Minority Business Development Agency (MBDA) Business Centers across
America celebrated Minority Enterprise Development (MED) Week, a venue for
minority-owned businesses to access information, tools, and resources to grow
their businesses both domestically and abroad.
Each year, thousands of minority-owned firms across a variety of
industries converge upon various cities to connect with public and private
sector buyers, explore avenues for business expansion, and develop thriving
partnerships with firms across multiple industry sectors. These goals are
accomplished through networking events, workshops, and issue forums including,
business-to-business matchmaking, and networking opportunities with
multinational corporations, government representatives and leading
entrepreneurs. The MBDA Business Centers culminate the week with an awards presentation
where they honor minority-owned firms, entrepreneurs and advocates who are
contributing to the minority-business community.
“The MED Week legacy was started 32 years ago under the Ronald Reagan
Administration,” said Joann Hill, Chief of MBDA’s Office of Business
Development, at the Baltimore MBDA Business Center’s MED Week on Oct. 20.
“Honored by Presidential Proclamation, MED Week epitomizes the legacy of
champions in the minority business community who have and continue to advocate
for equity, parity, and the opportunity to compete on a level playing field for
women and minority-owned businesses.”
The Phoenix MBDA Business Center used the MED Week opportunity to
partner with the Thunderbird School of Global Management for the second annual
Global Business Conference. During the two-day conference, topics included
international business opportunities with Mexico, Canada, India, China, Africa
and South America and the nuts and bolts needed to succeed in international
business: financing, risk mitigation and logistics. Overall, the event provided
a platform to talk about the National Export Initiative (NEI) and how it can
benefit minority business enterprises.
In Chicago, the focus was on merger and acquisition opportunities, as
the MBDA Business Center there partnered with the Association for Corporate
Growth (ACG) to co-host the 2014 Minority Finance Forum and 15th
Annual Midwest ACG Capital Connection.
MBDA celebrated the National MED Week event in August and is already
planning for next year’s celebration. For more information on MED Week or on
our MBDA Business Centers, please visit: www.mbda.gov.