MBDA Grants Major Funding to Philadelphia’s Enterprise Center to Support Entrepreneurs

MBDACongressman Chaka Fattah (PA-02) announces a major grant for the Philadelphia Enterprise Center. The $304,475 grant is from the Minority Business Development Agency (MBDA).

The MBDA supports economic expansion through its strategic partnerships, network of business centers, and collaborations with federal, state and local governments.? A senior member on the Appropriations Subcommittee on Commerce, Justice, and Science (CJS), Fattah has been instrumental in securing increased funding for the MBDA. In the FY 2016 CJS bill, Congressman Fattah pushed for an additional $2 million dollars for the MBDA, bringing its total funding level to $32 million.

“The Enterprise Center helps launch, grow, and support minority entrepreneurs and startup businesses in Philadelphia. The grant will help to support the endeavors of the Center, including capacity building, job creation, and job retention,” Congressman Fattah said. “Our neighborhoods depend on small businesses to provide needed services and I am proud to support organizations such as The Enterprise Center as it advances expansion in our local communities.”

The Enterprise Center has operated the MBDA Business Center of Pennsylvania since 2004. This center is part of a larger nationwide network of centers whose mission is to foster and grow minority businesses. Over the last 10 years, MBC-PA has generated more than $270 million in contracts for clients throughout the Philadelphia region. The $304,475 grant will help support the Enterprise Center’s efforts to offer strategic consulting and other support services to eligible minority businesses throughout the area.