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Press Room March 2014
Congresswoman Sheila Jackson Lee Salutes the Minority Business Development Agency (MBDA) on its 45th Anniversary
Washington, DC – Congresswoman Sheila Jackson Lee released the following statement recognizing the 45th Anniversary of the Minority Business Development Agency (MBDA):
“For 45 years, the Minority Business Development Agency (MBDA) has led Federal Government efforts to provide focused support to a critical sector of the U.S. economy- our nation’s 5.8 million minority-owned firms. These companies contribute to local economies and provide much needed jobs for Americans of all backgrounds and cultures. They operate in urban centers and rural communities. As we commemorate the 50th Anniversary of the War on Poverty, it is minority-owned firms that are on the front lines.
“I applaud MBDA on its 45th Anniversary. Established by executive order, MBDA has worked tirelessly and diligently to promote the growth and global competitiveness of the minority business community. And the results speak for themselves. Over the last five years in particular, MBDA has assisted firms gain access to over $19 billion in contracts and capital resulting in the creation and retention of nearly 60,000 jobs. Since my election to Congress, I have worked closely with the Agency and its MBDA Business Center in Houston to bring hundreds of those jobs to Texas.
U.S. Secretary Of Commerce Penny Pritzker on the Minority Business Development Agency’s 45th Anniversary
Commerce Department Supports Efforts to Ensure American Workers Have the Necessary Skills for the In-Demand Jobs of Today and Tomorrow
As part of a government collaboration to prepare and place workers facing long-term unemployment into good jobs in high-demand industries, the Department of Labor announced yesterday the availability of approximately $150 million in grants as part of the “Ready to Work Partnership.” Three weeks ago, President Obama signed a federal employer commitment and issued a Presidential Memorandum to address the issue of long-term unemployment and ensure that those who have been out of work for long periods of time are given a fair shot. The memorandum underscored the need for American workers to have the resources and training needed to acquire in-demand job skills.
Last week the Minority Business Development Agency (MBDA) and the International Trade Administration (ITA) hosted a live stream event commemorating Black History Month.
We brought together successful African American CEOs, who shared their journey as entrepreneurs, lessons learned, and insights on international commerce. Government officials from MBDA and ITA also highlighted our strategic outreach efforts to promote the commercial benefits of trade and investment to the minority business community. We want to pass along some additional resources to help you grow your business.