Your employer sets up an HRA for each participant. The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. Each plan year, your employer contributes a specified amount to each participantâs HRA. As long as there is money in your account, you can use the funds toward eligible HRA expenses.
Explanation: The Minority Business Development Agency (MBDA) is a bureau within the United States Department of Commerce. The Agency's mission is to promote the growth and competitiveness of minority business enterprises (MBEs).
To help minority suppliers overcome these obstacles, large companies can actively recruit diverse suppliers by advertising in supplier diversity publications, such as Minority Business News, Diversity Monitor, and Diversity Inc., using their companiesâ websites to attract minority suppliers, and utilizing intermediary organizations to identify qualified minority suppliers.