Honoring the Minority Business Leaders of Today

Honoring the Minority Business Leaders of Today

Minority Enterprise Development Week: August 15, 2008


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SAN FRANCISCO, July 9 /PRNewswire/ — The Power of Strategic Alliances in the Global Economy is the theme of Minority Enterprise Development Week 2008, presented by the Minority Business Development Agency (MBDA) — San Francisco National Enterprise Center (SFNEC).

MBDA is proud to pay tribute to the top Minority Business Entrepreneurs (MBEs) within the Western region. On Friday, August 15, 2008, the San Francisco National Enterprise Center will host an awards reception and banquet at the Westin St. Francis Hotel in San Francisco, from 5:30 to 7:00 PM.

“At this time of uncertain economic outlook, it is more important than ever to recognize the minority entrepreneurs who are revitalizing their communities and inspiring others — to do more than dream — to invest in development,” states Salvador Enriquez, Chief of Business Development, San Francisco National Enterprise Center, Minority Business Development Agency, U.S. Department of Commerce. “SFNEC has assisted MBEs in the Western U.S. region by providing over $450 million in procurement and financial transactions in 2007.”

MED Week will honor nine outstanding minority entrepreneurs at the Awards Banquet. In addition, MBDA will present a special Business Advocate of the Year Award to Congressman Mike Honda, 15th Congressional District of California, who has spent decades representing and supporting the interests of minority business communities. In addition, three Hispanic businesses in the construction and service industries will be recognized for their accomplishments at that time.

Highlights will include a keynote speech by Sunil Wadhawani, a South Asian American and CEO of iGate, and gala entertainment. With the support of its corporate sponsors, the 26th Annual MED Week Celebration anticipates around 500-plus guests from the minority business enterprise (MBE) and corporate sectors.

MBDA San Francisco National Enterprise Center represents over 49,000 MBEs in eight western states: Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Washington and American Samoa. The purpose of MED Week is to showcase MBEs as an invaluable community resource and a strategic center for economic development. The event will bring together Hispanic American, Asian American and African American businesses, among other MBE communities, media and the corporate community supporting these MBEs. The Minority Business Development Agency (MBDA) is part of the U.S. Department of Commerce and is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America.

For more information or to schedule an interview, please contact Barbara I. Wichmann at 415.351.2227 or send your request by email to b.wichmann@artemia.com.

Honoring the Minority Business Leaders of Today