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  • Submitted on 30 June 2015

    In the spirit of Immigrant Heritage Month, the White House Initiative on Asian Americans and Pacific Islanders (AAPIs) celebrates the diverse dimensions of our nation’s communities and the strength we draw from our varied immigrant identities.  From cultural traditions to philosophies, many of us are shaped by our own or our family’s immigrant experiences coming to this country and transitioning into the “American life.”

    In this blog series, we will explore the immigration stories of different AAPI federal leaders and how these experiences have shaped their commitment to public service.

  • Submitted on 29 June 2015

    Created on June 29, 2015
     

    DOJ Community MeetingThis year several U.S. cities have experienced civil unrest in the aftermath of high-profile incidents involving police. Many believe that the unrest stems from a larger, more systemic problem — lack of economic opportunity. When it happened in Baltimore this spring, MBDA was invited to join the Department of Justice’s Community Relations Service (CRS) in meetings between Asian business owners and members of the African American community.

    CRS is the U.S. Department of Justice's "peacemaker" for community conflicts and tensions arising from differences of race, color, national origin, gender, gender identity, sexual orientation, religion and disability. MBDA was invited to share information about the services and assistance provided by the Baltimore MBDA Business Center, which is operated under cooperative agreement between the City of Baltimore and the U.S. Department of Commerce, Minority Business Development Agency. The Center provides personalized strategic business consulting and helps local businesses gain access to the technical resources needed to grow their businesses, create jobs, and advance the city’s economy. In FY 2014, the Center helped minority business owners secure over $90 million in contracts and capital.

  • Submitted on 29 June 2015

    Created on June 29, 2015
     

    Pitch City: New OrleansOver the past two years, New Orleans has gained recognition as a great place to live and work. It was voted #1 city for young entrepreneurs in America by Under30CEO.com, #1 metro area in the U.S. in Economic Recovery by the Brookings Institution, and #2 big city for jobs by Forbes. The Minority Business Development Agency (MBDA) via our local New Orleans business center is constantly seeking innovative and effective opportunities to support the city’s minority business enterprises (MBEs).  Whether it’s through collaborations with other federal agencies, state and local government or private corporation partnerships, MBDA plays a vital role in connecting MBEs to opportunities to expand and grow their organizations.

    This week, in collaboration with Essence Festival, MBDA will host the Minority Business Executive Institute July 3-4, 2015 at the Ernest N. Morial Convention Center in New Orleans, LA.  This event will be an intensive two day training course for 25 emerging minority entrepreneurs from the Gulf Coast Region. The training will focus on key elements for business growth and success.  Several successful CEOs and business owners will offer valuable insight on topics such as company branding, the importance of social media and knowing your competition. Essence Festival is one of the biggest African American gatherings in the country and MBDA’s partnership with Essence provides the perfect platform to provide training opportunities for minority entrepreneurs.

  • Submitted on 09 June 2015

    Created on June 9, 2015
     

    Tech TalentThis post originally appeared on the White House Blog

    We are excited to be out in California today to roll up our sleeves and participate in the “Diversity in Tech” workshop, hosted by the White House and the Kapor Center for Social Impact. We are here to brainstorm and strategize with innovators from throughout the technology ecosystem to learn about what's worked for employers to recruit, retain, and advance top talent from under-represented communities, and for venture capitalists to fund and advise the full range of early start-up teams. We will hear about what’s working already that could be scaled now, as well as understand where challenges need pilot exploration work and urgent innovation.

    According to the Kapor Center, of all workers in the U.S. tech sector, only 7% are Latino, 6% are African-American, and only 15% come from the AAPI community. And women occupy only 28% of STEM jobs in the American workplace. According to surveys, 87% of U.S. venture capital-backed business founders are white, 12% are Asian, and less than 1% are African American. Less than 3% of companies that receive venture capital funding have a woman CEO. As a nation, we are leaving top talent on the sidelines, and that is a mistake for American businesses in a globally competitive economy.  

    “If you always do what you always did, you will always get what you always got.”

