Success Stories: Minority Entrepreneurs Helped by the MBDA

Success Stories: Minority Entrepreneurs Helped by the MBDA

Starting and running a business can be a daunting task, especially for minority entrepreneurs who often face unique challenges. Luckily, the Minority Business Development Agency (MBDA) is there to help. MBDA provides resources to minority entrepreneurs that can help them succeed. In this article, we’ll explore some success stories of minority entrepreneurs who have been helped by MBDA.

S&D Coffee & Tea – Ron and Sarah Hinson

Ron and Sarah Hinson are the founders of S&D Coffee & Tea, a company that provides coffee and tea products to restaurants and other foodservice providers. The company has been around for over 90 years and is currently one of the largest coffee and tea suppliers in the world. The Hinsons credit much of their success to the MBDA. The MBDA provided them with access to capital, which allowed them to expand their business. Additionally, MBDA helped the Hinsons navigate the complex world of certifications, which allowed them to secure contracts that they otherwise would not have been able to obtain.

Brillanté Sweets – Aimmee Kodachian

Brillanté Sweets is a Los Angeles-based bakery that specializes in creating pastries that are both delicious and visually stunning. Aimmee Kodachian, the founder of the company, credits the MBDA with helping her secure her first large corporate client. The MBDA provided her with tools to help her develop a strong business strategy and navigate negotiations with large corporations. Thanks to the MBDA, Kodachian was able to secure a contract with a major entertainment company, which allowed her business to grow significantly.

RG Tech – Roshunda Gresham

RG Tech is a software development firm that specializes in creating custom software solutions for businesses. Roshunda Gresham, the founder of the company, credits the MBDA with helping her secure a contract with the federal government. The MBDA provided Gresham with access to capital, which allowed her to develop a prototype of the software solution that the government was looking for. Additionally, the MBDA connected her with mentors who helped her navigate the complex world of federal contracting.

Conclusion

The MBDA is an invaluable resource for minority entrepreneurs. Through access to capital, certifications, and mentorship, the MBDA helps minority entrepreneurs overcome the unique challenges they face. The success stories of S&D Coffee & Tea, Brillanté Sweets, and RG Tech are just a few examples of the many ways the MBDA is empowering minority entrepreneurs across the country. If you’re a minority entrepreneur looking to start or expand your business, the MBDA is a resource you won’t want to overlook.

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