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Recent Minority Business News
- Wed, 18 Jan 2017 16:17:19 +0000: Minority Business Development Agency Releases Report on Contracting Barriers Impacting Minority Firms - MBDA Syndicated News FeedFOR IMMEDIATE RELEASE
January 18, 2017Contact: Dijon Rolle
WASHINGTON (January 18, 2017) — The U.S. Department of Commerce, Minority Business Development Agency today released a new report, Contracting Barriers and Factors Affecting Minority Business Enterprises: A Review of Existing Disparity Studies.The report, which spotlights disparities in state and local government contracting between minority-owned and nonminority-owned business enterprises, provides an in-depth review and analysis of disparity studies, summaries, and reports.
“Our goal in releasing this report is to advance the dialogue surrounding contracting disparities and use the findings as a catalyst for creating policy and innovative solutions. It’s critically important that MBEs, advocacy groups and policy makers have access to this information,” said MBDA National Deputy Director Albert K. Shen. “This report also underscores the power of data and the fact that we still have a lot of work to do to ensure MBEs have fair and equal access to contracting opportunities.”
- Wed, 18 Jan 2017 13:59:28 +0000: Executive Summary - Contracting Barriers and Factors Affecting Minority Business Enterprises A Review of Existing Disparity Studies - MBDA Syndicated News Feed
Analysis of public contracting data indicates that substantial disparities exist between minority and non-minority business enterprises. Specifically, the data show that minority business enterprises (MBEs) typically secure a lower number and dollar amount of contracts in proportion to the number of available MBEs in a relevant market. As a result, MBEs, agency officials, policy makers, and advocates have a strong incentive to understand the factors that give rise to observed contracting disparities.
- Wed, 18 Jan 2017 11:55:22 +0000: Contracting Barriers and Factors Affecting Minority Business Enterprises A Review of Existing Disparity Studies - MBDA Syndicated News Feed
- Tue, 17 Jan 2017 19:48:16 +0000: Atlanta Leads the Way with Regional Innovation Ecosystems - MBDA Syndicated News Feed
Among our Nation’s fastest growing cities, Atlanta has features that position it as a hub of the burgeoning inclusive innovation ecosystem in the United States. Chief among these features are several renowned institutions of higher learning, including Historically Black Colleges and Universities such as Clark-Atlanta University, Spelman College, and Morehouse College.
A long-time center of Federal research in medical and science via the Centers for Disease Controls and Prevention, Atlanta is also is home to headquarters of top multi-national corporations including Coca-Cola, and Delta among others.
Now, thanks to a new public-private collaboration, these institutions will be joined by the Russell Center for Innovation and Entrepreneurship (RCIE).