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Blog

July 15, 2016
Created on July 15, 2016
 

MBDA employees discuss their recent DISC assessments Communication and teamwork are two of the most critical components of any organization, regardless of its mission. Without communication and teamwork, it’s almost impossible to achieve or sustain operational...

MBDA Agency

MBDA Agency

July 15, 2016
Barry Corona

“I’ve always had the drive to be an entrepreneur… Of course, getting here was not easy,” said Barry Corona, the Co-Founder & President of Production Products Manufacturing & Sales Co. Inc., and the Minority Business Development Agency’s (MBDA) July Entrepreneur of the Month. Corona truly exudes the qualities of an entrepreneur and has recognized his capabilities, utilized his resources, and demonstrated an undeniable work ethic to build his company from the ground up. Production Products is a recognized manufacturing company that specializes in medical isolation and CBRN protection...

Entrepreneur of the Month

Entrepreneur of the Month

July 12, 2016
Created on July 12, 2016
 

Shipping containersThe United States and Mexico share a deep, longstanding relationship that goes far beyond diplomatic relations to include extensive commercial, cultural, and educational ties, with over $1.6 billion in two-way...

Global Opportunities and New Markets

Global Opportunities and New Markets

July 6, 2016
Kusum Kavia, President of CAI
Created on July 6, 2016
 

Over the last 9 years, minority-and woman-owned business Combustion Associates Inc. (CAI) has significantly grown their business from a small domestic operation to one that generates the majority of its revenue from exports to sub-Saharan Africa, using financing from the Export-Import Bank of the United States (EXIM).

Established in 1989, the California-based company...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Finance

Export Finance

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Export Expansion

Export Expansion

July 1, 2016
Created on July 1, 2016
 

The ESSENCE Festival is the nation’s largest annual gathering of African American cultural and lifestyle events, unfolding over days in New Orleans, Louisiana.  While renowned for the entertainers and A-List celebrities it features, the Festival has evolved in recent years to also highlight much more than music. And this year, the U.S. Commerce Department and the Minority Business Development Agency (MBDA) are on site...

MBDA Agency

MBDA Agency

July 1, 2016
Created on July 1, 2016
 

Have you ever wondered what it takes to sell your products or services to the federal government? Perhaps you've attended a workshop on doing business with the government at some point in the past. Maybe you even heard about the billions of dollars the U.S. Government spends every year buying goods and services from entrepreneurs just like you.

At this week’s Essence Festival, MBDA is offering panels and...

Procurement Matching, Contracting Opportunities

Procurement Matching, Contracting Opportunities

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MBDA Agency

MBDA Agency

June 30, 2016
Essence Crowd Shot
Created on June 30, 2016
 

Igniting the Inclusive Innovation Movement

As New Orleans prepares to welcome the 22nd Annual Essence Festival, the Crescent City and the state of Louisiana anticipate another economic boon from the expected half a million attendees.  The festival, rooted in celebrating African-American music and culture, has become...

From the Director

From the Director

June 29, 2016
Assess Costs Everywhere
Created on June 29, 2016
 

The Department of Commerce's Assess Costs Everywhere tool (ACE) highlights the hidden costs and risks that manufacturers need to consider when deciding where to locate their operations or supply chains in the United States. 

Since launching ACE in...

Technology and Business

Technology and Business

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Innovation

Innovation

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Conducting Business Online

Conducting Business Online

June 28, 2016
Created on June 28, 2016
 

Throughout our country’s history, innovators have used the patent system to protect their ideas. From Samuel Hopkin's improved process in making potash, an ingredient in fertilizer in 1790, to the patents of the present day, the United States Patent and Trademark Office (USPTO) has evaluated and safeguarded innovation around the world.

The many years of data relating to innovation are all made publicly...

Innovation

Innovation

June 24, 2016
Zaheer Faruqi
Created on June 24, 2016
 

Founded more than 15 years ago, a fast-growing supply company seated in the suburbs of Atlanta, Ga., started selling aircraft parts to commercial airlines and military air forces. The small company of only 35 is now considered one of the best spare parts providers in the world.

Aventure Aviation, nicknamed the ‘AutoZone for airplane supplies’ by its founder and president Zaheer Faruqi, found its humble...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Finance

Export Finance

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Export Expansion

Export Expansion

June 15, 2016
Register Now
Created on June 15, 2016
 

It's important to form relationships on the ground in order to succeed. The Trade Winds--Latin America trade mission can connect you to key leaders, potential partners, and promising opportunities in seven growing markets.

