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) awarded a $639,652 cooperative agreement to the Capital Region Minority Supplier Development Council, Inc. to deliver technical assistance, training, education, and advisory services to minority business enterprises under the MBDA Business Center federal grant program (CFDA #11.805). The award will fund COVID-19 relief efforts from July 1, 2022 through June 30, 2023 to prevent, prepare for, and respond to pandemic impacts on minority-owned businesses. Performance metrics include the number of minority firms assisted, informed of COVID programs, and submitting applications to local, state, and federal relief opportunities resulting from business center support. The award will also track numbers and types of minority businesses aided.

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