Enterprising women of color - as part of the administration's focus on empowering women, mbda is seeking to promote minority entrepreneurs, with a focus on women entrepreneurs, to become engines of…
Ended Project Grant Awarded Last action
- Award ID
- MB23OBD8050339
- Recipient
-
Washington Area Community Investment Fund, Inc. UEI S6MSQBRZ3KT8
- Awarding agency
-
National Oceanic and Atmospheric Administration
Department of Commerce
- Obligated
- $1,500,000
Award facts
- Assistance listing
- 11.805 MBDA Business Center Program
- Completion date
- Funding agency
- Minority Business Development Agency Department of Commerce
- Place of performance
- Washington, DC 20018, USA
Award details come from USAspending.gov.
Description
Enterprising women of color - as part of the administration's focus on empowering women, mbda is seeking to promote minority entrepreneurs, with a focus on women entrepreneurs, to become engines of economic growth in their communities. Mbda seeks to fund business center(s) with a particular focus on supporting minority women entrepreneurs in the U.S. And its territories to build their businesses, secure contracts and capital, and increase employment opportunities. The primary drivers of the minority business center - enterprising women of color are: (i) capacity building, and (II) job creation/retention resulting from facilitating contracts and financing for medium-sized minority businesses. Mbda centers provide technical business services including (but not limited to) the development of a pool of contracts and finance opportunities; direct matching of opportunities with qualified/vetted mbes; relationship management and deal sourcing initiatives (e.g. industry clusters); facilitatin
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $0 | |
| Amendment | $0 | |
| Amendment | $0 | |
| Amendment | $500,000 | |
| Amendment | $500,000 | |
| Original award | $500,000 |
Quick answers
Who received award MB23OBD8050339?
MB23OBD8050339 was awarded to Washington Area Community Investment Fund, Inc. by National Oceanic and Atmospheric Administration (Department of Commerce) on September 1, 2023.
How much is award MB23OBD8050339 worth?
$1,500,000 has been obligated on MB23OBD8050339.
Which agency awarded MB23OBD8050339?
National Oceanic and Atmospheric Administration (Department of Commerce) awarded MB23OBD8050339, with funding from Minority Business Development Agency (Department of Commerce).
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