Assistance program
MBDA Capital Readiness Program
$103.1 Million committed in FY2023–FY2026
- Agency
- Minority Business Development Agency, Commerce, Department of
- Assistance
- Not Applicable
- CFDA number
- 11.034
- What it does
- The Minority Business Development Agency’s (MBDA) Capital Readiness Program (Program) was designed to help close the entrepreneurship gap between socially and economically disadvantaged individuals (SEDI) and non-SEDI. This program funded qualified organizations that had the expertise to provide technical assistance for entrepreneurs starting or scaling their businesses who was seeking various forms of capital.
- Who benefits
- Not Applicable
- Who applies
- Not Applicable
- Authorized by
- § 3009(e)(2) of the Small Business Jobs Act of 2010, as amended by the American Rescue Plan Act of 2021 (ARP) (codified at 12 U.S.C. § 5708(e)(2).
- Program site
- https://www.mbda.gov/ ↗
Committed by fiscal year
* FY2026 is year-to-date — the fiscal year is still in progress, so its total is still filling in. The striped band and dashed line mark that provisional stretch.
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments