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MBDA News
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Minority Business Development Agency Seeking Nominations for 2022 National Minority Enterprise Development Week Awards
June 08, 2022
WASHINGTON, June 8, 2022 – The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is seeking nominations for the 2022 National Minority Enterprise Development (MED) Week Awards. These prestigious honors will be presented during MBDA’s National Minority Enterprise Development W... -
MBDA Announces Grant Competition to Fund Innovative Access Capital Project for Minority-Owned Businesses
May 05, 2022
WASHINGTON (May 5, 2022) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) made a Broad Agency Announcement (BAA) to fund an innovative project addressing historical barriers to access capital faced by minority business enterprises (MBEs). MBDA plans to award one grant... -
MBDA accepting applications from qualified organizations to develop entrepreneurial programs for students and grow the number of MBEs WASHINGTON (April 28, 2022) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) made a Broad Agency Announcement (BAA), totaling an estim...
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The $300 million includes a $100 million transfer to the U.S. Department of Commerce’s Minority Business Development Agency to provide technical assistance to underserved entrepreneurs seeking greater access to capital, including venture capital financing. WASHINGTON — Today, the U.S. Department...
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Minority Business Development Agency to Award $2.1 Million to Expand Business Center Program
April 18, 2022
Federal funding will expand MBDA Business Centers to new locations in Arkansas, Indiana, Oregon, South Carolina, Utah, and Wisconsin WASHINGTON (April 18, 2022) — The U.S. Department of Commerce, Minority Business Development Agency (MBDA) is awarding $2.1 million in federal funding to six grant re... -
State and local Tribal organizations to provide training programs, access to capital, and business development to Native entrepreneurs WASHINGTON (November 23, 2021) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $3.9 million in federal funding to thirteen (...
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Minority Business Development Agency Releases Report on Businesses and Workers in Indian Country
November 23, 2021
Key findings reveal importance of digital infrastructure, access to markets and a skilled workforce, and the role of Tribal self-governance in business development [Washington, DC | November 23, 2021] - Today, the U.S. Department of Commerce Minority Business Development Agency (MBDA) released a... -
The Minority Business Development Agency is Permanently Authorized in Bipartisan Infrastructure Deal
November 15, 2021
Bill’s passage assigns an Under Secretary to oversee the Agency, mandates services to rural areas, provides authorities for a new Minority Business Development Grant program and the creation of partnerships with HBCU’s and minority-serving institutions. [Washington, DC | November 15, 2021] - Tod... -
MBDA’s 2021 “Buy MBE Day” Set for Saturday, September 25
September 15, 2021
Initiative generates awareness and economic support for nation’s minority-owned businesses [Washington, DC | September 15, 2021] – The U.S. Department of Commerce, Minority Business Development Agency (MBDA) announces the 2021 return of “Buy MBE Day”—the Agency’s initiative to directly support mino... -
Minority Business Development Agency Awards $13.9 Million in Grants
September 09, 2021
Federal funding will expand MBDA Business Centers to new locations in Alabama, Louisiana, Massachusetts, Mississippi, North Carolina, New Jersey, Ohio, Oklahoma and Virginia WASHINGTON (September 9, 2021) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is awarding... -
U.S. Department of Commerce Announces Appointment of Minority Business Development Agency National Deputy Director
September 08, 2021
Puerto Rico Native Miguel Estién to Serve as Acting National Director and National Deputy Director, and will host this year’s National Minority Enterprise Development Week WASHINGTON (September 8, 2021) — The U.S. Department of Commerce has announced Miguel Estién to serve as MBDA’s Acting Natio... -
Federal funding will support MBDA Specialty Centers with an emphasis on advanced manufacturing, exporting, and federal contracting. WASHINGTON (August 25, 2021) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $3.7 million in federal funding to nine (9) gra...
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