U.S. Senator Tammy Baldwin announced that Wisconsin is receiving federal funding to establish the state’s first Minority Business Development Center. The U.S. Department of Commerce Minority Business Development Agency (MBDA) has awarded the Wisconsin North Central Minority Supplier Development Council (NCMSDC) $1.61 million through the MBDA’s Business Center Program to operate Wisconsin’s first Business Center to assist minority-owned businesses.
Wisconsin is currently served by offices in Detroit and Chicago, but now NCMSDC, whose Wisconsin office is based in Milwaukee, will join a network of MBDA Business Centers and partners from around the country to provide high quality, technical assistance to Minority Business Enterprises (MBEs) – including counseling and mentoring, assisting with access to capital, contracts and grants, and supporting job creation and retention. The goal of the MBDA’s Business Center Program is to promote the growth and global competitiveness of America’s MBEs.