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About MBDA | Minority Business Development Agency
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hreflang="vi" data-drupal-link-query="{"q":"\/about"}" data-drupal-link-system-path="node/983">Vietnamese</a></li></ul> </li> </ul> </div> </div> <ul class="usa-nav__secondary-links"> <li class="usa-nav__secondary-item"> <a href="/media-request"> Media Request Form </a> </li> <li class="usa-nav__secondary-item"> <a href="https://mbda2.my.site.com/mbdaschedulingrequest/s/"> Speaker Request Form </a> </li> </ul> </div> </div> </div> </nav> </header> <main class="usa-section" id="main-content"> <section class="usa-hero" aria-label="Hero shot section"> <div class="region region-hero"> <section class="hero mbda-hero"> <div class="hero__media"> <img src="/sites/default/files/2024-06/Hero-%20About%20MBDA.png" alt="Blue tint frame with one woman wearing a white blouse talking to a man with a beard"/> </div> <div class="hero__content"> <div class="grid-container"> <div class="grid-row"> <div class="grid-col-12"> <h1>About MBDA</h1> <p>The Minority Business Development Agency’s (MBDA) mission is to promote the growth and global competitiveness of Minority Business Enterprises (MBE) in order to unlock the country’s full economic potential.</p> </div> </div> </div> </div> </section> </div> </section> <div id="bg-wrapper"> <div class=""> <div class="grid-row grid-gap"> <div class="grid-col-12"> <div class="region region-highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> </div> </div> <div class="grid-row grid-gap"> <aside class="tablet:grid-col-3"> <div class="region region-sidebar-first"> <ul class="usa-sidenav"> <li class="usa-sidenav-item"> <a href="/about" class="usa-current"> <span>Overview </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/impact"> <span>Impact </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/success-stories"> <span>Success Stories </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/mbes-advisory-council"> <span>MBE Advisory Council </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/history"> <span>History </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/get-involved"> <span>Get Involved </span> </a> </li> <li class="usa-sidenav-item"> <a href="/about/year-in-review"> <span>Year In Review </span> </a> </li> </ul> </div> </aside> <div class="region-content tablet:grid-col-9"> <div class="region region-content"> <div id="block-mbda-content" class="block block-system block-system-main-block"> <article data-history-node-id="983"> <div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><!-- About MBDA --></div> </div> </article> </div> <section class="mbda-media-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-bottom-10"> <div class="grid-container"> <div class="grid-row"> <div class="tablet:grid-col-2"></div> <div class="tablet:grid-col-8 text-center margin-bottom-2"></div> <div class="tablet:grid-col-2"></div> </div> <div class="grid-row"> <div class="usa-card usa-card--dark usa-card--flag flex-1 usa-card--media-right small-image constrain-image"> <div class="usa-card__container noborder"> <div class="usa-card__header"> <h2 class="usa-card__heading">Promoting the growth of Minority Business Enterprises in every sector</h2> </div> <div class="usa-card__media"> <div class="usa-card__img"> <img src="/sites/default/files/2024-06/Media%20Block-%20About%20MBDA-%20Promoting%20the%20Growth.png" alt="Four individuals all smiling in front of a laptop "/> </div> </div> <div class="usa-card__body"> <div><p>Our network of Business Centers and technical assistance programs is an indispensable resource for MBEs working to overcome obstacles and grow their business.</p> </div> </div> <div class="usa-card__footer"> </div> </div> </div> </div> </div> </section> <section class="mbda-problem-solution-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-top-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-2"></div> <div class="desktop:grid-col-8 text-center margin-bottom-2"> </div> <div class="desktop:grid-col-2"></div> </div> <div class="grid-row"> <div class="desktop:grid-col-12"> <div class="mbda-problem-solution-block__block"> <div class="grid-row"> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-red">The Problem</span> </div> <h3 class="text-mbda-blue">Lack of access to capital</h3> <div></div> </div> </div> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-green">MBDA's Solution</span> </div> <h3 class="text-mbda-blue">Get greater access to capital</h3> <div><ul> <li>Identify financing opportunities and sourcing deals</li> <li>Financial management and planning</li> <li>Financing forums and networking