Exit133 is about Tacoma

Tacoma Receives $1,522,625 U.S. Department of Commerce Grant

-- City of Tacoma to Lead Development of MBDA Business Center Program -- 

Tacoma, Wash. -- The U.S. Department of Commerce Minority Business Development Agency has awarded the City of Tacoma - along with its partners Tacoma Community Redevelopment Authority, University of Washington Tacoma and its Veterans Incubator for Better Entrepreneurship Program, Bates Technical College and World Trade Center Tacoma - $1,522,625 in Minority Business Development Agency (MBDA) Business Center Program Grant funding. This funding will be used to deliver technical assistance and business development services to the minority business enterprise (MBE) community of Tacoma and to facilitate its growth by creating connections to resources geared towards helping its businesses succeed. 

"The City of Tacoma is pleased to lead the coordination and integration of a MBDA Business Center," said Mayor Marilyn Strickland. "I strongly support the MBDA's focus on promoting exports, securing domestic public and private contracts, and job creation for eligible minority-owned businesses. The development of a MBDA Business Center Program will leverage a breadth of resources, including the City's strategic partnerships with local agencies that offer financial assistance, training and research, and mentoring to create and expand small businesses."

"In our continued efforts to promote direct investment and international trade, the City of Tacoma works closely with many partners," said City Manager T.C. Broadnax. "We encourage firms to take advantage of the services we have available to help them expand globally. This includes access to Washington's local and international trade experts, funding assistance programs, and market research tools geared towards making international trade easier for MBE firms."

The City of Tacoma's partnerships reflect its strategic goals for economic development, which include supporting entrepreneurship, incubators and small businesses; partnering with higher learning institutions to provide technical training for start-up small businesses to include those seeking to launch businesses; focusing on attracting, retaining and expanding industry that generates significant revenues, and offers good paying jobs and essential services for the local community while helping to minimize revenue leakage to neighboring communities.


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