policy initiatives: matters of diversity and inclusion national 8(a) association 2016 winter...
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National 8(a) Association Synergies Common Intersect of Businesses Served Advocate 8(a) Program Essential Business Development Instrument Educating Firms on Federal Contracting Promoting 8(a) Firms to Federal Agencies & Prime Contractors 3TRANSCRIPT
Policy Initiatives: Matters of Diversity and Inclusion
National 8(a) Association2016 Winter Conference Agenda
February 10, 2016
1
Diversity and Inclusion
National 8(a) Association Synergies The Changing National Landscape State of Minority Business Enterprises (MBEs)
High Growth Rates Contributions to the U.S. Economy Ongoing Disparities
MBDA Access Action Advocacy
Next Steps Explore Transitioning 8(a) Graduates Explore Leveraging Strategic Relationships
2
National 8(a) Association Synergies
Common Intersect of Businesses Served Advocate 8(a) Program Essential Business Development
Instrument Educating Firms on Federal Contracting Promoting 8(a) Firms to Federal
Agencies & Prime Contractors
3
Population Demographic Changes
Minority population is growing faster than non-minorities
Graph excerpts from “Diversity Explosion” by William H. Frey, Senior Fellow, The Brookings Institution, Metropolitan Policy Program 4
Population Demographic Changes - Notable Characteristics
Minorities are Younger- Anticipate high
levels of work- force entry
Non-minorities are aging at faster rates- Anticipate high
levels of retirement
Graph excerpts from “Diversity Explosion” by William H. Frey, Senior Fellow, The Brookings Institution, Metropolitan Policy Program 5
Minority Business Enterprises -Growth Trend
6
2002 2007 20120.01.02.03.04.05.06.07.08.09.0
3.9
5.8
8
Minority FirmsThe number of minority firms more than doubled
Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Num
ber i
n M
illio
ns
Minority Business Enterprises -Economic Contribution Trend
7
Gro
ss R
ecei
pts
In T
rillio
ns o
f Dol
lars
Minority Firms
Economic activity of minority firms doubled
Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
1 2 30.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
0.7
1.0
1.4
2002 2007 2012
Minority Business Enterprises -Employment Contribution Trend
8
Num
ber o
f Pai
d Em
ploy
ees
In M
illio
ns
Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Minority Firms
2002 2007 2012
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
4.7
5.8
7.2
Minority Business Enterprises -Comparison of Growth Rates
9Source: U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
2007-2012 Growth Rate Comparison
Gross Receipts Employees Number of Firms
-10%
0%
10%
20%
30%
40%
50%
35%
23%
38%
7%
-4% -6%
MinorityNon-Minority
Minority Business Enterprises – Comparison by Gross Receipts
10
In T
rillio
ns o
f Dol
lars
Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Combined Gross Receipts
0.0
2.0
4.0
6.0
8.0
10.0
12.0
0.7 1.0 1.4
8.0
9.810.5
MinorityNon-Minority
2002 2007 2012
Minority Business Enterprises -Comparison of Average Receipts
11
In T
hous
ands
of D
olla
rs
Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Average Gross ReceiptsMinority firms continue to lag in size when compared to non-minority firms
1 2 30
100
200
300
400
500
600
167 178 174
439488
552
MinorityNon-Minority
2002 2007 2012
Comparison of Average Receipts by Employment Firms
12Source: U.S. Census Bureau, 2002 Survey of Business Owners, September 2006 U.S. Census Bureau, 2007 Survey of Business Owners, June 2010 U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Average Gross Receipts - Firms with Employees
2002 2007 20120.0
0.5
1.0
1.5
2.0
2.5
0.91.1
1.3
1.6
2.12.3
MinorityNon-Minority
In T
hous
ands
of D
olla
rs
Comparison of Employment Share
13Source: U.S. Census Bureau, 2012 Survey of Business Owners, December 2015
Minority Firms Non-Minority Firms
11%
89%
Number of firms with paid employees
Number of firms without paid employees
22%
78%
4.2M
14.8M
0.9M
7.0M
ABOUT MBDA
14
The Minority Business Development Agency (MBDA) is an agency of the U.S. Department of Commerce working on behalf of the nation’s 8 million minority-owned firms in support of their growth and global competitiveness.
