U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Blue tint frame with one woman wearing a white blouse talking to a man with a beard

About MBDA

The Minority Business Development Agency’s (MBDA) mission is to promote the growth and global competitiveness of Minority Business Enterprises (MBE) in order to unlock the country’s full economic potential.

Impact

Well lit office space with 3 individuals in a blurred motion

MBDA promotes the growth of minority-owned businesses through the mobilization and advancement of public and private sector programs, policy, and research.

$1.5B
Capital

In FY23, MBDA facilitated access to $1.5 billion in capital, empowering minority-owned businesses.Impact description related to this data point. Impact description related to this data point. Impact description.

$3.8B
Contracts

FY23 saw MBDA's diligent efforts culminate in over $3.8 billion in contract awards to minority-owned businesses.

19K
Jobs

Throughout FY23, MBDA played a pivotal role in empowering minority-owned businesses to generate or safeguard over 19,000 jobs. Impact description related to this data point. Impact description related to this data point. Impact description.

Nighttime look at USA from space