On July 30, 2020, the Honorable James Campos, Director, Office of Economic Impact and Diversity (ED), U.S. Department of Energy (DOE) and David Byrd, National Director of the Minority Business Development Agency (MBDA), U.S. Department of Commerce, executed a Memorandum of Understanding (MOU) at DOE Headquarters in Washington, D.C. The signing was broadcast nationwide due to limited attendance associated with COVID-19.
The MOU improves access to resources for industries and sub sectors within the energy sector as well as builds awareness, capacity, and creates pathways to opportunities to energy supply chain stakeholders. Under the terms of the MOU, ED and MBDA will work collaboratively to open doors for Minority Business Enterprises. These opportunities will be focused on the energy sector through identifying key strategic stakeholders that can assist with overcoming challenges to success. MBDA and ED will also improve access to training workshops, workforce opportunities, nationwide business centers, advanced manufacturing specialty centers, and other business related opportunities that will benefit these companies.
“The Trump Administration is committed to helping minority businesses access the resources they need to rebound from unexpected challenges and allow distressed communities to thrive through private investment and federal support”