DURING White House MINORITY Business Leaders’ Briefing….
WASHINGTON, D.C. — The U. S. Small Business Administration (SBA) and U.S. Black Chamber (USBC) Inc. signed a historic, Strategic Alliance Memorandum (SAM) during the recent White House Business Leaders Briefing: “Celebrating Our Business Leaders – A Day with the Top 100 African American Business Owners in America.”
The Briefing, which took place at the White House, featured top African American business owners from across the country and Senior White House and Obama Administration officials, who discussed how the Administration is impacting key issues of concern within the business community, and how businesses can partner with the Obama Administration in the future.
The event was the culmination of a four-day, U. S. Black Chamber School of Chamber Management Conference, at Georgetown University.
The strategic alliance was highlighted during the “Arm Chair Conversation” on “Entrepreneurship, Innovation, and African American Businesses.”
The discussion featured SBA Deputy Administrator, Marie Johns, USBC President and CEO, Ron Busby, and Senior Vice President/Editor-in-Chief, Derek Dingle, who discussed a number of issues relating to small Black business, including the FY 2011 Federal Procurement Scorecard, how to strengthen relationships with Small Business Development Centers, financial institutions, and how best to leverage SBA resources.
In addition, they discussed potential ways to enhance efforts to grow Black businesses based on USBC’s Five Pillars of Service: Advocacy, Access to Capital, Contracting, Entrepreneur Training, and Chamber Development.
According to the Memorandum, the purpose of the two-year partnership is to develop and foster mutual understanding and a working relationship between the SBA and the USBC in order to strengthen and expand small business development across the country.
“We are very pleased to partner with the SBA”, says Busby. “This strategic alliance is going to allow the USBC to increase and enhance efforts in assisting small black businesses, particularly with regard to employment and economic development.”
The Briefing also included: Ambassador Ron Kirk, United States Trade Representative; Jon Carson, Director, White House Office of Public Engagement; Brian Deese, Deputy Director of the National Economic Council; David Hinson, National Director of the Minority Business Development Agency, Department of Commerce; Tricia Kerney-Willis, Director of Community Development Financial Institutions (CDFI) Fund, External Outreach, U.S. Department of Treasury; Jeanne Hilt, Associate Administrator, Office of Capital Access, U.S. Small Business Administration; Ali “John” Shoraka, Associate Administrator for Government Contracting and Business Development, U.S. Small Business Administration; and Joseph Jordan, Administrator, Office of Federal Procurement Policy, Office of Management and Budget.
Major USBC Conference sponsors include: AT&T, Wells Fargo, United Airlines, Dell, Clarity for Consumers, IBM, PricewaterhouseCoopers, Bloomberg Government, OutreachSpeed, NACA, National 8(a) Association, National Grid, Merrill Lynch, FDIC, Caesars Entertainment, and Walmart.
About the U.S. Black Chamber, Inc. (USBC): The U. S. Black Chamber, Inc. provides committed, visionary leadership and advocacy in the realization of economic empowerment.
Through the creation of resources and initiatives, it supports African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises.
The USBC has 107 Chambers and affiliated Business Associations in 20 states, supporting 240,000 small businesses through its Five Pillars of Service: Advocacy, Access to Capital, Contracting, Entrepreneur Training, and Chamber Development.
It is an economic force, with key strategic partners, and represents a powerful constituency.
There are 1.9 million privately held Black-owned businesses across every industry sector in the United States, employing over 921,000 persons, and generating $137.5 billion in annual revenue. Of the 1.9 million Black-owned businesses, nearly 912,000 are owned by African American women.
In addition, the USBC School of Chamber Management is the only program of its kind that convenes the best of its chamber leadership, corporate partners and policy makers from across the country for an annual conference.
To learn more about the USBC, its advocacy agenda, and national network of Black chambers, visit www.usblackchamber.org.