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Press Room August 2014
In this week’s address, Alejandra Castillo, Director of the Minority Business Development Association highlighted the progress made towards rebuilding our economy, including the creation of nearly 10 million new private sector jobs in the past 53 months and the rise in the number of American exports to an all-time high. That growth is in part thanks to the actions of the U.S. Export-Import Bank, an organization that creates American jobs by helping to take American businesses global.
U.S. Secretary of Commerce Penny Pritzker delivered opening remarks today at the U.S.-Africa Business Forum, a day focused on trade and investment opportunities on the continent. In her remarks, Secretary Pritzker stated that the U.S.-Africa economic relationship is fundamental to our mutual peace and prosperity. She discussed the work that the Commerce Department is doing to advance President Obama’s vision for the future of U.S.-Africa relations, including expanding the Foreign Commercial Service presence across the continent.
MBDA National Director Alejandra Castillo Announces Appointment of Agency’s National Deputy Director
August 1, 2014
Seattle Small Business Owner Albert Shen to Serve in Agency’s Second-Highest Position
WASHINGTON (August 1, 2014) — Alejandra Y. Castillo, National Director of the Minority Business Development Agency (MBDA), today announced the appointment of Albert Shen to serve as MBDA’s National Deputy Director. Shen is a Washington state native whose leadership and community advocacy has had a tremendous impact on many economic projects in the Northwest.
“The success of minority-owned businesses is fundamentally essential to our nation’s economic vitality,” said Castillo. “MBDA works diligently in laying the foundation that is giving rise to the fastest growing segment of the business community. I am very confident that Albert will continue to maximize these opportunities and be a great asset to our MBDA team.”
Shen, a second generation Chinese-American, grew up in Pullman, Wash., where his family owned several minority businesses. In 2000, he founded Shen Consulting, where he played an instrumental role in projects such as the Port of Seattle’s Seattle Tacoma International Airport Capital Improvement Program and numerous other capital programs in the greater Seattle area.