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Upon completing the program, these twenty-six high achieving Black leaders will have obtained professional skills that help to position them to make a positive impact in their workplaces and communities.
All told, the agencies allocated nearly $700 million in providing new contracts to minority and women firms in 2011 out of a total of about $3.8 billion spent with all contractors. The FDIC by far invested the most at $416.5 million, representing 29.8% of the $1.4 billion total contracts awarded. The U.S. Department of the Treasury spent $50 million with minority-owned businesses, 20% of total contracts with more than half awarded to black-owned firms and $26 million with women-owned firms, in fiscal year 2011. The Office of the Comptroller of the Currency dispensed more than a combined $66 million to both groups, or 38.4% of OCC’s total spend.
A key executive at General Motors, Jocelyn K. Allen incorporates community work with solid strategy to rebuild brand presence.
Ten tips to help entrepreneurs best position their companies to gain business from major corporations.
