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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

Deputy Secretary Graves Addresses Administration’s Commitment to Economic Prosperity, Equity, and Inclusion for all American Business Enterprises

Last week, Deputy Secretary of Commerce Don Graves traveled to New York City, where he met with entrepreneurs and local leaders to highlight the Commerce Department’s steadfast commitment to diversity, equity, and inclusion through various programs promoting job growth and innovation, business investment, and accessibility to broadband internet. On Wednesday, July 20, Deputy Secretary Graves...

Biden Administration Announces More Than $10 Million in Grants to Expand High-Speed Internet to Minority-Serving Colleges and Universities

Press releases
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced today it has awarded the first five grants as part of the Connecting Minority Communities Pilot Program (CMC). These grants, totaling $10,642,577.03, will be used to fund internet access, equipment, and to hire and train information technology personnel. Deputy Secretary of Commerce Don Graves...

Remarks by Deputy Secretary of Commerce Don Graves at the NYC Equity Tour

Thank you for that introduction. And thank you to New York City Parks for hosting me here today. I’d like to also thank Representative Jones for joining me. We have one overarching goal at the Commerce Department: to improve America’s competitiveness in every community so that our workers and companies of all sizes can succeed in the global economy. And equity underpins every aspect of what we do...

Remarks by Deputy Secretary of Commerce Don Graves at Virtual Relaunch of the Commerce Department’s Office of Faith-Based and Neighborhood Partnerships

Hello, everyone. Thank you for joining us for the virtual relaunch of the Commerce Department’s Office of Faith-Based and Neighborhood Partnerships. At the Commerce Department, we have one overarching goal: to improve America’s competitiveness so that our workers and companies can succeed in the global economy. Today’s gathering is meant to further that goal by fostering impactful partnerships...

Deputy Secretary Graves Concludes Trip to West Africa: Addresses Increasing Economic Empowerment of Women and Bilateral Commercial Engagement Across Continent

On Saturday, June 19, Deputy Secretary Don Graves concluded his trip to West Africa, where he met with representatives from the governments of Côte d'Ivoire & Ghana, participated in key commercial forums to drive investment and create opportunities for U.S. businesses across Africa, and engaged with private sector and NGO representatives. Deputy Secretary Graves is the highest-ranking official to...

Deputy Secretary Don Graves Honors Juneteenth: "Equity is at the Core of Everything We Do at Commerce"

On behalf of the U.S. Department of Commerce, it’s my honor to wish you a happy Juneteenth. Today, we honor the Black Americans who blazed trails before us, those of us living their legacy today, and the future generations who fill us with hope. The great presence of Black resilience throughout American history has shaped our nation and is cause for reflection. Today, I feel particularly grateful...

U.S. Department of Commerce and Saudi Ministry of Commerce Announce Plan to Deepen Commercial Cooperation

Press releases
Today, Secretary of Commerce Gina M. Raimondo and Minister of Commerce Majid Alkassabi launched the U.S.-Saudi Arabia Commercial Partnership Shared Work Plan, a roadmap that will guide cooperation between the U.S. Department of Commerce and Saudi Arabia's Ministry of Commerce as our countries continue to deepen our bilateral commercial relationship. The Work Plan aims to guide our cooperation in...

Remarks by Deputy Secretary of Commerce Don Graves at the Women's Business Roundtable in Cote d’Ivoire

Good morning, everyone, and thank you for joining today’s conversation. I am delighted to be here in Côte d’Ivoire and to have spent the last few days speaking with private sector and government leaders working to bolster trade and investment. But I am especially excited to learn from today’s exchange. According to a 2019 World Bank report, Sub-Saharan Africa had the highest rate of...

Commerce Honors Asian American and Native Hawaiian/Pacific Islander Heritage Month: America’s Road to Prosperity Runs through Our Nation’s Minority Business Community

By U.S. Commerce Secretary Gina M. Raimondo As we come to the end of Asian American and Native Hawaiian/Pacific Islander (AANHPI) Heritage Month, I want to take the time to recognize the vast contributions of Asian Americans, Native Hawaiians, and Pacific Islanders to the history, culture, and the economy of the United States. The AANHPI communities, some of the fastest-growing racial and ethnic...

Celebrating Asian American and Native Hawaiian/Pacific Islander Inventors and Entrepreneurs

Joint blog by the U.S. Patent and Trademark Office and the Economic Development Administration This month, the U.S. Department of Commerce is celebrating Americans from Asian American and Native Hawaiian/Pacific Islander (AANHPI) communities. The Department pays tribute to the numerous AANHPI entrepreneurs and innovators helping fulfill the promise of America for all. Here are three of their...