Funding will provide education, mentoring and outreach for minority-owned small businesses
WASHINGTON, Sept. 18, 2012 /PRNewswire-USNewswire/ -- The Native American Contractors Association (NACA) is pleased to announce it has been awarded a Minority Business Development Agency (MBDA) Business Center grant designed to help foster growth, education and opportunities for small businesses in Anchorage, Alaska.
NACA has been awarded $1,275,000, of federal funds for a five-year period, to help minority-owned firms learn how to work and grow together. NACA, and its membership, have an established record of success in bringing together diverse small businesses and enhancing their ability to compete in the federal procurement marketplace.
"NACA is excited and honored to receive the business center grant," stated Kevin Allis, Executive Director of NACA. "We believe building minority-business opportunities for all enhances small business interests for the American economy."
The primary objective of the MBDA Business Centers is to provide strategic business consulting services to minority-owned firms that will result in the creation and retention of jobs. This is accomplished by increasing the domestic and global competitiveness of minority-owned firms in accessing contracts, capital, and lucrative markets.
"Today's announcement builds upon the Obama administration's commitment to economic growth and job creation in Indian Country," said Acting U.S. Commerce Secretary Rebecca Blank. "The new MBDA Business Centers will provide minority entrepreneurs and businesses with the expertise and tools they need to compete globally and create good paying jobs in America."
For more information, please contact Jennine Elias at (202) 758-2676.
NACA is a national Native advocacy organization based in Washington, D.C., and represents Tribal, Alaska Native Corporations, and Native Hawaiian Organizations across the country. NACA seeks to protect the economic self-sufficiency of America's indigenous people that is enhanced through the participation of its members in the SBA 8(a) program. NACA's members represent and provide benefits for nearly 700,000 Tribal members, Alaska Natives, and Native Hawaiians.
SOURCE Native American Contractors Association