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).
What We Do: 8(a) Minority-Owned Business Development Program. The United States Federal Government is dependent on contractors, both large and small, to provide high quality goods and services of all kinds. Small businesses are vital to this in all industries, from paper to concrete to web development. By law, the federal government has to award a percentage of all contracts to Minority Owned businesses. Once you are 8(a) certified, your competition is virtually eliminated. Get your 8(a) Certification so you can receive those guaranteed contracts.