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Blog Entries from November 3, 2010

Secretary Locke Announces Members of New National Advisory Council on Minority Business Enterprises

Today, Commerce Secretary Gary Locke announced the appointment of 25 members to the new National Advisory Council for Minority Business Enterprises.  The advisory council will be led by the Commerce Department’s Minority Business Development Agency (MBDA) and provide advice and recommendations to the department and the administration on a broad range of policy issues affecting the minority business community. 

The new council is the first to focus on promoting minority businesses since around 1969, when President Nixon established MBDA – formerly the Office of Minority Business Enterprise – and an advisory council to oversee and advise the new office.

The minority business community is an engine of economic growth and job creation. Today, there are approximately 5.8 million minority-owned firms generating $1 trillion annually and employing nearly 6 million workers. Yet, there continues to be challenges within the minority business community.  Of those 5.8 million firms, only 800,000 have more than one employee and the gap in average annual revenue between minority-owned and non-minority-owned firms is significant.

The Obama Administration is committed to narrowing that gap and finding ways to support and promote minority businesses. 

“The nation’s 5.8 million minority-owned firms have significant untapped potential that can benefit the United States,” said David A. Hinson, MBDA’s national director. “The advisory council has an opportunity to shape future policies and programs that will set the foundation for the growth of $100 million companies across all industries that are owned and operated by U.S. minorities.”

The first meeting of the new National Advisory Council for Minority Business Enterprises is planned for early 2011.

 

Commerce Department's USPTO to Kick Off Independent Inventors Conference

Logo for USPTO Independent Inventors ConferenceThe United States Patent and Trademark Office (USPTO) will kick off its annual Independent Inventors Conference tomorrow at its headquarters in Alexandria, Va.  Co-sponsored by the USPTO and the National Inventors Hall of Fame®, the conference is one of many outreach programs offered by the USPTO to assist independent inventors. Art Fry, co-inventor of Post-It® Notes and a 2010 National Inventors Hall of Fame Inductee, and USPTO Director David Kappos will be keynote speakers.

The conference will feature numerous experts and employees from the USPTO who will discuss topics such as the fundamentals of searching and filing trademark applications and the interplay between patents, trademarks and copyrights. Conference attendees will receive practical tips along with information on marketing and licensing, patent application preparation, patent and trademark searching, local resources, and lessons learned from successes and failures. Attendees will also have the opportunity to network one-on-one with experts and provide feedback on how the USPTO can better serve them.

Thousands of independent inventors and small businesses do critical research and development every day and produce innovative goods and services that benefit the public. These innovations continue to play a central role in the future of the American economy and job creation. 

The conference will run from 8 a.m. to 7 p.m. Thursday and Friday with a pre-conference workshop for beginning inventors today. Learn more about the Annual Independent Inventors Conference on the PTO website, including how to register.