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Minority Business Development Agency

Created in 1969 by executive order, the Minority Business Development Agency is the sole federal agency created "to foster the creation, growth, and expansion of minority-owned businesses in America." Along with the Agency's headquarters in Washington, D.C., there are also five regional offices and four district offices that provide assistance to socially or economically disadvantaged individuals. While the Agency has no authority to make grant or loan guarantees to any individual, they are able to help identify external financing sources for various business expenses. From the home page, visitors can read about upcoming seminars, conferences, and workshops sponsored by the MBDA, along with reading about such helpful subjects as e-commerce and free internet courses on how to begin a new business. The publication section here is excellent, as it contains a number of reports on industry topics, such as growth opportunities for minorities in the telecommunications and automotive fields. [KMG]
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Scout Publication
Date of Scout Publication 2003-06-20
Archived Scout Publication URL

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