 Seal of the Minority Business Development Agency | |
| Agency overview | |
|---|---|
| Formed | 1969 |
| Headquarters | Washington, D.C. |
| Employees | 50-100 |
| Annual budget | US$30 million (2009) US$32 million (est. 2010) US$32 million (est. 2011) US$34 million (est. 2017) |
| Agency executive |
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| Parent agency | U.S. Department of Commerce |
| Website | www |
The Minority Business Development Agency (MBDA) is an agency in the United States Department of Commerce that promotes growth and competitiveness of the United States' minority-owned businesses, including Hispanic and Latino American, Asian Pacific American, African American, and Native American businesses.[1]
MBDA's stated mission is to promote the growth and competitiveness of minority-owned businesses by providing access to capital, access to contracts and access to market opportunities - both domestic and global. The main feature of the organization and its site is to provide business consulting services to minority business owners.[2]
- ^ Boyd, Eugene (November 9, 2017). Minority Business Development Agency: An Overview of its History and Current Issues (PDF). Washington, DC: Congressional Research Service. Retrieved November 22, 2017.
- ^ "About MBDA". Minority Business Development Agency. Retrieved April 16, 2018.