Revoking Opportunities: The Strategic Undermining of Minority Businesses in America

A recent executive order to eliminate the Minority Business Development Agency (MBDA) marks yet another chapter in America's troubling history of undermining minority economic progress. This move jeopardizes decades of efforts to bolster minority entrepreneurship, necessitating urgent scrutiny and response. Since its establishment, the MBDA has been essential for millions of minority-owned enterprises, helping secure over $1.5 billion in funding just in 2024. Its closure signifies not only the loss of a vital governmental body but also the dismantling of a critical pathway to economic empowerment for diverse entrepreneurs.