The minority business development agency will use the coronavirus response and relief funding to serve and provide a more comprehensive relief to minority business enterprises to prevent, prepare for,…

The Minority Business Development Agency (MBDA) will provide $524,699 through its MBDA Business Center cooperative agreement to LS Caldwell & Associates Inc. to deliver technical assistance, training, education, and advisory services to minority business enterprises affected by COVID-19. Performance metrics include the number of minority businesses assisted, informed of COVID-19 assistance programs, and submitting applications to such programs with MBDA Business Center support. The agreement's period of performance is July 1, 2021 through June 30, 2022. The MBDA Business Center program, listed under the Department of Commerce's Minority Business Development Agency in the CFDA as number 11.805, aims to promote and ensure growth among minority enterprises through innovative projects.

The minority business development agency will use the coronavirus response and relief funding to serve and provide a more comprehensive relief to minority business enterprises to prevent, prepare for, and respond to effects of covid-19. Such assistance will include technical assistance, training, education, and advisory services to minority business enterprises. The performance goals and metrics include: number of minority business enterprises affected by covid-19 that are assisted by the business center; number of minority business enterprises informed and/or referred by the business center to covid-related local, state, and federal government assistance programs; number of MBE applications submitted to local, state, and federal government assistance programs as a result of business center assistance; number of awards issued by local, state, and federal programs to minority business enterprises assisted by the business center; and number and type (small, medium, large, ) of minority business enterprises affected by covid-19, in economically distressed areas, assisted by the business center.