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 $867,365 under the MBDA Business Center cooperative agreement to Pacific Asian Consortium In Employment (PACE) from July 1, 2022 to June 30, 2023.

Under this award, PACE will provide technical assistance, training, education, and advisory services to minority business enterprises to prevent, prepare for, and respond to effects of the COVID-19 pandemic. Performance metrics include the number of minority businesses assisted, informed of COVID-19 assistance programs, and applications submitted to such programs with PACE support. PACE will also track awards received and business size of minority firms aided.

This funding advances the MBDA's mission to promote minority business development through its MBDA Business Center program (CFDA #11.805).

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