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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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Encouraging Entrepreneurship Growth Through Commerce Resources

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As entrepreneurship month comes to a close, the Department of Commerce remains laser focused on creating opportunities for entrepreneurs to innovate across the U.S. While the majority of startups are within cities like Boston, New York and San Francisco, we at the Commerce department know that there are untapped sources of innovation within unconventional startup cities. We are committed to...

U.S. Secretary of Commerce Gina M. Raimondo Statement on House Passage of the Build Back Better Act

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The Build Back Better Act will fund key Commerce initiatives and allow more Americans to fully participate in the economy thanks to critical investments in our care economy. Today, U.S. Secretary of Commerce Gina M. Raimondo issued the following statement following House passage of President Biden’s Build Back Better Act: “This week, President Biden made history by signing into law the largest...

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Commerce Department Applauds President Biden’s Signing of Bipartisan Infrastructure Deal into Law

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Today, U.S. Secretary of Commerce Gina M. Raimondo applauded President Biden for signing the historic Bipartisan Infrastructure Deal into law. “Thanks to President Biden’s leadership and ability to work across the aisle, we can finally welcome much-needed infrastructure investments that will impact every community in America,” said U.S. Department of Commerce Secretary Gina M. Raimondo. “This is a...

Remarks by U.S. Secretary of Commerce Gina Raimondo at the Interagency Economic Equity Convening

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Hello everyone! Welcome to our first Interagency Convening on Equitable Economic Growth. Thank you, Don, for your remarkable leadership and for bringing us together to discuss a topic that is so central to President Biden’s Build Back Better agenda. As Don explained, equity is at the heart of everything we do at the Department of Commerce. Today, 30 million Americans lack reliable broadband –...

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Bipartisan Infrastructure Deal will fund key Commerce initiatives, including universal broadband, climate resiliency and permanent authorization of MBDA Today, U.S. Secretary of Commerce Gina M. Raimondo applauded the passage of the Bipartisan Infrastructure Investment and Jobs Act. Through the Bipartisan Infrastructure Investment and Jobs Act, the Department of Commerce will fund key priorities...

Secretary Raimondo Applauds White House Release of National Strategy Gender Equity, Reaffirms Commerce Department’s Commitment to Promoting Gender Equity

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Today, President Biden released the first-ever U.S. National Strategy on Gender Equity and Equality, produced by the White House Gender Policy Council. It offers a roadmap to achieve the vision of a country and a world where every person has equal access to opportunities; where the safety and security of people of every gender is guaranteed; and where everyone is treated fairly at home and in...

Recognizing Hispanic American Heritage Month: Commerce Department Offers Valuable Resources and Services for Hispanic Entrepreneurs and Hispanic -Owned Businesses

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The Hispanic American community is deeply rooted in the history of the United States and are an integral part of the rich fabric of our nation. True to our mission of creating the conditions for economic growth and opportunity—for all Americans—the Commerce Department works every day to support and invest in the Hispanic business community to create jobs and promote economic growth. Over our...

Remarks by U.S. Deputy Secretary of Commerce Don Graves at the Asian Pacific American Caucus with the Minority Business Development Agency (MBDA)

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Hello everyone! It’s great to be here with you all at the Congressional Asian Pacific American Caucus. Thank you, Judy, for the kind introduction and for your remarkable leadership. Today I’d like to introduce you to our new MBDA political leadership and share what we’re doing at the Department of Commerce to advocate for minority businesses. Since May, we’ve been proud to have Miguel Estien serve...

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Observed annually from September 15—October 15, Hispanic American Heritage Month is a time to reflect upon and celebrate the remarkable role of the Hispanic community in our Nation’s history. President Biden has made equity and equality a top priority for his Administration. In his recent Proclamation on National Hispanic Heritage Month, he stresses, "Hispanics cannot succeed unless Hispanic...