Awards Program

The MBDA National Minority Business Awards Program is the highest level of national recognition that a U.S. minority-owned firm can receive by the U.S. Department of Commerce. These prestigious awards, bestowed during National Minority Enterprise Development Week (MED Week), celebrate the outstanding achievements of minority entrepreneurs, as well as the individuals and organizations that have demonstrated their commitment to advancing global minority business enterprise.

There are three main award categories:

MINORITY-OWNED FIRMS

  • Minority Construction Firm of the Year
    Presented to a minority-owned firm that has achieved outstanding success in private or public sector construction projects and has exhibited revenue and job growth over a sustained period of time.
  • Minority Export Firm of the Year
    Presented to the minority-owned firm that has achieved outstanding success in penetrating domestic and global markets.
  • Minority Manufacturing Firm of the Year
    Presented to a minority-owned firm that has achieved significant success in employing new and innovative techniques that led to a significant increase in market share, job growth and customer satisfaction.
  • Minority Health Products And Services Firm of the Year
    Presented to a minority-owned firm that has improved the quality and delivery of healthcare through innovation.
  • Minority Innovative Technology Firm of the Year
    Presented to a minority-owned firm that has achieved outstanding success in promoting the use of technology in new and innovative ways, leading to greater efficiency and higher productivity.
  • Minority Marketing and Communication Firm of the Year
    Presented to a minority-owned firm who has achieved notable success in the marketing and communication industry by demonstrating creativity and impact.
  • Minority Professional Services Firm of the Year
    Presented to a minority owned firmed that has achieved outstanding success in professional, scientific and/or technical services.
  • Minority Veteran-owned Firm of the Year
    Presented to a veteran-owned minority business enterprise that has success in their industry that has led to a significant increase in job growth and customer satisfaction.
  • MBDA Minority Business Enterprise of the Year
    Presented to a minority business enterprise that has exceeded industry standards and achieved phenomenal business success leading to significant growth, and job creation, while showing a commitment to social responsibility and strong community involvement.

The Minority Firm of the Year Awards are open to minority business enterprises that are owned or controlled by the following persons or group of persons: African American, American Indian, Alaska Native, Asian, Hispanic, Native Hawaiian, Pacific Islander, Asian Indian and Hasidic Jews.

CHAMPIONS OF MINORITY BUSINESS DEVELOPMENT

  • Access to Capital Award
    Presented to an individual or organization who has demonstrated outstanding leadership in the financial community by providing traditional and/or alternative working or investment capital to minority-owned businesses.
  • Advocate of the Year Award
    Presented to an individual or organization that has demonstrated significant accomplishment in advocating minority business enterprise as an economic force in the global economy.
  • Distinguished Supplier Diversity Award
    Presented to the organization or individual whose business practices have had a significant impact on the growth and development of minority-owned firms.

The Champions of Minority Business Development Awards eligible nominees include, but are not limited to: business owners, business executives, and representatives of local, state and federal governments or nonprofit organizations, universities, colleges and tribal entities.

INDIVIDUAL RECOGNITION

  • Abe Venable Legacy Award for Lifetime Achievement
    This awards celebrates high standards of excellence, dedication, and accomplishment over a sustained period of time.  The award is granted to an individual who has played an integral role in the creative, technical or professional progress of minority business development over the course of his/her life.
  • Ronald H. Brown Leadership Award
    This award is inspired by the outstanding leadership of the late U.S. Secretary of Commerce, Ronald H. Brown. As the first African-American to serve as the Department’s Secretary, he was a staunch advocate for diversity and business expansion. The Award recognizes individuals who have achieved significant results in creating diversity, expanding minority business enterprise and who have demonstrated exceptional leadership in the public or private sector.

The Individual Recognition Awards are open to qualified individuals without regard to ethnicity.

How do I submit my nomination?

Submit online at https://medweek.mbda.gov/form/awards-nomination

Key Timeline

Nomination Deadline: July 31, 2018

Award Recipients Announced: September 2018

The MBDA National Minority Business Awards presentation will take place at a ceremony to be held during the 2018 National MED Week October 14-20, 2018.

Who should I contact if I have questions about the MED Week Awards Program?

Please contact Antavia Grimsley at 1-202 482-7458 or via email at agrimsley@mbda.gov

How will the winners be notified?

MBDA will contact winners by phone and may post their names, pictures and biographies on the Agency website (www.mbda.gov), the MED Week Conference website (medweek.mbda.gov) and social media channels.