HOME   |   CONTACT   |   MY BUSINESS TOOLS    Facebook Twitter LinkedIn Subscribe to MBDA Newsletter Subscribe to our syndicated RSS news feed

You are hereHome > From the Director

From the Director


  • Submitted on 29 January 2013

    Created on January 29, 2013

    David Hinson, National Director

    Thinking bigger, thinking broader, and working smarter is commonplace for business owners. The same holds true for MBDA in promoting the growth and global competitiveness of America’s fastest growing companies, the minority business community. As we look ahead, we are encouraged that the Build it Here, Sell it Everywhere vision of the U.S. Department of Commerce continues to resonate and gain momentum throughout the business community.

    The value of tapping into international markets cannot be overstated. Boosting exports is critical to stimulating our country’s economic growth and job creation. This is an area in which minority-owned businesses play a leadership role. Shared languages, cultural affinities, and a global reach that spans 41 countries on six continents make minority-owned firms natural exporters. MBDA is uniquely positioned to engage the Diaspora communities across the country and help leverage their cultural and ancestral ties to key foreign markets and create greater access for U.S. products and services.

  • Submitted on 21 December 2012

    Created on December 21, 2012
     

    David Hinson, National Director

    As we approach the winter holidays, we pause to thank you for your continued partnership. It is business associates like you that bring a rich mosaic of experiences, attitudes and views that continue to advance MBDA’s mission to create jobs and foster the growth and global competitiveness of minority-owned firms.

    It’s been an extremely productive year at MBDA and we are excited to share some of our many achievements from this past year.  We’ve completed a major organizational restructuring that enabled us to increase funding to MBDA Business Centers.  We also launched several “specialty” MBDA Business Centers including: the Atlanta MBDA Business Center, which is now staffed to provide expert guidance for minority-owned businesses in the healthcare technology and advanced manufacturing industry sectors; the San Antonio MBDA Business Center that has expanded their services to include expertise in exporting to Latin America; and the MBDA Federal Procurement Center, the first MBDA Business Center to solely focus on federal contracting.;

  • Submitted on 29 November 2012

    Created on November 29, 2012
     

    David Hinson, National Director

    As we reflect on the Thanksgiving Holiday, there is much to be grateful for – today and every day. In celebrating the simple joys of life, we also recognize the hard work and unique opportunities on the horizon. Minority-owned firms represent a community that is composed of 5.8 million businesses that contribute over $1 trillion to the U.S. economy, and directly and indirectly creates 16 million jobs. MBDA is honored to partner with you in ushering in a new era where we will focus on supporting your ability to access global markets with your products and services. Our future lies in the global markets and we are going to help you get there!

  • Submitted on 03 October 2012

    Created on October 3, 2012
     

    David Hinson, National Director

    I attended the 42nd Annual Meeting of the National Association of Investment Companies (NAIC) and came away with extraordinary news and a more optimistic outlook on the growth and expansion of the minority business community.  Today, NAIC released a quantitatively focused report that underscores the strong performance of minority and women-owned private equity firms.  These firms create new jobs and expand the U.S. economy by providing much needed capital to the nation’s minority- and women-owned businesses. 

    The report, referred to by its short name, Recognizing the Results, is formally titled The Financial Returns of NAIC Firms: Minority and Diverse Private Equity Managers and Funds Focused on the U.S. Emerging Domestic Markets.  Compiled by the highly respected accounting firm KPMG, Recognizing the Results demonstrates that NAIC members—27 minority and diverse private equity firms focused on the U.S. emerging domestic markets – have outperformed the overall private equity industry for the past 13 years.  These results capture a representative sample of the larger sector of diverse and minority private equity firms. 

  • Submitted on 20 September 2012

    Created on September 20, 2012
     

    David Hinson, National Director

    Over the past two decades, the world has been shifting into an innovation economy. Fortunately, as President Obama has said, “Nobody does innovation better than America.” It’s not just our first-rate colleges and universities, though they certainly are a big part of it. It’s the American workforce. According to the President,“Nobody has a greater diversity of talent and ingenuity. No one’s workers or entrepreneurs are more driven or more daring.”

    Talent, ingenuity, tenacity and a willingness to take risks. These are the same strengths I see as I travel around the country meeting with minority business owners; strengths that match up with the demands of today’s global economy.

