MBDA Grant

MBDA Access to Capital Innovative Finance Grant

The US Department of Commerce’s Minority Business Development Agency (MBDA) Access to Capital Innovative Finance Grant program addresses historical barriers to capital that minority business enterprises (MBEs) face by leveraging non-traditional financial resources. The projects can utilize technical assistance models, pilot innovative solutions, leverage technology, advance research and data, or provide education to non-traditional lenders. MBDA seeks market solutions to the barriers of access to capital that acknowledge lack of traditional collateral/assets as an impediment for MBEs. The projects align with the MBDA strategic mission to support the growth and global competitiveness of MBEs and the Administration’s strategic priority to advance economic equity and support underserved communities through the Federal government.

Success Stories

For more information, please contact NALCAB’s Director of Small Business Jeremy Carter at


This initiative was funded through a grant by the US Department of Commerce, Minority Business Development Agency.