The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is awarding $13.9 million in federal funding to 35 grant recipients as part of its MBDA Business Center Program. The program is designed to help minority-owned firms create jobs, compete in the global economy and grow their businesses.
“The MBDA Business Centers are results-driven business development resources that advance the interests of minority business enterprises,” said Miguel Estién, Acting National Director of the Minority Business Development Agency. “The new program expands the network to include locations in Alabama, Louisiana, Massachusetts, Mississippi, North Carolina, New Jersey, Ohio, Oklahoma and Virginia, with all locations having an increased focus on capacity building services to create greater access to capital, contracts and markets.”
For additional details regarding the new awardees, visit MBDA.gov.