MBDA JUNE UPDATE: MBDA & Amazon, MED Week and Buy MBE Day, Save the Dates, Grants, and more!

Minority Business Development Agency sent this bulletin at 06/17/2021 12:00 PM EDT

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Minority Business Development Agency

THE MBDA UPDATE

News for MBDA Stakeholders
June 2021

Amazon Commits $150 Million to Empower Black Entrepreneurs

Amazon Business

Black-owned businesses are significant contributors to the economic vitality of U.S. communities. MBDA is proud to collaborate with Amazon on its Black Business Accelerator. Learn more at amazon.com/bba.

 

For more on how MBDA and Amazon partner, visit the FAQs on www.mbda.gov/page/minority-business-and-technology-initiative.

Notice of Funding Opportunity: MBE Equity Multiplier Project

MBE Equity Multiplier

The project will support entrepreneurship and accelerate MBE growth through technical assistance for equity investment. The primary drivers of the MBE Equity Multiplier Project are: 1. Capacity building and venture capital readiness; 2. Increasing access to equity and venture investment and investors; 3. Technical business services; and 4. Job creation. One (1) award in the amount of $300,000 is anticipated. Submissions are

For additional details and to start you submission, visit: www.mbda.gov/grants.

Notice of Funding Opportunity: American Indian, Alaska Native, and Native Hawaiian Project

AIANNH

The drivers of the AIANNH projects are job creation and retention and economic impact for Tribal communities. The grant opportunity invites innovative proposals that support one or more of the following AIANNH strategic initiatives: 1. Innovation and entrepreneurship; 2. Strategic planning; and/or 3. Transformative projects. Thirteen (13) awards in the amount of $3.9 million is anticipated.

Additional qualifying information can be found on: www.mbda.gov/grants.

Save the Date!

 

EWOC Save the Date July 14

Caring For Yourself and Your Business

Join us for the Enterprising Women of Color (EWOC) Summer Forum featuring discussions on creating a financially fit business model and making self-care a priority for business success. The event will also feature a listening session about thriving in the Care Economy for businesses in daycare, home healthcare, elder care, and other care work services. 

Visit www.mbda.gov/enterprising-women-of-color for updates on the event and other EWOC resources. 

Technology Transfer & Small Business Innovation Research

InVision Tour July Event

2021 National MED Week & Buy MBE Day

MED Week & Buy MBE Day

Since 1983, MBDA has led the National Minority Enterprise Development Week (MED Week) observance to recognize the achievements and economic contributions made by Minority Business Enterprises (MBEs).  This year’s MED Week celebration will culminate with the 2nd Annual Buy MBE Day on Saturday, September 25, 2021!

For additional 2021 National MED Week and Buy MBE Day details, www.mbda.gov/medweek-2021. 

Success Story: CARBRA Construction and Design, Inc. 

Betty Price & CARBRA

CARBRA Construction and Design, Inc. is a minority- and woman-owned general contracting company in downtown Columbia, SC. An entrepreneur for over 16 years, Betty Price, President and CEO, recognized that her company was not always getting the construction opportunities other businesses got. In the 90% male-dominated industry, women often find it difficult to get the same opportunities as their male counterparts, but not only has Betty met the challenge, with the assistance of the SC MBDA Business Center, she has thrived in CARBRA’s 16-year history.

For more on Betty and CARBRA's success, visit, here.