events</li> <li>Brokerage of financial transactions</li> <li>Identification and closure of mergers and acquisitions</li> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-12 text-center"> </div> </div> </div> </section> <section class="mbda-problem-solution-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-top-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-2"></div> <div class="desktop:grid-col-8 text-center margin-bottom-2"> </div> <div class="desktop:grid-col-2"></div> </div> <div class="grid-row"> <div class="desktop:grid-col-12"> <div class="mbda-problem-solution-block__block"> <div class="grid-row"> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-red">The Problem</span> </div> <h3 class="text-mbda-blue">Difficulty accessing and winning contracts</h3> <div></div> </div> </div> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-green">MBDA's Solution</span> </div> <h3 class="text-mbda-blue">Expand contracting opportunities</h3> <div><ul> <li>Identification of procurement opportunities</li> <li>Teaming arrangements</li> <li>Solicitation analysis</li> <li>Bid and proposal preparation</li> <li>Negotiation and closing</li> <li>Post-award contract administration</li> <li>Business certifications and registration assistance</li> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-12 text-center"> </div> </div> </div> </section> <section class="mbda-problem-solution-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-top-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-2"></div> <div class="desktop:grid-col-8 text-center margin-bottom-2"> </div> <div class="desktop:grid-col-2"></div> </div> <div class="grid-row"> <div class="desktop:grid-col-12"> <div class="mbda-problem-solution-block__block"> <div class="grid-row"> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-red">The Problem</span> </div> <h3 class="text-mbda-blue">Lack of access to markets</h3> <div></div> </div> </div> <div class="desktop:grid-col-6"> <div> <div> <span class="usa-tag mbda-tag mbda-tag-green">MBDA's Solution</span> </div> <h3 class="text-mbda-blue">Enter new markets</h3> <div><ul> <li>Market research, promotion, and advertising</li> <li>Sales consulting and forecasting</li> <li>Business-to-Business (828) matchmaking forums</li> <li>Identification of export markets</li> <li>Referrals to international trade programs and services</li> <li>International market analysis</li> <li>Market promotion assistance</li> <li>International trade assistance</li> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-12 text-center"> </div> </div> </div> </section> <section id="accordion-119" class="mbda-accordion-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-bottom-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-12 margin-bottom-2"> <h2 class="text-mbda-blue">Fostering growth today, preparing MBEs to meet industry needs of tomorrow: MBDA’s Programs and Services</h2> </div> </div> <div class="grid-row grid-gap margin-bottom-2"> <div class="usa-accordion usa-accordion--multiselectable" data-allow-multiple> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="302"> How Business Centers Help MBEs </button> </h4> <div id="302" class="usa-accordion__content usa-prose"> <div><p>Minority business enterprises seeking to expand into new markets — domestic & global — and grow in size and scale, can access business experts at a MBDA Business Center. Whether it’s securing capital, competing for a contract, identifying a strategic partner or becoming export-ready, your success is our priority.</p> </div> </div> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="303"> How Advanced Manufacturing Centers Help </button> </h4> <div id="303" class="usa-accordion__content usa-prose"> <div><p>Targeted assistance for manufacturers that aim to employ new technologies to increase the number of “Made in America” products that can be sold domestically and globally.</p> </div> </div> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="304"> How Export Centers Help </button> </h4> <div id="304" class="usa-accordion__content usa-prose"> <div><p>Business development services to generate increased financing and contract opportunities, and greater access to global markets.</p> </div> </div> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="305"> How Federal Procurement Centers Help </button> </h4> <div id="305" class="usa-accordion__content usa-prose"> <div><p>The only MBDA Center solely focused on federal contracting; connecting MBEs to procurement officials and prime contractors.