Minority Business Enterprise Centers for Minority-Owned Businesses

by: Iola Bonggay

The Minority Business Development Agency, otherwise known as MBDA, is an agency operating within the United States Department of Commerce that's primarily responsible for the promotion of growth and competitiveness of the country's minority-owned businesses.

The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

The program is also designed to provide a vast range of service to its clients, including initial consultations, and identification and resolution of specific business problems that could somehow lead them towards the right direction, which in their case is towards the improvement and expansion of their business in the marketplace.

In addition, the Minority Business Enterprise Centers will have to provide clients with advice and counseling in the fields of business assessment, strategic business consultancy, access to capital and markets, preparation of financial packages, business planning, information and management, marketing, assistance, engineering, production, identification of probable business opportunities and construction assistance.

  (continued...)

Minority Business Enterprise Centers for Minority-Owned Businesses
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Applying for a Grant

Applying for a Grant - Where and How
Applying for a grant used to be a difficult and tedious process. The applications were long and often difficult to obtain. Even worse, loans used to be difficult to locate. Unless you were extremely ...

---

Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.

---

Grants from the Federal Executive Branch of the Government
In this article, you will learn about the different departments that comprise the Executive branch of the government and how these departments can serve you.

---

How to Apply for a Federal Grant
In this article, we are going to provide you with detailed instructions of how you can flawlessly and successfully submit an application for your preferred funding opportunity.

---