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Press Room January 2014
Ghana and Nigeria | May 18-24, 2014
U.S. Secretary of Commerce Penny Pritzker will lead an Energy Business Development Mission to West Africa with stops in Ghana and Nigeria from May 18-23, 2014. This mission will promote U.S. exports to Africa by helping U.S. companies launch or increase their business in the energy sector in West Africa. It will also help the African region develop and manage energy resources and systems, build out power generation and transmission, and distribution.
MBDA Achieves Record-Breaking Performance for Clients in Job Creation, Access to Capital, Contract Support
January 14, 2014
WASHINGTON (January 14, 2014) —The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) announced today record-breaking performance in helping its clients create jobs, gain access to capital, and receive contract support in fiscal year (FY) 2013.
During FY13, MBDA assisted minority-owned businesses in obtaining more than $4.8 billion in capital and contract awards, which led to the creation and/or retention of 25,704 jobs, the highest performance level in the Agency’s 45-year history.
“These FY13 figures illustrate the crucial role MBDA continues to play in helping minority-owned businesses create jobs and strengthen local communities nationwide. This outstanding performance is a hallmark of the Obama administration’s efforts to help strengthen small and medium-sized businesses, which are fueling our economic recovery,” said David A. Hinson, MBDA’s National Director.