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  • MBDA at the Congressional Black Caucus Foundation’s Annual Legislative...
    Submitted on 16 September 2010

    Director Hinson participated on the September 16th panel Africa and the Diaspora - From Slave Ships to Partnerships hosted by U.S. Rep. Bobby L. Rush.

    The panel was composed of leading Africa experts from the public, private and non-profit sectors. The panel increased awareness about Africa's position in the global economy.  Specifically, the forum discussed the Obama Administration's efforts to increase trade with Africa, especially the role that minorities play to strengthen U.S. Africa economic ties.

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  • Public Hearing: Task Force on Federal Contracting Opportunities for Small...
    Submitted on 14 June 2010

    On June 28, 2010 at 1pm EST, the Task Force on Federal Contracting Opportunities for Small Business will hold a public hearing at the auditorium at the Department of Commerce located at 1401 Constitution Ave., NW, Washington, DC 20230.

    To pre-register for the meeting, please email your name, organization or small business that you represent, along with the contact information to SB_TaskForce_Comment@sba.gov.  You should also include the topics you are interested in discussing (see below). Those interested in attending should register by June 21, 2010 due to security and limited seating.  Please put “registration” in the subject line of the email.

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  • MBDA Director Meets With Haitian Leader
    Submitted on 09 June 2010

    June 10, 2010 – In support of rebuilding Haiti following the devastating earthquake that affected the region this past January, more than 400 companies from the United States, Dominican Republic and Haiti attended the “Building a New Haiti: Commerce, Business, Investment” conference in Montrouis over the last two days.

    Rick Wade, Senior Advisor and Deputy Chief of Staff to U.S. Commerce Secretary Gary Locke and David Hinson, National Director of the Minority Business Development Agency, met with René Préval, President of the Republic of Haiti to discuss ways in which Haiti can diversify its economy and develop stronger economic relationships with the U.S. as well as create an environment that fosters job creation and economic stability.

    Wade reiterated the commitment of President Barack Obama and Commerce Secretary Locke to the people of Haiti and to engage the Haitian Diaspora in these efforts.   Hinson discussed how Haitians living in America are extremely supportive of their home country and are eager to help rebuild the nation.

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  • Commerce Secretary, Gary Locke, Explains Impact of New Health Care Legislation...
    Submitted on 31 March 2010

    In today’s Wall Street Journal, Secretary of Commerce Gary Locke explains the impact of the new health care legislation on businesses.  Here’s the text of his op-ed:

    Don’t Believe the Writedown Hype

    Taken as a whole, health reform is undeniably pro business and pro jobs.

    By GARY LOCKE

    President Obama began his campaign to reform the American health-care system focused on three goals: protecting Americans’ choice of doctors and health plans, assuring quality and affordable health care for all Americans, and reducing costs for families and businesses.

    The new comprehensive health-care legislation meets these goals, and will significantly benefit American businesses by slowing and eventually reversing the tide of crippling premium increases washing over our nation’s employers.

    These cost savings are real. They will grow over time. And they will make U.S. businesses more competitive.

    First, by drastically cutting the number of uninsured, this law reduces the hidden tax of about $1,000 for family coverage that those with insurance pay to cover the cost of the uninsured who rely on emergency rooms for care.

    Second, the law invests $5 billion in a new reinsurance program for early retirees starting this year. For employers paying for their retirees between ages 55-64, this provision will directly reduce family premiums by as much as $1,200.

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  • MBDA allocated nearly $1 million to increase contracting opportunities through...
    Submitted on 20 November 2009

    MBDA allocated roughly $1 million to seven minority business centers last month. The Minority Business Centers located in cities in Mesa, AZ; Bismarck, ND; New Orleans, LA; Durham, NC; San Jose, CA; Detroit, MI; and Philadelphia, PA received the funding to increase minority business contracting opportunities in the American Recovery and Reinvestment Act.

    The Minority Business Centers in these cities will assist in “minority-owned firms playing a significant role in the nation’s economic growth,” says MBDA National Director David Hinson.  MBDA kicked off the ARRA Initiative last month with events in Charlotte, NC; Philadelphia, PA and New Orleans, LA.

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  • Minority Business Opportunity to Participate On Industry Trade Advisory...
    Submitted on 20 November 2009

    The Industry Trade Advisory Committees (ITACs) play a critical role as industry’s voice in developing U.S. trade policy.  Through the ITACs, business leaders have an opportunity to work side-by-side with U.S. Government officials and trade negotiators in advising the Secretary of Commerce and the United States Trade Representative (USTR) on industry specific issues related to, among others:  market access, customs matters, foreign investment and intellectual property protection.

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  • New Department of Commerce Initiative to Aid American Businesses to Launch in...
    Submitted on 16 June 2009

    U.S. Commerce Secretary Gary Locke announced a new Obama Administration initiative designed to streamline government bureaucracy and bring services and solutions directly to businesses and entrepreneurs creating and sustaining jobs. Locke made his announcement at the Detroit Economic Club’s National Summit. The new initiative will be launched this summer in the Detroit area.

    Responding both to President Obama’s call to make government more responsive and a once-in-a-generation economic crisis, Locke initiated the effort after seeing how complicated it can be to navigate the alphabet soup of Commerce agencies and programs.

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  • Don’t STOP, follow this minority business all the way to success
    Submitted on 11 March 2009

    In 1972, Phil Archuleta started P&M Signs in the rural community of Mountainaire, New Mexico. Back then, Mr. Archuleta probably didn’t know his company would be one of MBDA’s first and longest-standing clients but now nearly 40 years later he’s seen his company grow substantially, more than doubling gross sales and hiring 30 new employees along the way.  

    Its minority entrepreneurs like Mr. Archuleta who inspired Representatives Mike Honda (D-CA), Nydia Velázquez (D-NY), Barbara Lee (D-CA) and Dale Kildee (D-MI) to sponsor a resolution (H. Res. 215) to recognize MBDA and its network of business centers’ accomplishments, highlighting the importance of minority businesses on our economy.

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  • MBDA Marks 40 Years Promoting Competitive Business Growth
    Submitted on 05 March 2009

    On March 5, 1969, President Richard Nixon established what is today called the Minority Business Development Agency (MBDA) at the U.S. Department of Commerce.  Over the last four decades, MBDA has promoted the establishment and growth of minority businesses in the United States.  MBDA is the only federal agency tasked with advancing the competitiveness of minority businesses and throughout the year will be highlighting those minority businesses that have benefited from MBDA programs and the people and communities it has impacted.

    MBDA prides itself on remarkable success.  In 2008, the Agency ranked as one of the top three bureaus within the U.S. Department of Commerce and touched more than 25,000 minority businesses, in turn, they created more than 5,000 new jobs.  In addition, MBDA programs generated $1.85 billion in terms of dollar value of contract and financial awards to minority businesses.

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Did you know...

MBDA Minority Business Centers helped clients secure contracts totaling $6.9 billion during the last 5 fiscal years.
Graph for Dollar Value of Contracts

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