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  2. Press Releases

Content tagged with Press Releases

Announcing Wendy D. Anderson as the permanent Chief of Staff

Press Releases
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...

Jessica G. Cavazos Appointed as First-Ever Deputy Under Secretary of Commerce for Minority Business Development

Press Releases
WASHINGTON, D.C., April 24, 2023 – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the appointment of Jessica G. Cavazos as Deputy Under Secretary for Minority Business Development. Under Secretary Donald R. Cravins, Jr. released the following statement: “Ms. Cavazos’ appointment as the first-ever Deputy Under Secretary of Commerce for Minority...

The Minority Business Development Agency hosts 2023 National AANHPI Business Summit at U.S. Department of Commerce

Press Releases
WASHINGTON, D.C., May 8, 2023 — 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 on Wednesday, May 17, 2023, from 9:00am to 1:00pm ET in Washington D.C. During this business summit, MBDA and the National Asian/Pacific Islander...

Biden- Harris Administration Announces Competition Winners for The Minority Business Development Agency’s Capital Readiness Program

Press Releases
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...

Commerce Department’s Minority Business Development Agency Announces Nearly $100 Million to Expand Opportunities for Underserved Entrepreneurs

Press Releases
WASHINGTON DC – Today, the U.S. Department of Commerce launched the Capital Readiness Program grant competition, which dedicates $93.5 million to help minority and other underserved entrepreneurs grow and scale their businesses. This program, administered by the Minority Business Development Agency, marks the largest program of its kind in the history of the Commerce Department. The Capital...

U.S. Minority Business Development Agency Convenes Panel for Southern Florida’s Minority Business Communities

Press Releases
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...

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...

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 Announces Winners of the 2023 National Minority Enterprise Development Week Awards

Press Releases
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...

U.S. Minority Business Development Agency Requests Public Comment on Information Clearinghouse

Press Releases
WASHINGTON, DC (December 30, 2024) – The Minority Business Development Agency (MBDA) is seeking public comments on the future content of its newly launched Information Clearinghouse, hosted at www.mbda.gov/research . Created by MBDA’s Office of Data, Research, and Evaluation (ODRE), the site serves as the agency’s mandate to create an information clearinghouse that will collect and disseminate...

Minority Business Development Agency Releases Report on Closing Supply Chain Gaps with MBEs

Press Releases
WASHINGTON, DC (December 20, 2024) – Today, the Minority Business Development Agency (MBDA) released its Ways in Which Minority Business Enterprises (MBEs) Can Meet Gaps in the U.S. Supply Chain report. This report presents several avenues for MBEs to meet gaps in the U.S. supply chain and discusses opportunities to conduct, commission, and collaborate on new studies with other federal, state, and...

The U.S. Department of Commerce’s MBDA Announces National MED Week Virtual Conference

Press Releases
2020 National Minority Business Award Winners to be honored during Minority Enterprise Development (MED) Week WASHINGTON (September 13, 2020) — Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announced that it will host the 2020 National MED Week Conference virtually from September 14-18. Through a robust schedule of keynote remarks, plenary discussions...

EXIM Chairman Reed Addresses White House Initiative on Asian Americans and Pacific Islanders and Outlines Trade Finance Tools During the Future of Business Virtual Events Series

Press Releases
WASHINGTON, D.C. -- Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed delivered prerecorded remarks today to more than 350 registrants of a webinar sponsored in partnership with the White House Initiative on Asian Americans and Pacific Islanders (link is external) (WHIAAPI), highlighting how Asian Americans and Pacific Islanders (AAPI) can utilize EXIM support...