Agency launches a grant competition to generate greater access to capital for minority-owned businesses WASHINGTON (May 10, 2016) —The U.S. Department of Commerce Minority Business Development Agency (MBDA) has announced a competitive solicitation for candidates interested in operating a new MBDA Capital Project. MBDA will award one cooperative agreement totaling $2.5 million over a five-year...


    MBDA to receive increase in funding for programs and services WASHINGTON (February 26, 2016) — Today the U.S. Department of Commerce, Minority Business Development Agency (MBDA), outlined President Obama’s fiscal year 2017 budget proposal in support of the growing number of minority-owned businesses in the United States. The budget would enable MBDA to continue offering valuable programs and...


    WASHINGTON (November 30, 2015) — Today the U.S. Department of Commerce Minority Business Development Agency (MBDA) and Operation HOPE signed a memorandum of understanding designed to provide U.S. minority business enterprises (MBEs) with greater opportunities to access technical and financial resources. The official signing took place at the MBDA headquarters in Washington, DC.