MBDA Capital Readiness Program
Federally funded incubators and accelerators that help minority and underserved entrepreneurs prepare to access capital.
About this program
The MBDA Capital Readiness Program is a $125 million technical assistance program — the largest of its kind in Commerce Department history — that funds 43 incubators and accelerators nationwide. These awardees provide training, mentorship, and resources to minority and other underserved entrepreneurs preparing to access capital from the Treasury Department's State Small Business Credit Initiative (SSBCI) and other capital sources. Funded entrepreneurs receive curriculum, tools, and resources to launch or scale in high-growth industries like healthcare, climate technology, and infrastructure.
Eligibility
Minority and other underserved entrepreneurs seeking technical assistance to access capital. Funded through grantee incubators and accelerators in the National Network.
Requirements
- Find a Capital Readiness Program awardee in your region
- Enroll in an incubator or accelerator cohort
- Complete the technical-assistance curriculum