Minority Business Development Agency's acting head on what's next for the 55-year-old agency

  • 📰 AP
  • ⏱ Reading Time:
  • 59 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 51%

Aerospace And Defense Industry Notícia

Insider QA,Business,St. Louis

The Minority Business Development Agency serves the nation’s nearly 10 million minority business enterprises. In March, a federal judge ordered it to start serving people regardless of race. The agency has since made adjustments to give help to all businesses owned by socially or economically disadvantaged people.

that the Minority Business Development Agency, an organization that has helped thousands of minority-owned businesses over the last 55 years, had to begin serving people regardless of race. The agency has since made adjustments to give help to all businesses owned by socially or economically disadvantaged people in obtaining financing and government contracts.

A: MBDA’s mission is to help create an economy that gives every American the opportunity to build a successful business. There remains a $6.3 trillion opportunity gap between minority and non-minority-owned firms. If we are to out-compete the rest of the world and have the strongest, most resilient economy, it is in our national interest to close that gap once and for all.

MBDA, the Department of Commerce, and the Biden-Harris Administration are committed to ensuring that all people in all communities have the resources, access, and opportunities necessary to succeed. We are going to keep fighting to close the opportunity gap and keep pursuing the mission Congress gave us.

Something that has been really motivating to me has been the impact of our Business Centers. Our Missouri Business Center played a major role in helping Kingsway Development secure $62 million in financing to purchase a major residential development at the center of the historically redlined district north of the Delmar Divide in St. Louis. Along with helping to uplift the historically underserved neighborhood, the project is expected to create and retain over 300 jobs.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 728. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Local minority and women-owned business leaders gather for annual conference in RochesterRochester, N.Y. (WHAM) The city is celebrating local minority and women entrepreneurs and community leaders.
Fonte: 13WHAM - 🏆 256. / 63 Consulte Mais informação »

Utah's Brazilian community revives chamber to spur business developmentUtah's Brazilian community is reviving its once-defunct chamber and held a kickoff of sorts featuring Gov. Spencer Cox, Brazilian community leaders and others.
Fonte: KSLcom - 🏆 549. / 51 Consulte Mais informação »

Utah's Brazilian community reviving chamber to spur business developmentUtah's Brazilian community is reviving its once-defunct chamber and held a kickoff of sorts featuring Gov. Spencer Cox, Brazilian community leaders and others.
Fonte: KSLcom - 🏆 549. / 51 Consulte Mais informação »

City committee leaders to talk workforce development, 0% interest loans for small businessSAN ANTONIO - City Committee leaders are taking a look at where San Antonio falls in workforce development.During a regular Economic and Workforce Committee Mee
Fonte: News4SA - 🏆 251. / 63 Consulte Mais informação »

Rochester business stuck in limbo as NY revamps cannabis licensing agencyRochester, N.Y. (WHAM) — A local CAURD license applicant has been waiting for more than a year and a half for approval, as NY announces an overhaul of the Offic
Fonte: 13WHAM - 🏆 256. / 63 Consulte Mais informação »

Real People, Real Business, Real Solutions: the NYC Small Business ExpoAneesa knew what all entrepreneurs know: starting a business anywhere is hard, let alone in New York City. But she also knew where to find help—and that’s
Fonte: amNewYork - 🏆 336. / 59 Consulte Mais informação »