Minority Business Development Agency
Mr. Donald “Don” R. Cravins, Jr. serves as the first Under Secretary of Commerce for Minority Business Development where he leads the Minority Business Development Agency (MBDA) in its service of the nation’s 9.7 million minority business enterprises. After more than 52 years in existence, in 2021 President Biden signed the Minority Business Development Act of 2021 expanding and making permanent MBDA as the United States’ newest federal agency. Under Secretary Cravins was unanimously confirmed by the United States Senate on August 4, 2022.
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Minority Business Development Agency
The Minority Business Development Agency (MBDA) at the U.S. Department of Commerce is the only federal agency dedicated to advancing the establishment and growth of minority-owned firms in the United States. Through a network of minority business centers and strategic partners, MBDA works with minority entrepreneurs who wish to grow their businesses in size, scale and capacity. These firms are then better positioned to create jobs, impact local economies and expand into national and global markets. MBDA has spent more than four decades increasing the competitiveness of minority firms.