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Blog Category: Alejandra Castillo

MBDA National Director Alejandra Castillo Challenges Young Latina Entrepreneurs to Think Big

MBDA National Director Alejandra Castillo speaks at the Latinas Think Big Conference

Last week, Alejandra Castillo, the first Hispanic American woman appointed as the National Director of the Minority Business Development Agency, participated in a panel discussion at the Latinas Think Big Innovation Summit at Google’s Mountain View Campus. The Summit brought together thought leaders, entrepreneurs, innovators and influencers to exchange ideas, address important issues, and connect attendees to high-caliber networks.

Created by Dr. Angelica Perez-Litwin, PhD, Latinas Think Big™ is a progressive platform and national tour created to bring together innovative ideas and groundbreaking projects of Latinas around the country. “I created Latinas Think Big™ to showcase the innovative ideas, talents and groundbreaking projects of Latinas around the country. I wanted to bring talented Latinas and thought leaders to the stages of well-regarded institutions like Columbia University and powerful companies like Google, for the world to 'see' how Latinas are contributing to the country's social and economic well-being,” said Dr. Perez-Litwin.  

According to the U.S. Census Bureau’s 2007 Survey of Business Owners, between 2002 and 2007 Hispanic-owned businesses increased by 43.7 percent to 2.3 million, more than twice the national rate of 18 percent between the same period of time. Hispanic women-owned businesses are the fastest growing business demographic, increasing 43 percent between 2002 and 2007.

Latinas Think Big creates a space in which young women have access to speak to professional women across all sectors. At the event, Castillo talked to the audience of young Latinas about the importance of entrepreneurship and innovation. “As entrepreneurs, you need to understand that 95% of the world’s consumers live outside of the U.S. borders. The fact that you speak Spanish, the fact that you are Latinos, and the fact that you understand the business culture of Colombia, Dominican Republic, and El Salvador, positions you in a very unique place to be able to tap into those markets. When thinking about entrepreneurial ideas, think about how to go global,” stated Castillo.

MBDA National Director Concludes Trip Connecting California Minority-Owned Businesses with Commerce Department Resources

MBDA National Director Alejandra Castillo addressing the California Hispanic Chamber of Commerce

Yesterday, MBDA National Director Alejandra Castillo concluded her week-long tour of California where she spoke to local businesses and community leaders about the Obama Administration’s work to spur continued economic growth and job creation through support of exporters, entrepreneurs, and small, women- and minority-owned businesses. 

Earlier this week, Castillo joined U.S. Secretary of Commerce Penny Pritzker in Oakland where the Secretary delivered remarks highlighting a number of Commerce Department resources available to help foster economic growth among minority-owned businesses. The Secretary also discussed the Commerce Department’s “Open for Business Agenda,” a bold policy agenda focused on boosting trade and investment, supporting innovation and entrepreneurship, and unleashing more government data. 

Following the Secretary’s remarks in Oakland, Castillo led a panel discussion on economic development that helped to connect local business leaders and economic development organizations with the expertise of the Department and its resources. The forum featured Overseas Private Investment Corporation’s (OPIC) Director of Corporate Development, Alison Germak; Port of Oakland’s Director of Aviation, Deborah Ale Flint; Alameda County Supervisor Keith Carson and Oakland Mayor Jean Quan. 

U.S. Commerce Secretary Penny Pritzker Shares Economic Development Opportunities in California

Representative Barbara Lee, Secretary Penny Pritzker, Clifton Burch, President at Empire Engineering & Construction, Inc. and MBDA National Director Alejandra Castillo

Last year, U.S. Secretary of Commerce Penny Pritzker unveiled the Commerce Department’s “Open for Business Agenda,” a bold policy agenda focused on boosting trade and investment, supporting innovation and entrepreneurship, and unleashing more government data. Yesterday, she took the Agenda on the road to California. Along with Minority Business Development Agency (MBDA) National Director Alejandra Castillo, Secretary Pritzker spoke to local businesses and community leaders about the Obama Administration’s work to spur continued economic growth and job creation through support of exporters, entrepreneurs, and small, women- and minority-owned businesses.

Secretary Pritzker joined Congresswoman Barbara Lee (D-CA), a strong advocate for minority economic development and trade policy, at a regional economic development forum at the Oakland Airport, hosted by Lee. The Secretary delivered remarks highlighting a number of Commerce Department resources available to help foster economic growth. Noting that exporting is an essential tool for economic development, she discussed the Commerce Department’s NEI/NEXT initiative, a data-based, customer-driven effort to help U.S. companies increase their exports to international markets. Secretary Pritzker also talked about the work of the NIST Manufacturing Extension Partnership to help manufacturers boost productivity and growth, as well as investments by the Economic Development Administration (EDA) to help attract new industries and create jobs. Through these and other tools, the Commerce Department is helping businesses in California and across the country to grow and hire. 

Following the Secretary’s remarks, MBDA National Director Castillo led a panel discussion on economic development that helped to connect local business leaders and economic development organizations with the expertise of the Department and its resources. The forum featured OPIC’s Director of Corporate Development, Alison Germak; Port of Oakland’s Director of Aviation, Deborah Ale Flint; Alameda County Supervisor Keith Carson and Oakland Mayor Jean Quan. 

Before the event, Secretary Pritzker also participated in a roundtable discussion with East Bay business leaders, hosted by Rep. Lee. They discussed regional economic development, supplier diversity and the importance of gender and ethnic diversity in corporate leadership. Earlier in the day, Secretary Pritzker and San Francisco Mayor Ed Lee met with leaders of local technology companies, including Twitter, Yelp, Kiva, and others, ​to discuss the Department of Commerce’s expanding role as “America’s Data Agency." Secretary Pritzker specifically asked how the government can most effectively make additional data available, and what public-private partnerships are currently serving as strong models that can be replicated when it comes to data dissemination.​