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Recent Minority Business News

  • Wed, 07 Oct 2015 20:39:34 +0000: The 2015 Minority Finance Forum - MBDA Syndicated News Feed
    Created on October 7, 2015

    A collaboration of Association for Corporate Growth (ACG) in Chicago & Department of Commerce's MBDA Business Centers

    A collaboration of Association for Corporate Growth (ACG) in Chicago & Department of Commerce's MBDA Business Centers

    Providing access to capital and expertise to Minority Business Enterprises (MBEs) to increase revenues and value.

    This is a unique opportunity for MBDA Center clients to hear how smart money and expertise of private equity and investment banking can drive higher revenues. The Forum returns to open the 16th annual Midwest ACG Capital Connection featuring 100-200 of the most active middle market investors, lenders, and investment banks, and hundreds of other advisers and deal makers from across the country.

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  • Wed, 07 Oct 2015 17:28:53 +0000: MBDA Announces New Grant Competition to Create Jobs and Grow Businesses - MBDA Syndicated News Feed
    October 7, 2015
    Contact: Velicia Woods


    Agency makes $10.2 million available to launch MBDA Business Center program in 27 states, the District of Columbia, and Puerto Rico

    WASHINGTON (October 7, 2015) — Today the U.S. Department of Commerce Minority Business Development Agency (MBDA) launched a search for prospective partners to operate their newly improved business center program. MBDA plans to award 29 individual cooperative agreements to operate MBDA Business Centers beginning April 1, 2016. The awards will cover a 5-year period and total $10.2 million annually. The centers will be located in areas with substantial minority populations and minority-owned firms.  

    “Our new and improved business center program was developed based on performance outcomes of our most successful centers and where we’ve had the most impact,” says MBDA National Director Alejandra Y. Castillo. “Under the new program, the nationwide business center network is more integrated, places more emphasis on collaboration, and was designed to ensure the quality and consistency of service delivery throughout our nationwide network of business centers,”  

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  • Wed, 07 Oct 2015 14:26:31 +0000: Open for Business: Strengthening U.S. Manufacturing and Increasing Investment in the United States - MBDA Syndicated News Feed
    Created on October 7, 2015

    The U.S. Department of Commerce will host the third SelectUSA Investment Summit on June 19-21, 2016 at the Washington Hilton in Washington, DC. For more information, please visit United States is the world’s best place to do business. Our country is home to a skilled and productive workforce, unmatched institutions of higher education, strong intellectual property protections, a commitment to innovation, an abundant and stable energy supply, and access to millions of global consumers through high-quality free trade agreements. For these reasons and more, CEOs from around the world have ranked the U.S. as the number one place to invest for three years in a row.

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  • Tue, 06 Oct 2015 20:28:47 +0000: Pre-Application Conference for Fiscal Year 2016 MBDA Business Center Solicitation (29 Centers) - MBDA Syndicated News Feed

    Prospective applicants for the MBDA Business Center program competition are encouraged to participate in a Pre-Application Conference scheduled for Thursday, October 15, 2015 at 2:00 p.m., Eastern Time

    During the Pre-Application Conference, potential applicants will be provided with a background and summary of the MBDA Business Center program. This will also be an excellent opportunity for prospective applicants to ask questions regarding the program and the application process.

    The Pre-Application conference will be conducted as a teleconference and webinar.

    Registration is required to participate.

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