The Michigan Statewide MBDC provides an extensive array of services to the minority
business sector. The Center offers detailed business consulting services that
include but not limited to:
Marketing
•
Marketing research
•
Marketing Plans
•
Sales Forecasting
•
Market Feasibility Studies
•
Price Analysis
•
Product/Customer Service Studies
Financial Management
•
Capital Budgeting
•
General Accounting
•
Break-Even Analysis
•
Cost Accounting
•
Financial Planning
•
Budget Analysis
Financial Assistance
•
Identification of Financial Resources
• Conventional Loans
• Alternative Loans
• SBA Loans
• Micro Loans
• Venture Capital (Equity)
• Angel Capital (Equity)
• Mezzanine Financing
• Factoring
• Business Valuations
Procurement Assistance
•
Identification of contracts from municipals, state, and federal government
agencies, as well as the private sector.
•
Federal 8 (a) minority certification program application assistance and packaging.
•
Assistance in writing and submitting bids.
ELIGIBILITY
The Michigan Statewide MBDC provides assistance directly to socially or economically
disadvantaged individuals who own or wish to start a business with a minimum
of 51 percent ethnic minority ownership.
Such individuals racial or ethnic heritage falls under:
• Asian Pacific Americans
•
Asian Indians
•
African Americans
•
Eskimos/Aleuts
•
Hasidic Jews
•
Native Americans
•
Spanish Speaking Americans
•
Puerto Ricans