The Department of Commerce Minority Business Development Agency awarded a $600,000 Project Grant to The Dannon Project under the Minority Business Resource Development federal grant program (CFDA 11.802) to support an Entrepreneurship Education Program for Formerly Incarcerated Persons. The grant will fund the delivery of entrepreneurship education and training services to formerly incarcerated individuals from September 1, 2022 through August 31, 2023. The program aims to reduce recidivism...
The U.S. Small Business Administration (SBA) has awarded a $1,500,000 Congressional Grants (CFDA 59.059) project grant to Morgan State University in Baltimore, Maryland. The grant funding will support small business development and entrepreneurship initiatives, including programmatic and construction activities, over the period of July 1, 2024 to August 31, 2025. As a historically Black university, Morgan State has a strong track record of leveraging federal funding to broaden participation...
The Minority Business Development Agency (MBDA) awarded Defy Ventures Inc. $587,358 under the MBDA Business Center federal grant program (CFDA #11.805) to support an entrepreneurship education program for formerly incarcerated individuals from September 1, 2022 to August 31, 2023. The grant will fund Defy Ventures Inc. to deliver innovative entrepreneurship training and business development services to help reduce recidivism among formerly incarcerated persons. With high recidivism rates...
The Minority Business Development Agency (MBDA) awarded $1 million under the MBDA Business Center federal grant program (CFDA 11.805) to MP Services LLC on September 1, 2022. The grant will support innovative projects through August 31, 2023 seeking to promote and ensure growth of minority enterprises, with a focus on women entrepreneurs of color. Specifically, the funding will be used to operate one or more business centers that provide technical assistance, counseling, and training to...
The U.S. Small Business Administration (SBA) awarded a $700,000 Congressional Grants Program (CFDA 59.059) project grant to the Morgan State University Foundation, Inc. The grant will provide funding for the foundation to deliver entrepreneurial development services, with a focus on supporting women-owned small businesses through targeted training, counseling, and technical assistance programs. The performance period for this award is from October 1, 2024, to September 30, 2026. The Morgan State...
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...
The Minority Business Development Agency (MBDA) awarded a $533,833 cooperative agreement to the Economic Growth Foundation under the MBDA Business Center program (CFDA 11.805). The funding will support the provision of 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...
The Minority Business Development Agency (MBDA) awarded $2,051,300 under the Minority Business Resource Development program (CFDA 11.802) to the West Philadelphia Enterprise Center through a cooperative agreement beginning September 1, 2021 and ending August 31, 2023. The funding will support the MBDA MBE Equity Multiplier Project, which will provide technical assistance to minority business enterprises related to accessing capital. As the designated organization to operate this MBDA project,...
The Minority Business Development Agency (MBDA) awarded $727,384 under the MBDA Business Center cooperative agreement program to provide technical assistance, training, education, and advisory services to minority business enterprises affected by COVID-19. The Houston Community College System District will deliver these products and services through June 2023 to support minority businesses in addressing the effects of the pandemic. Performance metrics include the number of minority businesses...
The U.S. Department of Education's Office of Postsecondary Education awarded a $3,852,119 Project Grant to Morgan State University in Baltimore, Maryland under the Higher Education Institutional Aid program (CFDA 84.031). This grant, with a performance period from October 1, 2024 to September 30, 2025, aims to transform and strengthen opportunities for minority scholars to excel and flourish in disciplines and professions where minorities are historically underrepresented. The grant will support...