Project Grant MB23OBD8050346

Award Date 9/1/23
Completion Date 8/31/24
Dollars Obligated $1.5M
Federal Grant Program
11.805
Assistance Type
Project Grant
Place of Performance
Washington, DC 20006, USA
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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

Posted 9/17/23, 12:00 AM