Minority Business Development Agency

Today I would like to introduce you to the Minority Business Development Agency (MBDA), an arm of the Commerce department that has created $4 billion in business with a $29 million budget. Impressive!

Similar to the Small Business Administration and PTAC, the MBDA is dedicated to helping small businesses, with a specific focus on minority business development. In fact, they’re the only federal agency seeking to create wealth in minority communities.

MBDA funds a network of centers across the nation where minority business owners can access free business referrals, as well as specialized training for a nominal fee. They also have an active blog and website featuring helpful articles and the latest opportunities for small business owners, such as next week’s free National Small Business Forums.

Whether you’re looking for opportunities for your minority-owned business or general small business advice, the Minority Business Development Agency will be a very valuable resource for you. Check them out at http://www.mbda.gov/.


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