Minority Business Development Agency Accouncement

The Minority Business Development Agency (MBDA) is kicking off 2025 with an exciting announcement: approximately $11 million in federal funding is now available!!!

Eligible entities can apply for funding under the following programs:

🔹MBDA Women’s Entrepreneurship Program: https://lnkd.in/e9fZC-AU
🔹MBDA Rural Business Center Program: https://lnkd.in/e45yJyJn
🔹MBDA Parren J. Mitchell Entrepreneurship: https://lnkd.in/em5azezF

“These three programs represent critical investments in our nation’s economic future by addressing systemic barriers faced by minority business enterprises (MBEs),” said Eric Morrissette, performing the non-exclusive duties of the Under Secretary of Commerce for Minority Business Development. “By addressing barriers to entrepreneurship traditionally faced by women, strengthening rural MBEs, and fostering entrepreneurship education, we are unlocking the untapped potential of underrepresented communities across the country.”

About the Minority Business Development Agency (MBDA):
The Minority Business Development Agency – U.S. Department of Commerce is the only Federal agency dedicated to the growth and global competitiveness of U.S. minority business enterprises (MBEs). For more than 50 years, MBDA’s programs and services have better equipped MBEs to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally.