During the fall of each year, the Minority Business Development Agency (MBDA) honors the success and accomplishments of minority-owned businesses across the country through local and regional Minority Enterprise Development (MED) Week events; including a national MED Week celebration.
This year, MBDA began a partnership with the National Minority Supplier Diversity Council (NMSDC) to host the National MED Week event in conjunction with the 2015 NMSDC Conference and Business Opportunity Exchange. The combined event took place Oct. 18-21 in San Diego, California. The new partnership gave minority business owners the benefit of connecting with both corporate executives and federal government procurement officials at a single event.
MED Week events provide networking, training, and business development opportunities for minority-owned firms, while also providing the National MBDA and local affiliates the opportunity to honor companies that have excelled during the past year.
The Institute has been designated by MBDA as the host of the North Carolina Minority Business Development Center, one of over 40 centers operating throughout the United States and Puerto Rico. The North Carolina MBDA Center provides assistance to minority entrepreneurs across the state from its Raleigh, NC offices.
Minority-owned firms seeking to penetrate new markets—domestic and global—can access business experts at an MBDA Business Center. The Centers provide a variety of business services including assistance with securing capital and competing for contracts, identifying strategic partners, and/or becoming export-ready.
2015 Charlotte MED Week Honorees
|Construction||Watson Electric Company|
|General Services||Environmental Services Systems|
|Diversity Advocate||Julian Arcila|
|Diversity Agency||Hispanic Contractors Association of the Carolinas|
MBDA Centers are located in areas across the country with the largest concentration of minority populations and the largest number of minority businesses. The Centers are staffed by business specialists who have knowledge and practical experience needed to advise successful and profitable businesses. Referral services are provided free of charge, however, the network generally charges nominal fees for specific management and technical assistance services.
MED Week celebrations in North Carolina started with the Durham MED Week event in September, and a Charlotte MED Week event in early October. Upcoming local events are planned in Shelby and Wilmington later this fall. For more information about the statewide MED Week event in Raleigh, visit www.TheInstituteNC.org.