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The Number of Minority Nonemployer Firms Grew by Nearly 17% between 2014 and 2017

Press Releases
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...

Minority Business Development Agency Kicks Off National MED Week at National Minority Supplier Development Council’s Annual Conference and Business Opportunity Exchange in Austin

Press Releases
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...

U.S. Secretary of Commerce Announces Henry Childs, II as National Director of the Minority Business Development Agency

Press Releases
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...