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The Next Generation of Youth Entrepreneurs in STEM Innovation

Blogged By: 
Demetria Gallagher, MBDA Senior Advisor
Created on February 16, 2016

STEM 3D PrinterLong before the concept of STEM entered the American lexicon, African-American scientists, educators, and entrepreneurs were creating important products, services, and businesses that helped shape the American economy. From Benjamin Banneker, a mathematician and polymath in 18th Century Maryland, to Dr. Charles Drew, a 20th Century doctor and blood specialist who revolutionized the process of blood transfusions, our nation has prospered and developed as a global leader in science, economics, and business, thanks to the significant contributions of men and women of color.

The stakes are high: America’s future success in the global arena depends on our ability to foster innovation within communities that historically have been under-served. As the world’s top scientists and engineers pave the way for new breakthroughs across emerging industries, the U.S. continues to be the global leader in science and technology discoveries. The Obama Administration has championed the 21st century STEM revolution.

Hannover Messe : An Opportunity to Select the USA as a Partner for Future Trade and Investment Endeavors

Blogged By: 
John B. Emerson is the U.S. Ambassador to the Federal Republic of Germany
Created on February 16, 2016

The following is a cross-post from Tradeology ITA's Blog, .

A few weeks ago, I had the pleasure of joining more than one hundred reporters at the Hannover Exhibition Center in Germany for the Press Preview for Hannover Messe 2016. Roughly 40 companies presented their latest products and innovations to representatives of media outlets from all over the world.  Journalists were not only eager to learn about new, cutting-edge technology, but also wanted to know what it means exactly for the United States to be the Partner Country for the world’s leading trade fair for industrial technology.

Select USA

The United States is truly honored to be the Partner Country or, in German, Partnerland for the 2016 Hannover Messe, and I know that Commerce Secretary Penny Pritzker and President Obama are excited to be coming to Germany in late April.  And the whole team from the U.S. diplomatic mission in Germany is fully engaged in making certain that our partnership is an unparalleled success.

Opportunity in the New Economy: MBDA Supporting Minority Businesses Now and in the Future

Blogged By: 
Alejandra Y. Castillo, MBDA National Director
Created on February 16, 2016

On January 12, 2016, President Barrack Obama delivered his final State of the Union Address to members of Congress. During his highly-anticipated annual address, President Obama spoke optimistically of America’s future and our progress in the areas of foreign policy, the economy, health care, social progress and his desire to transform America into the global leader in fighting climate change.

As we spotlight the Nation’s successes over the past seven plus years of the Obama Administration, we must also closely examine the state of minority businesses. According to data from the U.S. Census Bureau, by the year 2044, people of color will make up a majority of the U.S. population. The face of our nation is transforming and our diversity is one of our greatest strengths. It is what will keep us at the forefront of technology, innovation and the global marketplace. Minority businesses are essential to the economic success of our nation.

During his address, the President also posed several key questions. One in particular, is of special importance to us here at the Department of Commerce, Minority Business Development Agency; “How do we give everyone a fair shot at opportunity and security in the new economy?”

A Call to Action: Supporting the Next Generation of Innovators and Entrepreneurs

Blogged By: 
Marvin Carr and Kamau Bobb
Created on February 8, 2016

Last month, Americans across the nation celebrated the 30th official observance of Dr. Martin Luther King, Jr. Day, a day dedicated to celebrating the dreams that Dr. King had for a more inclusive and equal nation, and his historic and noble effort to turn these dreams into reality. One important part of continuing Dr. King’s effort is guaranteeing access to fulfilling educational opportunities for young people, particularly in the science, technology, engineering, and mathematics (STEM) fields. 

As technology continues to assume increasing prominence in our society, STEM skills are becoming more critical than ever. Currently, there are a half-million job openings in the United States in information-technology fields, with thousands more requiring training in STEM or computer science. Despite the importance and pervasiveness of STEM, there is a significant shortage of STEM opportunities for young people, especially young people of color.

Entrepreneur of the Month – February 2016

Blogged By: 
Created on February 8, 2016

Patricia WattsIn January 2016, we kicked off a new campaign called Entrepreneur of the Month, which allows MBDA audiences to meet creative business owners and executives who have leveraged MBDA’s programs and services in unique ways to foster growth. At MBDA, our core mission is infused with the energy and vision of minority business entrepreneurs, and in highlighting those who exemplify passion, innovation, and determination, we hope to inspire business owners of today and tomorrow.  

MBDA is proud to announce Patricia Watts of FCI Management as the February Entrepreneur of the Month. Her company, FCI Management,is a full service energy services company offering strategic energy solutions for corporate, residential, commercial and industrial clients, public and private school, universities, and government and municipal agencies.

Based in greater Los Angeles, FCI Management supports major contracts in the Southern California region and nationally since its inception in 1998.

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