The Minority Business Development Agency (MBDA) is a U.S. government agency dedicated to promoting the growth and competitiveness of minority-owned businesses. Established in 1969, it provides various services, including business consulting, access to capital, and market opportunities. The agency aims to help these businesses thrive in a competitive marketplace. MBDA operates through a network of business centers across the country, offering resources tailored to the unique challenges faced by minority entrepreneurs. By fostering partnerships and providing technical assistance, the agency supports the economic development of minority communities and contributes to overall economic growth in the United States.