Join MBDA Network to Create Jobs and Grow Minority-Owned Enterprises

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    Dec. 12, 2011 17:49 UTC

    Join MBDA Network to Create Jobs and Grow Minority-Owned Enterprises

    Grant Competition for Three MBDA Business Centers Announced

    WASHINGTON–(BUSINESS WIRE)–
    The Minority Business Development Agency (MBDA) today announced a
    competitive solicitation for applications from prospective candidates to
    operate a MBDA Business Center in three distinct areas of the United
    States: Houston, TX, the State of Louisiana, and either the State of
    Mississippi or the State of Tennessee. The successful applicants will
    join a network of more than 35 MBDA Business Centers across the United
    States, District of Columbia and Puerto Rico.

    The primary objective of the MBDA Business Centers is to provide
    strategic business consulting services to minority firms that will
    result in increased public and private sector contract opportunities and
    capital investments. An outcome of the services offered by the MBDA
    Business Centers is the creation and retention of jobs for Americans.

    ?Job and wealth creation in minority communities around the country is a
    high priority for the Minority Business Development Agency. With
    minority-owned firms being established at a high rate, our goal is to
    unleash their competitive advantages so they are sustainable and
    globally competitive. These firms will help America win the future,?
    said Alex Do??, Associate Director for Business Development at MBDA.
    ?The operators of MBDA Business Center are key partners in achieving
    MBDA?s mission. Last year, through their combined efforts, MBDA was able
    to contribute to the creation of more than 6,300 new jobs across the
    nation and help minority-owned firms secure $4 Billion in contracts and
    capital.?

    MBDA intends to award three (3) individual cooperative agreements to
    manage and run the MBDA Business Centers beginning April 1, 2012. The
    grant award period under this solicitation is four years and successful
    applicants will initially be funded for the first award year with
    subsequent funding periods subject to MBDA Business Center performance
    and funding availability. Awards will range from $1.0 million to $1.2
    million over the four year period.

    Each MBDA Business Center is strategically located in areas with
    significant levels of minority population and minority-owned firms. The
    MBDA Business Centers, however, are not limited by geographic region and
    may serve minority businesses in all fifty states and Puerto Rico.

    Eligible Applicants:

    For-profit entities (including but not limited to sole-proprietorships,
    partnerships, limited liability companies and corporations), non-profit
    organizations, state and local government entities, American Indian
    Tribes and educational institutions are all eligible to apply to operate
    the MBDA Business Centers. Entities may apply to operate more than one
    MBDA Business Center, however, an individual application for each
    location (Competition ID) is required.

    Submission Requirements:

    Applicants must review and adhere to the full Announcement of Federal
    Funding Opportunity
    (FFO). This document outlines program details
    and instructions for submitting an application. The FFO can be accessed
    at www.Grants.gov
    or www.mbda.gov.

    Applications must be submitted electronically and time-stamped at www.Grants.gov
    by 11:59 p.m. Eastern Standard Time (EST) on January 17, 2012.
    Applications that are time-stamped after the deadline will not be
    considered.

    MBDA will conduct a pre-application teleconference on December 14, 2011
    at 2:00 p.m. EST. The goal of the teleconference is to provide a
    background and summary of the MBDA Business Center program, as well as
    provide potential applicants with the opportunity to ask questions about
    the program and the application process. The time and registration
    instructions for the pre-application conference will be posted on MBDA?s
    website. Applicants should visit MBDA at www.mbda.gov
    for more information. Interested applicants unable to participate in the
    pre-application teleconference may access a recording of the
    teleconference and materials on the Agency?s website the following day.

    Note: The MBDA Business Center program is not a grant program to
    start or to expand an individual business. Applications must be to
    operate a MBDA Business Center and to provide business consulting
    services to eligible minority-owned firms as set forth in the
    Announcement of Federal Funding Opportunity.
    Applications that do
    not meet these requirements will not be considered by MBDA for funding.

    About the Minority Business Development Agency (MBDA)

    MBDA (mbda.gov), a bureau at the U.S. Department of Commerce, serves
    minority entrepreneurs across America who are building and growing
    enterprises. MBDA helps minority-owned firms become better equipped to
    create jobs, impact local economies and compete successfully in domestic
    and global marketplaces. With a nationwide network of business centers
    and strategic partners, MBDA assists minority entrepreneurs and business
    owners with consulting services, contract and financing opportunities,
    bonding and certification services, building business-to-business
    alliances and executive training.

    Contacts

    Minority Business Development Agency (MBDA)
    Public Affairs
    Bridget
    Gonzales Young, 202-482-6272
    public_affairs@mbda.gov
    www.mbda.gov

    Source: Minority Business Development Agency (MBDA)