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January 12, 2015
SelectUSA Investment
Created on January 12, 2015
 

In my first year as Secretary, one of my proudest moments was welcoming international investors to the 2013 SelectUSA Investment Summit. Alongside President Obama, Secretary of State John Kerry, Treasury Secretary Jack Lew, Labor Secretary Thomas Perez, and U.S. Trade Representative Michael Froman, we made...

Global Opportunities and New Markets

Global Opportunities and New Markets

January 9, 2015

National Weather Service is warning much of the country about the polar vortex, an arctic air mass that is pushing much of the eastern and central U.S. down to record cold temperatures.

During this wave, workers are at increased risk of cold stress. Increased wind speeds can cause the air temperature to feel even colder, further increasing the risk of cold stress of those working outdoors, such as:

  • Snow cleanup crews
  • Construction
  • ...

Employees

Employees

January 9, 2015
Created on January 9, 2015
 

Explore investor-owned and consumer-owned utility company options for energy efficiency and sustainability investments:  energy audits, rebates, equipment efficiency, time of use, net metering, building, refrigeration, compressed air, and lighting.

City and county certifiably green programs: new local city initiatives; energy audits, rebates, tax credits, preferred contractor list, free sustainability...

Innovation

Innovation

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Energy Efficiency

Energy Efficiency

January 7, 2015
Created on January 7, 2015
 

Join SelectUSA in Hong Kong at the Asian Financial Forum on January 19-20, 2015.

The U.S. Commercial Service team in Hong Kong has confirmed a booth at the 8th Asian Financial Forum (AFF) on January 19-20, 2015.

AFF brings together members of the global financial and business community to discuss developments and trends across markets...

Global Opportunities and New Markets

Global Opportunities and New Markets

January 6, 2015
Spread the Facts not Your Gems
Created on January 6, 2015
 

The Department of Labor's Occupational Safety and Health Administration reminds all employers and workers of the importance of maintaining a healthy, influenza-free workplace this season and throughout the New Year.

The following are seven simple tips to keep in mind for preventing seasonal flu at work:

  1. Get vaccinated.
  2. ...

Health Care

Health Care

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Employees

Employees

December 31, 2014
Emerging Leaders
Created on December 31, 2014
 

The U.S. Small Business Administration has launched its 2015 Emerging Leaders executive-level training series in 48 cities and communities across the country. 

The initiative has trained more than 2,400 promising small business owners in underserved communities, and its impact continues to expand in helping small businesses to grow and create jobs throughout the country.  There are 22 new cities joining the...

Established Businesses and Growth

Established Businesses and Growth

December 31, 2014
Guatemala Flag
Created on December 31, 2014
 

Gain a competitive advantage by identifying export opportunities and best prospects in Guatemala’s market.

Join the U.S. Commercial Service for the “Export Opportunities in Guatemala for U.S. Companies Webinar" on Wednesday, January 7, 2015. This first chapter of the...

Export Basics

Export Basics

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Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

December 30, 2014
Patented Stamp
Created on December 30, 2014
 

Helping small businesses and independent inventors with limited resources is an important goal of the United States Patent and Trademark Office (USPTO), and supports the Administration’s commitment to balance the playing field for all entrepreneurs looking to innovate. It also supports the...

Innovation

Innovation

December 29, 2014
Rio 2016 Sign
Created on December 29, 2014
 

Athletes around the world have already begun their preparations for the 2016 Olympics in Rio de Janeiro.

For U.S. businesses looking to take advantage of export opportunities, preparations should also begin now.

The good news (for most of us anyway) is that preparations for businesses don’t require any sprints, hours in the pool, or...

Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

December 23, 2014
Business Sunday
Created on December 23, 2014
 

By Marie R. Gill, Operator and Executive Director of the MBDA Business Center in Miami and Josh Dickson, Director of the Center for Faith-based and Neighborhood Partnerships at the US Department of Commerce

Earlier this month, Minority Business Development Agency (MBDA) Business Center in Miami hosted its first Business Sunday at Samaritan...

Interagency

Interagency

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MBDA Agency

MBDA Agency

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Starting a Business

Starting a Business

December 22, 2014
SBIC flow chart depicts private investor funds and SBA funds funneling into SBICs funneling into small businesses

Did you know that the Small Business Investment Company (SBIC) Program has been helping small business access capital for more than fifty years?

What’s the SBIC Program?

