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MBDA News

• The Minority Business Development Agency Announces New Inner City Innovation Hub Grant Competition

  April 20, 2020

  WASHINGTON, APRIL 20, 2020 – Today, the U.S. Department of Commerce and Minority Business Development Agency (MBDA) announced the award of two competitive grants for the launch and operation of the Minority Business Enterprise Inner City Innovation HUBs. MBDA intends to award $2.8M over two years t...

• White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI) Successfully Holds Virtual Events to Commemorate AAPI Heritage Month 2020

  May 15, 2020

  WASHINGTON, D.C. – U.S. Secretary of Commerce Wilbur Ross and U.S. Secretary of Transportation Elaine L. Chao, Co-Chairs of the White House Initiative on Asian Americans and Pacific Islanders, were the keynote speakers at virtual events to commemorate Asian American and Pacific Islander (AAPI) Heri...

• President’s Advisory Commission on Asian Americans and Pacific Islanders (PAC-AAPI) Convenes Inaugural Open Meeting and Virtual Listening Session

  May 22, 2020

  WASHINGTON, D.C. – On May 20th, the President’s Advisory Commission on Asian Americans and Pacific Islanders convened its Inaugural Open Meeting with all fourteen (14) Commissioners in attendance. U.S. Secretary of Commerce Wilbur Ross and U.S. Secretary of Transportation Elaine L. Chao, Co-Chairs...

• Minority Business Development Agency Seeking Nominations for 2020 National MED Week Awards

  June 09, 2020

     WASHINGTON, June 9, 2020 – The U.S. Department of Commerce, Minority Business Development Agency (MBDA) is seeking nominations for the 2020 National Minority Enterprise Development (MED) Week Awards. These annual awards are designed to honor businesses, organizations, and individuals that have...

• President’s Advisory Commission on Asian Americans and Pacific Islanders (PAC-AAPI) Hosts June AAPI Business Town Hall

  June 15, 2020

  WASHINGTON, D.C. – On June 11th, the President’s Advisory Commission on Asian Americans and Pacific Islanders hosted their second virtual AAPI Business Town Hall.  Chair of the Commission, Dr. Paul Hsu of Florida, provided opening remarks, in which he highlighted the many accomplishments of Asian A...

• Department of Commerce Announces New National Director of Minority Business Development Agency

  June 18, 2020

  WASHINGTON, June 17, 2020 – Today, U.S. Secretary of Commerce Wilbur Ross announced that David J. Byrd will be the new National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Mr. Byrd will be the 18th National Director of the agency.  Established by an E...

• Minority Business Development Agency Awards $10M in Federal Funding under the CARES Act

  June 22, 2020

   Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the deployment of $10 million in CARES Act funding to the network of MBDA Business Centers and national minority chambers of commerce. The grants will be used for education, training, and advising small a...

• President’s Advisory Commission on Asian Americans and Pacific Islanders (PAC-AAPI) Convenes Second Open Meeting

  August 07, 2020

  WASHINGTON, D.C. – On August 5th, the President’s Advisory Commission on Asian Americans and Pacific Islanders (PAC-AAPI) convened its second Open Meeting in Washington, D.C. U.S. Secretary of Commerce Wilbur Ross, Co-Chair of the White House Initiative on Asian Americans and Pacific Islanders (WHIA...

• U.S. Secretary of Commerce Announces Henry Childs, II as National Director of the Minority Business Development Agency

  September 05, 2018

  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 17th National Director of the agency. Established by an Executive Order in 1969,...

• Minority Business Development Agency Awards $3.6 Million for Business Development in Indian Country

  September 26, 2019

  Washington, D.C. (September 26, 2019) – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced grant awards totaling $3.6 million to support business development in Indian Country. The investment represents an historic level of 17% of all the MBDA grants award...

• How 11 Million Minority-Owned Firms Can Close the Wealth Gap and Drive the U.S. Economy

  September 13, 2019

  Washington, D.C. (September 12, 2019) – The U.S. Department of Commerce, Minority Business Development Agency (MBDA), in collaboration with the Milken Institute, convened prominent scholars, economists and business leaders to combine research efforts in support of the growth and expansion of mino...

• A Qualified Opinion: Henry Childs II

  August 02, 2019

  Henry Childs II is the national director of the Minority Business Development Agency, an agency of the U.S. Department of Commerce that promotes the growth of minority-owned businesses through the mobilization and advancement of public and private sector programs, policy and research. Childs spoke...