City of Baltimore receives $ 2 million in funding for minority-owned business development – CBS Baltimore
BALTIMORE (WJZ) – In August, the US Department of Commerce Minority Business Development Agency awarded $ 2 million to the mayor’s office in Small, Minority and women Business to operate the Mid Atlantic Region Minority Business Development Agency Advanced Manufacturing Centerr.
The project will provide targeted assistance to minority manufacturers and increase the number of “Made in America” products manufactured in Baltimore. It is designed to help identify, filter, promote and refer minority Business companies at Advanced manufacturing programs.
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“In keeping with my administration’s goal of advancing equity and holding our minority– and owned by women Businesses, the development of minority manufacturing and Advanced manufacturing processes and procedures in our city will improve employment opportunities for our residents and increase the net worth of the Baltimore community Businesses. Small BusinessThey create jobs and promote economic growth in our black and brown communities, which historically have not benefited from investment, ”said Mayor Brandon Scott.
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This is the fourth MBDA grant award for the city of Baltimore and the second award focused on minority manufacturing.
“We are grateful for the continued support and trust that Minority Business Development Agency provided our program. We look forward to continuing our efforts to grow minority manufacturers in the Mid Atlantic RegionSaid N. Scott Phillips, Esq., Director of the Baltimore MBDA Advanced Manufacturing Centerr.
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A new initiative for the centerr is the Manufacturing Cooperative Innovation Pole. The cooperative will provide shared resources and opportunities to its members. The new round of funding will be spread over the next five years.