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).
'It really is in the state's best interest to use all of our small businesses, including our minority-and woman-owned firms,' Jenkins says. Who is eligible: For most programs, at least 51 percent of a business needs to be owned by a member of a minority group in order to qualify for certification.he Small Business Administration's 8(a) Business Development Program helps minority-owned companies win contracts in the public sector. In order to comply with the Small Business Act, certain government agencies need to complete their federal contracts with 8(a) participants.