Posts by Jennifer Pasley
Jessica G. Cavazos Sworn-in as Deputy Under Secretary of Commerce for Minority Business Development
On Monday, April 24, the Minority Business Development Agency (MBDA) appointed Jessica Cavazos as the first-ever Deputy Under Secretary of Commerce for Minority Business Development, another historic milestone for the MBDA. Prior to joining the agency, Cavazos served as President and CEO of the Wisconsin Latino Chamber of Commerce. Cavazos also has a strong background…
Read MoreDon Cravins Jr. Named First-Ever Under Secretary of Commerce for Minority Business Development
Donald R. Cravins, Jr. is now the first-ever Under Secretary of Commerce for Minority Business Development for the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). His historic appointment followed the codifying of the MBDA, which passed the agency into law, making it a permanent institution. This significant elevation in authority and influence, as…
Read MoreAn SBIC Increases the Odds of Black-Owned Businesses Receiving Private Equity
The Enterprise Center (TEC) is blazing a trail with its $50 million Innovative Capital Growth Fund, demonstrating how private sector investment can be leveraged through the Small Business Administration’s (SBA) Small Business Invest Companies (SBIC) program to increase private-equity investment in Black-owned businesses. Located in Philadelphia, TEC works to connect minority- and women-owned businesses to…
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