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The Minority Business Development Agency (MBDA) would like to welcome Eric Morrissette, the Chief of Staff to the Deputy Secretary of Commerce to MBDA where he will be performing the non-exclusive functions and duties of the Under Secretary of Commerce for Minority Business Development. Mr. Morrissette will lead MBDA in its service of the Nation’s minority-owned and underserved businesses. In Eric Morrissette’s pervious role as the Deputy Assistant Secretary for Legislative and Intergovernmental Affairs, he successfully aided to pass the Minority Business Development Act of 2021 making MBDA a permanent Agency.
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Roosevelt Holmes currently serves as the Deputy Chief of Staff at the Minority Business Development Agency. Prior to this appointment, he served as Senior Advisor in the White House Office of the National Cyber Director. He came to the Office of the National Cyber Director from the U.S. Department of Commerce where he served as Deputy Director of the Office of the Business Liaison.
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Laura Aum is currently a Senior Advisor at the Minority Business Development Agency. Laura has had various leadership roles in the federal government and is passionate about economic equity for all communities and delivering results. She most recently served as the Acting Director at the Office of Small and Disadvantaged Business Utilization (OSDBU) for the U.S. Department of Commerce, ensuring that small business concerns receive their fair share of federal procurement dollars. |
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We would like to celebrate our Missouri MBDA Business Center, on their success with their client, Kevin Bryant of Kingsway Development. Mr. Bryant has acquired over $78 million in public and private funding for the revitalization of 207 acres of the Kingsway District in St. Louis, MO. He is helping to lead the economic revival of a historically redlined neighborhood north of the Delmar Divide. We are pleased that MBDA’s customized business development and industry-focused services opened Kingsway Development to greater access to capital, contracts, and construction partners.
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The Capital Readiness Program connects the Nation’s minority and underserved entrepreneurs with capital to launch and grow their businesses. Through this program, MBDA has launched 43 incubators and accelerators designed specifically to service underserved entrepreneurs. Incubators help newer businesses and start-ups, while accelerators help emerging businesses who are ready to take the next step. The primary purpose of the Capital Readiness Program is to prepare entrepreneurs to secure capital from the Department of Treasury’s State Small Business Credit Initiative (SSBCI), which is a $10 billion capital and technical assistance fund for America’s small businesses. MBDA is making history, as the Capital Readiness Program is the largest-ever Federal investment of its kind in technical assistance for small, minority, and underserved businesses.
For More information about the Capital Readiness Program and to contact an incubator or accelerator near you, click the "Learn More" button below.
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Join us for a virtual webinar where we will bring MBDA’s equities together to discuss the programs and services they offer to assist entrepreneurs in growing and scaling their businesses. More specifically, this event will provide participants with knowledge and tools to make informed decisions, including understanding market trends, accessing capital, analyzing financial data, negotiating contracts, and evaluating different business strategies. Representatives from MBDA’s Leadership Team, Business Centers, Enterprising Women of Color program, Capital Readiness Program, and Federal Procurement Center will help MBEs to use MBDA’s tools and resources to learn how to stay abreast of industry trends, embrace change, and develop creative solutions to challenges, fostering success and a culture of innovation within their businesses.
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TO LEARN ABOUT EVENTS HAPPENING ACROSS THE MBDA NETWORK,
PLEASE SCAN THE QR CODE BELOW!
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