Created on June 16, 2014
The American Indian Chamber of Commerce of New Mexico, along with the New Mexico Indian Affairs Department, hosted the 8th Annual New Mexico Native American Economic Summit, May 20-22 in Albuquerque, N.M.
The intent of the summit was to promote the development of a healthy, self-sufficient American Indian Economy, both on and off the reservation. The mission was both simple and powerful: “To help Native People achieve successful economic development initiatives while incorporating, strengthening and building upon tribal values,” said Ted Pedro, Director, Santa Fe MBDA Business Center.
Pedro said the Summit was designed as the “place to meet” and introduce Native American businesses and its leaders in order to synergize and strategize with peers and new contacts.
Created on June 17, 2014
The country's shifting demographics have huge implications for U.S. industry and the economy. By 2030 minorities are projected to provide all of the net growth of workers in the labor force. Experts say that increased public investment, skills training, and workforce development are crucial to improving the economy, expanding the middle class, and empowering the country's minority populations.
In an era of slow financial growth and tight public budgets, American minorities have taken to entrepreneurship, innovation and service to create new jobs, build wealth, and provide critical social value for their communities. Minority businesses make up 15 percent of the country's small businesses today and employ 5.9 million workers.
Join National Journal for the fourth Next America summit as they convene the nation's key opinion leaders for a robust discussion about minority financial empowerment, workforce development and entrepreneurship. They will explore questions such as: How can government grow the economy and improve the job market for all of its citizens? How can the public and private sectors best equip U.S. minorities with the skills they need for work? How do small businesses impact community growth? And what is the future of minority entrepreneurship?
Tuesday, June 24, 2014 8:00 AM - 11:00 AM
The Grand Hyatt Washington | 1000 H Street NW | Washington, DC
Created on June 12, 2014
Disaster can strike at any time, and even the most prepared businesses and business owners can be adversely impacted. Scenes of disaster replay on televisions across the country with numbing regularity: A hurricane blasts through Florida... fire sweeps through a small-town manufacturing plant...floods destroy a local business district... a winter storm causes widespread power failure in the Northeast.
Every year emergencies take their toll on business and industry in terms of lives and dollars. But something can be done. Businesses of all sizes can limit injury and damage and return more quickly to normal operations if they plan ahead. Preparedness works.
Why Develop an Emergency Plan?
Business owners invest a tremendous amount of time, money and resources to make their ventures successful, so it would seem natural for owners to take steps to protect those investments. While the importance of emergency planning may seem self-evident, the urgency of the task is often blunted by the immediate demands of the workplace. Also, owners and managers may have only a nominal idea of the risks their business faces, or possess only a limited understanding of steps they can take to reduce the potential impacts of disasters.
Last but not least, the business person is prone to the all-too-human tendency to believe that “it won’t happen to me.” In the meantime, businesses will continue to suffer setbacks that often could have been reduced or prevented altogether had someone taken the time to plan.
Created on June 11, 2014
Early this month MBDA hosted a public meeting on the 2014 National Minority Enterprise Development Week Conference.
Created on June 6, 2014
This post originally appeared on the White House AAPI Blog.
Bill Imada is a member of the President’s Advisory Commission on Asian Americans and Pacific Islanders.
More than 1.5 million businesses in the United States are owned by Asian Americans, Native Hawaiians and Pacific Islanders. These firms account for $508.6 billion in spending power nationwide and have resulted in the creation of more than 2.8 million jobs. A vast majority of these companies are small and are fueled almost exclusively on creatively, ingenuity, business innovation and an unparalleled level of entrepreneurial spirit that cannot be found anywhere else in the world.
They include a robotics company designed to entice young people to consider careers in science, technology and engineering; a brick and mortar Boba tea shop that will introduce new flavors and customer enhancements to widen its appeal; a fashion design company that draws inspiration from the cultural diversity of America; and, a shoe designer who incorporates recycled and repurposed paper to create an environmentally friendly consumer product.
On May 5, the White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI) teamed up with the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) and the U.S. Small Business Administration (SBA) by holding a roundtable discussion to address some of the key issues facing business owners, entrepreneurs and corporate leaders in the greater Asian American and Pacific Islander (AAPI) community.