|
|
| In this issue |
january 25, 2011 |
 |
President's State of union address |
|
India trade mission |
|
president picks new jobs advisor |
|
Small business lending fund disappointING |
|
Johnson & Johnson Supplier Diversity Event |
|
executive order on regulatory strategy |
|
Senate Asks SBA to Eliminate Programs |
|
|
India Trade Mission January 5-9, 2011
MBRT members gain access to new markets |
 Prime Minister’s National Innovation Council, Chairman, Mr. Sam Pitroda
India remains one of the fastest growing economies in the world, with a population of close to 1.2 billion. The trade mission to India, made possible by the successful collaboration of Minority Business Roundtable (MBRT) and We Think Global (WTG), provided an opportunity of representation for clients who were interested in exploring business development strategies in the India marketplace.
Read More |
Trade Mission to India to Expand Exports |
 Ria Banerjee, WTG CEO, and MBRT members
"Our trade mission to India was a most productive experience, said Ria Banerjee, CEO, WTG. MBRT-WTG represented several small and minority owned businesses looking to explore business opportunities for Healthcare in India. Our one-on-one meetings with Minister of Health, Dinesh Trivedi and other high level government and business leaders was particularly enlightening. They very clearly articulated the areas where American companies could immediately add value. We look forward to hosting their business counterparts in Washington, D.C. in the near future."
“We are pleased to partner with MBRT member We Think Global to develop strategies for expanding international trade opportunities in the exploding India marketplace for our Nation’s small and minority businesses,” said Roger A. Campos, President & CEO, MBRT.
Read More |
MBRT Applauds President's Executive Order on Regulatory Strategy |
| President Obama signed an Executive Order outlining his regulatory strategy to support continued economic growth and job creation, while protecting the safety, health and rights of all Americans. This strategy builds on best practices of the past, while adapting to challenges the country faces today and establishing a smart path for the future.
Read More
|
|
|
State of Union Address
President to Call for 5 Year Spending Freeze
|
On Tuesday, January 25, at 9 p.m. EST, President Obama delivers the State of the Union address at the U.S. Capitol. Be sure to tune in to the live stream of the State of the Union Address on WhiteHouse.gov.
Read More
|
President Obama speaks to Congress
|
Small Business Lending Fund Disappointing |
| Community bankers are debating the merits of the newly minted Small Business Lending Fund, questioning whether participation in the Treasury Department's program is more trouble than it's worth, or even necessary.
"If you tell a bank they'll get to pay less by lending more, eventually they'll start making bad loans," said Bernard Clineburg, chief executive of Cardinal Bank in Tysons Corner. "Any program that incentivizes a company to take on that kind of risk is problematic."
Kathleen Murphy, president and chief executive of the Maryland Bankers Association, doubts that scenario would come to pass given the stringent regulatory oversight these days. But she has other concerns.
An internal poll recently conducted by the Independent Community Bankers of America, however, found that 70 percent of respondents had no intention of tapping the lending fund, either because they were well capitalized or weren't seeing loan demand.
Read More |
|
Upcoming Event
|
|
President Picks Chairman Council on Job & Competitiveness
|
President Obama tapped one of the country's top corporate executives as his chief adviser on how to help American companies create more jobs at a time when Washington's options for bolstering employment through public spending have narrowed.
By naming General Electric chief executive Jeffrey Immelt to lead a new White House panel, Obama sent another signal that he wants to work more closely with big business, in part to reduce the high unemployment rate by increasing U.S. exports.
Read More
|
Senate Asks SBA to Eliminate Programs
|
Senators Mary L. Landrieu, D-La. and Olympia J. Snowe, R-Maine, Chair and Ranking Member of the Senate Committee on Small Business and Entrepreneurship, today sent letters to Small Business Administration (SBA) Administrator Karen Mills and Inspector General Peg Gustafson requesting recommendations for programs within the SBA that could be eliminated or substantially reduced, without undermining the agency’s ability to serve the needs of small business owners.
Read More
|
|
|
MBRT LEADERSHIP
 |
Janice Bryant Howroyd
MBRT Board Chairman
Act. 1 Group Founder & CEO,
Torrance, CA |
|
 |
Andra M. Rush
MBRT Board Vice-Chairman
Rush Trucking, President & CEO,
Wayne, MI |
|
 |
Roger A Campos
MBRT Founder
President & CEO,
Washigton, DC |
|
|
ABOUT MINORITY BUSINESS ROUNDTABLE (MBRT)
|
| The Minority Business RoundTable (MBRT) is a national nonprofit 501(c) 3 membership organization for CEO's of the nation's largest and leading minority-owned companies. It functions as the vehicle for its mem bers to analyze and help formulate effective public policies that impact minority-owned businesses. Members hold positions equivalent to chief executive officers (CEO) or chairperson in their respective businesses. |
|
SPONSORS & PARTNERS
 |
 |
| 1629 K Street, N.W. Suite 300 Washington, DC 20006 | www.mbrt.net | Phone: 202-289-8881 | rogercampos@mbrt.net |
|
|
