Minority business growth

Minority Business Enterprises (MBEs) are fast-growing, innovative, and represented in every industry sector in the United States. Minority-owned firms directly contribute to the U.S. economy and account for the creation of millions of U.S. jobs.

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U.S. Secretary of Commerce Concludes Successful 2018

Press releases
The U.S. Department of Commerce was hard at work this year protecting American trade and security interests, reforming outdated government practices, planning the critical decennial census, providing crucial weather information to protect lives and property, stewarding the Nation’s marine resources, in addition to supporting minority and community economic development, among countless other vital...

U.S. Secretary of Commerce Announces Minority Business Development Agency Grant Awards

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Minority Business Development Agency (MBDA) of the Department of Commerce awarded over $13 million to 35 projects in communities across the country. The grants, which are part of MBDA’s new Broad Agency Announcement initiative, reflect critical Department of Commerce priorities including space commerce, aquaculture, disaster relief...

Celebrate and Support Small Businesses

Saturday, November 24, 2018 is Small Business Saturday® – a day to celebrate and support small businesses and all they do for their communities. Please join the SBA and organizations across the country in supporting your local small business by shopping at a small business. How You Can Participate For shoppers Find participating small businesses in your area For small business owners Get advice on...

U.S. Secretary of Commerce Announces Henry Childs, II as National Director of the Minority Business Development Agency

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that Henry Childs, II will be the new National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). Mr. Childs will be the 17th National Director of the agency. Established by an Executive Order in 1969, MBDA is the only Federal agency solely dedicated to the growth and global competitiveness of U.S...

Spotlight on Commerce: Jennifer Rimbach, Access to Capital Business Development Specialist, Minority Business Development Agency (MBDA)

Ed. note: This post is part of the Spotlight on Commerce series highlighting the contributions of Department of Commerce employees in honor of Asian American and Pacific Islander (AAPI) Heritage Month. Guest blog post by Jennifer Rimbach, Access to Capital Business Development Specialist, Minority Business Development Agency (MBDA) I’ve never been a fan of labels. Perhaps that’s why it wasn’t...

Honoring Our Nation’s Veteran Entrepreneurs

The Minority Business Development Agency (MBDA) recently honored minority-owned businesses in Detroit during Minority Enterprise Development (MED) Week. At this year’s event, they launched a new award honoring the Minority Veteran-Owned Firm of the Year – which was bestowed upon Army veteran Bede Ramcharan, President & CEO of Indatatech, of San Antonio, Texas. Ramcharan is a retired Army colonel...

Tax Reform Means Better Business for America

Yesterday, U.S. Commerce Secretary Wilbur Ross joined President Donald J. Trump at a White House event honoring the 2017 winners of the National Minority Enterprise Development Week Award. During the event, both President Trump and Secretary Ross addressed how the Unified Framework for Tax Reform will help bring back the competitive edge for American businesses and industries, allowing American...

Commerce Secretary Ross Addresses Importance of Tax Reform in Empowering Minority-Owned Businesses

U.S. Commerce Secretary Wilbur Ross yesterday addressed minority businesses from across the country and stressed the need for tax reform in advancing economic growth, empowering small business owners and bringing more jobs back to the U.S. During a keynote address to the Minority Business Development Agency’s Minority Enterprise Development (MED) Week, Secretary Ross reaffirmed the Administration...

Commerce Secretary Ross Kicks Off Hispanic Heritage Month, Stresses Need for Tax Reform

Last week, U.S. Commerce Secretary Wilbur Ross kicked off National Hispanic Heritage Month and stressed the commitment by the U.S. Commerce Department and the Trump Administration to the long-term economic growth of the Hispanic business community. During his address at The Latino Coalition’s Capturing the Momentum Summit, he outlined the importance of the minority business community to the U.S...

U.S. Department of Commerce’s Minority Business Development Agency Hosts 2017 National AAPI Business Summit

Earlier this week, the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) and the National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE) hosted the National Asian American Pacific Islander (AAPI) Business Summit at the Department of Commerce. The event recognized Asian-American and Pacific Islander (AAPI) Heritage Month, an annual...