Minority Business Development Agency

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.^[1]

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.

History

On March 5, 1969, Richard Nixon wrote Executive Order 11458, establishing the Office of Minority Business Enterprise. In 1979, the agency was renamed the Minority Business Development Agency.

Ronald N. Langston, was appointed the MBDA National Director by United States President George W. Bush on March 19, 2001.

David A. Hinson was appointed the MBDA National Director by President Barack Obama in July 2009.

See also

• Title 15 of the Code of Federal Regulations

References

Resources

Alkalimat, Abdul. The African American Experience in Cyberspace. Pluto Press, 1994.

External links

• Minority Business Development Agency website
• Minority Business Development Agency in the Federal Register

Agencies under the United States Department of Commerce Headquarters: Herbert C. Hoover Building Penny Pritzker, Secretary of Commerce Bruce H. Andrews, Deputy Secretary of Commerce Deputy Secretary of Commerce Economic Development Administration National Technical Information Service Minority Business Development Agency National Telecommunications and Information Administration Under Secretary of Commerce for Industry and Security Bureau of Industry and Security Under Secretary of Commerce for Economic Affairs Economics and Statistics Administration Bureau of Economic Analysis Census Bureau Under Secretary of Commerce for International Trade International Trade Administration Under Secretary of Commerce and Administrator for NOAA National Oceanic and Atmospheric Administration National Oceanic and Atmospheric Administration Commissioned Corps Under Secretary of Commerce for Standards and Technology National Institute of Standards and Technology Under Secretary of Commerce for Intellectual Property Patent and Trademark Office