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MBDA News
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Op-Ed: Celebrating the Rise of Minority-Owned Businesses
March 05, 2019
On Tuesday, the Department of Commerce’s Minority Business Development Agency (MBDA) celebrates its 50th anniversary. When President Nixon signed the executive order creating MBDA, the nation’s minority population was less than 40 million. Nixon recognized that, although minority-owned businesses... -
Minority Business Development Agency Celebrates 50 Years
February 22, 2019
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 50th Anniversary kick-off celebration at the Department of Commerce’s Herbert C. Hoover Bu... -
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 Enter...
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Minority Business Development Agency Awards Nearly $2 Million to Historically Black Colleges and Universities
December 03, 2018
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 obj... -
Minority Business Development Agency Aims to Increase Success of Minority-Owned Firms in Marine Aquaculture
December 03, 2018
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. Aquacu... -
Minority Business Development Agency Invests $1.9 Million in Future Forward Industries and Initiatives
November 30, 2018
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 demographic... -
Minority Business Development Agency Awards $1.8 Million To Tackle Opportunity Gaps
November 30, 2018
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 s... -
Minority Business Development Agency Awards Nearly $1 Million For Global Minority Women’s Economic Empowerment
November 30, 2018
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... -
MBDA Celebrates September 19th, 2020 as “Buy MBE Day”
September 15, 2020
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 Develop... -
2018 Broad Agency Announcement Grant Awards Listing
November 30, 2018
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 c... -
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 A...
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2020 Year In Review
December 14, 2020
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