Remarks focused on work of Walker’s Legacy to empower women, importance of Agency in promoting economic opportunities for diverse firms

Washington, DC --  On March 5,  the Minority Development Agency (MBDA) of U.S. Department of Commerce celebrated its historic 50th anniversary at a celebration held at the Department of Commerce’s Herbert C. Hoover Building which included remarks by entrepreneur and philanthropist, Natalie Madeira Cofield.

Established in 1969 by President Richard Nixon to advance the agenda of economic opportunities for minority businesses, MBDA remains the only Federal agency missioned to promote the growth of minority-owned businesses through the mobilization and advancement of public and private sector programs, policy, and research.  

Cofield’s remarks were provided alongside other notable commemorative activities including recognition of past Agency directors, an MOU signing between the Agency and the US Chamber of Commerce,  and a fireside discussion with entrepreneur and athlete Emmitt Smith.

Cofield’s involvement continues a number of other historic moments with the Agency including her being named among the youngest recipients of the Advocate of the Year award in October 2018 and the recent awarding of the Global Minority Women Entrepreneur Initiative Grant to aid in advancing the preparation of and opportunities for minority women entrepreneurs.

Natalie Madeira Cofield is the founder and CEO of Walker’s Legacy, the largest digital business platform for multicultural women and the Walker’s Legacy Foundation, the organization’s nonprofit sister arm which is missioned to encourage entrepreneurship and financial empowerment amongst economically challenged women and girls of color.

Please click here to view Cofield’s remarks.


About Walker’s Legacy

Walker’s Legacy,, is a digital platform for the professional and entrepreneurial multicultural woman. We exist to inspire, equip, and engage through thought-provoking content, educational programming, and a global community.   

About the Walker’s Legacy Foundation

Walker’s Legacy Foundation,, exists to provide the entrepreneurial, financial and professional supports needed to improve economic prosperity and reduce economic inequality for multicultural women and girls, globally.  

About the Minority Business Development Agency (MBDA)

MBDA,, is the only Federal agency solely dedicated to the growth and global competitiveness of U.S. minority-owned businesses. Our programs and services better equip minority-owned firms to create jobs, build scale and capacity, increase revenues and expand regionally, nationally and internationally. Services are provided through a network of MBDA Business Centers. After 47 years of service, MBDA continues to be a dedicated strategic partner to all U.S. minority-owned businesses, committed to providing programs and services that provide greater access to capital, contracts and markets.