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MBDA Grant Announcements

The U.S. Minority Business Development Agency has announced Three Grant Competitions that are currently accepting applications:

MBDA Business Center Grant Competition

The Minority Business Development Agency is seeking proposals from eligible entities to operate MBDA Business Centers in six new locations including: Arkansas, Indiana, Oregon, South Carolina, Utah, and Wisconsin.
Deadline: Applications must be submitted to Grants.gov no later than June 2, 2022 at 11:59 PM EST

Minority Colleges and Universities Grant Competition

The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) made a Broad Agency Announcement (BAA), totaling an estimated $1.8 million in federal grants, for qualified organizations to develop entrepreneurship programs for students at Minority Serving Institutions (MSIs). The grants will be for a two-year term but funded one year at a time.
Deadline: Applications must be submitted to Grants.gov no later than May 25, 2022 at 11:59 PM EST

Access to Capital: Innovative Finance Grant Competition

The Minority Business Development Agency (MBDA) seeks market solutions to the barriers of access to capital that acknowledge lack of traditional collateral/assets as an impediment for minority business enterprises (MBEs) . The Broad Agency Announcement (BAA) requests applications from qualified organizations for projects addressing these historical barriers by leveraging non-traditional financial resources. The projects can utilize technical assistance models, pilot innovative solutions, leverage technology, advance research and data, or provide education to non-traditional lenders.
Deadline:
Applications must be submitted to Grants.gov no later than June 5, 2022 at 11:59 PM EST

For additional details, official press releases, and to register for the Pre-Application Conference series for the competitions, visit www.mbda.gov/grants.

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