The U. S. Department of Commerce through the Minority Business Development Agency (MBDA) has funded a rural initiative in several communities across the country. Tennessee is considered a rural state which positioned the Tennessee MBDA Business Center to receive a one-year grant to provide business services and technical assistance to surrounding rural communities including Haywood, Tipton, Hardeman, and Fayette counties.
Businesses at various stages in the business life cycle are eligible for services that support: digital literacy skills, financial capital readiness, and business development to support job creation. A Business Development Specialist (BDS) will provide one-on-one consulting, seminars, webinars, and access to technical assistance.
The Tennessee MBDA Business Center will support rural businesses with business development and capacity building through a five-step approach:
- Business Assessment & Consulting
- Tailored Training & Development Programs
- Strategic Plans
- New Sourcing Opportunities
- Access to Capital & Other Capacity Building Resources
Throughout the life of the grant, satellite offices have been established in Bolivar, TN and Brownsville, TN to support the four-county footprint.
Next Steps: Contact us for an assessment to develop a customized and tailored approach to support your business formation or business growth.
Click here to complete the Intake Form or call the Tennessee MBDA Business Center today!
For more information about the Rural Initiative or satellite office hours please contact Cedric Hamilton, Director of Business Development, at (901) 528-1432.