Estimated read time: 4-5 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
[STK]
[IN] FIN WRK
[SU] ECO EXE
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
-0- 04/24/2014
/Web Site: http://www.mbda.gov
CO: MBDA
ST: District of Columbia
IN: FIN WRK
SU: ECO EXE
PRN
-- DC12530 --
0000 04/24/2014 19:30:00 EDT http://www.prnewswire.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.