Minority Business Development Agency
|Minority Business Development Agency|
Seal of the Minority Business Development Agency
|Annual budget||US$30 million (2009)
US$32 million ( est. 2010)
US$32 million (est. 2011)
The Minority Business Development Agency (MBDA) is an agency in the United States Department of Commerce that promotes growth and competitiveness of the United States' minority-owned businesses. The current Acting National Director is Alejandra Castillo.
MBDA's stated mission is to actively promote the growth and competitiveness of minority-owned businesses by providing access to capital, access to contracts and access to market opportunities - both domestic and global. The main feature of the organization and its site is to provide business consulting services to minority business owners.
The agency's Fiscal Year 2009 budget is $29,000,000.
David A. Hinson was appointed the MBDA National Director by President Barack Obama in July 2009.
Alkalimat, Abdul. The African American Experience in Cyberspace. Pluto Press, 1994.