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  • Submitted on 20 October 2011

    David HinsonGreetings!

    As we embark on a new fiscal year, I’d like to begin by thanking all of you who helped make our Minority Enterprise Development (MED) Week Conference such a huge success. We had over 800 people in attendance learning about the best strategies to pursue government contracting opportunities, take advantage of new industries, and cultivate strategic partnerships to grow.  Please visit the MED Week website to view the photos and remarks from some of our most notable speakers like HHS Secretary Kathleen Sebilius, Acting Secretary of Commerce Rebecca Blank, Treasury Assistant Secretary for Management Dan Tangherlini and others.

    MBDA was busy building relationships as well. We signed three distinct Memorandums of Understanding (MOU) designed to foster minority business growth and development with Tremco, Inc., IBM, and the Republic of Turkey’s Small and Medium Enterprises Development Organization.

  • Submitted on 27 September 2011

    Alejandra CastilloSince joining the Minority Business Development Agency in April 2010, I serve as the principal advisor to the MBDA National Director and manage the day-to-day activities of the Agency’s 5 Regional Offices and 48 Minority Business Centers. These Offices and Business Centers are vital centers of economic growth and job creation. Under the Obama Administration, MBDA has assisted minority-owned firms in obtaining nearly $7 billion in contracts and capital, creating nearly 11,000 during the last two years.  As the National Deputy Director, I am also responsible for executing the Agency’s mission to help Minority Business Enterprises (MBEs) grow and succeed through access to capital, access to contract and access to business opportunities both domestically and abroad.

    Prior to MBDA, I served as Special Advisor to the Under Secretary for the U.S. Department of Commerce’s International Trade Administration (ITA) where I was responsible for business outreach and development of policy initiatives geared at trade promotion and enforcement of U.S. trade laws. Before coming to the Department of Commerce, I was a practicing attorney for several years, working in the private, government and non-profit sector.  I also served as the Interim Executive Director of the Hispanic National Bar Association working with the White House and non-profit organization, such as the Latinos for a Fair Judiciary, in support of the nomination and confirmation of Sonia Sotomayor to the United States Supreme Court.

  • Submitted on 29 August 2011

    Greetings!

    MBDA is gearing up for a busy month, and I’d like to share some of the exciting things we’re working on.

    On September 1, I’ll be traveling to Cleveland, Ohio to welcome our newest MBDA Business Center to the nationwide network.    Joining us at the open house will be U.S. Senator Sherrod Brown, Congresswoman Marcia Fudge (OH-11), and a wide range of local business leaders, trade groups and minority chambers of commerce.  I will then participate in an inaugural reception for the new MBDA Business in Manhattan, New York on September 15.  

  • Submitted on 24 August 2011

    Congratulations to MBDA’s National Conference award recipients! This year’s conference was held in Houston, Texas during June 20-24; celebrating the accomplishment of MBDA’s business centers. Representatives from the centers were acknowledged for their outstanding performance and contributions to minority business development.

    National Outstanding Performance Award

    The San Antonio Business Center was awarded the 2010 National Outstanding Performance Award, which recognizesthe top center achieving the highest scores in multiple categories.

    National Enterprise Center Performance Award
    Given to the highest performing center in each of the regional offices.

  • Submitted on 03 August 2011

    National Advisory Council for Minority Business EnterpriseIn 2010, MBDA achieved substantial agency wide level results including several that were of historic nature. Establishment of the first MBDA-led National Advisory Council in nearly 40 years In early 2010, MBDA petitioned U.S. Department of Commerce Secretary Gary Locke to establish a secretarial-level advisory council on minority business enterprises. On November 3, 2010, the Secretary approved the creation of the National Advisory Council for Minority Business Enterprise (NACMBE).

  • Submitted on 03 August 2011

    MBDA Achieved Record Performance in 2010

    In FY 2010, MBDA experienced the most productive year in the history of the Agency. MBDA created 6,397 new jobs across the nation and saved tens of thousands of existing jobs by helping minority-owned and operated businesses obtain 964 contracts, totaling $1.688 billion, and 522 financial awards, totaling $2.264 billion.

    Jobs Created   Contracts and Financings Obtained

  • Submitted on 01 June 2011

    Business HandshakeFord Motor Company announced recently that it had exceeded its supplier diversity sourcing goal, purchasing $4.1 billion in goods and services from minority-and women-owned companies.

    The success of Ford’s supplier diversity efforts illustrates how valuable minority-owned business enterprises are to our country’s top companies and our economy overall. From heavy equipment to financial services, no matter what the demands of your supply chain are, there’s a minority-owned firm that can fulfill them.   In fact, the number of high-quality minority-owned businesses spread across every sector of the economy totals 5.8 million.

    To better assist corporate America in locating minority business enterprises with scale and capacity, supplier diversity executives should put the Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce, on speed dial.  MBDA can help you find these firms and put you in contact with them so you can establish the kinds of profitable partnerships that more and more Fortune 500 companies are seeking out. In 2010, with the help of the MBDA network of business centers, MBDA helped the private sector secure more than $850 million in products and services from minority firms. 

  • Submitted on 12 April 2011

    Play VideosAs part of MBDA’s ongoing mission to promote the tremendous capabilities of minority-owned firms and the promise of phenomenal growth through exporting and strategic alliances internationally, Director Hinson was the featured speaker at the U.S. Global Business & Markets pavilion on Monday, April 4. View additonal videos at sell-american.com.

    National Director Hinson joined Ambassador Philip Murphy, U.S. Assistant Secretary Michael Camunez and Deputy Assistant Secretary Brian McGowan of Economic Development Administration to promote the Obama administration's National Export Initiative (NEI) as well as to attract Foreign Direct Investment (FDI) in the U.S.

     

  • Submitted on 23 February 2011

    David HinsonAs I travel around the country, I am in awe of the tenacity and the indomitable spirit of minority business owners and their unwillingness to quit in the face of overwhelming odds. That’s the spirit that makes America great.

    As the National Director of the Minority Business Development Agency (MBDA), I am proud to be a part of this Administration and a part of an Agency where our work helps to expand the U.S. economy and create new jobs through the historically underutilized minority business community.

    I have the privilege of serving on the senior staff of the Secretary of Commerce and serving as Bureau Chief of MBDA, as well as engaging with various stakeholders, members of Congress, minority-owned and operated businesses, and nonprofit organizations that support minority business development across the nation.

    MBDA is a national organization with more than 46 business centers in five regions, which generates nearly $4 billion in contracts and capital for minority-owned businesses. We also create thousands of jobs for all Americans and help save thousands of existing jobs.

  • Submitted on 02 February 2011

    Hill Briefing with Hinson, Hoffnagle and CastilloOn Wednesday, January 26, 2011, the Minority Business Development Agency (MBDA) conducted a briefing for House and Senate staff designed to provide attendees with an overview of the Agency and the critical role the minority business community plays in the overall national economy.

    This event, co-hosted by U.S. Senator Robert P. Casey (PA) and U.S. Rep. Bobby L. Rush (IL-01), included remarks from both hosts as well as U.S. Rep. Frederica S. Wilson (FL-17).
     

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