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Blog November 2013


Army Veteran Finds Valued Mission

Blogged By: 
Alberto Betancourt, Press Secretary
Created on November 8, 2013
 

Retired U.S. ArmyEvery day I go to work wearing a small pin on my coat’s lapel. The pin is black and gold with a white star in the center. Although the pin is no larger than half an inch, it represents more than 26 years of military service.

I retired from the U.S. Army approximately one and a half years ago. Leaving the organization that I credit with instilling tremendous values in me was the hardest thing I’ve ever done in my life. Honestly, I was petrified to leave and face a world outside of the disciplined parameters that made up my Army life.

I admit I had a complete military career. I served in numerous overseas deployments. I served as a mentor, a leader and I had great mentors and leaders who will forever be a part of my life as well. So, in reality, I was ready to move-on and share my knowledge as a veteran in another capacity.

SelectUSA Investment Summit Concludes with a Focus on Forging Stronger Global Business Alliances

Blogged By: 
MBDA
Created on November 7, 2013
 

Secretary Pritzker Secretary of Commerce Penny Pritzker wrapped up the inaugural SelectUSA 2013 Investment Summit, following two high-impact days of meetings and discussions among senior government officials, major business executives, global economic experts and U.S. economic development officials about strategies to increase foreign direct investment (FDI) in the United States.

Secretary Pritzker also opened the final day of the Summit, where she announced changes to the eligibility requirements for the Manufacturing Council that will allow representatives from U.S. subsidiaries of foreign-owned or controlled firms to become members. The expanded eligibility rules will add new perspectives to the Council, which advises the Commerce Secretary on policies and initiatives to increase FDI in the U.S. manufacturing sector, including SelectUSA.

New Dates for Affordable Care Act 101 Webinars

Blogged By: 
MBDA
Created on November 6, 2013
 

With new health insurance marketplaces now open, the Small Business Administration and Small Business Majority are excited to announce the next set of Affordable Care Act 101 weekly webinar dates.

Each week, small business owners can learn the basics of the Affordable Care Act and how they can enroll in small business health insurance marketplaces. Other topics discussed include insurance reforms, the small business health care tax credit, and employer shared responsibility provisions.  SBA representatives help small business owners understand the facts of the Affordable Care Act so they can make informed decisions about providing health insurance for their employees.

The Affordable Care Act 101 takes place every Thursday at 2 PM ET. Below are the registration links for upcoming presentations.

New Online Security Course Available to Small Business Owners

Blogged By: 
SBA News
Created on November 5, 2013
 

Learning on a keyboardSmall businesses can help keep their business information safe and protect their online information with a new free course from the U.S. Small Business Administration.

In support of President Obama proclaiming October as National Cybersecurity Awareness Month, SBA is launching this new course, designed for small businesses, to provide an overview on how to secure business information, identify security threats and guard against cyber-attacks. 

Cybersecurity for Small Businesses is one of SBA’s newest online courses to help business owners safeguard their information from computer attacks and determine their readiness against security breaches.  The course, available at http://www.sba.gov/tools/sba-learning-center/training/cybersecurity-small-businesses, teaches best cybersecurity practices and protection against cyber threats for the nation’s small business community.

Native American Heritage Month

Blogged By: 
David A. Hinson, National Director

As we celebrate Native American Heritage Month the Minority Business Development Agency would like to pay tribute to the rich ancestry and traditions of Native Americans. While we take great pride in honoring their many accomplishments and contributions to American society, I want to highlight their contributions to the U.S. economy and the minority business community. Here are some quick facts about the Native American business community:

  • There are 236,000 Native American-owned firms in the U.S.

  • 10 percent have paid employees (average 8 per firm), and over $1.2 million in annual receipts.

  • This sector generates $34.4 billion in annual economic output.

  • Native American-owned firms employ 185,000 workers.

MBDA continues to invest in Indian Country to support job creation and economic development through the operation of MBDA Business Centers in states with large American Indian populations. MBDA now has six centers addressing the unique economic challenges and opportunities in Indian Country. The centers are located in Alaska, California, Connecticut, North Dakota, New Mexico, and Oklahoma.

Did you know...

The percentage of clients with annual revenues in excess of $500,000 increased over the last five fiscal years.
Graph for MBDA Client Portfolio made up by SGI Clients

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