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 honor the exceptional achievements of entrepreneurs, businesses and organizations dedicated to advancing business enterprises within underrepresented communities. For more than fifty years, the U.S...

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 (TX-09) and Congresswoman Lizzie Fletcher (TX-07), and talk with constituents about the local minority business enterprise (MBE) eco-system, the needs of the LGBTQ+ business community, and resources...

MIAMI (June 7, 2024) – On Wednesday, Acting Under Secretary of Commerce for Minority Business Development Eric Morrissette convened a panel in Miami, Florida for minority business enterprises, as an addition to the Minority Business Development Agency’s (MBDA) National Training Conference (NTC). Entitled Investing in Our Communities: Minority Business Development Agency Panel , the Acting Under...

WASHINGTON, D.C. (June 3, 2024) – On Friday, May 31, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) held the first-ever meeting of the Minority Business Enterprise Advisory Council (MBEAC). The MBEAC held its inaugural meeting to provide an orientation for new committee members and an overview of future work products to fulfill the Council’s charter and statutory...

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...

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...

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...

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...

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...

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...

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...

The U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the formation of the Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority owned businesses.

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) officially announced Wendy D. Anderson as its permanent Chief of Staff. Anderson previously served as Chief of Staff to Congresswoman Val Demings (FL-10) and Congresswoman Yvette Clarke (NY-9) where she counseled both members on critical legislation, oversaw all strategic policy implementation, managed staff, and...

WASHINGTON, DC – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announces recipients of the 2023 Minority Enterprise Development (MED) Week Awards. The National MED Week Awards are the highest level of national recognition that a U.S. minority business enterprise can receive from the Department of Commerce. These prestigious awards celebrate the...

View Fact Sheet WASHINGTON, D.C., – Today, Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses. Once final awards are made, the awardees will launch and operate business incubators or accelerators designed to...