    — Albert Einstein

  • Submitted on 01 June 2015

    Created on June 1, 2015
     

    On May 6th, NerdWallet hosted a Google Hangout with U.S. Department of Commerce representatives from the Minority Business Development Agency (MBDA).  On behalf of the agency, Carmen West and Nick Perkins, of MBDA’s Access to Capital team, spoke with Cindy Yang, a small business expert at NerdWallet about how MBDA helps minority-owned businesses to grow in size and capacity.

    San Francisco-based NerdWallet hosted the conversation as part of a mission to provide clarity on all of life’s financial decisions. To that end, NerdWallet provides various educational materials and tools for small businesses to use when tackling financial, legal and tax challenges.

  • Submitted on 18 May 2015

    Created on May 18, 2015
     

    The MBDA National MED Week Awards Program is designed to celebrate and recognize the outstanding achievements of minority entrepreneurs, as well as individuals and organizations that have demonstrated leadership and commitment in advancing global minority business enterprise.

    » Submit a nomination today!

    » Download Award Brochure

  • Submitted on 06 May 2015

    Created on May 6, 2015
     

     

    MBDA Candace Shiver and Demetria Gallagher with Federal Labs Chair Zielinski

    Candace Shiver, MBDA; Paul Zielinski, Director of the Technology Partnerships Office at NIST and Chair of Federal Laboratory Consortium; and Demetria Gallagher, MBDA (from left to right)

    Last week, Candace Shiver and Demetria Gallagher of the Minority Business Development Agency’s (MBDA) Office of the National Director, participated in the 2015 Annual Meeting of the Federal Laboratory Consortium (FLC) in Denver, Colorado.  This meeting brought together hundreds of technology transfer professionals from both the public and private sector, providing in depth training and networking opportunities to initiate the establishment of interagency and industry partnerships
    to advance federal technologies from federal lab to the marketplace.

    MBDA recognizes that the advancement of federal technology transfer programs requires a new comprehensive approach to engage minority business enterprises (MBEs) and students of color in the commercialization of technology and innovation.  There are more than 65,000 minority employers in the technology industry with the potential to bring scientific discoveries to the marketplace by utilizing federal inventions and technologies. In order for the U.S. to remain globally competitive, it must leverage this diversity.

  • Submitted on 05 May 2015

    Created on May 5, 2015
     

    Happy World Trade Month!

    For years, May has been the time to not only recognize the benefits of international trade, but also for organizations around the country to support more American companies competing overseas. Recently, Commerce Secretary Penny Pritzker released a new report, Jobs Supported by State Exports, which reveals that in 2014, exports of goods and services directly and indirectly supported 11.7 million U.S. jobs.

    Here are some quick facts about U.S. exports of goods from the report:

  • Submitted on 20 April 2015

    Created on April 20, 2015
     

    Hive 2.0 and Cherry BlossomsDuring this past weekend Nate Yohannes, my Senior Advisor, and I did the startup pitching rounds in our nation's capital.

    On Friday night Nate was a judge at Mark Cuban's Recess, the college version of ABC's Shark Tank ("from dorm room to board room"). Recess is a music tour/music festival (like SXSW), entrepreneur speaker series and pitch competition with the winning prize of $10k towards your student loan (thanks to USA Network) and a flight to Hollywood, California to pitch to Cuban and his venture capital fund. Chip Conley, cofounder/ Head of Global Hospitality & Strategy at Airbnb was on hand too and provided advice to startup players in the room.  Cool stuff.

  • Submitted on 14 April 2015

    Created on March 15, 2015
     

    Going Global with Intellectual PropertyAre you planning to expand your business internationally to sell or buy innovative goods and technologies? Are you pondering opening a factory abroad, having your products made overseas, or starting an export or import business? Even if you are not planning on going overseas, knowledge of the international aspects of intellectual property may be critical for your business. 

    The Minority Business Development Agency (MBDA) and the United States Patent and Trademark Office (USPTO) will co-host a series of free 1-hour webinars starting on April 28 to provide business owners with useful information on the international aspects of intellectual property and conducting commerce at home. Mark your calendars and register for this 3-part series offering keen insight about complex international laws.

    Register today!

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