Trade Winds will feature a Latin America business forum in Chile, along with trade mission stops...

Global Opportunities and New Markets

Global Opportunities and New Markets

June 10, 2016
Follow-On to “China Clean Technology – Business Development Mission” from April 2015
Created on June 10, 2016
 

MBDA Associate Director for Business Development Takes Part in Follow-On Trade Mission to China

As he embarks on a trade mission to China, Efrain Gonzalez of the Minority Business Development Agency  (MBDA) looks forward to laying the groundwork for growing numbers of American companies to participate in one of the fastest-growing markets in the world.

“It’s exciting to...

MBDA Agency

MBDA Agency

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Global Opportunities and New Markets

Global Opportunities and New Markets

June 10, 2016
Elliot Park

Elliot Park is a second generation entrepreneur, who we are pleased to announce as the MBDA June Entrepreneur of the Month.  Mr. Park is the CEO of Shine Electronics Co., Inc., which is a wireless telecommunication industry leader that specializes in the reverse logistics of wireless and cell phone products. 

Shine Electronics was founded by Park’s father, Kyu H. Park, in 1974 as a service center that provided high-quality, quick-turn, repairs and refurbishments of costly electronic products to companies, such as Motorola, LG Corporation and U.S. Cellular.  In 2014, the company...

Entrepreneur of the Month

Entrepreneur of the Month

June 8, 2016
Created on June 8, 2016
 

The 2016 A.T Kearney Foreign Direct Investment (FDI) Confidence Index surveyed global executives about their plans for foreign investment, and they ranked the United States at the top for the fourth year in a row. A.T. Kearney also asked executives to identify the two most important factors for deciding where to...

Global Opportunities and New Markets

Global Opportunities and New Markets

June 8, 2016
USA Canada
Created on June 8, 2016
 

The United States and Canada share the world’s largest trading relationship.  The magnitude of the relationship is incredible, accounting for nearly $2 billion in cross border trade each day.  In fact, Canada is the top export market for 35 out of 50 states.  So whether your company is a first-time or seasoned exporter, Canada should be a key component of your overseas growth strategy.

Such deep commercial ties...

Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

June 6, 2016
MBDA Post Award Conference
Created on June 6, 2016
 

It was a family reunion of sorts for nearly 50 Minority Business Development Agency (MBDA) Business Center Operators and Project Directors who traveled from across the United States to attend the 2016 MBDA Post Awards Conference at the U.S. Department of Commerce in Washington, D.C.

The conference is normally held every five years at the start of a new award cycle for the Agency’s funding competition, with the...

MBDA Agency

MBDA Agency

May 26, 2016
AAPI Welcome Signs
Created on May 26, 2016
 

Highlighting the critical nature of their role in America’s global economic position, the U.S. Commerce Department launched the first-ever Asian-American Pacific Islanders (AAPI) Business Summit May 25.

Co-hosted by the Minority Business Development Agency (MBDA) at the Commerce Department, and White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI), the day-long event drew more than 200...

Innovation

Innovation

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MBDA Agency

MBDA Agency

May 26, 2016
Created on May 26, 2016
 

There has recently been an overwhelming spike in attention to the lack of diversity in the innovation economy in the United States. Unfortunately, it is common to see this string of words illuminated under a negative light. For the past several years, industries that are the economic drivers for growth in the United States have made up the innovation economy.

In fact, in 2016 the term “economy” could also be...

Innovation

Innovation

May 26, 2016
Created on May 26, 2016
 

Felicia Pullam is the Director of Outreach for SelectUSA.

The countdown to the 2016 SelectUSA Investment Summit begins today! In four weeks, June 19-21, President Barack Obama will welcome economic developers from across the country and companies from around the world to Washington, D.C. The SelectUSA...

Global Opportunities and New Markets

Global Opportunities and New Markets

May 17, 2016
  THE CASE FOR INCLUSIVE INNOVATION: MINORITY ENTREPRENEURSHIP AND AMERICA’S ECONOMIC FUTURE BY: ALEJANDRA CASTILLO, NATIONAL DIRECTOR, MINORITY BUSINESS DEVELOPMENT AGENCY  “If our nation is to remain globally competitive, we must leverage and
Created on May 17, 2016
 

Featured in the National Urban League 2016 State of Black America

What images come to mind when you read the words “innovation” and “entrepreneurship”?

