You are hereHome > Blogs
Created on September 7, 2012
Some companies excel at today’s business. Those companies keep the wheels of the economy turning. Other companies innovate. These are the companies that build a better economy for tomorrow and raise living standards for all.
The largest companies have mammoth resources at their disposal for innovation. And so it is, and so it should be, that the most storied innovators are always the underdogs — those working in the garage.
Your garage may be lonely, but you do not work alone. America stands behind its minority business enterprises and salutes its innovators. In particular, America honors its enterprising leaders of this generation and of generations past for their historic and continuing contribution to the America we take pride in today. To sustain its greatness, America must continue to foster innovation domestically, attract the most talented and energetic business leaders from around the world and put their skills to work in this nation.
Created on August 31, 2012
This summer millions of business across the country were forced to close their doors in the aftermath of power outages, approaching wildfires, and flooding caused by tropical storms. Business interruptions, even if it lasts just a few hours, cost business owners greatly in terms of lost productivity and profits.
|Created on August 30, 2012|
Yesterday, MBDA National Deputy Director Alejandra Castillo wrapped-up a two day visit to California to meet first hand with the California High Speed Rail Authority (CHSRA) and prime contractors for the BART Warm Springs and the Transbay Terminal in San Francisco. Meetings included productive conversations with CA High Speed Rail Authority, Kiewit, Tutor Parsons Zachary Group, Skanska Shimmick and Herzog Joint Venture, and the Webcore Obayashi Joint Venture.
During these meetings, National Deputy Director Alejandra Castillo highlighted three overarching issues that must be factored in for the CHSRA and its prime contractors to achieve a 30 percent participation rate of Small Business/Disadvantaged Businesses for the California high speed rail project. First and foremost, is the need to develop and execute an aggressive communication and outreach plan to effectively and creatively notify potential minority-owned firms of the project, contracting opportunities and teaming arrangements. A second consideration is for the CHRA and prime contractors to create a dynamic and broad-based inventory of qualified and capable minority-owned firms. Lastly, Ms. Castillo offered to leverage the Federal government to assist with identifying minority-owned firms with experience in construction and infrastructure projects.
|Created on August 29, 2012|
Representing minority-owned businesses nationwide, Alejandra Castillo, is blazing a path through California’s bay area to ensure that MBDA clients will have a fair shot at the many contracting opportunities surrounding the construction of the California high-speed rail system. Ms. Castillo arrived in San Francisco yesterday to begin a series of meetings with the California High Speed Rail Authority (CHSRA). The high speed rail will link Los Angeles and San Francisco in less than 2 hours and 40 minutes, traveling at speeds approaching 220 miles per hour.
The $68 billion project has the potential to create 100,000 jobs for each year that construction is underway and another 450,000 permanent new jobs statewide over the next 25 years. High-speed rail means tens of thousands of good, family-supporting jobs for California — jobs not just to build the trains and the train line, but also jobs to operate and maintain it. And there’s more — hundreds more jobs will be created for suppliers, restaurants and other businesses along the route.
Just last week, California High Speed Rail Authority CEO, Jeff Morales, signed a Small and Disadvantaged Business Enterprise Policy, formalizing a 30 percent small business participation goal. “MBDA is very excited about this project and its prospects of putting Americans back to work. We are collaborating with our partners to ensure that 30% of the project will be completed by minority-owned firms,” said Alejandra Castillo, National Deputy Director of the Minority Business Development Agency.
MBDA National Director Hinson Builds Relationships with Brazil In Line with Obama Administration NEI Goals
The trip provided an opportunity for Commerce’s MBDA to help push forward on the Obama administration’s National Export Initiative (NEI) by fostering greater access to emerging markets in Brazil for minority business enterprises. Helping the administration achieve its NEI goal of doubling exports by the end of 2014 is a top priority for MBDA, because more exports mean more jobs. Through the NEI, MBDA is thinking strategically about the sectors and markets that give America’s minority businesses a comparative advantage globally. Brazil is one of those key markets.