MBDA announced the deployment of $10 million in CARES Act funding

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On June 22, 2020, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) announced the deployment of $10 million in CARES Act funding to the network of MBDA Business Centers and national minority chambers of commerce.

• The grants will be used for education, training, and advising small and minority business enterprises in their recovery from the effects of the COVID-19 crisis.

o The CARES Act funding was distributed to existing MBDA Business Centers and national minority chambers of commerce who have the infrastructure to provide national coverage and the capacity to implement nationwide programs that reach large quantities of minority business enterprises.

MBDA Awarded Grant Awards to the Following Organizations

• Arizona Hispanic Chamber of Commerce, Inc. (Phoenix, AZ)
• Asian, Inc. (San Jose, CA)
• Asociacion Productos De Puerto Rico, Inc. (Puerto Rico)
• Business Outreach Center Network, Inc. (New York, NY)
• Caldwell & Associates, Inc. (Baltimore, MD)
• California Asian Pacific Chamber of Commerce (Sacramento, CA)
• Capital Region Minority Supplier Development Council, Inc. (Washington, DC)
• Chicago Minority Supplier Development Council, Inc. (Chicago, IL)
• Chicago Minority Supplier Development Council, Inc. (St. Louis, MO)
• City of Tacoma (Tacoma, WA)
• Dallas/Fort Worth Minority Supplier Development Council (Dallas, TX)
• DESA, Inc. (Columbia, SC)
• El Paso Hispanic Chamber of Commerce (El Paso, TX)
• Georgia Tech Research Corporation (Atlanta, GA)
• M. Gill & Associates, Inc. (Miami, FL)
• Metropolitan Economic Development Association (Minneapolis, MN)
• Michigan Minority Supplier Development Council, Inc. (Detroit, MI)
• Mid-South Minority Council TADP Inc. (Memphis, TN)
• National Business League
• National Urban League
• Rocky Mountain Minority Supplier Development Council (Denver, CO)
• So. Cal. Corporate Growth Partners (Pasadena, CA)
• South Bronx Overall Economic Development Corporation (South Bronx, NY)
• The Enterprise Center, Inc. (Philadelphia, PA)
• The National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship
• The University of Texas at San Antonio (San Antonio, TX)
• United States Hispanic Chamber of Commerce
• University of Hawaii Systems (Honolulu, HI)
• USBC Community Economic Development Corporation

Funding is provided over 12-months from June 1, 2020 through May 31, 2021. For more information on MBDA, visit www.mbda.gov.