WASHINGTON, June 20, 2019 /PRNewswire/ -- This week, National Director of the Minority Business Development Agency, Henry Childs and Tom Gilman, Chief Financial Officer and Assistant Secretary of Administration for the U.S. Department of Commerce brought together local businesses and government leaders in Detroit, Michigan for the Detroit Opportunity Zone Summit. Opportunity Zones were created...

Emmitt Smith, NFL Hall of Famer and Successful Entrepreneur, to Keynote Anniversary Event Washington, D.C. - Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) announced its 50 th Anniversary kick-off celebration at the Department of Commerce’s Herbert C. Hoover Building on March 5, 2019. At the celebration, National Football League (NFL) Hall of Fame running back...

WASHINGTON, FEBRUARY 3, 2021 – Today, the U.S. Department of Commerce Minority Business Development Agency (MBDA), B&C International (B&C), and The National Business League announce an initiative to strengthen commercial engagement between the Federal Government, U.S. Minority Business Enterprises (MBEs), and African Small, Medium, and Micro Enterprises (SMMEs). To operationalize this effort...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA), is announcing grant awards of nearly $2 million to four Historically Black Colleges and Universities (HBCUs). In June 2018, MBDA invited HBCUs to propose projects that will achieve one or more of the following objectives: increase their ability to compete for and receive Federal research and development funds...

The U.S. Department of Commerce’s Minority Business Development Agency is announcing $400,000 in grant funding to the Florida State Minority Supplier Development Council (FSMSDC) to ensure that minority business enterprises (MBEs) have a significant presence in this critical domestic market. Aquaculture is fastest growing form of food production in the world. U.S. aquaculture production is worth...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is announcing grant recipients selected to advance the global competitiveness of minority business enterprises (MBEs) through programs in emerging technologies and other high-tech industries. “Changing demographics are creating tremendous opportunities for minority business enterprises. As key drivers of the...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is announcing the five organizations that received grant funds to support three MBDA initiatives – Access to Capital, Research, and Sustainable Business Models. The call for proposals under each initiative sought solutions for constraints, disparities, and opportunity gaps that impact a minority business...

Today, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is awarding nearly $1 million to promote minority women entrepreneurs who are engines of economic growth in their communities. “Minority women are the fastest growing population of entrepreneurs. While many women are making tremendous strides in the business world, they still face obstacles as entrepreneurs,” said...

MBDA Business and Specialty Centers across the nation partner to launch awareness campaign promoting minority business enterprises (MBE) during National Minority Enterprise Development Week [Washington, DC | September 18, 2020] – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the inaugural “Buy MBE Day” event in coordination with its national network...

These programs are part of the 2018 MBDA Broad Agency Announcement, a new initiative this year. More than $13 million was awarded for 35 projects focused on Department of Commerce and MBDA priorities from resources that increase disaster preparedness and relief to programs that increase access to capital. The full list of MBDA’s 2018 BAA grant awards: Access to Capital Harbor Bank of Maryland...

WASHINGTON (December 18, 2020) — The Nation’s nearly 8.2 million minority nonemployer firms generated $279.3 billion in revenues in 2017 and grew in number at four times the rate of nonminority nonemployer firms between 2014 and 2017. The U.S. Department of Commerce’s Minority Business Development Agency (MBDA), in collaboration with the U.S. Census Bureau (Census), released these new statistical...

Today, the National Minority Supplier Development Council (NMSDC) and the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) announced they are joining forces to kick off National Minority Enterprise Development Week (MED Week), October 14–20, in conjunction with this year’s NMSDC Conference and Business Opportunity Exchange in Austin, TX. Since 1983, every president has...

Today, U.S. Secretary of Commerce Wilbur Ross announced that Henry Childs, II will be the new National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Mr. Childs will be the 17 th National Director of the agency. Established by an Executive Order in 1969, MBDA is the only Federal agency solely dedicated to the growth and global competitiveness of U.S...