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About MBDA

The Minority Business Development Agency’s (MBDA) mission is to promote the growth and global competitiveness of Minority Business Enterprises (MBE) in order to unlock the country’s full economic potential.

Impact

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MBDA promotes the growth of minority business enterprises through the mobilization and advancement of public and private sector programs, policy, and research.

$1.5B
Capital

In FY23, MBDA facilitated access to $1.5 billion in capital, empowering minority business enterprises.

$3.8B
Contracts

FY23 saw MBDA's diligent efforts culminate in over $3.8 billion in contract awards to minority business enterprises.

19K
Jobs

Throughout FY23, MBDA played a pivotal role in empowering minority business enterprises to generate or safeguard over 19,000 jobs.

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