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Minority Business Development Agency (MBDA) Business Grants

Minority Business Development Agency
Application Closed
Application Closed
Program Type
Government Grants
Grant Range
Not Available Right now
Equity Dilution
Yes
Program Charges
NA
About
Program Structure

The MBDA, which was originally established as the Office of Minority Business Enterprise by President Richard M. Nixon, offers financial assistance to minority-owned businesses in the form of grants.
The grant amount will vary based on the needs of the recipient. To apply, you need to register your business to obtain a Unique Entity ID number so the application can be tracked. You then need to register with SAM, using an Employer Identification number.

Program Criteria

The MBDA Grant Application in 5 Easy Steps

  1. Register your business to apply for a MBDA grant. To register your business to obtain a Unique Entity ID number so that your application can be tracked. Next register with SAM. To do this, you will need the authorizing official for your organization, and an Employer Identification Number. These two numbers are needed to create a Grants.gov account
  2. Understand the Grant Announcement. Visit the specific grant page on MBDA.gov to learn more about the program and find frequently asked questions. Then, locate and download the grant application package from Grants.gov. Please review the YouTube video: Making a Reasonable, Allocable, and Allowable Budget for a Federal Grant
  3. Attend a pre-application teleconference to learn more about the grant and requirements. All pre-application teleconference presentations are also available on the specific grant webpage at mbda.gov for future reference. Please review the YouTube video: Grants Process Overview
  4. Understand the evaluation process. Thoroughly read the announcement, paying special attention to key sections of the announcement. Check your eligibility in Section C, finds the deadline and requirements in Section D, and learn about the selection process in Section E. When complete draft your application and make sure that you address all requirements outlined in the announcement. Please review the YouTube video: Ingredients for a Great Budget
  5. Prepare and Submit Application. When application is complete, log onto Grants.gov and submit application. Application MUST be submitted before deadline. After submission, print confirmation of submission.
Additional Details
Mentorship & Support
Category
Hybrid
Program Mode
USA
Location
USA
Geography Consideration
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