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U.S. Minority Business Development Agency & Port of Seattle Announce New Collaboration to Expand Minority Business

Press Releases
SEATTLE (May 21, 2024) – On Thursday, May 16th, Acting Under Secretary of Commerce for Minority Business Development Eric Morrissette traveled to Seattle to sign a Memorandum of Understanding (MOU) between the Minority Business Development Agency (MBDA) and the Port of Seattle. The MOU between MBDA and the Port of Seattle requires collaboration in building public awareness and educational outreach...

The Minority Business Development Agency to Host 2024 National AANHPI Business Summit at U.S. Department of Commerce

Press Releases
WASHINGTON, D.C. (May 13, 2024) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is celebrating Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month by hosting the National AANHPI Business Summit. The summit will take place on Wednesday, May 15, 2024, from 12:00 P.M. to 6:00 P.M. ET in Washington D.C. in collaboration with the National Asian...

MBDA Hosts its First Capital Readiness Program (CRP) Implementation Meeting with CRP Awardees

Press Releases
WASHINGTON, D.C. (May 8, 2024) – MBDA hosted 43 Capital Readiness Program (CRP) awardees from across the nation for its first implementation meeting at the U.S. Department of Commerce. The two-day program convened awardee administrators and directors for an opportunity to meet Department of Commerce and MBDA staff, network within their cohort, and receive valuable program information. The CRP is a...

MBDA Acting Under Secretary Morrisette Joins the Department of Defense in Chicago for Small Business Training Week 2024

Press Releases
CHICAGO (May 3, 2024) – Eric Morrisette, Acting Under Secretary of Commerce for Minority Business Development, traveled to Chicago for the Department of Defense (DoD) Small Business Training Week 2024 (SBTW24), where he met with Mr. Farooq Mitha, Director of the DoD Office of Small Business Programs for a fireside chat at the Hilton Chicago. During the chat, the two leaders discussed MBDA’s unique...

MBDA Acting Under Secretary Morrissette Attends  National Association of Hispanic Publications (NAHP) Panel at the White House 

Press Releases
WASHINGTON, D.C. (May 1, 2024) – Eric Morrisette, Acting Under Secretary of Commerce for Minority Business Development Agency (MBDA), joined the National Association of Hispanic Publications (NAHP) Legislative Summit 2024 at the White House, where he participated in a panel discussion with Cabinet Members and other leaders to highlight the Administration’s accomplishments for the Latino community...

Acting Under Secretary Morrissette Travels to Atlanta to Kick Off  Economic Opportunity Tour with Vice President Harris and Senior Administration Officials 

Press Releases
ATLANTA (April 29, 2024) – Eric Morrissette, Acting Under Secretary of Commerce for Minority Business Development traveled to Atlanta to kick off the first stop of Vice President Kamala Harris’ nationwide Economic Opportunity Tour with a panel discussion at the Georgia International Convention Center.   The conversation was focused on programs and initiatives created to uplift economic...

The Minority Business Development Agency to Announce Historic Collaboration with Divine Nine Sororities and National Women’s Leadership Organizations

Press Releases
WASHINGTON, DC, March 8, 2024 – Yesterday, the U.S. Department of Commerce Minority Business Development Agency (MBDA) hosted the Divine Nine Sororities, The National Council of Negro Women, The Links Incorporated, The Black Women’s Agenda, and The National Coalition of 100 Black Women at the White House. During this event, MBDA memorialized Memorandums of Understanding (MOU) with each...


News and Announcements
... "55 years ago, President Richard Nixon established the Minority Business Development Agency (MBDA). Now authorized by a bipartisan coalition in Congress and codified by President Biden, the MBDA has been committed to providing the programs, services, and initiatives needed for businesses to achieve economic success and prosperity. This week, a federal court in Texas said that while minority...