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, including Latino, Asian, and African-American businesses. The current National Director is Alejandra Y. 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