Rep. Jim Costa announced that the U.S. Department of Commerce's Minority Business Development Agency (MBDA) has opened a competitive grant process for the operation of MBDA Business Centers to support Native American and Alaska Native businesses. The centers will focus on providing business consulting services to Native American businesses.
"The funds from this program could provide a powerful boost to small businesses and entrepreneurs in our Valley," said Costa. "The resources and support offered through the MBDA Business Centers will help companies create jobs and opportunity throughout our region. The Agency has already identified that it would like to locate a business center in California, and my hope is that it will be in the San Joaquin Valley."
The Agency has already identified that they would like to place a Business Center in Fresno, Bakersfield, Sacramento, or San Diego. Through this grant process the Minority Business Development Agency plans to open six Business Centers nationwide that will be located in areas that have a significant number of Native American and Alaska Native firms.