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Press Room June 2013

MBDA 2012 Annual Performance Report Shows Record-Breaking Year in Job Creation

June 25, 2013
Contact: Al Betancourt - MBDA Press Secretary
Email: abetancourt@mbda.gov


MBDA clients created or retained 16,700 jobs, pathways to a stronger middle class

WASHINGTON (June 25, 2013) —The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) set new records in fiscal year 2012, as detailed in its FY 2012 Annual Performance Report, released today. MBDA Business Centers helped minority-owned businesses obtain over $3.6 billion in contracts and capital and create or retain 16,730 jobs, the highest level in the agency’s 44-year history.

MBDA’s performance in FY12 builds on success achieved during the first term of the Obama administration. From FY09 to FY12, MBDA helped its clients obtain $14.6 billion in contracts and capital. These efforts also helped businesses create or save 33,048 jobs. This marks the best four-year performance in the agency’s history.

Remarks by MBDA National Director David Hinson at the 73rd Commencement Exercises of New York City College of Technology

Tuesday, June 4, 2013

Thank you, Mr. President, for your kind introduction.

I bring you greetings and heart-felt congratulations from President Obama, First Lady Michelle Obama and the entire Obama Administration for the great work that you have done here today.

I am delighted to be here with you today.

And I want to thank members of the faculty, the family members and friends of the graduates, and especially the delighted and in some instances relieved parents, for all the work that you did in helping to get these talented young men and young women to their graduation!

Please join me in giving your parents, faculty, family and friends a warm round of applause.

I also want to offer very special congratulations to your valedictorian Dany Salas, and your salutatorian Jessica Castillo.

When President Hotzler invited me as your commencement speaker, my first thought was how one should prepare to address some of the best and brightest graduates in mathematics, engineering and business, among other fields, that our nation has to offer?

I was not sure what to do. So, to prepare, I went sky diving!

Yes, I want you to know that I jumped out of a perfectly good airplane for all of you!  If that is not commitment, I am not sure what is!

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