MBDA Business Center Opens in Washington, D.C., Helps Companies Gain Access to Capital, Contracts for Job Creation


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TO BUSINESS, AND NATIONAL EDITORS:

MBDA Business Center Opens in Washington, D.C., Helps Companies Gain

Access to Capital, Contracts for Job Creation

WASHINGTON, April 24, 2014 /PRNewswire-USNewswire/ -- Today,

Jacqueline Woodard, President and CEO of Performance-based Solutions,

Inc. (PbSi), joined Alejandra Castillo, National Director of the U.S.

Department of Commerce's Minority Business Development Agency (MBDA),

the Honorable William Euille, Mayor of Alexandria, Va., Joanne Benson,

Maryland State Senator and many other distinguished guests, to launch

the Washington, D.C. Capitol MBDA Business Center, made possible

through a three-year, $900,000 grant that was awarded in September

2013.

One of 44 MBDA business centers located throughout the nation and

Puerto Rico, the Washington, D.C. Capitol MBDA Business Center will

create and retain jobs by providing consulting services and

facilitating access to contracts, capital and new international market

opportunities to eligible minority and women-owned businesses. The

business center is operated by PbSi.

"PbSi is pleased to offer the services of the Washington, D.C. Capitol

MBDA Business Center, funded by the U.S. Department of Commerce's

MBDA, to the National Capital Area business community," said Woodard.

"If your business is in need of assistance from a seasoned team of

business professionals experienced in government procurement practices

and financial loan packaging, we are here to help you. Your business

is our business."

The Washington, D.C. Capitol MBDA Business Center will provide

assistance to all minority business enterprises and specifically

targets those with annual revenues of more than $1 million, and/or

that participate in a high-growth industry, such as green technology,

clean energy, healthcare, infrastructure and broadband technology

among others.

"This center will be yet another critical component in strengthening

the ecosystem that will ensure the growth of minority businesses in

our Nation's capital," said Castillo.

The U.S. Department of Commerce's MBDA helps to create and sustain

U.S. jobs by promoting the growth and global competitiveness of

businesses owned and operated by minority entrepreneurs. It is the

only federal agency created specifically to foster the full

participation and entrepreneurship of minority business enterprises in

the United States.

"The Washington, D.C. Capitol MBDA Business Center is excited about

its role as a leading resource center for minority businesses in our

Nation's capitol," said Dennis C. Smith, Project Director of the D.C.

Capitol MBDA Business Center. "We thank the U.S. Department of

Commerce's MBDA for offering us this opportunity. We're excited about

having the opportunity to enhance the growth and global

competitiveness of minority businesses. Our role is to assist

businesses with accessing capital, marketing their services and

obtaining contracts with government agencies and the commercial

sector."

MBDA Business Centers provide strategic business consulting services

to minority-owned firms that will result in the creation and retention

of jobs for Americans through business growth. This is accomplished by

increasing the domestic and global competitiveness of minority-owned

firms in accessing capital, contracts and markets.

The Washington, D.C Capitol MBDA Business Center is dedicated to the

growth and global competitiveness of our Nation's minority-owned

firms. The center is operated by PbSi and is part of a national

network of centers located in major cities throughout the United

States, the District of Columbia and Puerto Rico. Primary funding is

provided through the U.S. Department of Commerce's MBDA.

A complete listing of all MBDA Business Centers, their unique

capabilities and contact information can be found at www.mbda.gov

About the Minority Business Development Agency (MBDA) MBDA,

www.mbda.gov, is the only Federal agency dedicated to the growth and

global competitiveness of U.S. minority-owned businesses. Our programs

and services better equip minority-owned firms to create jobs, build

scale and capacity, increase revenues and expand regionally,

nationally and internationally. Services are provided through a

network of MBDA Business Centers. After 45 years of service, MBDA

continues to be a dedicated strategic partner to all U.S.

minority-owned businesses, committed to providing programs and

services that build size, scale and capacity through access to

capital, contracts and markets. Follow us on Twitter @usmbda

Contact: Dennis Smith Phone: Office: (202) 827-8457 Mobile: (301)

802-0123 Email: dsmith@ncrmbc.com

SOURCE MBDA

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/Web Site: http://www.mbda.gov

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ST: District of Columbia

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-- DC12530 --

0000 04/24/2014 19:30:00 EDT http://www.prnewswire.com

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