An older (2007) Minority Business Development Agency (MBDA) report found that less than 1% of venture capital dollars invested annually are directed to minority business owners who represented over 29% of businesses in America.
In Fiscal Year 2011, 5, 780 new jobs were created by minority-owned firms working with MBDA and its network of business center, and overall has created more than 16, 300 new jobs for Americans between FY 2009-FY 2011.