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How the Trans-Pacific Partnership (TPP) Benefits U.S. Small Businesses

Blogged By: 
MBDA
Created on December 29, 2015
 

TPP Made in AmericaThe Trans-Pacific Partnership TPP unlocks opportunities for U.S. small and medium-sized businesses, which are the backbone of the U.S. economy. By addressing trade barriers that are particularly challenging for small businesses to navigate, TPP allows our small businesses to reach new markets in the Asia-Pacific region.

Eliminating foreign taxes in the form of tariffs across the TPP region. These barriers can price out of foreign markets many of the goods and agricultural products made by U.S. small businesses.

Making it cheaper, easier, and faster for businesses to get their products to market by creating efficient and transparent customs procedures that help move goods quickly through borders.

Spotting the Signs of a B2B Scam

Blogged By: 
Federal Trade Commission, Business Blog
Created on December 29, 2015
 

Small Business ScamsA small business or nonprofit gets what appears to be an invoice for a listing in an online yellow pages directory. On the face of it, it looks legit. It includes the name of an employee at the office, a copy of what the listing looks like, the “walking fingers” symbol associated with directories – and a demand for the $486.95 the business or nonprofit supposedly owes for the listing. What’s really going on? As an FTC case against Canadian scammers suggests, chances are it’s a fraud targeting small businesses, doctors’ offices, retirement homes, churches, etc. And your company or community group could be at risk.

Earlier this year, the FTC sued Ivan Chernev, German Lebedev, American Yellow Corporation, and a host of Montreal-based entities for pulling a fast one on smaller offices. It was bad enough that they billed the businesses and nonprofits for unauthorized listings. But when the companies that got the phony invoices dared to fight back, the FTC says the defendants turned up the heat. Recipients who ignored the bogus bills were sent collection warnings demanding payment of more than $2,000. When they refused to knuckle under, the defendants masqueraded as third-party debt collectors. In March 2015, the court halted the operation and froze the defendants’ assets pending litigation. The defendants didn’t respond, so the court entered a default judgment. That order requires the defendants to pay more than $1.2 million and bans them for life from the directory business.

Innovation & Entrepreneurship Exchange in Arizona & California

Blogged By: 
MBDA
Created on December 28, 2015
 

Innovation and Entrepreneurship Tour: April 10-16 2016 in Arizona & CaliforniaThe Fifth Americas Competitiveness Exchange on Innovation and Entrepreneurship (ACE) invites key leaders and decision makers to experience first-hand successful projects and experiences in the United States.  The activity is carried out under the framework of the Inter-American Competitiveness Network (RIAC) Work Plan for 2016-2018 to facilitate the exchange of good practices, create partnerships for development and deepen collaboration on the 200 successful experiences that OAS Member States have shared in the 2012-2015 Signs of Competitiveness Americas Reports www.riacreport.org.

This six-day tour will showcase catalytic drivers such as advanced technology centers, innovation hubs, public-private partnerships, and strategic investments in the U.S. States of Arizona and California, including the cities of Phoenix, AZ; Chandler, AZ; Gilbert, AZ; Oracle, AZ; Tucson, AZ; San Luis, AZ; Yuma, AZ; Imperial Valley, CA; and San Diego, CA. Featured sites on the tour will target the following clusters: manufacturing, medical devices, water, agriculture, energy, and information and communication technology.

Asian American and Pacific Islander Business Leaders work to Increase Diversity

Blogged By: 
Dijon Rolle, Press Secretary
Created on December 21, 2015
 

It’s a long-standing problem that continues to impact businesses and organizations across the nation at every level. A group of more than 100 Asian- American and Pacific Islander (AAPI) business leaders and owners gathered in Washington, DC, to seek answers and develop a plan of action to increase diversity and business opportunities within the AAPI community.  

Members of the White House Initiative on Asian Americans and Pacific Islanders(WHIAAPI), the Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (ACE),and the U.S. Department of Commerce, Minority Business Development Agency (MBDA), partnered to host the Asian American and Pacific Islander Employee/Business Resource Group National Roundtable II. The day-long event was held at the U.S.  Department of Commerce’s Herbert Hoover Building on Dec. 8, 2015 and hosted by Albert K. Shen, MBDA National Deputy Director.

Annual Updates to the Survey of Business Owners on the Horizon!

Blogged By: 
MBDA
Created on December 18, 2015
 

The U.S. Census Bureau, the Ewing Marion Kauffman Foundation, and the Minority Business Development Agency (MBDA) have teamed together to fund the first annual survey focused on the characteristics of employer businesses and their owners.

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