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Strategic Partnerships and New Markets


  • Submitted on 30 June 2014

    Created on June 30, 2014
     

    Candace Shiver, Special Advisor to the National Director of the Minority Business Development Agency

    Shiver and Corporate Council on Africa President Stephen HayesI recently participated in the 2014 Agribusiness and Food World Forum in Cape Town, South Africa from June 17-19. The forum, hosted by the International Food and Agribusiness Management Association and the Corporate Council on Africa, brought together more than 500 business leaders, government officials, industry experts, students, and academia from more than 30 countries.

    The forum’s presentations and discussions emphasized the importance of U.S. private sector involvement and investment in the critical agriculture and agribusiness sectors of the region. In sub-Saharan Africa, the industries are projected to collectively grow from $313 billion today to $1 trillion by the year 2030.1 Contributing to Africa’s food systems will help to build capacity in emerging markets, enhance food security, and promote U.S.–Africa relations through the imparting of best practices and technical and business knowledge between farmers and entrepreneurs of all sizes.

  • Submitted on 29 August 2012

    Created on August 29, 2012

    High Speed Rail Path from Los Angeles to Sacramento

    Representing minority-owned businesses nationwide, Alejandra Castillo, is blazing a path through California’s bay area to ensure that MBDA clients will have a fair shot at the many contracting opportunities surrounding the construction of the California high-speed rail system. Ms. Castillo arrived in San Francisco yesterday to begin a series of meetings with the California High Speed Rail Authority (CHSRA). The high speed rail will link Los Angeles and San Francisco in less than 2 hours and 40 minutes, traveling at speeds approaching 220 miles per hour.

    The $68 billion project has the potential to create 100,000 jobs for each year that construction is underway and another 450,000 permanent new jobs statewide over the next 25 years. High-speed rail means tens of thousands of good, family-supporting jobs for California — jobs not just to build the trains and the train line, but also jobs to operate and maintain it. And there’s more — hundreds more jobs will be created for suppliers, restaurants and other businesses along the route.

    Just last week, California High Speed Rail Authority CEO, Jeff Morales, signed a Small and Disadvantaged Business Enterprise Policy, formalizing a 30 percent small business participation goal. “MBDA is very excited about this project and its prospects of putting Americans back to work. We are collaborating with our partners to ensure that 30% of the project will be completed by minority-owned firms,” said Alejandra Castillo, National Deputy Director of the Minority Business Development Agency.

  • Submitted on 22 August 2012

    The flags of the United States and Brazil. MBDA National Director Hinson and Shawn Ricks, Senior Advisor to the National Director on Global Affairs began a five-day trip to Brasilia and Sao Paulo, Brazil. This trip will provide an opportunity for MBDA to build relationships with key stakeholder groups essential to reaching its export targets under the National Export Initiative, create greater access to emerging markets for minority business enterprises, and support job creation in the United States.

    On Monday, Director Hinson and Senior Advisor Ricks met with International Trade Administration Senior Commercial Officer Brian Brisson and his team to discuss business opportunities for minority-owned businesses in Brazil. As Latin America’s biggest economy, Brazil has strong domestic demands and a growing middle class. Its diversified economy offers U.S. companies, especially minority-owned – who are nearly twice as likely to export as non-minority owned business, many opportunities to export their goods and services.

  • Submitted on 18 April 2012

    Strategic Business PartnershipForming strategic business relationships is a way to enhance the competitive advantage of a minority-owned firms and increase success in securing business that might otherwise go to another supplier.  Business relationships take on many forms, from simple contractual relationships to acquisitions. But overall, these relationships are enduring business arrangements falling somewhere on the spectrum between these two extremes.

    MBDA Minority Business Development Centers can guide your business into the right arrangement based on your company’s direction, core competencies, and opportunities based on industry. 

    The types of strategic alliances include:

    • Simple Contract – This is a basic transaction occurring when a business offer is accepted, and something of value is exchanged.  The contract is specific about what is expected by each party and does not obligate the businesses to any future deals.

    • Open-ended Contract – This arrangement is specific about the terms on which the companies will do business, but perhaps not specific about how much business will be done or when.   

    • Joint Contract – A company can contract with two or more entities to supply goods or services. Typically, two suppliers work very closely together and the contract's primary purpose is to communicate what the client expects of them.   

