The White House Business Council, Office of Public Engagement and Domestic Policy Council partnered up with the Rutgers Business School’s Center for Urban Entrepreneurship & Economic Development to school young people on the importance of creating a diverese presence in America’s workforce. The summit was headlined by noteable speakers such as Newark Mayor Cory Booker and the godfather of hip-hop Russell Simmons.
Experts on small business growth say urban entrepreneurs are crucial to the nation’s economic recovery.
Providing them the tools they need to succeed was the focus of the Urban Entrepreneur Summit at Rutgers University’s Newark campus on Monday, where government officials, business people and aspiring business owners discussed ways to continue diversifying America’s workforce.
Conference speakers from the Obama administration said the government was working to encourage a new generation of home-grown entrepreneurs, the kind that once made the United States a global powerhouse of industry and innovation.
“An entrepreneur can truly change the fortunes of their families,” said Marie Johns, deputy administrator of the U.S. Small Business Administration. “We need to find them, connect with them and put them on the path to making their dreams a reality.”
Johns and others said the government was working to reduce barriers for small businesses in many areas, including access to capital and information on available financial assistance, applying for federal contracts or expanding a business to overseas customers.
Newark Mayor Cory Booker, hip-hop mogul Russell Simmons and the co-founder of the travel website Priceline were among those offering advice and encouragement.
“We believe urban markets are a gold mine,” Booker said. “They are places where people can create an enormous amount of wealth. The future of our cities is entrepreneurialism.”
(source)
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Urban Entrepreneurship & Economic Development
Urban Entrepreneurship & Economic Development
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Urban Entrepreneurship & Economic Development
Urban Entrepreneurship & Economic Development
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Urban Entrepreneurship & Economic Development
Urban Entrepreneurship & Economic Development
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Urban Entrepreneurship & Economic Development
Urban Entrepreneurship & Economic Development
Urban Entrepreneurship & Economic Development
