|Created on January 29, 2013|
Thinking bigger, thinking broader, and working smarter is commonplace for business owners. The same holds true for MBDA in promoting the growth and global competitiveness of America’s fastest growing companies, the minority business community. As we look ahead, we are encouraged that the Build it Here, Sell it Everywhere vision of the U.S. Department of Commerce continues to resonate and gain momentum throughout the business community.
The value of tapping into international markets cannot be overstated. Boosting exports is critical to stimulating our country’s economic growth and job creation. This is an area in which minority-owned businesses play a leadership role. Shared languages, cultural affinities, and a global reach that spans 41 countries on six continents make minority-owned firms natural exporters. MBDA is uniquely positioned to engage the Diaspora communities across the country and help leverage their cultural and ancestral ties to key foreign markets and create greater access for U.S. products and services.
The significant export growth we’ve seen since 2009 has contributed to America creating 5.8 million private-sector jobs over the past 34 consecutive months. With 95 percent of the world’s consumers living outside the United States – and according to the International Monetary Fund, over 80 percent of the world’s economic growth coming from outside of the United States – I challenge you to think bigger, broader about your company’s export potential. Have you looked at your firm’s export attributes? What about the connections of not only your strategic partners but also your employees and customers as potential global resources? It’s not too late to start today.
Over the past three years, we have realigned MBDA’s organizational structure so that our global efforts are more strategically integrated into the Agency’s core mission. Make the Minority Business Development Agency your strategic business partner. Let us leverage our network of resources to support the continued success of your business