If your primary points of reference are popular media or trade press, you might envision a fresh-faced 20-something-year-old on the leafy campus of a private university...

Innovation

Innovation

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From the Director

From the Director

May 17, 2016
watch the video

Watch the DOC Talks

Joann Hill, Chief of MBDA's Office of Business Development and Alika Kumar, Project Director of the Phoenix MBDA Business Center jointly participated in the Department of Commerce's first ever DOC Talks. Together, they gave a talk entitled "Minority Business Enterprise Parity for National Economic Prosperity."

Their unique storytelling approach gave real examples of...

MBDA Agency

MBDA Agency

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Innovation

Innovation

May 16, 2016
U.S. Export Growth to FTA Countries  versus Rest of World, 2009 - 2015
Created on May 16, 2016
 

Free Trade Agreements (FTA) are an important tool to our nation’s economic growth and prosperity. As you know, an FTA is an agreement between two or more countries regarding certain obligations and protections in areas such as trade in goods and services, intellectual property, and investment. FTA objectives include the reduction of barriers to U.S. exports, protection of U.S. interests, and enhancement of the rule of...

Global Opportunities and New Markets

Global Opportunities and New Markets

May 13, 2016
Archie Williamson

This month, the Minority Business Development Agency (MBDA) is proud to introduce Archie Williamson, founder and managing director of Diversified Systems, Inc. (DSI), as the May Entrepreneur of the Month. Archie truly exemplifies the entrepreneurial spirit, having launched his management consulting firm more than 25 years ago with just $3,000 and a credit card. Today, DSI provides services in 10 states and the District of Columbia, with headquarters in Columbus, Ohio.

Archie’s journey as an entrepreneur began at the age of 10 where he delivered newspapers and cut neighbors’ lawns....

Entrepreneur of the Month

Entrepreneur of the Month

May 11, 2016
MBDA Showcases the Importance of Inclusive Innovation at the 2016 Federal Laboratory Consortium (FLC) Conference
Created on May 11, 2016
 

MBDA recently attended the 2016 Federal Laboratory Consortium (FLC) National Meeting in Chicago, Illinois for the second year in a row. Touted as one of the most premier annual events in the technology transfer community, this year’s theme “From Discovery to Commercialization,”  focused on  collaboration between federal labs, private industry stakeholders and the American business community to move...

Innovation

Innovation

May 10, 2016
Created on May 10, 2016
 

Trans-Pacific Partnership logoU.S companies have a brand new resource available to them with the recently released Trans-Pacific Partnership Opportunities by Market report from...

Export Basics

Export Basics

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Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

May 10, 2016
Created on May 10, 2016
 

...

Global Opportunities and New Markets

Global Opportunities and New Markets

May 10, 2016
HANNOVER MESSE
Created on May 12, 2016
 

The Minority Business Development Agency's (MBDA) participation in Hannover Messe 2016 has been an extraordinary experience. With the U.S. participating as the partner country, the U.S. Department of Commerce and Select USA undertook the enormous challenge of ensuring that American businesses and opportunities were front and center for anyone interested in...

Hannover Messe

Hannover Messe

May 4, 2016
Created on May 4, 2016
 

To cap off National Small Business Week, President Obama and senior Administration officials will join Business Forward’s nationwide network of business leaders to discuss the role of small business in growing the American economy. The discussion will focus on key economic initiatives, including the Trans-Pacific Partnership.

In addition to hearing from the President, business leaders from across the country will...

Global Opportunities and New Markets

Global Opportunities and New Markets

May 4, 2016
World Trade Month
Created on May 4, 2016
 

Every year, World Trade Month—designated for the month of May—gives us the opportunity to acknowledge the importance of global trade, and look back at the economic advancements we have made as a result. This World Trade Month, we can look back and appreciate the success we have accomplished.

In 2015, our exports totaled $2.23 trillion, we increased our exports to 58 international markets, and we achieved record...

Global Opportunities and New Markets

Global Opportunities and New Markets

May 3, 2016
Created on May 3, 2016
 

On May 2, 2016, U.S. Economic Development Administration (EDA) opened the application period for NACIE’s 2016-2018 term. Applications are due by 11:59pm Eastern Time on June 1, 2016. NACIE supports Federal innovation strategy by advising the Secretary of Commerce on policies and programs that foster entrepreneurship and by identifying new ways to...