The Small Business Investment Company (SBIC) Program is a multi-billion dollar program that, in fiscal year 2013 alone, invested $3.5 billion in financing dollars to small businesses! So how does it work?

 

SBICs are privately owned and managed investment funds. They’re licensed and regulated by SBA and use...

Financial Education

Financial Education

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Private Equity and Venture Capital Sourcing

Private Equity and Venture Capital Sourcing

December 19, 2014
Business Credit

Building business credit is just as important as building and taking good care of one’s personal credit. In the business world, a company does not have a consumer FICO® Score. Instead, it has business credit scores, ratings maintained and calculated by business credit reporting agencies.

“Just as your personal credit has a big impact on your financial health, your business credit can help you get competitive business loan rates and terms from potential suppliers,” says Marc Kirshbaum, president of Experian's Business Information Solutions group.

Unfortunately, many small...

Financial Education

Financial Education

December 19, 2014
Be Smart. Take Part. Prepare

America’s PrepareAthon! Campaign Offers Specific Actions to Prepare your Business for a Winter Storm

When a winter storm hits, it can significantly interrupt if not suspend your business operations. Winter storms can bring freezing rain, ice, snow, high winds, or a combination of these conditions. They can cause power outages that last for days, make roads and walkways very dangerous, and affect community services. Preparing ahead of time can help you manage the impact a winter storm has on your business and the safety of your employees.

Knowing what to do when a winter...

Emergency Preparedness

Emergency Preparedness

December 18, 2014
Albert K. Shen

In the short amount of time that I’ve had the privilege of working with MBDA, I’ve been thoroughly impressed with all of your hard work and dedication. I’m inspired by all the great achievements that we’ve accomplished this year and the continued diligence and commitment I see on future endeavors.

This year was a very successful year for job creation, economic growth and entrepreneurship within the minority communities, and I’m proud to say that all of you played a vital role in this upward trend. Despite facing many challenges, you continue to step up to the plate and face...

MBDA Agency

MBDA Agency

December 17, 2014
Big Data
Created on December 17, 2014
 

The landmark joint partnership between the Harvard Business School and the U.S. government, created to give businesses access to new tools to compete in an increasingly competitive global economy.

How does it work? In short, the project uses over 50 million open data records to...

Conducting Business Online

Conducting Business Online

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Technology and Business

Technology and Business

December 17, 2014
Business Plan

Too many people try to start a business without first developing a clear roadmap for the journey ahead, making success that much harder. Don’t be one of them! This month is National Write a Business Plan Month and we’re here to help you get started with six steps to writing a solid business plan.

Looking for more help? Check out this step-by-step tool for writing a business plan.

Starting a Business

Starting a Business

December 16, 2014

Don Aberle has one piece of advice for companies looking to export: Commit to it.

It may take time, but the marketing manager from Titan Machinery Outlet says that commitment can pay off, and “good things will happen.”

That’s the theme of a new video from the Commerce Department’s International Trade Administration (ITA), which provides tips from successful exporters about how a company can become a global player.

Young companies should also be paying attention to and taking advantage of global opportunities. Startups actually can have an important advantage when it...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Expansion

Export Expansion

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Export Basics

Export Basics

December 12, 2014
Employer and Employees
Created on December 12, 2014
 

The Affordable Care Act (ACA) contains several tax provisions that affect employers. Under the ACA, an employer’s workforce size is significant because this information determines which provisions apply. 

The IRS is conducting an information campaign to educate taxpayers about some of the basics of the ACA. This campaign will include health care tax tips, YouTube videos and expanded ACA web pages on IRS.gov...

Tax Literacy

Tax Literacy

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Health Care

Health Care

December 10, 2014
Created on December 10, 2014
 

Each year, the 11 federal agencies that provide funding via the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs hit the road for a National Conference. The goal? To get the word out about the programs and to meet the entrepreneurs who are driving U.S. innovation.

Hats off to Texas in their starring role...

Innovation

Innovation

December 10, 2014
Get coverage now through the SHOP Marketplace Business Owner
Created on December 10, 2014
 

For Employers

Getting health coverage for your small business for 2015 is easier than ever before. For the first time, you can use the SHOP Marketplace to enroll online for coverage that starts as early as January 2015. Learn more about how to enroll with this step-by-step guide.

Here are just a few benefits of buying coverage through the SHOP Marketplace.

