How the Baltimore MBDA Empowers Minority Manufacturers
Why It Matters
Minority-owned manufacturing businesses are critical to economic growth but often face unique challenges, such as limited access to capital, contracts, and global markets. The Baltimore MBDA Advanced Manufacturing Center bridges these gaps by providing targeted resources and expertise.
What They Do
The Baltimore MBDA empowers minority manufacturers by offering:
- Access to Capital: Helping businesses secure loans, grants, equity funding, and alternative financing to fuel growth.
- Access to Contracts: Connecting companies to procurement opportunities and providing expert bid preparation and contract management support.
- Strategic Business Consulting: Offering personalized guidance to optimize operations, refine business strategies, and scale efficiently.
- Global Business Development: Assisting manufacturers in entering export markets, facilitating trade missions, and promoting their products internationally.
By the Numbers
- $8.2 billion: In contracts and capital secured nationally through MBDA initiatives.
- 100+ partnerships: Built with local and regional organizations to support businesses.
- 60+ clients: Minority manufacturers served annually by the Baltimore MBDA.
The Bottom Line
The Baltimore MBDA is more than a resource—it’s a partner in growth. By addressing systemic barriers and equipping manufacturers with tools for success, the center strengthens businesses and builds a more equitable economy.
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