MBDA FPC and HUBZone Council Sign MOU to Forge Strategic Partnership to Empower Economically Distressed Communities Nationwide

Whereas the HUBZone Contractors National Council is a non-profit trade association providing information and support for companies and professionals interested in the HUBZone Program. Their mission is to assist small businesses from distressed areas to maximize their success in earning federal contracts so that they may restore jobs and economic stability to those communities that need it the most.

Whereas the MBDA Federal Procurement Center (FPC) – under the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) – has a critical mission to support Minority Business Enterprises (MBEs) throughout the Nation in gaining access to, winning and succeeding in Government contracting. The MBDA FPC helps MBEs build scale and capacity, increase revenues, create and retain jobs, and expand regionally, nationally and internationally.

Let it be established by this MOU execution that KDM & Associates, operator of the nation's sole Minority Business Development Agency (MBDA) Federal Procurement Center (FPC) – a vital agency under the U.S. Department of Commerce, as found at https://MBDAFPcenter.com – is proud to enter into this groundbreaking Memorandum of Understanding (MOU) with "The HUBZone Council," https://hubzonecouncil.org/ , a leading advocate for Historically Underutilized Business Zones (HUBZones). This strategic partnership is poised to deliver substantial value to economically distressed communities throughout the United States.

This MOU formalizes the commitment of both organizations to collaboratively work towards fostering economic development and empowerment within HUBZone communities. By synergizing the expertise, resources, and networks of the HUBZone Council and MBDA Federal Procurement Center (MBDA FPC), this partnership aims to unleash a wave of opportunities that will uplift these underserved areas.

Key Highlights of the MOU
Strategic Collaboration: The HUBZone Council and MBDA FPC will join forces in initiatives, programs, and events aimed at empowering HUBZone businesses and promoting economic growth within these communities.

Innovation and Entrepreneurship: By nurturing innovation and entrepreneurship within HUBZone areas, the partnership will encourage job
creation, wealth generation, and community development.

The HUBZone Council and MBDA FPC are eager to embark on this transformative journey, dedicated to driving change, fostering economic
resilience, and empowering HUBZone businesses across the nation.