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Blog March 2013


MBDA Honors the Life and Legacy of Abraham S. Venable (1930-2013)

Blogged By: 
MBDA
Created on March 8, 2013
 

Abe VenableIn 1970 Abraham S. Venable was appointed by President Richard Nixon to serve as the Minority Business Development Agency’s first African American Director. Under his leadership, President Nixon signed Executive Order 11625 to develop and coordinate a national program for minority enterprise that has now been in existence for over 40 years. After leaving MBDA, Mr. Venable remained dedicated to championing minority-owned firms and spent nearly 20 years working with General Motors Co., to increase its business relationships with minority-owned dealerships, suppliers, insurers and banks. Mr. Venable’s efforts helped to spur the dramatic growth of opportunities for minority-owned businesses in both the public and private sectors in recent decades.

In recognition of Mr. Venable’s estimable record of minority business advocacy, MBDA named a National Minority Enterprise Development (MED) Week award in his honor, the “Abe Venable Award for Lifetime Achievement,” to acknowledge individuals who have played an integral role in the creative, technical or professional progress of the minority business community. Recent honorees have included Rush Communications LLC Founder Russell Simmons and U.S. Representative Silvestre Reyes. Through this award, MBDA is ensuring that Mr. Venable’s legacy of fostering economic opportunities for minority entrepreneurs will endure.

Get Ready......it's Tax Season!

Blogged By: 
Calvin W. Goings, SBA Regional Administrator
Created on March 1, 2013
 

TaxesAs a business owner you need to understand how taxes are going to affect you and your business. It is important that you file properly, avoid audits, and claim the right tax deductions.

Here are a five tips that may ease the burden of tax preparation and to help you get ready for the April 15, 2013 deadline.

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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