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  • Submitted on 14 June 2013

    Created on June 14, 2013
     

    Nestled on the banks of the Motor City’s Detroit River where approximately one mile of water separates America with Canada, the Detroit MBDA Center uses the city’s international urban flair to expand its clients’ business reach across the globe, including to South Korea and Myanmar (formerly Burma).

    To facilitate exporting opportunities with our free-trade partner South Korea, the Detroit MBDA Business Center is drafting a Memorandum of Understanding (MOU) with the Korea Importers Association (KOIMA). According to KOIMA, an organization comprised of 8,000 business members, Korea imported over $600 billion worth of goods and services in 2012 and expects to import close to $1 trillion dollars of goods and services in 2013. In partnership with KOIMA, the Detroit MBDA Business Center will pursue reverse trade missions with Korean companies to showcase U.S. minority-owned firms and promote business partnerships.

    Unlike the well-established market of South Korea, Myanmar is an emerging market.  A country rich in natural resources, it is geographically bordered by five countries including India and China. Acknowledging the recently signed United States and Myanmar bilateral trade and investment framework agreement, the Detroit Center secured meetings with the Ministers of Commerce, Construction, and senior officials of the Myanmar Chamber of Commerce.  These meetings led to a MOU with the Myanmar Minister of Commerce that will be used to inform the MBDA Business Center network of the numerous export opportunities.   

  • Submitted on 05 June 2013

    Created on June 5, 2013
     

    Dee AlexanderLast month, Acting Secretary of Commerce Rebecca Blank signed the “Tribal Consultation and Coordination Policy," (PDF) which establishes the manner in which the Department works with federally-recognized Indian tribes when developing Department policies that have tribal implications.

    The Consultation Policy follows from President Obama’s Presidential Memorandum on Tribal Consultation from November 2009 which strengthens former President Bill Clinton’s Executive Order on “Consultation and Coordination with Indian Tribal Governments” (PDF). Upon signing, President Obama stated the importance of the Presidential Memorandum: “History has shown that failure to include the voices of tribal officials in formulating policy affecting their communities has all too often led to undesirable and, at times, devastating and tragic results. By contrast, meaningful dialogue between Federal officials and tribal officials has greatly improved Federal policy toward Indian tribes.

  • Submitted on 15 May 2013

    Created on May 15, 2013
     

    Getting the right information at the right time is a valuable advantage in business.  Being able to accomplish both while saving time and financial resources is priceless.  MBDA is excited to announce an ongoing series of web-based seminars that allow for business owners to explore opportunities, access current information on business trends, and connect with industry experts and peers.

    To date, we’ve introduced business owners to Export-Import Bank to help finance international sales and last month participants were connected with the Office of Management and Budget at the White House to discuss federal procurement.  

    Upcoming webinars will feature the programs and initiatives of the Trade Promotion Coordinating Committee (TPCC).

    Want to learn more? Stay connected by checking our Event Calendar!

    Want to join the discussion? Suggest topics and share your feedback by contacting Venice Harris at vharris@mbda.gov.

  • Submitted on 15 May 2013

    Created on May 15, 2013
     

    The Atlanta MBDA Business Center partnered with Georgia Tech’s Jobs and Innovation Accelerator project to create the Health IT Cluster Partnering Program. Launched in August 2012, the purpose of the program is to facilitate firms’ emergence into the Health information technology (IT) space with the end goal of measurable job creation and growth. With more than 40 MBDA client firms connected through an online community, continuous educational and business event programming, and business to business networking, the program has already experienced several successes.

    In February, to build on the program’s momentum, a formal Health IT Teaming Program was launched.  The teaming program is solely focused on developing partnerships for members companies in order to pursue targeted opportunities in the public and private sector. After completing a rigorous application process, eight firms have joined the inaugural Health IT Teaming Program, they include: AdTech Service, Avion Systems, Diligent eSecurity, Global Resource Management, Inc., (GRMI) ICATT Consulting, QualityTech, Sciberusand TecMasters.

  • Submitted on 04 April 2013

    Created on April 4, 2013
     

    The Minority Business Development Agency (MBDA) held a ribbon cutting ceremony today to announce the creation of a new business center to be housed at the State of New Mexico’s Indian Affairs Department (IAD).  The Center received $1,275,00 from the MBDA for five years to work with New Mexico tribes. The Santa Fe Center, in collaboration with the IAD, will assist the Native American Business Community in New Mexico in three basic areas: (1) client services; (2) program promotion and advocacy; and (3) operational and performance management.

    Ted Pedro, the Center’s Project Director added that, “These components are designed to identify immediate and long-term client needs and expectations, establish projected growth tracks, implement targeted plans of action for increasing size, scale and capacity, provide strategic referrals, increase exposure and visibility of the MBDA Business Center program, and to maintain the quality of center operations while promoting the achievement of our client’s outcomes.” View event photos below.

  • Submitted on 04 April 2013

    Created on April 4, 2013
     

    The following blog post was written by U.S. Commerce Deputy Secretary Rebecca Blank and Special Assistant to the President and Director of the White House Office of Social Innovation and Civic Participation Jonathan Greenblatt.

