In this NMSDC Equity in Business podcast episode, host John Daniel interviews Eric Morrissette, Deputy Under Secretary of Commerce for the Minority Business Development Agency (MBDA).
Eric shares his personal background and how his upbringing influenced his public service career. He discusses his roles at the Department of Commerce, the legislative achievements of the MBDA, and the persistent challenges facing minority-owned businesses, particularly in access to capital and procurement.
The conversation highlights the importance of partnerships, regulatory changes, and data-driven approaches to foster minority business growth and economic competitiveness. Eric also highlights key initiatives, including the Capital Readiness Program and the development of a comprehensive minority business data repository.
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Guest
Eric Morrissette, Deputy Under Secretary of Commerce, Minority Business Development Agency (MBDA)
Host and Production Specialist
John G. Daniel is a believer, advocate for underserved communities, and published writer, with vast transformative leadership experience in the energy sector, economic development, hurricane recovery, and youth/community education and empowerment. Itoro Umontuen is the Editor of this project and is an award-winning photographer, reporter, and mixed-media journalist.
About the Equity in Business Podcast
The United States is facing a racial wealth gap that has existed for over 330 years. But at the same time, businesses run by systematically excluded communities of color (Asian-Indian, Asian-Pacific, Black, Hispanic, and Native American) still contribute over $400 billion to the U.S. economy, even though these communities face barriers to information, capital, and contracts. Hosted by the NMSDC, this podcast channel explores how growing minority business enterprises (MBEs) is central to not only addressing the racial wealth gap but also creating a stronger, more resilient society for all.
