Economic Perspectives

Providing information on small business, financial literacy, economics, and banking for main street and underserved communities

Economic Perspectives Podcast of the Week: Interview with U.S. Minority Business Development Agency National Director David Hinson

The Economic Perspectives Podcast of the Week available for listening on our web site is an interview with David Hinson, National Director of the U.S. Department of Commerce Minority Business Development Agency (MBDA).  To listen to the interview with Hinson click here: David Hinson Interview.

MBDA’s Mission is to foster the growth and global competitiveness of U.S. businesses that are minority-owned.  Hinson, who was appointed to the position by the Obama Administration on July 15, 2009, will be a keynote speaker at the PeopleFund Conference on Economic Opportunity on October 24 in Austin.

David Hinson

David Hinson

MBDA, through its network of 48 minority business centers throughout the country, provides one-on-one workshops and business consulting services for minority businesses to help educate them about federal opportunities, including those related to the American Recovery and Reinvestment Act.  It’s strategic goals are to:

  1. Increase the number of businesses that are minority-owned at the $1billion level
  2. Establish MBDA as the agency of choice for businesses that are minority-owned, policymakers, and the private sector
  3. Implement operational efficiencies throughout MBDA

Before his appointment to lead MBDA, Hinson was President and CEO of Wealth Management Network, Inc., a multi-million dollar independent, financial advisory boutique for 7 years. Prior to launching Wealth Management Network, David managed a 10-state sales region as Director of Advisory Services for Envestnet Asset Management, a $70 billion financial advisory firm.

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