Empowering Minority Business Enterprises
Explore MBDA's commitment to fostering growth for America's minority business enterprises, fueled by our mission to create an economy of equal opportunity.
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Call for Nominations is Open!
Recognize excellence in the Minority Business Enterprise (MBE) community by submitting your nomination for the 2024 National MED Week Awards! The National MED Week Awards celebrate excellence across various industries, highlighting trailblazing MBEs.
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Recognize MBE Excellence
Whether it’s a firm excelling in export markets, a company pioneering in health services, or something else remarkable, MBDA wants to honor those who drive innovation and economic growth.
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Nominate an MBE Advocate
These awards not only honor success but also inspire innovation and resilience in our communities. Taking a few moments to nominate is an investment in your community and colleagues. MBEs fuel the growth of our society, culture, and economy.
Transform Your Business: Access Capital, Contracts, and Markets with MBDA's National Network
Discover how MBDA's national network of Business Centers, Specialty Centers, and programs deliver customized business development and industry-focused services to help MBEs access capital, contracts, and markets.
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Business Centers
MBDA's one-stop-shops for MBE success. Whether you're seeking capital, competing for contracts, building relationships, or entering global markets, we're here to support your journey.
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Specialty Centers
Explore our industry-focused services that help MBEs accelerate growth in advanced manufacturing, exporting, and federal contracting.
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Programs & Initiatives
Unlock the power of MBDA's network of programs, each offering unique resources and opportunities to support your business.
Leverage Financial Resources to Achieve Growth
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Financial Consultations
Connect with our MBDA network to explore traditional and alternative funding solutions.
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Grants
Learn how to access Federal grants and about MBDA grant opportunities that provide technical assistance to foster innovation and growth in business communities.
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Loans
Understand your options and how to best secure the funding to take your business to the next level.
Research Hub
MBDA's Research and Data Hub hosts:
Research Reports
Fact Sheets
Publications
MBDA's repository caters to MBEs, entrepreneurs, service providers, policymakers, and stakeholders.
In FY22, MBDA facilitated access to $1.5 billion in capital, empowering minority-owned businesses.
FY22 saw MBDA's diligent efforts culminate in over $3.8 billion in contract awards to minority-owned businesses.
Throughout FY22, MBDA played a pivotal role in empowering minority-owned businesses to generate or safeguard over 19,000 jobs.
Latest News
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June 28, 2024
ACTING UNDER SECRETARY OF MINORITY BUSINESS DEVELOPMENT ERIC MORRISSETTE’S STATEMENT IN RESPONSE TO NUZIARD V MBDA COURT RULING APPEAL
"This past March, a federal court in Texas decided that even though minority business enterprises “have far less access to capital and credit…due to racial discrimination in lending markets,” Congr... -
June 27, 2024
The U.S. Minority Business Development Agency Celebrates Businesses, Organizations, and Advocates with 41st Annual National MED Week Awards
WASHINGTON, D.C. (June 25, 2024) – The Minority Business Development Agency (MBDA) invites nominations for the 41st Annual National Minority Enterprise Development (MED) Week Awards. These awards hono... -
June 17, 2024
U.S. Minority Business Development Agency’s Eric Morrissette Travels to Texas to talk MBE Ecosystems and LGBTQI+ Business with Texas Congressional Members
PEARLAND, TX (June 17, 2024) – On Monday, June 17, Acting Under Secretary of Commerce for Minority Business Development, Eric Morrissette, traveled to Pearland, Texas to meet with Congressman Al Green...