Commerce Department Announce $6.3 Million Minority Business Grant Competition

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In 2011, the MBDA was instrumental in providing services and assistance to 7, 219 Black-owned businesses. Those firms were able to obtain contracts and investments valued at $5.5 billion.

The MBDA business centers’ aim is to provide consulting services to minority-owned businesses in order to spark job development and to also keep those currently employed in their positions. Additionally, the centers help increase contracts and investments obtained by the businesses and firms. For those applicants who are selected for this expanded round of grants, it is the MBDA’s expectation that those individuals will focus attention on global business interests as well.

On June 4, 2013, MBDA will host a pre-application conference call in order to provide a background of the agency’s Business Center program.

Learn more about the MBDA program, here.

SEE ALSO: Expert: Black Unemployment Compounded By White Favoritism During Hiring

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Originally seen on http://newsone.com/

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