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July 13, 2021

City of Tacoma

The city of Tacoma was awarded a $2 million grant from the U.S. Department of Commerce Minority Business Development Agency (MBDA) in support of its MBDA Business Center, which has served growing minority-owned businesses in the local area and region since September 2016. Through June 30, 2026, the city will receive $400,000 annually in federal funds over a five-year period, as long as satisfactory performance is met and congressional appropriations are made. With these grant dollars, the city will continue its work to help minority-owned businesses access capital and contracts and expand market opportunities at home and abroad. They will be supported by a federal team of MBDA staff, and receive business development and grant management training annually. MBDA is the only federal agency created to foster the establishment and growth of minority-owned businesses in the United States.




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