Minority Business

MDA works with minority and women-owned businesses to facilitate networking with key industry partners from public and private sectors. We can also help you find joint ventures and subcontracting opportunities, as well as technical and financial assistance to help you better compete for federal, state, local government and commercial contracts. Browse the menu on the left to find out what assistance is available to your company.

Minority Business News

Accessing Capital

Capital is necessary to run any business, but accessing capital and working through issues that accompany loan application can be a difficult process for small and minority businesses.

A loan is the customary means by which a company obtains an infusion of working capital. There are many different loan options available to companies, and it is up to each company's owner to decide which options to pursue. Many choose the route of a commercial loan from a bank or other financial institution while others pursue loans available through special programs such as the Minority Business Enterprise Loan Program. Regardless of the option chosen, the decision-making process will be similar, and it is imperative that the company is presented in such a manner so as to make approval more likely.

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