The Minority Business Development Agency will open a new business center in Washington to help facilitate investment, contracting and business opportunities for minority-owned companies.Performance-based Solutions Inc. will run the D.C. Capitol MBDA Business Center and the hub will receive $900,000 in federal grants over three years to support women and minority entrepreneurs, MBDA said Thursday.
“Our role is to assist businesses with accessing capital, marketing their services and obtaining contracts with government agencies and the commercial sector,” said Dennis Smith, project director at the D.C. Capitol MBDA Business Center.
MBDA intends for the facility to provide consulting services to minorities who pursue green technology, clean energy, broadband, healthcare and infrastructure projects.
The agency supports 44 minority-focused business centers across the U.S. and in Puerto Rico.
