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Blog October 2012


Young Entrepreneurs, Capital, and Markets Key to Economic Expansion in Indian Country

Blogged By: 
Patricia Tomczyszyn
Created on October 1, 2012
 

White House Business Council Forum on Business in Indian CountryPresident Obama created the White House Business Council to hear directly from business owners about what the Administration can do more of – or less of – to help create jobs; and to ensure that businesses are aware of the programs and resources that can help their companies grow. That’s exactly what occurred last week at the White House Business Council Forum on Business in Indian Country. The Forum brought Native American and Alaska Native business owners together with non-profit Indian Country support organizations to discuss ideas that can lead to job creation and economic expansion. We were proud to have the participation of Acting Secretary of Commerce, Dr. Rebecca Blank, who listened and responded candidly to a number of concerns, suggestions and feedback.

Overall, the day’s dialogue centered around three core challenges—preparing and retaining future leaders and entrepreneurs; raising capital for emerging businesses; and finding domestic and international markets for tribal commodities such as natural resources and agricultural products.

Did you know...

MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
Graph for Dollar Value of Capital

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