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

United States Department of Agriculture: Rural Development
USDA Rural Development is an agency that is operating under the United States Department of Agriculture. The primary goal of the USDA RD is to assist in the improvement of the economy and quality of life in rural areas located in the United States.

---

Getting Started on your Government Grant
Most people in the United States are either unaware of, or biased against, government grants. They feel that applying for a grant involves too much red tape, and there is the popular myth that there are always strings attached. In reality, getting government grants is easy, and there...

---

7 Steps Towards Choosing The Perfect College
In most instances, the problem doesn't stop with finances. Students often find it hard to choose the right school for them, pick the course that best suit their needs and abilities.

---

Grants and Loans From The Department of Energy
In 1977, the President of the United States of America signed the The Department of Energy Organization Act which mandated the creation of the United States Department of Energy, which more commonly known as DOE.

---