders (AAPI) can utilize EXIM support...

WASHINGTON, D.C. – On August 5th, the President’s Advisory Commission on Asian Americans and Pacific Islanders (PAC-AAPI) convened its second Open Meeting in Washington, D.C. U.S. Secretary of Commerce Wilbur Ross, Co-Chair of the White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI), presided over the meeting and provided welcome remarks. The Commissioners also met with U.S...

Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the deployment of $10 million in CARES Act funding to the network of MBDA Business Centers and national minority chambers of commerce. The grants will be used for education, training, and advising small and minority business enterprises in their recovery from the effects of the COVID-19 crisis. “The Trump...

WASHINGTON, June 17, 2020 – Today, U.S. Secretary of Commerce Wilbur Ross announced that David J. Byrd will be the new National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Mr. Byrd will be the 18th 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...

WASHINGTON, D.C. – On June 11 th , the President’s Advisory Commission on Asian Americans and Pacific Islanders hosted their second virtual AAPI Business Town Hall. Chair of the Commission, Dr. Paul Hsu of Florida, provided opening remarks, in which he highlighted the many accomplishments of Asian American and Pacific Islanders. He also emphasized the five areas that both the Commission and the...

WASHINGTON, June 9, 2020 – The U.S. Department of Commerce, Minority Business Development Agency (MBDA) is seeking nominations for the 2020 National Minority Enterprise Development (MED) Week Awards. These annual awards are designed to honor businesses, organizations, and individuals that have demonstrated leadership and commitment in advancing the minority business community and our Nation’s...

WASHINGTON, D.C. – On May 20 th , the President’s Advisory Commission on Asian Americans and Pacific Islanders convened its Inaugural Open Meeting with all fourteen (14) Commissioners in attendance. U.S. Secretary of Commerce Wilbur Ross and U.S. Secretary of Transportation Elaine L. Chao, Co-Chairs of the White House Initiative on Asian Americans and Pacific Islanders, provided welcoming remarks...

WASHINGTON, D.C. – U.S. Secretary of Commerce Wilbur Ross and U.S. Secretary of Transportation Elaine L. Chao, Co-Chairs of the White House Initiative on Asian Americans and Pacific Islanders, were the keynote speakers at virtual events to commemorate Asian American and Pacific Islander (AAPI) Heritage Month 2020 hosted by the White House Initiative on Asian Americans and Pacific Islanders...

WASHINGTON, APRIL 20, 2020 – Today, the U.S. Department of Commerce and Minority Business Development Agency (MBDA) announced the award of two competitive grants for the launch and operation of the Minority Business Enterprise Inner City Innovation HUBs . MBDA intends to award $2.8M over two years to support and fuel economic innovation of minority-owned start-up businesses and entrepreneurs in...

U.S. Secretary of Transportation Elaine L. Chao speaking to Houston-area Asian American leaders at an event hosted by the White House Initiative on Asian Americans and Pacific Islanders. HOUSTON – U.S. Secretary of Transportation Elaine L. Chao, Co-Chair of the White House Initiative on Asian Americans and Pacific Islanders, met with local Asian American leaders at an event hosted by the White...

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...