Interagency

Interagency

April 29, 2016
Created on April 29 , 2016
 

What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave?

The 28 million small businesses that propel our economy forward and define our national entrepreneurial spirit.

To be American is to have the freedom to innovate, take risks...

Starting a Business

Starting a Business

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Procurement Matching, Contracting Opportunities

Procurement Matching, Contracting Opportunities

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Interagency

Interagency

April 29, 2016
Created on April 29, 2016
 

Money Smart for Small Business (MSSB) provides a practical introduction to topics related to starting and managing a business. Developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA), this instructor-led curriculum consists of 13 modules (download the MSSB Flyer). FDIC and SBA...

Financial Education

Financial Education

April 29, 2016
Policy Round Table
Created on April 29, 2016
 

This week at Hannover Messe, the largest industrial trade fair in the world, we see abundant evidence that global business is booming.  The fair features more than 6,500 exhibitors, and draws 250,000 visitors to explore innovations in energy, digital factory, industrial automation, industrial supply, and research and technology from leading companies. For the first time since the fair’s founding in 1947, the United...

Hannover Messe

Hannover Messe

April 28, 2016
Janice Bryant Howroyd
Created on April 29, 2016
 

Ed. note: This post is part of a series highlighting the upcoming Hannover Messe Trade Show April 25—29, 2016. This series will highlight U.S. minority-owned business that will join the MBDA Hannover Messe delegation.

At World’s Largest Industrial Trade Fair, ACT—1 Group Expands European Footprint

...

Hannover Messe

Hannover Messe

April 28, 2016
Wilfredo A. Reyes Miller
Created on April 29, 2016
 

Ed. note: This post is part of a series highlighting the upcoming Hannover Messe Trade Show April 25—29, 2016. This series will highlight U.S. minority-owned business that will join the MBDA Hannover Messe delegation.

RMiller Consulting Global Advisors Finds Growth Opportunities

...

Hannover Messe

Hannover Messe

April 22, 2016
Sanchez
Created on April 22, 2016
 

Ed. note: This post is part of a series highlighting the upcoming Hannover Messe Trade Show April 25—29, 2016. This series will highlight U.S. minority-owned business that will join the MBDA Hannover Messe delegation.

SANA International Commerce, Inc. is an international company that facilitates the global acquisition of materials for...

Hannover Messe

Hannover Messe

April 21, 2016
Amar Kapur
Created on April 21, 2016
 

Ed. note: This post is part of a series highlighting the upcoming Hannover Messe Trade Show April 25—29, 2016. This series will highlight U.S. minority-owned business that will join the MBDA Hannover Messe delegation.

Headquartered in Auburn, Massachusetts, Aimtek, Inc....

Hannover Messe

Hannover Messe

April 20, 2016
Adam Garfein, Ph. D.
Created on April 20, 2016
 

Ed. note: This post is part of a series highlighting the upcoming Hannover Messe Trade Show April 25—29, 2016. This series will highlight U.S. minority-owned business that will join the MBDA Hannover Messe delegation.

Menawat & Co. works with businesses in manufacturing and service industries...

Hannover Messe

Hannover Messe

April 19, 2016
Created on April 19, 2016
 

The Department of Commerce is excited to announce that we are actively seeking candidates to serve on the U.S. Travel and Tourism Advisory Board (Board).  The Board, established in 2003, serves as the advisory body to the Secretary of Commerce on matters relating to the travel and tourism industry in the United States.  The Board provides recommendations to the Secretary of Commerce and agencies that are part of the...

Interagency

Interagency

April 18, 2016
Created on April 18, 2016
 

Earlier today, the International Trade Administration (ITA) released seven new Top Markets Reports to provide the latest assessment of export opportunities for U.S. companies that attend the world’s largest annual trade show for industrial technology: Hannover Messe 2016.

The Top Markets series is a collection of sector-specific reports that are designed to help U....

Global Opportunities and New Markets

Global Opportunities and New Markets

April 18, 2016
Tariff Tool
Created on April 18, 2016
 

With the launch of the Free Trade Agreement (FTA) Tariff Tool in 2011, the International Trade Administration (ITA) provided a first-of-its-kind way for U.S. businesses to calculate the tariff benefits for their products in U.S. free trade agreement partner countries. ITA has now expanded that tool to include tariff information for the 11 countries that...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Finance

Export Finance

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Export Expansion

Export Expansion

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Export Basics

Export Basics

April 15, 2016
Created on April 15, 2016
 

EDA plans to release the Federal Funding Opportunity (FFO) and begin accepting applications for the 2016 round of Regional Innovation Strategies (RIS) Programfunding on April 25, 2016; the application period will be open for 60 days.  In this 2016 round, a total of $15 million in Federal funding is...

