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Senior Bush Administration Official Award Grants Totaling $1.5 Million To Grow Jobs
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Posted On: Thursday January 29th, 2004 at 12:00am EST
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HONOLULU--Ronald N. Langston, National Director of the U.S. Department of Commerce's Minority Business Development Agency (MBDA) and Lt. Gov. James “Duke” Aiona
today presented a $1.25 million grant to the Waipahu Community Association to build a business incubator and job training center in Waipahu, Hawaii. This investment is expected to create 240 jobs within the first two years of completion.
“The Department of Commerce is responsible for creating conditions that will allow business owners to maximize their competitiveness and spur economic growth,” said Langston. “We recognize the large number of dynamic entrepreneurs in Hawaii, and I am pleased that this grant will help many of them realize their goals of running a business.”
MBDA has a Minority Business Development Center in Honolulu that was recently awarded a renewal grant totaling $245,000 for 2004. The Center assists with the start-up, expansion, and development of minority-owned firms.
The check presentation is part of MBDA's aggressive outreach tour to minority business communities across the country to explore and expand opportunities for minority-owned firms.
MBDA is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America. MBDA provides business counseling and program services to assist minority-owned companies to grow and expand. MBDA is expanding and strengthening strategic alliances with U.S. Department of Commerce agencies, other federal government agencies and the private sector. |
SOURCES
Areaka McFadden
202-482-1526
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