City of Tacoma announcement.
TACOMA, Washington – The Minority Business Development Agency (MBDA) Washington Business Center, in partnership with the Tacoma-Pierce County Economic Development Board (EDB), has launched Continuous Acceleration, a program providing a continued support for Blacks, Indigenous (and) Small Businesses owned by People of Color (BIPOC) and graduates of regional acceleration programs. The program kicks off with events today and tomorrow at the Union Club, a local co-working space for small business owners and entrepreneurs in Tacoma, with a BIPOC business leaders roundtable and panel business service providers. Attendees will build on their knowledge of best business practices, learn how to address a range of business challenges, and receive guidance on how to leverage available business resources across the region.
âBuilding on the work of our regional accelerator programs, Continuous Acceleration helps our BIPOC-owned businesses navigate the complexities of establishing and expanding their commercial presence and take advantage of opportunities. market access in our area, âsaid Tacoma Mayor Victoria Woodards. âContinuous Acceleration takes a holistic, multi-faceted approach to enhancing the knowledge and skills that BIPOC-owned small businesses have already acquired, and positions them for long-term growth and success. “
Strengths of the Continuous Acceleration program include direct outreach and 1: 1 support at the local level for loans, grants, preparation of emergency aid requests, technical assistance related to financial literacy, access to capital, procurement and supply assistance, marketing, operations, business development, export and industry specific training, and other areas. The program will also provide âaccelerated certificationâ support with hands-on training through the Washington State Office of Women and Minority Businesses (OMWBE).
In addition to the region’s community development finance institutions, other key partners are the University of Washington, the National Minority Supplier Development Council, Business Impact Northwest, Tabor 100, the National Development Council, and the City of Tacoma.
Part of the City of Tacoma Economic and Community Development Department since September 2016, the MBDA Washington Business Center has served more than 580 minority-owned business ventures established by the following individuals or groups in the Northwestern region of Pacific: African Americans, Hispanics, Asians and Pacific Islanders, Native Americans, Asian Indians, and Hasidic Jewish Americans.
For more information on MBDA Washington Business Center’s Coronavirus Response and Assistance Program, visit mbda-tacoma.com/mbda-tacoma-launches-cares-act-program.