The Minority Business Development Agency (MBDA) will provide Federal assistance to support innovative projects seeking to promote and ensure the inclusion and use of minority enterprises. This Announcement is a mechanism to encourage new activities, education, outreach, innovative projects or sponsorships that are not addressed through other MBDA programs.
Funding Opportunity Number: MBDA-OBD-2018-2005687
Two pre-application teleconferences to educate potential applicants about the federal funding opportunity announcement were held on Monday, June 18 and Thursday, June 21.
Applications should be submitted for a one (1) year award period. MBDA expects a total of approximately $11,650,000 to fund the financial assistance awards under this Announcement utilizing FY2018 appropriated funds.
For-profit entities (including but not limited to sole proprietorships, partnerships, limited liability companies, and corporations), non-profit organizations, institutions of higher education, commercial organizations, state and local government entities, quasi-government entities, Indian Tribal governments, Tribal entities, and Native Hawaiian entities.
Submission period is closed.
MBDA has established key priorities designed to overcome the unique challenges faced by minority business enterprises (MBEs). MBDA is now initiating new approaches to serve MBEs that compliment Presidential priorities and U.S. Department of Commerce goals. These program priorities are separated according to the following 14 initiatives:
- Access to Capital
- American Indian, Alaska Native, and Native Hawaiian Project
- Disaster Readiness
- Disaster Recovery
- Entrepreneurship Education Program for Formerly Incarcerated Persons
- Global Minority Women Economic Empowerment Initiative
- Historically Black Colleges and Universities (HBCU) Initiative
- Inclusive Infrastructure Initiative
- Space Commerce
- Sustainable Business Model
- Technology Transfer and Commercialization
- Virtual Business Center
Applicants with questions may email email@example.com.