In this issue March 7, 2011

MBRT ceo Receives Top Minority Leader award

final regulations for 8(a) business development program

sba program to help women-owned small businesses

sMALL bUSINESS PROGRAMS BEING CUT
MBRT Collaborates on the fist small business solutions summit
SBA's new small business loan programs
obama administration holds startup america: reducing barriers roundtables
oP-ed by roger campos and fernando galaviz

MBRT CEO Receives Top Minority Leader Award

MBRT President & Ceo, Roger Campos

Minority Business RoundTable (MBRT) President & CEO Roger A. Campos “will be profiled in a special supplement of the March 25, 2011 edition of the Washington Business Journal and honored at the awards program that same day at the Capitol Hilton in Washington D.C.”

“ ‘Roger Campos took an active role representing MBE’s in both the Bush and Obama Administrations during the economic crisis precipitated by the financial institutions and mortgage collapse in America,’ stated Ms. Andra Rush, Vice Chairman of MBRT and CEO of Rush Trucking and Dakkota Integrated Systems. 

‘Through Roger’s national and community leadership, more MBE’s are receiving greater opportunities.  He fully deserves this special award recognition.’ ”
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Final Regulations For 8(a) Business Development Program

SBA Administrator, Karen Mills

“The U.S. Small Business Administration today published a package of final rules that will revise regulations to strengthen its 8(a) Business Development program to better ensure that the benefits flow to the intended recipients and help prevent waste, fraud and abuse.
The rules were published today in The Federal Register and will become effective … on March 14, 2011.”

“ ‘The 8(a) Business Development Program is an effective tool for providing small businesses with support to help them compete for and win federal government contracts, and in turn put them in the best possible position to drive economic growth and create jobs,' SBA Administrator Karen Mills said.
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SBA Program to Help Women-Owned Small Businesses

“The Small Business Administration has unveiled a program called the Women-Owned Small Business (WOSB) Federal Contract Program that will give women-owned small businesses more access to federal contracts.

For the first time, federal contracting officers will be able to reserve contracts for small businesses owned by women.

The program is designed to help federal contractors meet their goals of putting 5 percent of federal contract money in the hands of women-owned small businesses."
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Small Business Programs Being Cut
“Like the rest of the federal government, the Small Business Administration is going to get the squeeze in 2012, according to President Obama's budget proposal released [last month].
The SBA -- and, most critically, the lending programs it backs -- got some pretty hefty government subsidies through the Great Recession as the White House tried desperately to get capital flowing to small businesses. That stimulus cash vanishes in the government's 2012 fiscal year, which begins in October 2011.”

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MBRT Collaborates on the First Small Business Solutions Summit and Supports the Deployment of the Umbrella Initiative



MBRT collaborates with NaFCA and Set-Aside Alert to organize the first solutions summit series on issues facing federal contractors. MBRT along with business owners, trade associations, and policy makers attended the first meeting, Summit on Small Business Size Standard Solutions, which was held on March 4, 2011.
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MBRT also welcomes self-sustaining projects that create teaming arrangements and jobs in underserved communities. Therefore MBRT supports the deployment of the Umbrella Initiative whose mission is "to double the number of small and minority businesses contracting with the government by 2020."

Click here to watch "The Umbrella Initiative" Short Documentary.

SBA'S New Small Business Loan Programs

“Small business owners have long complained about the red tape, long waits, and prohibitive collateral requirements of Small Business Administration-guaranteed loans. This spring the agency will introduce two new SBA loan programs that will funnel capital to underserved entrepreneurs directly through nonprofit microfinance organizations, says Grady Hedgespeth, director of the SBA's Office of Financial Assistance in Washington, D.C.”

The Community Advantage and Small Loan Advantage programs are the two loan programs that are being added to the SBA portfolio for 2011.
“They are a simpler and easier way for lenders to make smaller-dollar loans and get a full SBA guarantee of up to 85 percent,” says Hedgespeth. 
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Obama Administration Holds Startup America: Reducing Barriers Roundtables


As part of the White House’s Startup America initiative, senior Obama Administration officials will visit eight cities to meet with entrepreneurs and hear directly from them on ideas and suggestions for reducing barriers and regulations to build a more supportive environment for entrepreneurship and innovation.”

“Using the input from the roundtables and broader public participation, the Administration will produce a report highlighting ideas to streamline and simplify unnecessary barriers to America’s entrepreneurs and innovators. These ideas will be incorporated into the agencies’ responses to the President’s Executive Order.”

“The first Startup America: Reducing Barriers roundtable [was] held in Durham, N.C., on March 3. A second roundtable will be at the annual South by Southwest festival in Austin, Texas, on March 12.”
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OP-Ed by Roger Campos and Fernando Galaviz "One Size Doesn't Fit All"

"Small businesses make up most the nation's industrial base, both in the commercial and in
the federal market sectors, and have traditionally been regarded as a source of innovation and
employment for most of the American people.

Yet, in the federal market place, government
regulations have long failed to support small businesses in sustaining growth and creating jobs:
not least among the challenges federal contractors face are federal budget cuts, insourcing,
bundling, lacking enforcement of subcontracting plans; and above all, a size-standard
methodology that pegs budding small businesses against the largest companies in the federal
market place."
Read More

Upcoming Events

March 25, 2011

The Washington Business Journal Awards Minority Business Leaders

May 10-12, 2011

2011 DOE Small Business Conference

May 18, 2011

National Small Business Week

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.

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