WASHINGTON, D.C. (May 13, 2024) — The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is celebrating Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month by hosting the National AANHPI Business Summit. The summit will take place on Wednesday, May 15, 2024, from 12:00 P.M. to 6:00 P.M. ET in Washington D.C. in collaboration with the National Asian...

WASHINGTON, D.C. (May 8, 2024) – MBDA hosted 43 Capital Readiness Program (CRP) awardees from across the nation for its first implementation meeting at the U.S. Department of Commerce. The two-day program convened awardee administrators and directors for an opportunity to meet Department of Commerce and MBDA staff, network within their cohort, and receive valuable program information. The CRP is a...

CHICAGO (May 3, 2024) – Eric Morrisette, Acting Under Secretary of Commerce for Minority Business Development, traveled to Chicago for the Department of Defense (DoD) Small Business Training Week 2024 (SBTW24), where he met with Mr. Farooq Mitha, Director of the DoD Office of Small Business Programs for a fireside chat at the Hilton Chicago. During the chat, the two leaders discussed MBDA’s unique...

WASHINGTON, D.C. (May 1, 2024) – Eric Morrisette, Acting Under Secretary of Commerce for Minority Business Development Agency (MBDA), joined the National Association of Hispanic Publications (NAHP) Legislative Summit 2024 at the White House, where he participated in a panel discussion with Cabinet Members and other leaders to highlight the Administration’s accomplishments for the Latino community...

ATLANTA (April 29, 2024) – Eric Morrissette, Acting Under Secretary of Commerce for Minority Business Development traveled to Atlanta to kick off the first stop of Vice President Kamala Harris’ nationwide Economic Opportunity Tour with a panel discussion at the Georgia International Convention Center.   The conversation was focused on programs and initiatives created to uplift economic...

WASHINGTON, DC, March 8, 2024 – Yesterday, the U.S. Department of Commerce Minority Business Development Agency (MBDA) hosted the Divine Nine Sororities, The National Council of Negro Women, The Links Incorporated, The Black Women’s Agenda, and The National Coalition of 100 Black Women at the White House. During this event, MBDA memorialized Memorandums of Understanding (MOU) with each...

Mr. Eric Morrissette and the Minority Business Development Agency have released a statement to the Nuziard v MBDA court decision. Read exactly what Mr. Morrissette and MBDA have to say in response here.

... "55 years ago, President Richard Nixon established the Minority Business Development Agency (MBDA). Now authorized by a bipartisan coalition in Congress and codified by President Biden, the MBDA has been committed to providing the programs, services, and initiatives needed for businesses to achieve economic success and prosperity. This week, a federal court in Texas said that while minority...

Mr. Eric Morrissette, performing the duties of the Under Secretary of Minority Business Development, and the Minority Business Development Agency wish everyone a Happy Black History Month!

The Minority Business Development Agency (MBDA) announced the formation of the Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority owned businesses.

On January 12, 2024, the Minority Business Development Agency (MBDA) announced that Under Secretary Donald “Don” Cravins will be stepping down from his role as MBDA Under Secretary.

“One year ago today, I was sworn in as the first-ever Under Secretary of Commerce for Minority Business Development. I took this job to make a difference - for this Nation and for its minority and underserved businesses, and I am proud to say we have accomplished a great deal thus far...

Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses.

The U.S. Department of Commerce, Minority Business Development Agency (MBDA) has announced the appointment of Jessica G. Cavazos as Deputy Under Secretary of Commerce for Minority Business Development.

MBDA is looking for talented individuals to join our team in order to execute the State Small Business Credit Initiative.