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1401 Constitution Ave. NW
Washington, DC 20230
United States

Minority Business Development Agency

The mission of the Minority Business Development Agency (MBDA) is to promote the growth of minority owned businesses through the mobilization and advancement of public and private sector programs, policy, and research. MBDA has accomplished this mission by funding a network of centers that provide Minority Business Enterprises (MBEs) a variety of business assistance services.

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Related Content

U.S. Secretary of Commerce Announces Minority Business Development Agency Grant Awards

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Minority Business Development Agency (MBDA) of the Department of Commerce awarded over $13 million to 35 projects in communities across the country. The grants, which are part of MBDA’s new Broad Agency Announcement initiative, reflect critical Department of Commerce priorities including space commerce, aquaculture, disaster relief,...

Spurring Innovation During National Entrepreneurship Month

Blog
By: Karen Dunn Kelley American ingenuity has powered our nation through advances in technologies such as integrated circuits, personal computers, and the Internet. Through recessions and economic booms, innovation has remained the hallmark of the U.S. economy. Americans have consistently invented revolutionary new technologies and, in the process, created immense global industries. If the United...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Aerospace Industries Association Board of Governors Meeting

Speeches
Good morning, and thank you for the warm introduction. Today is an exciting time for aerospace industries in America. The economy is strong. Tax cuts and deregulation are maximizing business opportunities and creating jobs. And domestic manufacturing is growing at an unprecedented rate. Over the last year, U.S. manufacturing added well over 300,000 jobs, the most since 1995. Under the Trump...

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

Press releases
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 17 th National Director of the agency. Established by an Executive Order in 1969, MBDA is the only Federal agency solely dedicated to the growth and global competitiveness of U.S....

Commerce Showcases Contributions of Asian American and Pacific Islander-Owned Businesses on the U.S. Economy

Blog
The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) celebrated Asian Pacific American Heritage Month (APAHM) with a day-long celebration Tuesday, May 15 featuring remarks from White House officials, panels focused on supplier partnerships and procurement, as well as discussions on the successes and challenges for millennial Asian American and Pacific Islanders (AAPI)....

Spotlight on Commerce: Jennifer Rimbach, Access to Capital Business Development Specialist, Minority Business Development Agency (MBDA)

Blog
Ed. note: This post is part of the Spotlight on Commerce series highlighting the contributions of Department of Commerce employees in honor of Asian American and Pacific Islander (AAPI) Heritage Month. Guest blog post by Jennifer Rimbach, Access to Capital Business Development Specialist, Minority Business Development Agency (MBDA) I’ve never been a fan of labels. Perhaps that’s why it wasn’t...

Supporting America’s Communities Impacted by Hurricanes Harvey, Irma and Maria

Blog
At the Department of Commerce, we’re committed to partnering with communities who are recovering from the devastation of Hurricanes Harvey, Irma and Maria. Since the initiation of disaster response efforts prior to landfall in August and September, the Department has been leveraging the strategic guidance and technical expertise available through our many diverse bureaus to serve the recovery...

Honoring Our Nation’s Veteran Entrepreneurs

Blog
The Minority Business Development Agency (MBDA) recently honored minority-owned businesses in Detroit during Minority Enterprise Development (MED) Week . At this year’s event, they launched a new award honoring the Minority Veteran-Owned Firm of the Year – which was bestowed upon Army veteran Bede Ramcharan, President & CEO of Indatatech, of San Antonio, Texas. Ramcharan is a retired Army colonel...

Tax Reform Means Better Business for America

Blog
Yesterday, U.S. Commerce Secretary Wilbur Ross joined President Donald J. Trump at a White House event honoring the 2017 winners of the National Minority Enterprise Development Week Award. During the event, both President Trump and Secretary Ross addressed how the Unified Framework for Tax Reform will help bring back the competitive edge for American businesses and industries, allowing American...

Commerce Secretary Ross Addresses Importance of Tax Reform in Empowering Minority-Owned Businesses

Blog
U.S. Commerce Secretary Wilbur Ross yesterday addressed minority businesses from across the country and stressed the need for tax reform in advancing economic growth, empowering small business owners and bringing more jobs back to the U.S. During a keynote address to the Minority Business Development Agency’s Minority Enterprise Development (MED) Week, Secretary Ross reaffirmed the Administration...