MBN USA

October 30, 2023

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Awards are the highest national honor for MBEs

The U.S. Department of Commerce’s, Minority Business Development Agency (MBDA) recently named recipients of the 2023 Minority Enterprise Development (MED) Week Awards.

The National MED Week Awards are the highest level of national recognition that a U.S. minority business enterprise can receive from the Department of Commerce. These prestigious awards celebrate the outstanding achievements of minority entrepreneurs, as well as the individuals and organizations that have demonstrated their commitment to advancing minority business enterprises.

The inaugural National MED Week was established 40 years ago and has since evolved into an iconic celebration and has been a catalyst for the creation of hundreds of local MED Week conferences across the Nation. These local and regional conferences have been enthusiastically sponsored by state and local governments, for-profit entities and nonprofit organizations.

Today, the National MED Week brand and conference format is broadly accepted and synonymous with quality and support for the recognition and growth of minority business enterprises.

“Minority businesses have weathered the storm of the recent pandemic, and rallying behind them is not only the right thing to do, but it’s also a strategic move for our nation’s recovery,” said Donald R. Cravins Jr., under secretary of commerce for minority business development, MBDA. “With our newfound permanent federal agency status and an extended reach, now covering 131 program operators across the nation, we’re thrilled to celebrate the entrepreneurial spirit within the minority business community.

“Bolstered by unwavering support from the White House and our partners at NMSDC [National Minority Supplier Development Council Inc.], we are fully committed to elevating the revenues and capabilities of minority business enterprises, ensuring they are well-prepared to excel in our nation’s economy and achieve equitable success,” he added.

To read about the 2023 MED Week award winners, visit https://digital.mbnusa.biz/publication/?m=69198&i=805172&p=134&pp=1&ver=html5.

For more information on this year’s National MED Week, visit www.mbda.gov.