WASHINGTON, April 11, 2014 /PRNewswire-USNewswire/ -- Congressman Chaka Fattah (PA-02) announced today that Philadelphia's Enterprise Center is the recipient of a $275,000 grant from the Minority Business Development Agency (MBDA), part of the Department of Commerce. The grant will help support The Enterprise Center's (TEC) efforts to offer strategic consulting and other support services to eligible minority businesses throughout Philadelphia.
"For the last 25 years, The Enterprise Center has been a bedrock of our community, helping to launch, grow, and support minority entrepreneurs and startup businesses in Philadelphia. This grant will help support the wide-ranging efforts of the Center, including capacity building, job creation, and job retention," Congressman Fattah said. "Our country is dependent on the success of small and minority-owned businesses, and I am proud to help institutions like The Enterprise Center foster innovation and growth."
Since 2004, The Enterprise Center has operated the MBDA Business Center of Pennsylvania (MBC-PA), part of the national MBDA network of business centers. Over the last 10 years, MBC-PA has generated more than $270 million in contracts and created 890 jobs for clients throughout Philadelphia and the surrounding area.
As the lead Democrat on the Appropriations Subcommittee on Commerce, Justice, and Science (CJS), Fattah has been instrumental in securing increased funding for the MBDA and other initiatives that promote economic growth and competitiveness in the United States. The MBDA supports economic expansion through their network of business centers, strategic partnerships, and collaborations with federal, state and local governments.
SOURCE Office of Congressman Chaka Fattah