Part of the U.S. Dept. of Commerce, the MBDA was specifically created to encourage the creation, growth and expansion of minority-owned businesses in the United States.
Minority Depository Institutions (MDI) are any depository institution where 51 percent or more of the stock is owned by one or more "socially and economically disadvantaged individuals."
NMBC is dedicated to providing business assistance, educational opportunities, seminars, purchasing listings and related services to hundreds of businesses.
"The Office of Economic Impact and Diversity (ED) develops and executes Department-wide policies to implement applicable legislation and Executive Orders that strengthen diversity goals affecting small and disadvantaged businesses, minority educational institutions, and historically under-represented communities."
"The CHCC is the premier and largest regional ethnic business organization in the nation that promotes the economic growth and development of Hispanic entrepreneurs and California’s Emerging Businesses."
"We empower immigrant families to build generational wealth by learning how to manage money, invest, and develop online businesses to increase income and make a larger impact."