  • ...

Employees

Employees

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Health Care

Health Care

December 9, 2014
Brazil
Created on December 9, 2014
 

Free Webinar: U.S. Business Opportunities for 2016 Olympics

Brazil is experiencing major growth in the Design and Construction sectors. The country has captured global attention as its major cities undergo a construction boom related to the 2014 Soccer World Cup and the 2016 Summer Olympic Games.

Event Information

Learn about upcoming Rio 2016 Olympic...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Expansion

Export Expansion

December 8, 2014
Maximizing our value to customers!

For 45 years, the Minority Business Development Agency (MBDA) programs have focused on providing greater access to business opportunities that better equip minority business owners to create jobs, build scale and capacity, and contribute to the U.S. economy.  

In response to the President’s call to make 2014 “a year of action,” MBDA ensured that we reached many more minority-owned firms throughout the nation. In addition to reaching new heights, MBDA was active in expanding its reach and services for the rapidly growing segment of the economy we serve. We opened seven new MBDA...

MBDA Agency

MBDA Agency

December 3, 2014
Exporting Planes, Trucks, Containers
Created on December 3, 2014
 

The Commerce Department’s International Trade Administration works hard to help companies that are ready to export compete and succeed in global markets.

We want to emphasize that it’s never too early for entrepreneurs to start thinking about exporting – determining financing needs, targeting markets, conducting research, etc.

As we’ve worked with global startups, we’ve learned it can be difficult...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Finance

Export Finance

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Export Expansion

Export Expansion

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Export Basics

Export Basics

December 3, 2014
Holiday Shopping
Created on December 3, 2014
 

Locally-owned small retailers can earn 50 percent or more of total annual sales during the critical holiday shopping period between Black Friday and New Year’s Day. The business choices made during this important period can have direct effects on a small firm’s cash flow for the entire year. The SBA surveyed several business counselors from the Colorado Small Business Development Centers and SCORE to compile this...

Established Businesses and Growth

Established Businesses and Growth

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Sales and Marketing

Sales and Marketing

December 2, 2014
Discover Global Markets: Sustainable Solutions
Created on December 2, 2014
 

Make plans to be in Silicon Valley, February 9-11, 2015, to kick off the first Discover Global Markets conference of 2015 – Discover Global Markets: Sustainable Solutions.

The U.S. Commercial Service, in cooperation with NASA, will host a dynamic, three-day business forum focused on...

Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

December 2, 2014
India SmartGrid Workshops
Created on December 2, 2014
 

The U.S. Trade and Development Agency (USTDA) is sponsoring an India Smart Grid Workshop Series to bring together U.S. and Indian power sector stakeholders for future project implementation. The workshops and site visits will assist Indian utilities to address their growing power needs through a better understanding of U.S. grid modernization, demand side management, and renewable energy integration technologies, as...

Global Opportunities and New Markets

Global Opportunities and New Markets

November 26, 2014
Thank you!
Created on November 26, 2014
 

For retailers, this time of year is a hum of activity preparing for holiday sales. While B2B companies may find the holidays a slowdown, rather than a time of intense activity, smart B2B entrepreneurs will seize the season as an opportunity to build relationships with customers. What better way to do that (and what better time of year to do it) than by rewarding your loyal clients for their business?

A...

Sales and Marketing

Sales and Marketing

November 25, 2014
Helpful Tips
Created on November 25, 2014
 

Intellectual Property Webinar Series

The Minority Business Development Agency (MBDA) and the U.S. Patent and Trademark Office (USPTO) will co-host a free webinar series to help business owners understand the intellectual property process, starting on Tuesday, December 9.

To join the event:

  • To participate 

  • ...

MBDA Agency

MBDA Agency

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Innovation

Innovation

November 21, 2014
Doing Business 2015
Created on November 21, 2014
 

Doing business in Africa is not always easy, but the business climate is improving in many African countries, the World Bank’s latest Doing Business report shows.

The latest version of the Bank’s...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Expansion

Export Expansion

November 18, 2014
Diversity
Created on November 18, 2014
 

The Southern University Law Center and Kean Miller, LLP, hosted the Louisiana Diversity Forum on Oct. 30 in Baton Rouge, La. The forum included several panel discussions and speaker presentations focused on diversity and inclusion with respect to commerce, business, workplaces, and legal education.

