HOME   |   CONTACT   |   MY BUSINESS TOOLS    Facebook Twitter LinkedIn Google+ Subscribe to MBDA Newsletter

You are hereHome > Blogs > asowah's blog

asowah's blog


Cash Flow Strategies to Make Your Exports More Competitive

Blogged By: 
Jonathan Rees is the Managing Director of Western Union Business Solutions
Created on May 16, 2014
 

This post originally appeared on the Tradeology, the ITA Blog

Jonathan Rees is the Managing Director of Western Union Business Solutions in North America. Western Union Business Solutions is an International Trade Administration Strategic Partner.

Monthly U.S. Goods and Services Exports - January 2009 - March 2014A healthy U.S. economy includes strong exports. In an age of ever-increasing global trade, these exports indicate the demand for U.S. products and services, particularly in countries with an expanding middle class.Since 2010, the government has committed to help U.S. businesses find buyers worldwide, win more contracts, and learn new ways to sell products and services overseas. This commitment highlights the importance of small and medium-sized enterprises (SMEs) in propelling the American economy.

However, after a sharp appreciation, over the last two years U.S. exports have been showing signs of hitting a plateau.

The good news is this: U.S. exports have abundant room to grow. In fact, compared to other industrialized countries, there are signs that the United States is only beginning to tap into its export potential.

MBDA Public Servant Reflects on 42-years of Federal Service

Blogged By: 
Alberto Betancourt, MBDA Public Affairs Specialist/Media Relations
Created on May 14, 2014
 

In March, the Minority Business Development Agency (MBDA) celebrated its 45th anniversary. And as the Agency begins planning for the next 45 years, it will do so missing a key team player.

Venice Pamela Harris was 17-years old when she started working with the U.S. Department of Commerce in 1972. She was still in high school when she applied and was accepted into the Junior Technician Program, a federal program managed by the Office of Personnel Management (OPM) that was geared for high school students who didn’t plan on going to college. Little did she know that entering that program would lead to a memorable and rewarding 42-year federal service career.

“In high school, my curriculum was geared towards business. I had a lot of shorthand, typing classes,” she said. “What’s funny is that DEA also had a program where they recruited young high school ladies for entry-level secretarial positions. I also applied for their program, was accepted and offered a GS-3 position. It was a tough decision to make, but I decided to go with the Department of Commerce’s GS-1 position working with the Office of the Secretary (OS), Office of Personnel.”

Harris thanks Mrs. Ruffin, her high school business teacher, for helping her make that decision—the one she said was “the right decision.”

Asian-Pacific Islander American Business Leaders Convene in Nation’s Capital for Historic Meeting

Blogged By: 
MBDA
Created on April 2, 2014
 

AAPI Business RoundtableSince 1977, the month of May recognizes the achievements and contributions of Asian Americans, Pacific Islanders and Native Hawaiians to the American story. The legislation honoring the significance of our Asian American and Pacific Islander (AAPI) heritage was introduced by some of the finest Asian Americans in U.S. history: Congressman Norman Mineta, Senator Spark Matsunaga, and Senator Daniel Inouye.

On May 5th, the White House Initiative for Asian American, Native Hawaiian and Pacific Islander (AAPI) heritage hosted a business roundtable at the U.S. Department of Commerce, where representatives from the Small Business Administration, International Trade Administration and the Minority Business Development Agency (MBDA), met with more than 50 AAPI business leaders from around the country.

Secretary Pritzker Announces Next Phase of the National Export Initiative — NEI/NEXT

Blogged By: 
ITA
Created on May 14, 2014
 

This post originally appeared on the Tradeology, the ITA Blog

NEI NextSecretary Penny Pritzker announced NEI/NEXT – a data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world. Through five core objectives, NEI/NEXT will build on Administration-wide achievements under the National Export Initiative (NEI), to help all businesses reach the 95 percent of consumers who live outside the United States.

Under the NEI, the United States has had four straight record-breaking years of exports – hitting an all-time high of $2.3 trillion dollars last year – up $700 billion from 2009. The NEI has been instrumental in strengthening high-level commercial advocacy on behalf of U.S. companies, increasing small business participation in trade events, partnering with regions to develop export plans, expanding strategic partnerships to promote exports,  implementing our trade agreements, enforcing U.S. trade rights, and driving the most ambitious trade agenda in a generation.

In a new economic report released today by the Department of Commerce, data shows that nearly one-third of the country’s economic growth since mid-2009 has been driven by exports. Nearly 30,000 businesses have started exporting for the first time. And most importantly, since 2009, the number of jobs supported by exports has grown by 1.6 million to more than 11.3 million – the highest in 20 years.

Celebrate Asian American and Pacific Islander (AAPI) Heritage Month

Blogged By: 
MBDA
Created on May 12, 2014
 

AAPI Heritage Month

During Asian American and Pacific Islander (AAPI) Heritage Month, we celebrate the accomplishments of Asian Americans, Native Hawaiians, and Pacific Islanders, and we reflect on the many ways they have enriched our Nation. Asian American and Pacific Islander entrepreneurs and businesses play a vital role in economic growth, job creation, and community revitalization.

This May, the theme for Asian Pacific American Heritage Month (APAHM) is “I Am Beyond.” The phrase captures the aspirations of the American spirit and how Americans of Asian and Pacific Islander descent have always sought to excel beyond the challenges that have limited equal opportunity in America. This year we want to amplify the AAPI voice and highlight the valuable impact the community has made as we go into the 37th year of this celebration of culture. Share your unique story using #IAMBEYOND on social media.

Did you know...

MBDA Minority Business Centers helped clients secure contracts totaling $6.9 billion during the last 5 fiscal years.
Graph for Dollar Value of Contracts

Upcoming Events

[Within 90 days]
07/23/2014 (All day) - 07/26/2014 (All day)
07/31/2014 (All day) - 08/07/2014 (All day)
07/31/2014 (All day) - 08/01/2014 (All day)
08/07/2014 (All day) - 08/10/2014 (All day)

What MBDA Does