  • Submitted on 10 April 2012

    Export.gov ScreenshotExport.gov is a tool created to assist U.S. business in accessing international markets by providing the resources necessary for export

    Purpose: Client Resource, Business Assistance

    What you should know?

    • Offers a wide range of current industry and trade information to help exporters of U.S goods and services find the information they need to compete successfully in overseas markets

  • Submitted on 05 April 2012

    Trade.gov Screen ShotThe International Trade Administration (ITA) strengthens the competitiveness of U.S. industry, promotes trade and investment, and ensures fair trade through the rigorous enforcement of our trade laws and agreements.  ITA works to improve the global business environment and helps U.S. organizations compete at home and abroad.  ITA supports President Obama’s recovery agenda and the National Export Initiative to sustain economic growth and support American jobs.

    ITA is organized into four distinct but complementary business units:

    U.S. and Foreign Commercial Service — Promotes U.S. exports, particularly by small and medium-sized enterprises, and provides commercial diplomacy support for U.S. business interests around the world.

    Manufacturing and Services — Strengthens U.S. competitiveness abroad by helping shape industry-specific trade policy.

  • Submitted on 04 April 2012

    Vietnam FlagVietnam is a true emerging market, offering ground floor and growing opportunities for U.S. exporters and investors. Vietnam’s economic growth rate has been among the highest in the world in recent years, expanding at an average about 7.2 percent per year during the period 2001-2010, while industrial production grew at an average of about 12 percent per year during the same period.

    Vietnam registered GDP growth rate of 6.7 percent in 2010 and was one of only a handful of countries around the world to experience such levels of economic growth.

    Moving forward, inflation remains a main risk to Vietnam’s economy, which the Government of Vietnam (GVN) is addressing by balancing growth targets with price stability measures. This challenge will not be easy to meet. Nevertheless, the GVN has confirmed its commitment to economic growth and is targeting 2011 GDP growth at 6.5 percent.

    The momentum and direction generated by the entry into force of the U.S.–Vietnam Bilateral Trade Agreement (BTA) in 2001 transformed the bilateral commercial relationship between the United States and Vietnam and accelerated Vietnam’s entry into the global economy with Vietnam joining the WTO in January of 2007. Since the BTA, bilateral trade has increased over six-fold from $2.9 billion in 2002 to $18.6 billion in 2010.

  • Submitted on 20 March 2012

    The U.S. Small Business Administration will host the fourth of its free Mentor-Protégé Matchmaking Conference series in Los Angeles, Calif., on March 21.  The program gives small disadvantaged businesses access to guidance on federal contracting, face-to-face meetings and opportunities to team with larger businesses and graduates of the SBA’s 8(a) Business Development program.

  • Submitted on 16 March 2012

    South KoreaThe long anticipated Korea-U.S. Free Trade Agreement (KORUS-FTA) was implemented on March 15, 2012 becoming our nation’s largest FTA since NAFTA. The agreement has the potential to increase U.S. exports to Korea by approximately USD 10-12 billion, and it will be especially beneficial for U.S. SMEs. In 2009, nearly 18,000 SMEs exported some USD 8.4 billion worth of merchandise to Korea.

    Total 2011 U.S.-Korea trade exceeded USD 100 billion for the first time ever. U.S. exports reached an all time high of USD 43.505 billion. U.S. exports increased 12% over 2010 levels.

    Korea is the United States’ seventh largest trading partner. The U.S. is the third largest exporter to Korea with a 9 percent market share. Key competitors include China with 16.8 percent, Japan with 15.3 percent, and the EU’s 27 nations with 10%. With the EU having already implemented its FTA with Korea, U.S. firms will now again be in a stronger competitive situation following KORUS implementation. (China’s trade reflects significant re-export activity.)

  • Submitted on 16 March 2012

    US Korea Trade AgreementThe United States-Korea Trade Agreement (KORUS Agreement) enters into effect today, reducing tariffs on almost all U.S. industrial exports to South Korea and making it easier for U.S. exporters to successfully compete in the Korean market.

    With the implementation of the KORUS Agreement, tariffs will immediately be eliminated on almost 80 percent of U.S. exports to Korea.

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MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
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