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The Minority Business Development Agency to announce historic collaboration with Divine Nine Sororities and national women’s leadership organizations – AFRO American Newspapers

March 24, 2024
in Black Media
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By Black PR Wire

(Black PR Wire) WASHINGTON, D.C. – Lately, the U.S. Division of Commerce Minority Enterprise Improvement Company (MBDA) hosted the Divine 9 Sororities, The Nationwide Council of Negro Ladies, The Hyperlinks Included, The Black Ladies’s Agenda and The Nationwide Coalition of 100 Black Ladies on the White Home. Throughout this occasion, MBDA memorialized Memorandums of Understanding (MOU) with every group to collaborate on advancing the expansion of girls enterprise enterprises. 

“The Minority Enterprise Improvement Company is worked up to collaborate with these women-led organizations to interrupt down boundaries and broaden alternatives for Black girls,” stated Eric Morissette, performing the delegated duties of the Beneath Secretary of Commerce for Minority Enterprise Improvement. “Because the quickest rising demographic of entrepreneurs, girls of coloration proceed to be a driving power for the nation’s financial system. The Biden-Harris Administration, the Division of Commerce, and MBDA are dedicated to matching their drive with the sources and alternatives they want and deserve.”

The occasion featured a roundtable dialogue with every group’s management that examined the challenges girls entrepreneurs face associated to entry to capital, beginning and scaling companies, and entry to contracts and networks. MBDA’s alliance with these organizations goals to offer options, sources, and alternatives for financial empowerment.

The Division of Commerce’s mission is “to create the situations for financial progress and alternative for all communities.” Via this historic collaboration with the Divine 9 sororities and different nationwide girls’s management organizations, the MBDA continues to make sure financial prosperity for all American enterprise enterprises.

In regards to the U.S. Minority Enterprise Improvement Company (MBDA):

The Minority Enterprise Improvement Company is the one Federal company devoted to the expansion and competitiveness of U.S. minority enterprise enterprises. For greater than 50 years, MBDA’s applications and companies have higher geared up MBEs to create jobs, construct scale and capability, enhance revenues, and broaden regionally, nationally, and internationally.



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