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