PACE Minority Business Development Agency (MBDA)
Our Mission:
The U.S Department of Commerce, Minority Business Development Agency (MBDA) is the only federal agency solely dedicated to the growth and global competitiveness of minority business enterprises.
MBDA Business Center:
· Minority-owned firms seeking to penetrate new markets – domestic & global
· MBDA Business Center assists Minority Business Enterprises (MBEs) with securing capital, competing for a contract, identifying a strategic partner, or becoming export-ready
· The Centers are located in areas with the largest concentration of minority populations and the largest number of minority businesses (3 MBDAs in CA)
· PACE recently became an MBDA in July 2021, and it is the only MBDA Business Center in Southern CA
Our Services:
· Extensive business training and direct technical assistance (TA)
· Specialized procurement assistance – $50MM
· Partnership resources including business expansion support tools: financing, insurance, and bonding – $25MM
Who We Serve:
Minority Business Enterprises with revenues of $500,000 located in 7 counties in Southern California including Orange, Ventura, Riverside, San Bernardino, San Diego, Imperial, and Los Angeles County
Language Services:
Spanish, Chinese, Korean, Japanese, Thai, Vietnamese, Tagalog, and other audience-appropriate languages
Contact Our MBDA Team:
Andrew Barrera – ABarrera@pacela.org
Hugh Schurtz – HSchurtz@pacela.org
Diana Chung – DChung@pacela.org
Or call 213-989-3158.