Candace Shiver, Special Advisor to the National Director of the Minority Business Development Agency (MBDA)...

MBDA Agency

MBDA Agency

November 17, 2014
Affordable Care Act
Created on November 18, 2014
 

Whether you’re a small employer or a sole proprietor whose enrollment opened Nov. 15, the Small Business Health Options Program (SHOP) can help you find health coverage for yourself and your employees.  Find out how the SHOP Marketplace can help you get health coverage if you have fewer than 50 employees at: https://www.healthcare.gov/small-...

Health Care

Health Care

November 17, 2014
Michael Bing, Project Director, Washington MBDA Business Center
Created on November 17, 2014
 

The Minority Business Development Agency is the only federal agency dedicated to the growth and global competitiveness of U.S. minority-owned businesses; and most of our work is accomplished through our nationwide network of MBDA Business Centers and their work directly with the nation’s MBEs. While, we often report their successes in terms of contracts and capital obtained for MBEs, we rarely talk about how...

MBDA Agency

MBDA Agency

November 17, 2014
November 29: Small Business Saturday!
Created on November 17, 2014
 

November 29th is Small Business Saturday! That’s right, the day after Black Friday and before Cyber Monday is your chance to make a lasting impact in your community by encouraging shoppers to shop local.

But just how big an impact does the day have?...

Sales and Marketing

Sales and Marketing

November 17, 2014
SHOP Marketplace is Open
Created on November 17, 2014
 

Trying to find health insurance for your employees?

Check out the Small Business Health Options Program—SHOP—part of the new Health Insurance Marketplace. The SHOP Marketplace gives you a choice of quality, private health insurance plans, information, and tools to make comparisons and choose the one that works best for your company and employees.

In many states, you can enroll in SHOP coverage...

Health Care

Health Care

November 17, 2014
Native American $789 Million in Contracts & Capital
Created on November 17, 2014
 

Every year, our Nation pauses to reflect on the profound ways the First Americans have shaped our country's character and culture. The first stewards of our environment, early voices for the values that define our Nation, and models of government to our Founding Fathers -- American Indians and Alaska Natives helped build the very fabric of America.

President Barack Obama...

MBDA Agency

MBDA Agency

November 13, 2014
National Journal Next America
Created on November 13, 2014
 

According to a recent U.S. Census Bureau report, the United States will not have a clear racial or ethnic majority by 2043. America's deepening diversity has huge implications for the country's economy, and is creating challenges and opportunities for the nation's financial system as it works to increase minority access to the financial mainstream.

San Francisco, California—a hub of technological innovation...

Technology and Business

Technology and Business

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Financial Education

Financial Education

November 13, 2014
HUBZone Benefits
Created on November 13, 2014
 

 

The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. Below are three new resources provided by the U.S. Small Business...

Procurement Matching, Contracting Opportunities

Procurement Matching, Contracting Opportunities

November 12, 2014
Tech Transfer
Created on November 12, 2014
 

Earlier this month, the National Institute of Standards and Technology (NIST) and the Minority Business Development Agency (MBDA) hosted a special event for minority serving institutions to foster collaborations that could increase minority participation in scientific research and entrepreneurship. Representatives from large and small colleges and universities across the country gathered to learn about NIST’s...

Interagency

Interagency

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MBDA Agency

MBDA Agency

November 12, 2014
Tax Credit Estimator
Created on November 12, 2014
 

If you’re an employer who may be eligible for the Small Business Health Care Tax Credit, you can use this Estimator. The credit is designed to encourage small businesses to offer health insurance coverage for the first time or maintain coverage they already have.

For some employers and tax-exempt organizations, this...

Health Care

Health Care

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Financial Education

Financial Education

November 10, 2014

The Minority Business Development Agency (MBDA) is committed in supporting U.S. veterans. It is an honor to celebrate the many contributions of our service members as they continue helping our country thrive. Our veterans are the bedrocks of our Nation and have served or continue serving, as the guardians of our society.

At MBDA we thank all veterans for their service and are fortunate to have a number of them working with us day-to-day supporting minority-owned businesses and helping grow the U.S. economy. Each one brings a unique contribution to our agency, here are a few examples...

MBDA Agency

MBDA Agency

November 10, 2014
Concept of the New Mexico City Airport and Terminal Building
Created on November 10, 2014
 

Recently the Minority Business Development Agency’s (MBDA) National Deputy Director, Albert K. Shen, met with Carlos Marron, Senior Investment and Trade Commissioner of ProMexico, to discuss ways to collaborate on upcoming infrastructure projects throughout Mexico.

