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Who is MBDA?

MinorityBiz Fast Facts

Submitted on 08 November 2010

Our Mission is to Keep America Competitive

MBDA fosters the growth and global competitiveness of U.S. businesses that are minority-owned. MBDA is building minority-owned firms of size, scale and capacity. More than 6,000 new jobs were created and thousands more were retained by minority firms in 2010 as a result of MBDA’s programs and services.

Serving Minority Businesses Since 1969

MBDA is the only federal agency dedicated to creating minority firms of size, scale and capacity. In 2010, MBDA helped minority firms access nearly $4.0 billion in contracts and capital.

Creating a New Generation of Multi-Million Dollar Firms

MBDA serves minority entrepreneurs across America who are building and growing their enterprises and those in the high growth or new frontier industries. In doing so, minority-owned firms are better equipped to create jobs, impact local economies by contributing to the tax base, and compete successfully in domestic and global marketplaces.

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What MBDA Can Do for You!

Submitted on 08 November 2010
Reduce Unemployment
- More than 3,000 jobs were created by MBDA in FY 2009
- The average investment per job created is $3,968
- These jobs have an average salary of $30,000 per year
Create Competitive Businesses
- Each MBDA center secures an average of $49 M worth of contracts for minority firms; and our high performing centers secure more than $100 M worth of contracts
- MBDA is focused on increasing annual revenues for minority businesses from an average of less than $200,000 to more than $1 million
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About Minority Business Development Agency

Submitted on 12 August 2010

Grow your business. Build the Nation.

MBDA, a part of the U.S. Department of Commerce is an entrepreneurially focused organization committed to wealth creation in minority communities and economic prosperity for all American businesses. The Agency's mission is to actively promote the growth and competitiveness of large, medium and small minority business enterprises.

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Who We Are?

Submitted on 20 July 2010

Stimulating minority entrepreneurship and business ownership is in the strategic interest of the United States, particularly during economically challenging times. Evidence abounds that investments in minority business entrepreneurs can produce measurable results.

We are committed to ensuring that the U.S. minority business enterprise community will be the source of our economic recovery efforts and a competitive advantage in the 21st century worldwide economy. Our network of leaders, are committed to helping others exceed their own expectations.

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Who is MBDA?

Submitted on 19 July 2010

The Minority Business Development Agency (MBDA) is part of the U.S. Department of Commerce. MBDA is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America.

MBDA is an entrepreneurially focused organization committed to wealth creation in minority communities. To foster the growth and global competitiveness of U.S. businesses that are minority-owned.

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Who is MBDA?

Our Mission is to Keep America Competitive

Serving Minority Businesses Since 1969

Creating a New Generation of Multi-Million Dollar Firms

Grow your business. Build the Nation.

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