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The Heart of America Luncheon

The Heart of America Luncheon. Presented By. The Minority Business Roundtable. In A Strategic Alliance With. Access America/US Chamber Of Commerce. TAKING your MINORITY BUSINESS TO THE NEXT LEVEL. Capitalizing on the Growing Resources of the Nation’s Leading Minority CEOs.

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The Heart of America Luncheon

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  1. The Heart of America Luncheon Presented By The Minority Business Roundtable In A Strategic Alliance With Access America/US Chamber Of Commerce

  2. TAKING your MINORITY BUSINESS TO THE NEXT LEVEL

  3. Capitalizing on the Growing Resources of the Nation’s Leading Minority CEOs

  4. Working to Represent the Issues Affecting ALL Minority Businesses Supporting Positive Change and Creating New Minority Business Growth and Funding Opportunities

  5. Our Vision To serve as a unified voice of change for minority businesses in the United States Economically, Politically, Socially WALL STREET WITHOUT WALLS AND MBRT work together to bring financial services to minority businesses

  6. Our Vision To serve as a unified voice of change for minority businesses in the United States Economically, Politically, Socially MBRT SUPPORTS PRESIDENT’S JOBS AND GROWTH PLAN (More jobs and a stronger economy)

  7. Our Vision To serve as a unified voice of change for minority businesses in the United States Economically, Politically, Socially A new initiative to support servicemen and women with employment and expand minority business opportunities with the Department of Defense

  8. Our Goals • To advance opportunities for minority entrepreneurs in the public and private sectors • To work across racial, ethnic, and cultural lines to promote greater economic participation • To inform and influence national public policies on issues of critical importance to the minority business community

  9. Growth By States • By 2025, the Minority population will exceed the non-Minority population in 5 states. • California* • District of Columbia • Hawaii • New Mexico • Texas • “These five states will represent one-fourth of the total U.S. population…and 13 more states will be over one-third Minority.” [MBDA] • “Most of the population increase for Minority groups will occur in the West or South.” [MBDA] Source: U.S Dept. of Commerce

  10. Minority Population Growth • 90% of population growth in United States over the next 50 years will come from the minority population—118 million out of a total 131 million. [MBDA] • “The Minority population most likely will surpass the non-Minority population after 2050.” [MBDA] Source: U.S. Census Bureau 1996

  11. Minority Business Growth • Minority-owned firms grew by 17% from ’87 to ’97 – six times the growth rate of all US companies – yet they receive only 2% of all private equity investment. Source: SBA Office of Advocacy: “Minorities in Business”

  12. Impact on U.S. Economy • In 1997, 4.5 million employees worked in 3.04 million minority-owned businesses, which generated $591.3 billion in revenue annually. [MBDA] Source: SBA Office of Advocacy: “Minorities in Business”

  13. Projected Minority Purchasing Power • The nation’s black buying power rose from $304 billion in 1990 to $469 billion in 1996—up by 54.2% in six years • The nation’s Hispanic buying power has risen even more—from $211 billion in 1990 to $348 billion in 1997—up 65.5% in seven years combined Native American, Hispanic, Asian American and Black consumers have an annual spending power of more than $1 trillion. • By 2045, minority purchasing power may reach $4.3 trillion (1998 dollars). • Minority population may contribute 44%, or as much as 70%, of the total increase of purchasing power from 2000 to 2045. (Trillions of dollars) Source: Bureau of Economic Analysis News Release: Personal Income and Outlays: January 2000

  14. Minority Business Challenge • Although minority groups represent 26% of the nation’s population, they own only 11.6% of the businesses and 6% of the total business gross receipts. [Milken Institute & MBDA] Source: SBA Office of Advocacy: “Minorities in Business”

  15. The Big Picture • Minority population is where the growth is • Minority consumer buying power is also increasing • Minority businesses are growing six times as fast as non-Hispanic white businesses • However, minority businesses are not growing as fast as the minority population due in part to a lack of access to capital

  16. MBRT – Who We Are Minority Business RoundTable (MBRT), a registered 501(C) 3 non-profit corporation, is a national membership organization for of CEOs making up the largest minority businesses in the United States Members are: African-American-, Hispanic-American-, Asian-American-, and Native-American CEOs representing a variety of trades and industries Members hold positions equivalent to chief executive officer (CEO) or chairperson in their respective businesses.

  17. ACHIEVE TANGIBLE RESULTS THROUGH UNIQUE PARTNERSHIPS AND ALLIANCES THAT SUPPORT POSITIVE CHANGE

  18. MBRT – Power in Strategic Partnerships • SODEXHO • The Business Roundtable • The Business Women’s Network • MBDA/The Department of Commerce • WALL STREET WITHOUT WALLS • ACCESS AMERICA/Us chamber of commerce

  19. MBRT Action Plans • Educate stakeholders Government Minority Businesses Corporate America Consumers • Expand participation of minority businesses in the economy • Provide networking opportunities for minority business leaders • Influence national policies of importance to minority businesses • Document minority business successes

  20. MBRT Announces Strategic Partnership with The National Congress of American Indians And Our Most Recent Initiative “Survey of Native American Businesses” (in support of Job Creation, Homeland Security, Business Development and Economic Growth in Historically Under-Utililized Business Zones (HUB Zones)

  21. Contact Information Minority Business RoundTable (MBRT) 1300 Pennsylvania Avenue NW, Suite 270 Washington, DC 20004-3021 Roger A. Campos, President and CEO Tel: (202) 289-8881 Fax: (202) 371- 8686 rogercampos@mbrt.net Eve Boertlein, Program Coordinator Ph: (202) 371-8680 Ext. *824 Fax: (202) 371-8686 eve@mbrt.net WEBSITE: WWW.MBRT.NET

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