Minority Business Enterprise Center (MBEC) Program

The summary for the Minority Business Enterprise Center (MBEC) Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Commerce, which is the U.S. government agency offering this grant.

Minority Business Enterprise Center (MBEC) Program: In accordance with Executive Order 11625 and 15 U.S.C. § 1512, MBDA is solicitingcompetitive applications from eligible organizations to operate a Minority Business Enterprise Center (MBEC) in the following geographical service area:Name of MBECLocation of MBECMBEC Geographical Service Area**Louisiana MBECNew Orleans, LAState of LouisianaA MBEC operator must provide services to eligible clients within the specified geographical service area. In some cases, the geographical distance may be cost- prohibitive for the MBEC to conduct in-person meetings with clients. MBDA anticipates the MBEC would provide, to the best of its abilities, services to those firms beyond a reasonable distance through virtual communications, including but not limited to telephone, email and facsimile. Service to eligible clients outside of an operator's specified service area may be requested, on a case-by-case basis, through the appropriate MBDA Regional Director and approved by the Grants Officer.The MBEC Program requires MBEC staff to provide standardized business assistance services to minority firms with $500,000 or more in annual revenues and/or "rapid-growth potential" minority businesses ("Strategic Growth Initiative" or "SGI" firms) directly; to develop a network of strategic partnerships; and to provide strategic business consulting. This is a fee for service program, therefore, the MBEC is required to charge client fees. These requirements will be used to generate increased results with respect to financing and contracts awarded to minority-owned firms and thus, are a key component of this program.The MBEC Program will concentrate on serving SGI firms capable of generating significant employment and long-term economic growth. The MBEC program shall continue to leverage telecommunications technology, including the Internet, and a variety of online/computer-based resources to dramatically increase the level of service that the MBEC can provide to minority-owned firms.