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Commerce Dept Issues Grants to Establish Minority-Friendly Business Centers; David Hinson Comments

Commerce Dept Issues Grants to Establish Minority-Friendly Business Centers; David Hinson Comments - top government contractors - best government contracting event
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BuildingThe Commerce Department‘s Minority Business Development Agency has awarded $7.3 million in grants to fund the construction of MBDA business centers in seven U.S. cities, the Latino Post reported Saturday.

MBDA-funded business hubs work to provide minority entrepreneurs access to capital opportunities and training programs, according to the report.

“These new centers will expand the number of front-line business experts we have providing resources to minority-owned businesses to help grow economies in more cities across the U.S.,” David Hinson, MBDA national director, told the publication.

Al Betancourt, MBDA press secretary, said in a statement obtained by the Latino Post that six recipients will receive federal funds during the next three years and one recipient will get funding over four years.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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