Tennessee MBDA Business Center
The MMBC Continuum was recently awarded a new five-year grant to fund the Tennessee Minority Business Development Agency (MBDA) Business Center located in Memphis, TN. The Business Center, funded under the U. S. Department of Commerce, is the first and only center in the State of Tennessee. After successfully completing two grant cycles over the last nine years, The MMBC Continuum was successful in obtaining the newest grant award to continue operating the Center and supporting minority business growth.
The Tennessee Center in Memphis is part of a national network of centers across the United States.
For more information please complete the intake form or contact the MBDA Business Center.
Phone: (901) 528-1432
Fax: (901) 528-1755
Email: TNMBDA@mmbc-memphis.org
www.tnmbdabusinesscenter.org
Tennessee MBDA Business Center
The Tennessee MBDA Business Center is operated by The MMBC Continuum under the leadership of president and CEO, Jozelle Booker.
The MBDA Business Center is a program funded by the Minority Business Development Agency under the U.S. Department of Commerce. The Tennessee Center is part of a national network of centers across the country which serves as a portal for access to national and federal procurement opportunities. (MBDA list of Centers)
For more information and eligibility requirements call the Tennessee MBDA Business Center in Memphis at (901) 528-1432.
MBDA Services
The Tennessee MBDA Business Center is focused on providing management and technical assistance to support the business development and capacity building for businesses owned by Socially and Economically Disadvantaged Individuals (SEDI).
- Business Assessment & Consulting
- Business Advocacy and Referral Services
- Tailored Training and Development Programs
- Growth & Capacity Building Plans & Resources
- Access to New Business Opportunities
- Access to Capital & Finance Management
- Industry Data and Other Business Information
Access to Capital and Finance Management
By far, the most important aspect of developing your business, and often the most difficult to achieve, is access to capital and finance management.
Our business advisors and partners offer access to:
- Commercial lending and banking partners
- Financial, credit and risk analysis
- SBA and conventional loans qualification and evaluation
- Loan and grant identification and packaging
- General finance counseling
Strategic Business Consulting
To grow your business, you must have sound management practices and processes in place.
We provide assistance with (either directly or through referrals):
- Strategic and business planning
- Staffing
- Organization and structure
- Policies and procedures
- General business consulting
- Joint Ventures
- Mergers and Acquisitions
- Teaming Agreements
The Tennessee MBDA Business Center Provides Access & Opportunities
For more information call 901.528.1432.
Each individual must meet the definition of “socially or economically disadvantaged individual to be eligible to receive Business Center Services. A socially disadvantaged individual is an individual who has been subjected to racial or ethnic prejudice or cultural bias because of the identity of the individual as a member of a group, without regard to any individual quality of the individual that is unrelated to that identity. 15 U.S.C. § 9501(15). An economically disadvantaged individual is an individual whose ability to compete in the free enterprise system has been impaired due to diminished capital and credit opportunities, as compared to others in the same line of business and competitive market areas, because of the identity of the individual as a member of a group, without regard to any individual quality of the individual that is unrelated to that identity. 15 U.S.C. § 9501(15).
Become A Center Client
MBDA Provides Access & Opportunities
The Tennessee MBDA seeks to create a new generation of successful business owners.
Accessing programs and services is easy! Complete the intake form and someone will be in touch with you to perform an assessment to develop a customized and tailored approach to support your business growth.
For more information about joining the Tennessee MBDA Business Center, contact the Project Director:
Phone: (901) 528-1432
Fax: (901) 528-1755
Email: TNMBDA@mmbc-memphis.org
www.tnmbdabusinesscenter.org