Minority Business Development Institute (MBDI)

MBDI provides education advisory service, cultivating capacity building, access to capital and surety bonding.

General Information
Company Name
Minority Business Development Institute (MBDI)
Founded Year
2010
Location (Offices)
United States +1
Founders / Decision Makers
Number of Employees
6
Industries
Education
Funding Stage
Grant
Social Media

Minority Business Development Institute (MBDI) - Company Profile

The Minority Business Development Institute (MBDI) is an innovative, community-based, non-profit organization born out of a passionate desire to “change the paradigm” of economic inequality for the minority contractor community. We help to position minority firms to become credit worthy and therefore bondable, providing an effective response to the lack of capital that has historically limited Minority Business Enterprises (MBEs) opportunities and growth. The MBDI team’s financial, legal and surety industry experience equips us to provide emerging contractors direct services, technical support and clearly defined road maps to success. Through education and advocacy, the Minority Business Development Institute’s mission is to assist the minority contractor population to develop socio-economic equality by addressing business issues that create barriers to success. At MBDI we pledge to help build the managerial, operational and financial functions of minority- owned contracting firms to prepare them to get bonded and permanently increase their productivity, opportunities and future profitability. MBDI firmly believes that education, not hand-outs, is key to creating minority-owned prime contractors.

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