WHO WE ARE
MBDA is an agency of the U.S. Department of Commerce that promotes the growth of minority-owned business through the mobilization and advancement of public and private sector programs, policy, and research.
WHAT WE DO
We work throughout the Nation to link minority-owned businesses with the capital, contracts, and markets they need to grow. We advocate and promote minority-owned business with elected officials, policy makers, and business leaders. Serving as subject matter experts and advocates for the minority business community, we conduct high quality research and cultivate domestic and international relationships.
Through a national network of MBDA Business Centers and a wide range of domestic and international strategic partners, we provide Agency clients with technical assistance and access to capital, contract, and new markets opportunities to create new jobs.
Grow your business. Build the Nation.
MBDA provides increased visibility and access for minority-owned firms by partnering with multi-national corporations, and government agencies in the U.S. and abroad.
Through our network of MBDA Business Centers we provide customized business development solutions designed to Grow your business. Build the Nation.
WHO WE SERVE
Our clients are businesses owned by African Americans, Asian Americans, Hasidic Jews, Hispanic Americans, Native Americans, and Pacific Islanders.
These companies are fast-growing, innovative, and represented in every industry sector in the United States.
Minority-owned firms contribute over $1.4 trillion in annual economic output to the U.S. economy and directly account for 7.2 million U.S. jobs.
The value of minority-owned businesses as a key component in international trade has never been greater. They have favorable export attributes and represent the future of export growth.
Minority-owned businesses have a competitive advantage in exporting. According to the U.S. Census Bureau and other statistical data, they are twice as likely to export as non-minority companies, three times as likely to have international operations, six times as likely to transact business in a language other than English, and are export leaders in 14 key industry sectors.
WHY WE DO IT - OUR SINGULAR FOCUS
We're passionate about our work to strengthen our global competitiveness and improve the standard of living for all Americans. We strive to ensure that minority-owned firms are fully participating in the free enterprise system to fuel our Nation with new and innovative solutions.
We are committed to supporting the President's goal of making this the most transparent administration in history. We release an annual performance report detailing Agency performance, yearly budget request and long term strategic plans.
About the U.S. Department of Commerce
The U.S. Department of Commerce promotes job creation, economic growth, sustainable development and improved standards of living for all Americans by working in partnership with businesses, universities, communities and our nation’s workers. The department touches the daily lives of the American people in many ways, with a wide range of responsibilities in the areas of trade, economic development, technology, entrepreneurship and business development, environmental stewardship, and statistical research and analysis.
- The U.S. Department of Commerce Organizational Structure, Mission & Statutory Authority
- The U.S. Department of Commerce Strategic Plan and Annual Performance Plans
- Commerce and the Small Business Paperwork Reduction Act
- No Fear Act