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Recent Minority Business News
- Wed, 09 Jul 2014 17:57:04 +0000: MBDA Recognizes 2014 National MED Week Award Winners - MBDA Syndicated News Feed
FOR IMMEDIATE RELEASE
July 9, 2014Contact: Al Betancourt - MBDA Public Affairs
WASHINGTON (July 9, 2014) —The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) today announced the 2014 National Minority Enterprise Development (MED) Week Award winners – 13 organizations, businesses and individuals who have demonstrated leadership and commitment in advancing the minority business community. MBDA will honor the winners during a special ceremony at the annual MED Week Conference on August 1 in Washington, D.C.
“This year’s MED Week awardees exemplify growth, diversity and transformation, and are true champions for the minority business community,” said Alejandra Y. Castillo, MBDA National Director. “We’re very proud of their tremendous achievements in helping grow the national economy through innovation, job and wealth creation.”
- Wed, 02 Jul 2014 20:19:27 +0000: Two-time MED Week Award Winner Builds Successful Business - MBDA Syndicated News Feed
Created on July 2, 2014
With the 2014 National Minority Enterprise Development (MED) Week Conference fast approaching, we wanted to take the time and spotlight a past conference honoree to give an insight into the current state and outlook of a two-time MED Week award winning firm.
Metcon, Inc. is a general contracting and construction management firm headquartered in Pembroke, NC with offices in Raleigh, Charlotte, and Columbia, SC. Metcon is certified by the North Carolina Office for Historically Underutilized Businesses as an American Indian-owned general construction business. Founded in 1999, Metcon received the National Minority Construction Firm of the Year award in 2011 and 2013. Below is our interview with Aaron Thomas, the president of Metcon Inc.
Chang: Congratulations on 15 years in business! What are some of the values that have allowed Metcon to grow rapidly into the successful business it is today?
Thomas: Our core values are on-time delivery, diversity and inclusion, environmental sustainability, client satisfaction, quality, safety, and innovation. We have continued to live by these principles throughout our growth and hired individuals that also believe and operate in this fashion.
Chang: Speaking of success, Metcon has received a number of awards in the last few years including awards at MBDA’s MED Week. How has this recognition furthered Metcon’s brand image?
Thomas: Our recognition by MBDA as national minority construction firm of the year has been a huge thing for us. It has enhanced our image and created dialogue for future opportunities.
- Mon, 30 Jun 2014 19:53:44 +0000: Government Contracting and Certification – What It All Really Mean? - MBDA Syndicated News Feed
Created on June 30, 2014
Originally posted at SBA.gov Community
“Government contracting.” “Small business certification.” You’ve heard the phrases before, but what do they really mean? And does it really matter for your small business? Maybe – and maybe not. Let’s cut through all the noise and define these phrases in a meaningful way for your entrepreneurial endeavors.
What is government contracting?
Government contracting is the process that lets you sell your goods or services to the government and its various agencies. The government has a contract, or agreement, with you whereby it purchases what you do or make. And U.S. government agencies buy a lot from small businesses – nearly $100 billion worth of goods and services each year! From market research to janitorial services, if you want to make the government your customer, there’s a good chance there’s a need for what you offer.
- Mon, 30 Jun 2014 19:13:18 +0000: MBDA Explores Export Markets for Minority-Owned Firms in Agribusiness - MBDA Syndicated News Feed
Created on June 30, 2014
Candace Shiver, Special Advisor to the National Director of the Minority Business Development Agency
I 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.
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