The U.S. Department of Commerce Minority Business Development Agency (MBDA) recently hosted members of various Black women-focused organizations to collaborate on advancing the growth of female business enterprises.
Sororities part of the Divine Nine, the National Council of Negro Women (NCNW), The Links Incorporated, the Black Women’s Agenda and the National Coalition of 100 Black Women at the White House to memorialize memorandums of understanding with each organization
“The Minority Business Development Agency is excited to collaborate with these women-led organizations to break down barriers and expand opportunities for Black women,” said Eric Morissette, performing the delegated duties of the Under Secretary of Commerce for Minority Business Development. “As the fastest-growing demographic of entrepreneurs, women of color continue to be a driving force for the nation’s economy. The Biden-Harris Administration, the Department of Commerce, and MBDA are committed to matching their drive with the resources and opportunities they need and deserve.”
The event featured a roundtable discussion with each organization’s leadership that examined the challenges women entrepreneurs face related to access to capital, starting and scaling businesses, and access to contracts and networks.
