History of the MBDA

As a part of the U.S. Department of Commerce, the Minority Business Development Agency (MBDA) was created specifically to advance the establishment and growth of minority-owned businesses in America. As the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America, the MBDA focuses on the innovative organization committed to the creation of wealth in minority communities.

MBDA vision statement:

The Minority Business Development Agency's vision is to function as an entrepreneurial organization serving entrepreneurs.

MBDA mission statement:

The Minority Business Development Agency's mission is to enhance the growth and expansion of minority business enterprises.