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Minority business growth

Minority Business Enterprises (MBEs) are fast-growing, innovative, and represented in every industry sector in the United States. Minority-owned firms directly contribute to the U.S. economy and account for the creation of millions of U.S. jobs.

Related Content

Year in Review: Commerce's Top 21 Stories of 2021

As we welcome 2022, we reflect on some of the most popular stories and issues from the past year. Last year, the 40th Secretary of Commerce Gina M. Raimondo outlined how the Commerce Department contributes to President Biden's Build Back Better agenda. "Our strategy is designed to achieve an overarching goal: to improve America’s economic competitiveness so that our workers and our companies...

Encouraging Entrepreneurship Growth Through Commerce Resources

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...

Shop Small on Small Business Saturday

Saturday, November 27, 2021 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic. Please join SBA and organizations across the country in supporting your local small businesses by...

The Minority Business Development Agency is Permanently Authorized in Bipartisan Infrastructure Deal

The following is a cross-post from the Minority Business Development Agency (MBDA) 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. Today, U.S. Secretary of Commerce Gina M. Raimondo is pleased...

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

Press releases
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. Deputy Secretary of Commerce Don Graves at the Deputies' Convening on Equitable Economic Growth

Good morning, everyone, and welcome to our kickoff Interagency Convening on Equitable Economic Growth.It’s great to be here with all of you. Thank you, Fran, for that introduction. Thank you to my fellow Deputies for joining us today: Treasury Deputy Secretary Wally Adeyemo, Labor Deputy Secretary Julie Su, and Transportation Deputy Secretary Polly Trottenberg. And thank you Susan Rice, the...

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

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 –...

U.S. Secretary of Commerce Gina M. Raimondo Applauds the Passage of the Bipartisan Infrastructure Investment and Jobs Act

Press releases
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...

ADVISORY: Department of Commerce, Ford Foundation to Host Interagency Convening on Equitable Economic Growth

Press releases
On November 9th, 2021, the Department of Commerce, in collaboration with the Ford Foundation; the U.S. Impact Investing Alliance; B Lab; Families and Workers Fund; and Ariel Investments, will host the Biden-Harris administration’s first-ever Interagency Convening on Equitable Economic Growth, bringing together key voices from the government, business, investor, philanthropic and the advocacy...

Commerce Concludes Successful Hispanic Heritage Month Showcasing Resources for Hispanic Business and Outstanding Hispanic Employees and Leaders

Throughout Hispanic Heritage Month, the Commerce Department and many of its agencies held events. They showcased employees on their blog and social media platforms highlighting their achievements and what Hispanic Heritage Month meant to them. The Commerce Department is proud to honor and will continue to honor the many diverse agencies and programs and the Hispanic community throughout the year...