Over the next four years, the Mexican Government plans to invest more than $600 billion to modernize transport, telecommunications, water,...

Export Expansion

Export Expansion

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Global Opportunities and New Markets

Global Opportunities and New Markets

November 10, 2014
Export-Import Bank of the United States
Created on November 10, 2014
 

Nominations are now being  accepted for Ex-Im Bank’s 2015 Advisory Committee. The  Congressionally-established Advisory Committee holds quarterly meetings in  which its primary task is to advise the Bank concerning its policy and  programs, in particular on the extent to which the Bank is meeting its mandate  to provide competitive financing to expand United States exports, and any  suggestions for improvement in...

Interagency

Interagency

November 10, 2014
Inventors Assistance

Every day, all across America, good ideas are converted into tangible inventions and products that solve problems large and small and lift our quality of life. Do you have a good idea yourself? Maybe you’ve even developed it into a proof of concept or prototype. The next step you should consider is how you can protect what you’ve created.

Patents are issued by the United States Patent and Trademark Office (USPTO). They give their owners the right to exclude others from making, selling, offering for sale, or importing an invention...

Innovation

Innovation

November 10, 2014
The small business marketplace is open
Created on November 10, 2014
 

A new online marketplace will go live on November 15, making it easier for businesses with 50 or fewer full-time equivalent employees to offer health insurance. That same day, open enrollment will begin again for individuals seeking coverage under the Affordable Care Act.

Join us for a conversation about the federal Small Business Health Options Program (SHOP) online marketplace and the second...

Health Care

Health Care

November 7, 2014
Created on November 7, 2014
 

The Federally-Facilitated Small Business Health Options Program (SHOP) Marketplace Early Access launched on October 27th in Delaware, Illinois, Missouri, New Jersey and Ohio. The SHOP Marketplace helps small businesses provide health coverage to their employees and is open to employers with 50 or fewer full-time equivalent employees. “SHOP Early Access” will allow small businesses, agents, and brokers to try out new...

Health Care

Health Care

November 5, 2014
Created on November 6, 2014
 

The Facts About Exporting addresses some of the misconceptions that exist and paves the way for exporting more American-made products around the world. What percentage of the world’s customers do you think live outside of the U.S.? Who exports more: small or large companies? Take a look at the infographic and learn these facts and more!

The Facts About Exporting [Infographic] by...

Global Opportunities and New Markets

Global Opportunities and New Markets

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Export Basics

Export Basics

November 5, 2014
Created on November 6, 2014
 

EntreprenuersFor more than four decades, the Minority Business Development Agency (MBDA) has led Federal Government efforts to provide focused support to minority businesses enterprises (MBEs), which are increasingly critical...

Starting a Business

Starting a Business

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MBDA Agency

MBDA Agency

November 4, 2014
SelectUSA 2015 Save the Date
Created on November 5, 2014
 

A Strong Commitment to Investors

Please join us for the SelectUSA 2015 Investment Summit from March 23-24 in Washington, D.C.

President Barack Obama and Commerce Secretary Penny Pritzker have made it clear that the United States is “open for business” and warmly welcomes foreign investors to operate in our transparent, stable and open market.

SelectUSA provides world-class services...

Global Opportunities and New Markets

Global Opportunities and New Markets

November 3, 2014
Fall National SBIR/STTR Conference
Created on November 4, 2014
 

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are the nation's largest source of early stage/high risk R&D funding for small business. At this conference you’ll learn how to participate and compete for funding in these two programs that encourage small businesses to engage in Federal Research/Research and Development (R/R&D) and to commercialize your...

Innovation

Innovation

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Technology and Business

Technology and Business

November 2, 2014
Discover Global Markets: Healthcare and Life Sciences
Created on November 3, 2014
 

Join the U.S. Commercial Service, the Minnesota District Export Council & Life Science Alley at the premier health-focused export event of the year!

At DISCOVER GLOBAL MARKETS: Healthcare & Life Sciences you will have the opportunity to learn about global healthcare opportunities and industry atmosphere through private consultation with U.S. Commercial Service Senior Commercial Officers...

Interagency

Interagency

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Global Opportunities and New Markets

Global Opportunities and New Markets

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