In coordination with the Minority Business Development Agency (MBDA), led by Undersecretary Don Cravins, Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program.
The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses. Once final awards are made, the awardees will launch and operate business incubators or accelerators designed to prepare underserved entrepreneurs to secure capital from the historic $10 billion State Small Business Credit Initiative (SSBCI) and other capital sources.
See release here.
