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Speeches/Remarks


  • Submitted on 19 July 2010

    Director Hinson Video Testimony
    View Director's Hinson Video Testimony before the
    Senate Committee on Small Business and Entrepreneurship

    Hinson Testimony - Hinson Testimony.pdf (57.7 KBs)
     

  • Submitted on 19 July 2010

    AS PREPARED FOR DELIVERY, FEBRUARY 24, 2010
    Thank you for inviting me to this, the 24th Annual Reservation Economic Summit.

    I also bring you greetings from President Barack Obama, who has and will continue to be a voice of wisdom and a force of action in helping to expand the partnership between the sovereign nations of this great land and the United States Government.

    Yesterday, you heard from Secretary of Commerce Gary Locke who knows first hand the struggles that many Native Americans face, and who is fully committed to bringing the full force of the Department of Commerce to expand economic opportunity in Indian Country.

    As Secretary Locke stated, the Department of Commerce can maximize economic opportunity in Indian Country if every Native American is counted.
    Being counted in the U.S. Census will cost you nothing and ensures that your communities gain their fair share of resources.

  • Submitted on 21 November 2009

    AS PREPARED FOR DELIVERY - November 21, 2009
    Good Evening! It is an honor to be here with you as we come together to celebrate Asian-American Entrepreneurship.

    I must say, it feels good to be back in Chicago. My mother grew up in Chicago and I lived here for nearly ten years, so in a real sense Chicago is my second home. I may be a bit biased, but I think Chicago is the greatest city in the world….In the worst possible location-particularly in the winter!

    I bring you greetings from President Barack Obama and Secretary of Commerce Gary Locke. Secretary Locke was hoping to be here with you this evening, but he was traveling with the President on his first trip to Asia and is now preparing to lead our delegation to Copenhagen to negotiate global climate change.

  • Submitted on 21 November 2009

    AS PREPARED FOR DELIVERY - November 21, 2009
    Good Afternoon! On behalf of President Barack Obama and Secretary of Commerce Gary Locke, it is my honor to be here today.

    I’d like to take a moment to thank the Board of Directors for the People Fund for extending this wonderful invitation, specifically Mr. Hopeton Hay who has had a long career as a staunch advocate for minority business development.

    I had the pleasure of being a guest on Mr. Hay’s radio show, “Economic Perspectives,” when I was first appointed to be the National Director of the Minority Business Development Agency only a few, short months ago.

  • Submitted on 20 November 2009

    AS PREPARED FOR DELIVERY - November 20, 2009
    Good evening! On behalf of President Barack Obama and Secretary of Commerce Gary Locke, I want to thank you for inviting me here today to participate in tonight’s open house for the GADGET Center during Global Entrepreneurship Week.

    I will briefly discuss the importance of entrepreneurship to the US economy and the minority business community. But first, I would like to acknowledge and thank several people who made GADGET possible: Dean Barron Harvey, Dean of the Howard University Business School; Ms. Johnetta Hardy, the Executive Director for the Institute for Entrepreneurship, Leadership and Innovation at Howard; and Mr. A.K. Adams, Program Director of the GADGET Center. I commend them for their vision in developing this center to promote entrepreneurialism.

  • Submitted on 27 October 2009

    AS PREPARED FOR DELIVERY - October 27, 2009

    Good Morning! On behalf of President Barack Obama and Secretary of Commerce Gary Locke, I want to thank you for having me here today.

    I’d like to take a moment to thank NMSDC for extending this wonderful invitation, specifically Ms. Harriet Michel, President and CEO and Mr. Steve Sims, Vice President for Programs and Field Operations. Their compassion and commitment to the growth of the minority business community is unparalleled.

    Let me also take this opportunity to thank the entire staff at NMSDC and the numerous corporate sponsors who helped to make this event a success. But most of all, I want to thank the entrepreneurs and business owners here today, who are indeed the backbone of our nation and who continue to hang in during these very difficult times.

  • Submitted on 15 October 2009

    The Minority Business Development Agency: Enhancing the Prospects for Success

    Chairman Rush, Ranking Member Radanovich, and Members of the Subcommittee:

    Thank you for inviting the Minority Business Development Agency (MBDA) here today to discuss how MBDA and the Department of Commerce is helping create wealth and jobs in the minority business community and the global economy.

    My name is David A. Hinson and I am the National Director of the Minority Business Development Agency, which is an operating bureau of the U.S. Department of Commerce.  I was appointed as the MBDA National Director by Commerce Secretary Gary Locke on July, 15, 2009 and, prior to joining MBDA, I was President and CEO of a multi-million dollar independent, financial advisory boutique.

    Joining me today are Edith McCloud, Associate Director for Management, and Efrain Gonzalez, Chief of the Office of Business Development.  They play integral roles in implementing our programs and are both experts in the field of minority business development.

    My testimony is organized around three major discussion points.  First, I will provide an overview of MBDA and its accomplishments in assisting the minority business community.  Second, I will briefly address the barriers faced by minority-owned businesses.  Third, I will discuss why MBDA is an important catalyst in building a stronger minority business community. 

  • Submitted on 17 September 2009

    AS PREPARED FOR DELIVERY September 17, 2009

    Good morning! On behalf of President Barack Obama and Secretary of Commerce Gary Locke, I want to thank you for allowing me to join you at the first Annual Latina Leadership Summit.

    Secretary Locke will join you tomorrow, but today I have the honor of being with you and expressing my deep, deep pride in being a part of the Administration that nominated and confirmed the first Latina Supreme Court Justice of the United States, Judge Sonia Sotomeyor.

    I don’t know about you, but I felt a tremendous sense of joy seeing Judge Sotomeyor take the oath of office. Learning about her personal story reminded me of the many Latinas that I have had the pleasure to meet in my travels: talented, capable and motivated women who came from humble beginnings but by force of will and vision of greatness pushed themselves to the highest levels of politics and business.

    Many of these amazing Latinas work in the Obama administration and several are on my staff.

    Judge Sotomeyor’s achievements also reminded me of the rich history of Latinas in America.

  • Submitted on 27 August 2009

    AS PREPARED FOR DELIVERY Thursday, August 27, 2009

    Good morning and welcome to the 2009 MED Week Conference.

    Over the next few days, you will have the opportunity to learn, to network and hopefully create new relationships that will ultimately help your businesses grow.

    I am proud to represent the President of the United States, Barack Obama and Secretary of Commerce, Gary Locke, as National Director of the Minority Business Development Agency.

    While President Obama and the First Lady will not be able to attend this event, they send their greetings.

    I am pleased to confirm that Secretary Gary Locke will address this conference later today, and Ed DeSeve and Van Jones from the White House will be here on Friday.
     

  • Submitted on 27 August 2009

    Global Work

    Aligning the Vision and Mission

    Strategic Vision

    MBDA’s Vision is economic prosperity for all American business enterprises

    Mission Statement

    MBDA’s Mission is to foster the growth and global competitiveness of U.S. businesses that are minority- owned
     

    Strategic Goal 1 - Increase the number of businesses that are minority-owned at the $1B Level

    Action Items for 2010:

    • Achieve $1B in contracts and financings in each region
    • Encourage and finalize merger and acquisition deals exceeding $50M
    • Secure five contracts or financings exceeding $100M for businesses that are minority-owned
    • Globalize businesses that are minority-owned through international deal making

Did you know...

MBDA Minority Business Centers helped clients secure contracts totaling $6.9 billion during the last 5 fiscal years.
Graph for Dollar Value of Contracts

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