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Congressman Cedric Richmond Recognizing the Minority Business Development Agency on its 45th Anniversary

Blogged By: 
MBDA
Created on March 6, 2014
 

Congressman RichmondHON. CEDRIC L. RICHMOND
OF LOUISIANA
IN THE HOUSE OF REPRESENTATIVES
Wednesday, March 5, 2014

Mr. RICHMOND. Mr. Speaker, I rise today to applaud the Minority Business Development Agency on this its 45th Anniversary. Established in 1969, the MBDA has worked tirelessly and diligently to promote the growth and global competitiveness of a critical segment of the U.S. Economy, the minority business community.

U.S. Department of Transportation invites you to the “Women In Transportation Symposium: Promoting Future Industry Leaders”

Blogged By: 
MBDA
Created on March 4, 2014
 
 
 
Wednesday, March 5, 2014 - 10:00am to 2:00pm
 
Location
U.S. Department of Transportation Headquarters
1200 New Jersey Ave SE
Washington, DC 20590

Women in Transportation Symposium: Promoting Future Industry LeadersThe U.S. Department of Transportation (USDOT) Office of Small Disadvantaged Business (OSDBU) invites you to the “Women In Transportation Symposium: Promoting Future Industry Leaders.” Hosted by the OSDBU, and in partnership with the National Association of Black Women in Construction (NABWIC), the event commemorates Women’s History Month by focusing on the empowerment of Women Owned Businesses and young women interested in careers within the transportation industry.

Attendees will learn about new initiatives, resources to help grow their businesses and upcoming contracting opportunities from DOT leadership, including Acting Deputy Secretary Victor Mendez, and key industry stakeholders. Agency internship program leads and private sector representatives will be available to provide career tips and discuss available resources to high school and college students.

There will also be an active Networking Session where attendees will have the chance to interact, increase their marketing efforts and learn about potential opportunities directly from Small Business Specialists from each DOT Mode, state and local transportation representatives, and Prime Contractors. Representatives from across the Mid-Atlantic Region will also be available to discuss the upcoming Purple and Red Line Metro Projects in Maryland and the South Capital Bridge Project in the District of Columbia.

Capacity is limited and participants must be pre-registered. For security purposes, all participants must present a picture I.D. on the day of the event. Doors will open at 9:00 am, at the main building entrance.

Look South for your Next Customer!

Blogged By: 
Gabriela Morales, MBDA, Business Development Specialist
Created on February 24, 2014
 

Western HemisphereAre you a minority business enterprise? Look south for your next customer! Secretary of Commerce Penny Pritzker announced the Look South initiative in January. The initiative is a U.S. Commerce Department-led, federal effort to encourage entrepreneurs like you to do business with our Free Trade Agreement (FTA) partners in Latin America. The 11 FTA economies are Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Peru.

Minority business enterprises have great opportunities in looking south for their next customer, since MBEs are more likely than non-minority-owned firms to export, five times more likely to conduct business in languages other than English, and typically possess cultural knowledge and business acumen that enables breaking into the global market more efficiently and effectively.

That is why the Minority Business Development Agency (MBDA), in collaboration with the International Trade Administration (ITA) and other federal agencies, are working to encourage greater export activity among the nation’s 5.8 million minority-owned and managed firms. Through nationwide MBDA Business Centers and ITA’s U.S. Export Assistance Centers, minority-owned firms have access to financing, market analysis, technical assistance and other services to help expand their reach.

U.S. Secretary of Commerce Penny Pritzker Recognizes African American Heritage Month & Highlights CEO Fireside Chat

Blogged By: 
U.S. Secretary of Commerce Penny Pritzker
Created on February 19, 2014
 

The Fifth Anniversary of the American Recovery and Reinvestment Act

Blogged By: 
Jason Furman is the Chairman of the Council of Economic Advisers
Created on February 19, 2014
 

This post originally appeared on the White House blog.

Five years ago, on February 17, 2009, less than a month into his first term, President Obama signed into law the American Recovery and Reinvestment Act of 2009. At the time, the country was experiencing the worst economic crisis since the Great Depression. Private employers had already cut almost 4 million jobs, trillions in dollars in household wealth had been wiped out, and the economy’s total output was in the midst of its sharpest downturn of the postwar era. 

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Number of jobs created as a result of services provided by MBDA business centers during the last 5 fiscal years.
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