MBDA provides funding for a network of minority business centers located throughout the nation. The Centers provide minority entrepreneurs with one-on-one assistance in writing business plans, marketing, management and technical assistance and financial planning to assure adequate financing for business ventures.
The Centers are staffed by business specialists who have the knowledge and practical experience needed to run successful and profitable businesses. Business referral services are provided free of charge. However, the network generally charges nominal fees for specific management and technical assistance services.
MBDA strives to create a new generation of minority-owned businesses generating $100 million in annual revenues. The strategic focus is to maximize job creation and global competitiveness for minority-owned businesses and to foster innovation and entrepreneurship with minority-owned businesses in high-growth industries.
The ND/SD Native American Business Enterprise Center (NABEC) has entered into a cooperative agreement with the Minority Business Development Agency, U. S. Department of Commerce, in furthering the development and stability of Native American business. This program has been operated by United Tribes Technical College since 1980.
Specific types of Management and Technical Assistance shall include but not limited to the following:
Finance & Accounting
ND/SD NABEC offers comprehensive services fitted to your specific need in each of the following categories:
General business counseling, information, and referrals. Assistance in developing business plans.
Helping to identify financial assistance, loans, loan guarantees, lines of credit with banks, and bonding services.
Business seminars in such areas as bookkeeping, taxes, cash management, financing, personnel, marketing, and business planning.
Procurement & Marketing:
Identifying contract procurement opportunities with state and federal agencies, local governments, tribal, and other organizations.
Assistance in matching the subcontractors with prospective prime contractors.
Market the minority contractor through trade fairs and minority conferences.
Assistance in marketing minority business products.
WHO QUALIFIES: Enrolled Native Americans taking residence or who's business will be located within the service area which is North and South Dakota. Interested applicants living outside of the service area may get a referral from the Center to the NABEC located nearest to them.
The ND/SD NABEC will provide assistance free of charge to qualified Native American individuals and firms.
The ND/SD NABEC goal is geared toward the formation and survival of new and existing entrepreneurs. We welcome your interest and inquiry.
North Dakota/South Dakota
Native American Business Enterprise Center
3315 University Drive
Bismarck, ND 58504