Business Development
Education, Research and Information
Policy, Advocacy and Outreach
Operational Excellence
Strategic Focus
Maximize job creation and global competitiveness for MBEs through increased access to capital, contracts and markets
Produce and promote information for and about MBEs
Create informed policy agendas to advocate for and to conduct outreach on behalf of MBEs
Advance agency services by being responsive and nimble, rapidly adapting to the changes in the MBE landscape
MBDA BUSINESS CENTERS
15
• Identification of procurement opportunities
• Solicitation analysis• Bid and proposal
preparation• Post-award contract
administration• Business certifications
and registration assistance
• Targeted teaming arrangements and joint ventures
Services: Access to Contracts
16
Services: Access to Markets• First-of-its-kind MBDA Federal Procurement Center
• Market research, feasibility studies, and promotion
• Sales consulting and forecasting
• Business-to-Business (B2B) matchmaking forums
• International market analysis and trade assistance
17
Services: Access to Capital• Identify and broker financing opportunities
• Capital identification based on industry specialization
• Financial management and planning
• Financing forums and networking events
• Identification and closure of mergers and acquisitions
18
Expanding Services:Specialty Expertise in the Network
—Advanced manufacturing initiatives
—Capital initiatives for traditional and alternative financing
—Exports and business linkages in emerging economies
—Technology transfer, labs to market and innovation
—Youth entrepreneurship
19
MBDA Efforts to Support 8(a)
New to 8(a)
• Introduce & Promote 8(a) Program
• Application Assistance & Referral
8(a) Certified
• Opportunity Referrals & Matchmaking
• Advocacy • B2B
Matchmaking
• Facilitation of JV and Teaming Arrangements
Graduating 8(a)
• Private Sector Referrals & Matchmaking
• Global Opportunity Referrals & Matchmaking
• Supply Chain Matching
• Mergers & Acquisitions
• Sustainability and continued growth strategies
20
USPTOInventor’s Assistance ProgramRoster of Patent Attorney’sPatent and Trademark DepositoryIP Basics ProgramsTrademark Assistance Center
CENSUSStatistics of US BusinessSurvey of Business OwnersEconomic CensusIndustry ClassificationDecennial CensusAmerican Community SurveyCurrent Population SurveySurvey of IncomeLocal Employment DynamicsBusiness Help Site
NISTMeasurement ServicesOffice of Technology
Partnerships/SBIRManufacturing Extension PartnershipTechnology Innovation ProgramBaldrige Performance Excellence
Program
NTISWorld News CollectionNational Technical Reports Library DEA Controlled Substances Act (CSA) Database Social Security Administration’s Death Master
FileNTIS Customer Contact Center
MBDAMBDA Business CentersAmerican Indian Alaska Native Centers Specialty CentersOpportunity Initiatives
EDATrade Adjustment Assistance CentersUniversity CentersRevolving Loan Funds
NTIAFederal Frequency ManagementCoordination of FrequencyBroadband Technology Opportunities
ESA/BEAEconomic IndicatorsSurvey of Current Business
BISExport Controls Counseling Centers
OSOffice of Small and Disadvantaged Business Utilization
NOAAMMC Web MappingFishery Contingency FundNavigational ServicesSmall Business Innovation ResearchDigital CoastFishing Vessel Capital Construction
FundFisheries Finance ProgramSeafood Inspection
ITAU.S. Export Assistance Centers Trade Information CenterAdvocacy Center Sustainable ManufacturingExport Trade CertificateExport Yellow PagesStrategic Partnership ProgramInvest in AmericaTrade Missions ProgramFeatured U.S. Exporters (FUSE)Global Teams ProgramTrade Agreements Compliance ProgramOffice of Intellectual Property EnforcementTrade Finance Guide -Financial Services International Buyer Program Florence Agreement ProgramU.S. Foreign-Trade Zones Haiti Earned Import Allowance Office of Textiles and Apparel Subsidies Enforcement Office Steel Import Monitoring and Analysis Trade Remedy Compliance Petition Counseling and Analysis Watch and Jewelry ProgramWool Fabric Tariff
21
Commerce Business Facing Programs
Note: Programs subject to change
Next Steps
• Support Transitioning 8(a) Graduates• Foster Increased Collaboration • MBDA Advocacy Program• Expand in Global Markets• Leverage Technology Programs for
Innovation• Foster Strategic Relationships
• Supply Chains• Teaming• Mergers & Acquisitions
22
Close
Diversity and Inclusion MattersThank You
For more information contact
Efrain Gonzalez, Jr., Associate Director, Office of Business Development,Minority Business Development Agency, U.S. Department of Commerce