    Ron BrownToday, we honor the anniversary of the passing of former U.S. Secretary of Commerce Ron Brown. Secretary Brown was a dedicated public servant whose untimely death during a trade mission to Croatia on April 3, 1996 ended his life far too soon. His vision continues to be important and today’s work at the Department of Commerce builds on his legacy. 

    Secretary Brown served his country in Korea as a soldier in the U.S. Army and in the halls of Congress as chief counsel to the Senate Judiciary Committee. He also broke down barriers – becoming the first African American chairman of the Democratic National Committee and the first African American to serve as U.S. Secretary of Commerce. In this latter role, he made perhaps his largest impact.

  • Submitted on 28 March 2013

    Created on March 28, 2013


    On March 14, 2013, the U.S. Deputy Secretary of Commerce Rebecca Blank announced the appointment of 26 members to the 2013 Manufacturing Council (Council). The Council, established in 2004 and directed by the Department of Commerce’s International Trade Administration, helps to ensure that there is regular communication between the U.S. government and the manufacturing sector.

    The Council is comprised of up to 30 members that represent a diverse cross section of the manufacturing industry, including steel, textile, semiconductor, and medical manufacturers. Their products support a wide range of industries such as the auto, apparel, aerospace, and energy efficiency sectors.

    Among the new members of the 2013 Manufacturing Council are MBDA Business Center clients Christie Wong Barrett of Mac Arthur Corporation and Andra Rush of The Rush Group. Headquartered in Michigan, both companies are industry leaders with expertise that spans decades and operations that reach national and international markets.

    Their depth of experience will greatly contribute to the Council’s approach to addressing issues and generating solutions to strengthen U.S. manufacturing and global competitiveness. 

  • Submitted on 18 March 2013

    Created on March 18, 2013
     

    Top Photo - Alison Gatchev, OPIC Director of Corporate Development, addresses the OPIC-MBDA Expanding Horizons seminar in Cleveland as OPIC Director of Outreach and Public Affairs Dr. Lawrence Spinelli looks on. (Photos: Jay R. Fogel)<br />
Bottom Photo - Dr. Spinelli and Ms. Gatchev with Raland Hatchett, Executive Director of the MBDA Business Center-Cleveland.OPIC kicked off its 2013 Expanding Horizons series in Cleveland yesterday  by educating 100 Ohio small business owners about how OPIC products can help them take advantage of investment opportunities in emerging markets – the very markets where a majority of the world’s economic growth will take place in coming years.

    Co-hosted with the Minority Business Development Agency Business Center-Cleveland, the half-day seminar was a hands-on tutorial in the innovative financial tools – among them financing and political risk insurance – that OPIC has used for four decades to help Ohio businesses successfully invest in those markets.

    A profile of DLZ Corporation, a Columbus engineering firm that used an OPIC loan for a hydro power project in India as a springboard to subsequent growth.

    “Ohio has a long tradition of innovation, particularly as an incubator for small businesses and new technologies. We believed Cleveland was an important place to come to as its SMEs consider engaging in the global marketplace,” said OPIC Director of Outreach and Public Affairs Dr. Larry Spinelli, who led the seminar.

    “And our message is this: there are a lot of opportunities in emerging markets, but also challenges. OPIC is here to help Ohio small businesses to take advantage of those opportunities by managing those challenges in an effective way,” Dr. Spinelli said. “We couldn’t ask for a better partner in getting this message across than the MBDA.” 

    Raland Hatchett, Executive Director of MBDA Business Center-Cleveland, said, “The information provided in the seminar was impactful, insightful and well-received – a fact supported by the number of questions from the minority-owned business owners in the audience. I highly recommend that others use the seminar to disseminate information about OPIC.”

  • Submitted on 08 March 2013

    Created on March 8, 2013
     

    Abe VenableIn 1970 Abraham S. Venable was appointed by President Richard Nixon to serve as the Minority Business Development Agency’s first African American Director. Under his leadership, President Nixon signed Executive Order 11625 to develop and coordinate a national program for minority enterprise that has now been in existence for over 40 years. After leaving MBDA, Mr. Venable remained dedicated to championing minority-owned firms and spent nearly 20 years working with General Motors Co., to increase its business relationships with minority-owned dealerships, suppliers, insurers and banks. Mr. Venable’s efforts helped to spur the dramatic growth of opportunities for minority-owned businesses in both the public and private sectors in recent decades.

    In recognition of Mr. Venable’s estimable record of minority business advocacy, MBDA named a National Minority Enterprise Development (MED) Week award in his honor, the “Abe Venable Award for Lifetime Achievement,” to acknowledge individuals who have played an integral role in the creative, technical or professional progress of the minority business community. Recent honorees have included Rush Communications LLC Founder Russell Simmons and U.S. Representative Silvestre Reyes. Through this award, MBDA is ensuring that Mr. Venable’s legacy of fostering economic opportunities for minority entrepreneurs will endure.

  • Submitted on 25 February 2013

    Created on February 25, 2013
     

    The name “Tennessee” originated from an old Yuchi Indian term "Tana-see" meaning "The Meeting Place".  With the state’s long history of entrepreneurship and innovation, it’s no coincidence that an MBDA Business Center has made its home in Memphis.  

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