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asowah's blog

Export Success Series: Increasing Opportunities For U.S. Trade In Nicaragua and Guatemala

Blogged By: 
Department of Commerce Blog
Created on June 17, 2015

Business CounselingThis post originally appeared on the Department of Commerce blog.

Two Central American countries, Nicaragua and Guatemala, continue to open doors for American companies who are seeking out new markets. The U.S. Commercial Service, the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration, helps U.S. companies get started in exporting and increase their sales to new markets around the world. Recently, the U.S. Commercial Service office worked with two companies, Second Frontiers and Battery Concepts, helping them expand sales and services into these important Central American countries.

Second Frontiers, a global technology consulting firm specializing in the electronic equipment industry, announced their intentions to expand services to new markets and trade partners. In August of 2014, with the assistance of the Denver, Colorado U.S. Commercial Service office, Second Frontiers used the unique business match-making services that are part of the Gold Key Service program to travel to five Central American countries, including Nicaragua and Guatemala, to meet with prospective trade partners in their industry sector. The Gold Key program provides American firms of all sizes with customized, prescreened meetings with potential overseas clients. As a result of these meetings and expanded trade opportunities, Second Frontiers is now exploring the possibility of building additional office space, warehousing, and distribution centers in the U.S. The progress of their partnerships in foreign markets has been a major catalyst for Second Frontiers domestic growth and increased sales.

Using Short-term Debt to Meet Long-term Needs

Blogged By: 
Created on June 17, 2015

Dollar Bill and FinanceThis post originally appeared on the NIST MEP Blog

Stretching your businesses working capital through various types of short-term debt instruments can be a good solution to finding the cash to fund revenue-generating marketing programs or help your company manage when clients don’t pay bills on time. Some of these short-term debt products may be particularly useful to business owners who may be discouraged by current bank lending practices.  Manufacturing companies are increasingly using a product, commonly referred to as Asset Based lending as an alternative to bank loans.

Making it in America

Blogged By: 
The National Institute of Standards and Technology
Created on June 10, 2015

Making it in America showcases the opportunities manufacturing offers millions of workers and the variety of career pathways available. U.S. manufacturers are the most productive in the world. They come from many different sectors and make the products that enrich our daily lives. Download the infographic.

Learn more about Minority-Owned Manufacturers.

SBIR Pulse - 2015 National Conference Special Edition - STE(A)M Innovation Pipelines Session

Blogged By: 
Javier Saade, SBA Official
Created on June 9, 2015

This post originally appeared on the

2015 SBIR/STTR National Conference

The 2015 SBIR/STTR National Conference is just around the corner – June 15 to 17 at the Gaylord Conference Center just outside of Washington, DC.

Don’t miss the opportunity to interact with government SBIR/STTR program managers and staff, industry leaders, and veteran SBIR/STTR awardees. You’ll learn how to access SBIR/STTR, build partnerships, and create successful commercialization strategies. Opportunities include roundtable discussions, 1-on-1 meetings, and conference sessions. Click here to register for the conference.

To prime attendees for the event, we are releasing a series of blogs to provide more in-depth information on some of the panel sessions. This edition features a session on growing and empowering novel STE(A)M innovation pipelines.

Prioritization Upgrade: Expanding Diversity in Our Technology Ecosystem Now

Blogged By: 
Megan Smith and Valerie Jarrett
Created on June 9, 2015

Tech TalentThis post originally appeared on the White House Blog

We are excited to be out in California today to roll up our sleeves and participate in the “Diversity in Tech” workshop, hosted by the White House and the Kapor Center for Social Impact. We are here to brainstorm and strategize with innovators from throughout the technology ecosystem to learn about what's worked for employers to recruit, retain, and advance top talent from under-represented communities, and for venture capitalists to fund and advise the full range of early start-up teams. We will hear about what’s working already that could be scaled now, as well as understand where challenges need pilot exploration work and urgent innovation.

According to the Kapor Center, of all workers in the U.S. tech sector, only 7% are Latino, 6% are African-American, and only 15% come from the AAPI community. And women occupy only 28% of STEM jobs in the American workplace. According to surveys, 87% of U.S. venture capital-backed business founders are white, 12% are Asian, and less than 1% are African American. Less than 3% of companies that receive venture capital funding have a woman CEO. As a nation, we are leaving top talent on the sidelines, and that is a mistake for American businesses in a globally competitive economy.  

“If you always do what you always did, you will always get what you always got.”

— Albert Einstein

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