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2011 MED Week Conference Leverages


(MED) Week Conference seeking networking opportunities and avenues for business development and growth. For 29 years the Department of Commerce’s Minority Business Development Agency (MBDA) has annually hosted the MED Week Conference.


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Co-sponsored by MBDA and the U.S. Small Business Administration (SBA), along with other public and private sector sponsors, the 2011 conference took place at the Marriott Wardman Park Hotel in Washington D.C. between September 27 and September 30. The theme—Emerging Industries and Markets: A Blueprint for Success— highlighted the benefits that businesses gain from acquiring new technologies and accessing growing markets both here and abroad. “The MED Week Conference is MBDA’s signature event,” said MBDA National Director David Hinson. “Through this conference our agency is able to reach hundreds of minority- owned business each year helping them gain the competitive advantage in business so that they can create more jobs and stimulate the economy.” Workshop topics included: small business lending and contracting, global supply chain, growth strategies through mergers and acquisitions, and market opportunities in the energy sector and green economy. The conference also provided global networking opportunities with embassy officials from Latin America, Asia, Africa and the Middle East and business to business matching sessions. Formal partnerships were established between MBDA and the Republic of Turkey Ministry of Industry and Trade Small and Medium Enterprises Development Organization and between MBDA and Tremco Incorporated. These partnerships will give minority-owned businesses access to greater markets, which will increase their ability to grow and create jobs. Keynote speakers included: Dr. Rebecca Blank, Acting U.S. Commerce Secretary; Gene Sperling, White House National Economic Council Director; Kathleen Sebelius, U.S. Department of Health and Human Services Secretary; David A. Hinson, MBDA National Director; and Karen Mills, SBA Administrator. A popular session among attendees was the CEO Fireside Chat featuring 2011 MED Week National Award Winner Solomon Chen, president & CEO of Superior Communications; Mark Hoplamazian, president and CEO of Global Hyatt Corporation and Chairman of the National Advisory Council on Minority Business Enterprise; and Jose Mas, CEO of Mas Tech, Inc. “The 2011 MED Week conference provided a robust agenda with invaluable networking opportunities for minority entrepreneurs and business leaders. We’re already gearing up for next year’s conference, the 30th


anniversary of MED


Opportunities for Minority Business Growth Week, which will build on this year’s success and definitely be an event you won’t want to miss,” said Hinson. The conference ended with an Awards Gala which recognized businesses and leaders who have made outstanding contributions to and have demonstrated leadership in advancing minority business enterprise. Highest honors were bestowed on U.S. Senator Robert Menendez from New Jersey, who received the Ronald H. Brown Leadership Award, and James H. Lowry, senior advisor and global diversity director for the Boston Consulting Group, who received the Abe Venable Award for Lifetime Achievement. The other 2011 MED Week award winners were: Metcon Construction, Pembroke, NC, for Minority Construction Firm of the Year; Superior Communications, Inc., Baldwin Park, CA, for Minority Manufacturer of the Year; SilRay, Inc., Palo Alto, CA, for Minority Retail Energy Firm of the Year; InfoPeople Corporation, New York, NY, for Minority Global Technology Firm of the Year; Redapt, Inc., Redmond, WA, for Minority Global Supplier Distributor of the Year; Omar Duque (president & CEO) Illinois Hispanic Chamber of Commerce for Advocate of the Year; Atlanta Tribune: The Magazine, Pat Lottier (publisher) for the Media Award; Delphi Automotive, Ruben Estrada (director) for the Distinguished Supplier Diversity Award; and F. Leroy Pacheco (president & CEO), The Loan Fund for the Access to Capital Award.


ach year, hundreds of minority-owned firms converge at the National Minority Enterprise Development


For more information about the Minority Business Development Agency, visit www.mbda.gov. For more information about MED Week, visit www.medweek.gov.


About the Minority Business Development Agency (MBDA)


MBDA, www.mbda.gov, an agency within the U.S. Depart- ment of Commerce, promotes the growth and global competi- tiveness of the minority business community, making them better equipped to create jobs, impact local economies and compete successfully in domestic and global marketplaces. With a nationwide network of more than 45 business centers and strategic partners, MBDA assists minority entrepreneurs and business owners with consulting services, contract and financing opportunities, bonding and certification services, building business-to-business alliances and executive training.


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