Agency makes $6.3 million available to launch six new MBDA Business Centers The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) today announced a solicitation for applications from prospective candidates to operate six new MBDA Business Centers in Baltimore, Houston, New York City, San Francisco, St. Louis and Washington, D.C. The successful applicants will join a network of more than 30 MBDA Business Centers across the United States and Puerto Rico. Grant amounts will range from $300,000 to $500,000 per year for a three-year cycle. “The MBDA Business Center program is critical to furthering the Agency’s mission in assisting minority-owned businesses in gaining access to contracts, access to capital, and access to markets,” said David A. Hinson, MBDA National Director. “It is our goal to ensure the continued success of minority-owned firms who, in turn, strengthen the economy and create American jobs.” ...
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