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MBDA News

• National Director Henry Childs and Assistant Secretary Tom Gilman Attend Detroit Opportunity Zone Summit

  June 20, 2019

  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 lea...

• 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...

• Minority Business Development Agency, B&C International, and National Business League to grow U.S. MBEs through partnerships with African Small, Medium, and Micro Enterprises

  February 04, 2021

  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...

• 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...

• MBDA Awards NAIC Million Dollar Grant to Raise $1 Billion for Investment in Minority Entrepreneurs

  October 04, 2019

  WASHINGTON, October 4, 2019 – The Minority Business Development Agency (MBDA) of the U.S. Department of Commerce and the National Association of Investment Companies (NAIC), the largest network of diverse-owned private equity firms and hedge funds, announced today that MBDA has awarded NAIC a $1.4...

• 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...

• The Number of Minority Nonemployer Firms Grew by Nearly 17% between 2014 and 2017

  December 18, 2020

  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...

• 2020 Year In Review

  December 14, 2020

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