The Minority Business Development Agency (MBDA) promotes the ability of minority business enterprises (MBE) to grow and to participate in the global economy through a range of activities that include funding a network of centers that provide MBEs a variety of business assistance services. Through its direct federal client services and its network of funded centers, MBDA: (1) fosters the expansion of opportunities for minority-owned businesses in the global marketplace; (2) identifies sources of financial capital for minority-owned firms; (3) develops and upgrades electronic tools to provide access to growth markets through automated matching of MBEs to public and private sector opportunities; (4) provides management and technical assistance to minority-owned businesses; and (5) advocates for the increased use of electronic commerce and new technologies by MBEs.
In FY 2015, MBDA will continue to support the national growth and expansion of minority-owned U.S. businesses, with additional focus on minority business enterprise advanced manufacturing and export activity. This additional focus on minority-owned advanced manufacturing and export business activity reflects Department of Commerce strategic priorities for FY 2015.
MBDA will also continue to develop additional avenues by which it can leverage its resources while expanding the availability of services to MBEs. This includes the use of the Internet to establish information clearinghouses and national referral centers for minority-owned businesses of any size, which will provide a wider access to public and private business development resources. MBDA will also expand its automated matching capabilities related to all forms of contracting opportunities. MBDA will continue to rely on its nationwide network of funded centers to provide management and technical assistance, contract opportunities, and financial transactions for businesses that are minority-owned.
Summary of Appropriations |
||||
|
2013 |
2014 |
2015 |
Increase |
Appropriation |
$27,472 |
$28,000 |
$28,286 |
$286 |
FTE |
50 |
70 |
70 |
0 |
Highlights of Budget Changes
Appropriation: Minority Business Development
Summary of Requirements
|
Detailed |
Summary |
||
|
FTE |
Amount |
FTE |
Amount |
2014 Enacted |
|
|
70 |
$28,000 |
2014 Pay raise |
$29 |
|
|
|
2015 Pay raise |
89 |
|
|
|
Civil Service Retirement System (CSRS) |
1 |
|
|
|
Federal Employees' Retirement System (FERS) |
123 |
|
|
|
Thrift Savings Plan |
5 |
|
|
|
Federal Insurance Contributions Act (FICA/OASDI) |
25 |
|
|
|
Health insurance |
17 |
|
|
|
Rent payments to GSA |
38 |
|
|
|
HCHB Electricity |
(9) |
|
|
|
HCHB Water |
8 |
|
|
|
HCHB Steam |
(3) |
|
|
|
NARA |
1 |
|
|
|
Other services: |
|
|
|
|
General Pricing Level Adjustment |
|
|
|
|
Transportation of things |
2 |
|
|
|
Other services |
21 |
|
|
|
Subtotal, Other Cost Changes |
|
0 |
561 |
|
TOTAL, ADJUSTMENTS TO BASE |
|
0 |
561 |
|
2015 Base |
|
70 |
28,561 |
|
Inflationary Adjustment |
|
0 |
(275) |
|
2015 APPROPRIATION |
|
70 |
28,286 |
Comparison by Activity
|
2014 Enacted |
2014 Enacted |
2015 Estimate |
Increase / Decrease |
||||
DIRECT OBLIGATIONS |
FTE |
Amount |
FTE |
Amount |
FTE |
Amount |
FTE |
Amount |
Minority Business Development |
70 |
$28,000 |
70 |
$28,561 |
70 |
$28,286 |
0 |
($275) |
TOTAL DIRECT OBLIGATIONS |
70 |
28,000 |
70 |
28,561 |
70 |
28,286 |
0 |
(275) |
REIMBURSABLE OBLIGATIONS |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
TOTAL OBLIGATIONS |
70 |
28,000 |
70 |
28,561 |
70 |
28,286 |
0 |
(275) |
FINANCING |
|
|
|
|
|
|
|
|
Unobligated balance, start of year (Direct) |
|
|
|
|
|
|
|
|
Offsetting collections from: |
|
|
|
|
|
|
|
|
Federal funds |
|
0 |
|
|
|
0 |
|
|
Subtotal, financing |
0 |
0 |
|
|
0 |
0 |
|
|
TOTAL BUDGET AUTHORITY/ APPROPRIATION |
70 |
28,000 |
|
|
70 |
28,286 |
|
|
Highlights of Program Changes
|
Base |
Increase/Decrease |
||
|
FTE |
Amount |
FTE |
Amount |
Inflationary Adjustment |
70 |
$28,561 |
0 |
-$275 |
MBDA has $561,000 in adjustments-to-base (ATBs) and requests funding of $286,000 to partially cover these costs. The remaining $275,000 will be offset by managing on-going administrative savings, managing the backfilling of vacated positions due to attrition, and carefully monitoring all travel and training.
Performance Indicators
(Dollars reflects obligations in Millions and includes reimbursable amounts)
The following table shows the Indicators that MBDA uses to gauge its performance. A more detailed description of these
Indicators may be found in the MBDA section of the Department of Commerce budget.
|
2013 Actual |
2014 Enacted / Targets |
2015 Estimate / Targets |
||
TOTAL FUNDING |
$27.5 |
$28.0 |
$28.3 |
||
Goal: Trade and Investment Department of Commerce Strategic Objective 1.2: Increase U.S. exports by broadening and deepening the U.S. exporter base |
|||||
Dollars leveraged through contract and financing awards by minority business enterprise export activity | NA | NA | $ 28M | ||
Number of job opportunities created or retained incident to minority business enterprise export activity | NA | NA | 1,000 | ||
Goal: Innovation Department of Commerce Strategic Objective 2.2: Increase the capacity of U.S. regional economies to accelerate the production of value-added goods and services by providing services to and investments in businesses and communities |
|||||
Dollar value of contract awards leveraged incident to minority business enterprise advanced manufacturing activity |
$ 1B |
||||
Dollar value of financial awards leveraged incident to minority business enterprise advanced manufacturing activity |
$ 50M |
||||
Number of new job opportunities created or retained incident to minority business enterprise advanced manufacturing activity |
2,500 |
||||
MBDA Performance Goal |
|||||
Dollar value of contract awards to minority business enterprises |
$3.2B |
$2.0B |
$2.0B |
||
Dollar value of financial awards obtained |
$1.6B |
$1.0B |
$1.0B |
||
Number of new job opportunities created |
10,931 |
7,500 |
7,500 |
» Download U.S. Department of Commerce’s Fiscal Year 2015 budget request.
» Download MBDA Budget in Brief