DEADLINE: MBDA Capital Readiness Competition

MBDA is seeking proposals for its $93.5 million Capital Readiness Program grant competition to help minority and other underserved entrepreneurs launch and scale their businesses. This Program will provide funding to incubators, accelerators, and other eligible organizations across the country with expertise to support underserved entrepreneurs by providing training and other critical resources, tools, and technical assistance to access capital.

Jumpstarting the next generation of entrepreneurs is essential, not only to spurring innovation, but also to building a more resilient economy that’s reflective of all Americans. That’s why this competition seeks proposals from applicants who will:

1. serve minority, women, and other underserved populations;
2. help entrepreneurs build capacity;
3. attract and provide access to capital opportunities;
4. provide access to networks.