Innovation

Innovation

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Interagency

Interagency

April 13, 2016

Earlier this month, the Department of Commerce established the United States Investment Advisory Council (IAC). This council will serve as a key conduit for stakeholder input on how best to support U.S. economic growth through the attraction and retention of foreign direct investment (FDI).

This Council will consist of no more than 20 members appointed by the Secretary of Commerce. Each IAC member will serve for a two-year period and the Council will convene twice a year. The mission of the IAC is simple but important for job creation in the United States. The IAC shall:...

Interagency

Interagency

April 13, 2016
Register Now For the Upcoming Federal Lab Consortium 2016 National Meeting
Created on April 13, 2016
 

Register Now For the Upcoming Federal Lab Consortium 2016 National Meeting

In today’s fast-paced economy, many...

Technology and Business

Technology and Business

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Innovation

Innovation

April 6, 2016
Ron Shahani, Acro Service Corporation

We’re proud to announce the April 2016 Entrepreneur of the Month: Ron Shahani, president of Acro Service Corporation. Acro is one of the nation’s largest certified minority business enterprises, providing high-quality personnel and services to organizations of all sizes and industries, including BAE Systems, Northrop Grumman, Johnson & Johnson, Kellogg, Toyota, Ford, NASA, State of New Jersey and many others.

Since opening its doors in 1982, Acro identifies workforce management solutions in information technology (IT), engineering, technical, design, manufacturing, light...

Entrepreneur of the Month

Entrepreneur of the Month

March 29, 2016
From left to right: Darold Hamlin, President and CEO – Emerging Technology Consortium, Ivory Toldson, Ph.D., White House Initiative on Historically Black Colleges and Universities – Department of Education, Diane J. Frasier, Director, Office of
Created on March 29, 2016
 

The National Institutes of Health (NIH) held a symposium on The Path to Sustainability for Historically Black Colleges and Universities (HBCUs) on March 9, 2016 in Rockville, Maryland. The theme of the symposium was "Teaming for Opportunities in Biomedical ‘Big’ Data." The National Director of the Minority Business Development Agency, Alejandra Y. Castillo was on hand to deliver the keynote presentation. ...

MBDA Agency

MBDA Agency

March 28, 2016

This post concludes Tradeology’s three-part series of Tips for Trade Show Success. Read part one and part two to get even more helpful tips!

Follow-up dos and don’ts

The trade show has ended and you are excited to follow up on all the leads generated at the show. Here are some tips to help make your time and investment at the show pay off:

Businessman Brainstorming...

Global Opportunities and New Markets

Global Opportunities and New Markets

March 28, 2016
Start your nomination today!

The MBDA National MED Week Awards Program is designed to celebrate and recognize the outstanding achievements of minority entrepreneurs, as well as individuals and organizations that have demonstrated leadership and commitment in advancing global minority business enterprise.

Start your nomination today!

Deadline for Receipt of All Nominations: May 6, 2016

MED Week

Minority Enterprise Development Week

March 24, 2016

In the early morning of March 5, 1969, President Richard M. Nixon emerged from the private residence of The White House and received his daily schedule.  As usual, it was packed with ceremonial events and meetings concerning governance.

Tucked between a 7am breakfast with NSA Assistant Director Henry Kissinger, and a lunch-hour meeting with Urban Affairs Assistant, Daniel Patrick Moynihan, President Nixon had an event with a very long title:

“Creation of the Office of Minority Business Enterprise and [signing] the Executive Order, ‘Prescribing Arrangements for...

MBDA Agency

MBDA Agency

March 23, 2016

Here are a couple of cheats for looking approachable without being too uncomfortable:

1.    Wear good shoes: it sounds simple but it makes a huge difference and you won’t get caught doing the “trade show shuffle”

2.    Upgrade to the premium carpet padding: your feet will thank you, and some buyers will stop by just to rest their aching feet

3.    Get counter height tables and bar stools: instead of regular height tables and chairs, get a counter height table, drape it so you can’t see behind it, and lean against a bar...

Global Opportunities and New Markets

Global Opportunities and New Markets

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