    Why is innovation so important?  We know it’s the key driver of competitiveness, wage and job growth, and long- term economic growth. We also know that it was Federal government investments in research, education, and infrastructure that made our economy competitive in the past. It was government’s support that paved the way for private sector growth and laid the foundation for American global leadership.

  • Submitted on 22 August 2012

    David Hinson, National Director

    I am sitting with Luciana Mello, an Afro-Brazilian entrepreneur whose consulting company, Prama Consulting, assists small and medium-sized businesses export from Brazil. One of her main lines of business is language translation services. As businesses continue to move to a global economy, there is a growing need for translation services.

    Most of Mello’s clients are Afro-Brazilian companies that export primarily within Latin America. When asked about exporting to the U.S., Luciana said “Most of my clients don't consider exporting to the United States because they feel that the market is too difficult to enter and too large, but if they could find a U.S. partner, they would be interested.”

  • Submitted on 01 August 2012

    Kimberly MarcusMrs. Kimberly Marcus has joined the senior leadership team of MBDA as Associate Director for Legislative, Education and Intergovernmental Affairs. In this role, Mrs. Marcus will serve as the principal advisor on legislative and intergovernmental issues. She will also oversee the Agency’s relationships with federal, state and local elected officials and its advocacy and outreach strategies.

    “Kimberly Marcus is well-suited for this position in light of her experience in corporate and community relations with a special emphasis on economic development and diversity. Her first-hand knowledge of the trials, tribulations and successes of being a business owner will also add to her effectiveness,” stated Hinson. “I am delighted Kimberly is going to share her talents with MBDA and look forward to her contributions.”

    Prior to this appointment, Mrs. Marcus was National African American Outreach Director for the Democratic National Committee (DNC) where she worked diligently within the African American community to emphasize the importance of the African American vote. Marcus has also worked for the Rainbow PUSH Coalition, serving as Executive Director of its Public Policy Institute’s Government Relations office; and for the NAACP as Director of Economic Development. Even when Mrs. Marcus worked in the private sector at Strategic Research Institute and Bank of America, she was a champion for minorities and employees.

  • Submitted on 29 June 2012

    David Hinson, National Director

    When Muhammad Ali, the legendary world heavyweight boxing champion, was asked by reporters why he kept boasting about being the greatest in the ring, he used to say, “It isn’t bragging if you can back it up.”

    The MBDA FY2011 Annual Performance Report (APR) backs up what we’ve been saying about MBDA’s achievements under President Obama. In 2011, we registered the best performance in our 43-year history. It was our third record-breaking year in a row.

  • Submitted on 31 May 2012

    Today, I held a series of conference calls with MBDA staff and stakeholders to announce congressional approval of our proposal to realign our regional office structure.  This change will enhance the efficient delivery of funds and services to our mission critical programs—particularly, the MBDA Business Center grassroots network that interacts directly with minority business owners on a daily basis.

  • Submitted on 22 May 2012

    David Hinson, National Director

    World Trade Month:  Promoting Products Made in the U.S. Abroad

    May, designated as World Trade Month, is marked by events across the country to promote U.S. trade relationships and provide resources to U.S. businesses looking to export their goods and services around the world. This year it has particular significance – the Obama Administration and the Commerce Department have made increasing exports and revitalizing America’s manufacturing sector among their top priorities. It makes good business sense to link the two. Both manufacturing and exporting play a role in strengthening our economy, creating jobs and opening up opportunities for minority-owned businesses.  

    In 2011, the United States hit an all-time record of $2.1 trillion in U.S. exports. More than half of that -- about $1.3 trillion – was manufactured goods. And manufacturing not only drives exports, it also spurs innovation. Last year, manufacturing was responsible for 70 percent of our private sector R&D and 90 percent of our patents, according to a newly released Commerce Department report.  The report also shows that manufacturing workers earn pay and benefits about 17 percent higher than other workers.

Did you know...

Between 2002 and 2007, minority-owned firms outpaced the growth of non-minority firms in gross receipts, employment, and number of firms. Minority firms are an engine of job creation.
Graph for MBE Growth

MBDA Social Network

What MBDA Does

Facebook Twitter Subscribe to MBDA Newsletter Subscribe to our syndicated RSS news feed