</p> </div> </div> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="306"> How MBDA Projects Help </button> </h4> <div id="306" class="usa-accordion__content usa-prose"> <div><p>Innovative Finance Projects seek to address, mitigate and remove systemic barriers of traditional financing by leveraging alternative funding methods and non-traditional sources of lending.</p> </div> </div> <h4 class="usa-accordion__heading"> <button type="button" class="usa-accordion__button text-mbda-blue" aria-expanded="true" aria-controls="307"> How MBDA Initiatives Help </button> </h4> <div id="307" class="usa-accordion__content usa-prose"> <div><p>The Minority Business Development Agency (MBDA) developed Enterprising Women of Color (EWOC) to focus on the fast-expanding minority women entrepreneur population as a revenue generators for families, communities, and the nation.</p> </div> </div> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-3"></div> <div class="desktop:grid-col-5 text-white"> </div> <div class="desktop:grid-col-4"></div> </div> <div class="grid-row"> <div class="desktop:grid-col-12 text-center"> </div> </div> </div> </section> <section class="mbda-data-node mbda-data-node--light padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-top-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-12 margin-bottom-2"> <div class="text-center"> </div> <h2 class="text-mbda-blue">Impact and Performance</h2> <h3>Fiscal Year 2024 and National Impact</h3> </div> </div> <div class="grid-row desktop:grid-gap-6"> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="mbda-data-node-circle mbda-data-node-circle-dark-blue"> <div class="mbda-data-node__number">$1.5B</div> <div>Capital</div> </div> <div class="text-left padding-right-4"> <div><p>In FY24, MBDA facilitated access to $1.5 billion in capital, empowering minority business enterprises.</p></div> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="mbda-data-node-circle mbda-data-node-circle-red"> <div class="mbda-data-node__number">$2.6B</div> <div>Contracts</div> </div> <div class="text-left padding-right-4"> <div><p>FY24 saw MBDA's diligent efforts culminate in over $2.6 billion in contract awards to minority business enterprises.</p></div> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="mbda-data-node-circle mbda-data-node-circle-dark-blue"> <div class="mbda-data-node__number">11K</div> <div>Jobs</div> </div> <div class="text-left padding-right-4"> <div><p>Throughout FY24, MBDA played a pivotal role in empowering minority business enterprises to generate or safeguard over 11,000 jobs.</p></div> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> <div class="desktop:grid-col-4 text-center"> <div class="text-left padding-right-4"> </div> </div> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-12 text-center"> </div> </div> </section><section class="mbda-link-list-block padding-top-5 padding-bottom-5 desktop:padding-top-10 desktop:padding-top-10"> <div class="grid-container"> <div class="grid-row"> <div class="desktop:grid-col-12 margin-bottom-2"> </div> </div> <div class="grid-row"> <div class="desktop:grid-col-12"> <div class="grid-row"> <div class="desktop:grid-col-9"> <ul class="mbda-link-list-block__list"> </ul> <ul class="mbda-link-list-block__list"> <li class="mbda-link-list-block__list-item"> <a class="usa-button usa-button--outline" href="/sites/default/files/2021-04/MBDA_FY%202020%20APR%20Summary_042121.pdf" target="_blank" rel="noopener noreferrer"> FY 2020 Annual Performance Report</a> </li> <li class="mbda-link-list-block__list-item"> <a class="usa-button usa-button--outline" href="/sites/default/files/2025-02/fy-2021-annual-perf-rep.pdf" target="_blank" rel="noopener noreferrer">FY 2021 Annual Performance Report Summary</a> </li> <li class="mbda-link-list-block__list-item"> <a class="usa-button usa-button--outline" href="/sites/default/files/2024-06/FY%202022%20Annual%20Performance%20Report.pdf" target="_blank" rel="noopener noreferrer">FY 2022 Annual Performance Report</a> </li> <li class="mbda-link-list-block__list-item"> <a class="usa-button usa-button--outline" href="/sites/default/files/2025-03/fy-2024-annual-performance-report.pdf" target="_blank" rel="noopener noreferrer">FY 2024 Annual Performance Report</a> </li> <li class="mbda-link-list-block__list-item"> <a href="https://www.mbda.gov/about/impact">View All Annual Performance Reports</a> </li> </ul> </div> </div> </div> </div> </div> </section> </div> </div> </div> </div> </div> </main> <footer class="usa-footer usa-footer--big" role="contentinfo"> <div class="grid-container usa-footer__return-to-top"> <a href="#">Return to top</a> </div> <div class="usa-footer__secondary-section"> <div class="grid-container"> <div class="grid-row grid-gap"> <div class="usa-footer__contact-links 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