A brief overview of the Minority Business Development Agency (MBDA) and how it provides help for the minority-owned business sector. This information is taken from "A Basic Guide to Exporting" provided by the U.S. Commercial Service to assist U.S. companies in exporting.
Last Published: 10/20/2016
Minority Business Development Agency (http://www.mbda.gov)

The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) is the only federal agency dedicated to the growth and global competitiveness of the U.S. minority-owned business sector. Their programs and services equip minority owned companies to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally. Services are provided through a network of more than 40 MBDA Business Centers across the United States, the District of Columbia, and Puerto Rico.

MBDA identifies opportunities for U.S. minority business enterprises by promoting their ability to grow and compete in the global economy in selected industries. Through an agreement with the U.S. Department of Commerce’s International Trade Administration, MBDA provides information on market and product needs worldwide and identifies ways to access education, finance, and technology to help minority businesses succeed. Many MBDA counselors are certified in counseling exporters. For example, MBDA and ITA coordinate minority business participation in trade events. The MBDA Business Center network also helps minority businesses prepare international marketing plans and promotional materials and to identify  financial resources.

MBDA and ITA field offices provide information kits and details about local seminars.
 


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