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Doing Business in Africa Forum Presents Opportunities for American Businesses in Sub-Saharan Region

Created on February 26, 2013
 

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade and David Hinson, National Director, Minority Business Development Agency

Earlier this week, we attended the Doing Business in Africa Forum at the White House. This was the first forum of the Doing Business in Africa campaign that the Commerce Department launched three months ago in Johannesburg, South Africa. Deputy Secretary of Commerce Rebecca Blank gave the opening remarks and focused on strengthening commercial ties between the United States and Sub-Saharan Africa. She emphasized that as the continent’s wealth increases, so does the demand for improved infrastructure, energy services, and high-quality consumer and agricultural products – all of which American companies are well positioned to provide.

Spotlight on: The Memphis MBDA Business Center

Blogged By: 
MBDA
Created on February 25, 2013
 

The name “Tennessee” originated from an old Yuchi Indian term "Tana-see" meaning "The Meeting Place".  With the state’s long history of entrepreneurship and innovation, it’s no coincidence that an MBDA Business Center has made its home in Memphis.  

MBDA: Your Partner for Growth and Expansion

Blogged By: 
David A. Hinson, National Director
Created on February 25, 2013

David Hinson, National Director

On February 12, President Obama delivered his annual State of the Union Address to a joint session of Congress. Last year when addressing the same body, the President laid out a blueprint of an economy built to last. One built on the idea that if we all play by the same rules and everyone is given a fair chance, America can succeed.

In the year since that speech, the United States has seen tremendous growth. The economy added 1.8 million new jobs.  Exports reached record levels in 2012 of $2.2 trillion and the deficit shrank by $200 billion.

This year, the President outlined a path forward, continuing the progress made in 2012. He proposed fair and sensible tax reform that benefits small businesses and investments in manufacturing hubs across the country to foster continued growth in that sector. As he noted, the manufacturing sector has added about 500,000 new jobs during the past three years. Reinforcing the idea that "Made in America" is still the best brand around the world, companies like Caterpillar and Apple are bringing jobs back to America.

Los Angeles Mayor Establishes City Contracting Office

Blogged By: 
Terry Richards
Created on February 25, 2013
 

On Friday, January 4, Los Angeles Mayor Antonio Villaraigosa signed Executive Directive No. 27 establishing the Office of Contractor Relations for the City of Los Angeles.

The office, part of the Mayor’s Economic and Business Policy Office, is designed to enact and oversee programs, policies, and procedures to ensure that all businesses, including small, women-owned and minority-owned businesses, have an equal opportunity to participate in city contracts.  It will be tasked with the responsibility to establish and achieve contracting goals as well as strengthen the city’s outreach to minority, veteran, and women-owned firms.

Financing Options for Growing a Global Business

Blogged By: 
Joann J. Hill, Sr. Program Manager, Global Capital Access
Created on February 25, 2013
 

Export-Import Bank: Your Global Finance Partner

As U.S. businesses seek to expand their global footprint in emerging markets, the demand for a dependable global financial partner is imperative.  The Export-Import (Ex-Im) Bank of the United States is the official credit agency of the United States and offers solutions to U.S. companies to assist with demystifying international financing options.  Its mission is to assist in financing the export of U.S. goods and services to international markets. 

Did you know...

MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
Graph for Dollar Value of Capital

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