General Info
Minority Business Development Agency is to promote the growth of minority-owned businesses.
Location: Washington
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Website: https://www.mbda.gov/
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🤖 AI Activity Report
Status: not-active
AI Reasoning: MBDA (a federal agency) issued grants/funding competitions most recently on January 15, 2025, and MBDA awarded grants pages show activity including grant awards in 2025. The last known investment-type action (grant funding competition announcement) occurred more than 9 months prior to the reference date; however, this is more than 12 months from now? Wait recalc: From Jan 15, 2025 to Nov 1, 2025 is under 12 months. But the classification requires last known investment: MBDA published a grant awards page but the latest award announcements listed include January 15, 2025 (funding competitions) and grant awards page entries show awards up to 2024; the most recent specific grant award announcement I could find awarding funds to organizations was October 2024. The latest concrete award to a named recipient I found was to LabStart (October 12, 2023) and other awards in 2024. Therefore the most recent named award to a startup (LabStart Innovations, Inc.) was October 12, 2023, which is more than 12 months prior and fits not-active.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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