a catalyst for global business expansion...economic prosperity for all american business enterprises...
TRANSCRIPT
A Catalyst for Global Business Expansion
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AUTHORITY
The only Federal agency
tasked with creating new
jobs and expanding the U.S.
economy through the
Nation’s fastest growing
business sector
VISION
Economic prosperity for all American
business enterprises
MISSION
To foster the growth and global competitiveness of U.S. minority-owned
businesses
MBDA is a JOB CREATING AGENCY working on behalf of the nation’s 5.8 million
minority-owned firms in support of their growth and GLOBAL competitiveness.
Summary
— WHO WE ARE – the only Federal Government agency to the growth and
competitiveness of the Nation’s minority-owned businesses
— WHAT WE DO – create jobs by helping minority-owned businesses obtain contracts and
capital through our national network of MBDA Business Centers
— WHY WE DO IT – the U.S. needs strong minority-owned firms to support greater job
creation and faster economic recovery
— RESULTS WE ACHIEVED – 108% increase in contracts and capital; 48% increase in
new jobs created; 121x return on taxpayer investment
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Jobs, Contracts, and Capital
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Efficient Stewards of Taxpayer Dollars
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— Create a new generation of businesses generating $100 MILLION in annual revenues
— Foster innovation and entrepreneurship in HIGH-GROWTH INDUSTRIES
Clean and renewable energy
Advanced manufacturing
Social, mobile, analytics and cloud technologies (SMAC)
Biotechnology, medicine, and healthcare
High-speed rail
— Increase exports of goods and services by U.S. minority and diaspora-owned
businesses
— Develop GLOBAL FINANCING SOLUTIONS
Strategic Focus
Increasing Exports of Minority-owned Firms
Select Export Transactions
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Increasing Exports of Minority-owned Firms, Cont.
Increasing Exports of Minority-owned Firms, Cont.
Asian American-owned Businesses
• In FY 2012, MBDA helped 1,630 Asian
American-owned businesses access
$268 million in contracts and capital.
• During the first term of the Obama
Administration, MBDA assisted 2,399
Asian American owned businesses in
obtaining $523 million in contracts
and capital .
• This represents an 88 percent
increase over the prior 4-year period
(2005-2008).
African American-owned Businesses
• In FY 2012, MBDA helped 1,438
African American-owned businesses
access $1.8 billion in contracts and
capital.
• During the first term of the Obama
Administration, MBDA assisted 8,656
African American owned businesses
in obtaining $7.4 billion in contracts
and capital
•This represents a 178 percent increase
over the prior 4-year period.
Hispanic-owned Businesses
• In FY 2012, MBDA helped 1,113
Hispanic American-owned businesses
access $866 million in contracts and
capital.
• During the first term of the Obama
Administration, MBDA assisted 6,305
Hispanic American owned businesses
in obtaining $4.4 billion in contracts
and capital.
• This represents an 86 percent
increase over the prior 4-year period.
Native American-owned Businesses
• In FY 2012, MBDA helped 868 Native
American-owned businesses access
$320 million in contracts and capital.
• During the first term of the Obama
Administration, MBDA assisted 2,850
Native American owned businesses in
obtaining $1.4 billion in contracts and
capital.
• This represents a 53 percent increase
over the prior 4-year period.
MBDA Service Delivery Model
MBDA CLIENTBUSINESS
OPPORTUNITIES
MATCHING
SYSTEMS
DEAL FLOW
(create, track & manage)
CAPITAL,
CONTRACTS &
JOBS
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Thank You!
Alejandra Y. Castillo
National Deputy Director
(202) 482-2332
Terry M. Richards
Legislative & Intergovernmental Affairs Specialist
(202) 482-4611
For more information please visit: www.mbda.gov/budget-performance