Minority Business Development Agency

Minority Business Development Agency

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Investment Firm

Overview

Minority Business Development Agency is to promote the growth of minority-owned businesses.

Highlights

Founded

1969

Industry

Business Development

Employees

101-250

Investment

13

Lead Investment

13

Exits

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Stages

N/A

Investor Type

Government Office

Location

Washington, District of Columbia, United States, North America

Contact Information

Social

Profile Resume

Minority Business Development Agency, established in 1969 and headquartered in United States, North America., specializes in investments across Information Technology, Health Care, Non Profit, Government, Higher Education, Social, CivicTech, Tutoring, Corporate Training, Personal Development. Their recent investments include National Minority Supplier Development Council, BioVentures, P33, North Central Minority Supplier Development Council, Institute of American Indian Arts. The highest investment round they participated in was $206.8M. Among their most notable exits are National Minority Supplier Development Council and BioVentures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

N/A

Investment portfolio

Minority Business Development Agency has made 13 investments. Their most recent investment was on May 30, 2024, when National Minority Supplier Development Council raised $3.0M.

Minority Business Development Agency has made 1 diversity investments. Their most recent diversity investment was on Feb 04, 2021, when WBENC raised $1.0M.

investments

13

Diversity investments

1

Lead investments

13

Number of exits

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Investments

13

Annouced DateOrganization NameIndustryMoney Raised
Dec 19, 2022
North Central Minority Supplier Development Council North Central Minority Supplier Development Council
Non Profit1.6M
Aug 11, 2023
P33 P33
Social3.0M
Nov 06, 2023
BioVentures BioVentures
Higher Education3.0M
May 30, 2024
National Minority Supplier Development Council National Minority Supplier Development Council
Information Technology3.0M

Exits

0

Funding Timeline

Funding rounds

13

Investors

1

Funds

0

Funding Rounds

13

Minority Business Development Agency has raised 13 rounds. Their latest funding was raised on May 30, 2024 from a Grant - National Minority Supplier Development Council round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Dec 19, 2022
Grant - North Central Minority Supplier Development Council Grant - North Central Minority Supplier Development Council
-1.6M-
Aug 11, 2023
Grant - P33 Grant - P33
-3.0M-
Nov 06, 2023
Grant - BioVentures Grant - BioVentures
-3.0M-
May 30, 2024
Grant - National Minority Supplier Development Council Grant - National Minority Supplier Development Council
-3.0M-

Investors

1

Minority Business Development Agency is funded by 1 investor(s). Comcast RISE Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Comcast RISE Comcast RISE
Yes
Grant - Minority Business Development Agency
10.0K

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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