The Minority Business Development Agency (MBDA) is an entrepreneurship program under the auspices of the U.S. Department of Commerce, designed to increase jobs and wealth in minority communities. An upsurge in prosperity in minority communities tends to have a trickle-outward effect, essentially increasing profits for all businesses in the U.S. At ODA, our MBDA business center provides assistance to small, medium and large business enterprises. Our services include financing, consulting, procurement/contracts, registrations and certifications, and more.
 Business Consulting Services:
There are many ways existing companies can increase their sales and grow their business. Because of our relationships with numerous organizations and industries, we are exceedingly knowledgeable of good operating practices within each field. Our professional staff provides consulting services, which include strategic business planning, effective staffing, organizational structure, policies and procedures to adhere to, and more.
Government Registration, Certifications, and Pre-Qualifications:
Our Minority Business Center helps businesses become certified as Minority Business Enterprises (MBE) with Federal, State, and Municipal governmental entities. Becoming certified can be a challenging and time-consuming task if you’re unfamiliar with the process. Our specialized certification assistance enables you to navigate through it quickly and easily. Contact us to take advantage of our Free Express Registration as a Minority Business with the US Department of Commerce, and let us help you access new opportunities as a government contractor.
 Government and Private Sector Contracting Opportunities:
Our access to comprehensive resources and data bases of the US Department of Commerce enables us to effectively identify contract opportunities for Minority Businesses. Depending on our clients’ field, we assist them by registering their business in the specific industry category, as well as with solicitation analysis and guidance with proposal preparation.
Business Outreach:
As businesses steer a course through the rough waters of today’s global marketplace, one thing is certain: many do not feel sufficiently prepared for the ride. To remedy the situation ODA offers relevant seminars in our Conference Room equipped with the most current visual and audio technology. At these events guest speakers renowned for their knowledge in navigating through procurement, financial, import/export, minority certifications and various other areas of interest to our clients delve into the subjects. We also arrange for B2B’s with strategic allies at various locations in New York City, so look for our booth with banners prominently displaying the U.S. Department of Commerce and Minority Business Development Agency.
Financial Packaging:
One of our most important functions is to help Minority Businesses secure the financing they need to operate and grow. The first step is to help the client present an accurate financial picture to the lender – in the most favorable light. We then find the most likely and economical source of financing through our network of ongoing relationships with banks and other commercial lending entities. In the course of providing these services, we also advise on related matters such as tax abatements and utility cost-reduction programs.
Click here to download the MDBA application
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