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Beatty Bill to Equip More Americans for the Jobs of Tomorrow

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Investing in America: MBDA Forms New Strategic Partnership with The Latino Coalition

The U.S. Department of Commerce Minority Business Development Agency (MBDA) has partnered with The Latino Coalition (TLC) through a Memorandum of Understanding (MOU). The new agreement, “designed to help enhance the overall business, economic and social objectives of the Hispanic community,” was signed during TLC’s 2017 Economic Opportunity Summit in Los Angeles.

“Investing in America and putting America first is the foundation of this Administration, and by signing this agreement, MBDA is helping to expand equal access to resources and tools that foster a business climate where minority businesses can thrive,” said MBDA Acting National Director Chris Garcia. “We are operating in an ever-changing complex global economy and we’re proud to work with The Latino Coalition to support their efforts and to create programs, strategies and partnerships that truly support minority entrepreneurs and help them effectively compete in the marketplace.”

The Latino Coalition is a national non-partisan advocacy organization representing Hispanic businesses and consumers, in conjunction with the California Hispanic Chambers of Commerce (CHCC).

“The Latino Coalition is proud to partner with the Minority Business Development Agency,” says Hector Barreto, Chairman of The Latino Coalition and former U.S. SBA Administrator. "Seeking to promote the growth of minority-owned business through various programs and access to capital, contracts, and markets, this partnership will serve entrepreneurs with the necessary tools to expand their endeavors. Together, we share a commitment to further engage the Latino community in an increasingly competitive market, and we look forward to building on this relationship for the long-term benefit of our community.”

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Beatty Bill to Equip More Americans for the Jobs of Tomorrow

WASHINGTON, D.C. – U.S. Congresswoman Joyce Beatty (OH-03) recently introduced the 21st Century STEM for Girls and Underrepresented Minorities Act, H.R. 3119, a bill to empower school districts to better engage girls, young women and underrepresented minorities in the fields of science, technology, engineering and math (STEM).

Reflecting on her bill, Beatty said, “We need highly trained Americans—hardworking individuals from all walks of life—ready for the jobs of tomorrow. A highly-skilled, STEM-educated workforce is essential to ensuring U.S. competitiveness and leadership in a rapidly changing global economy.” Beatty continued, “Unfortunately, our country is facing a shortage of tens of thousands of workers skilled in these areas. This important piece of legislation would help broaden the STEM pipeline to include our fellow Americans who have been historically underrepresented, creating a larger, more diverse STEM talent pool that our nation so desperately needs.”

If enacted, the 21st Century STEM for Girls and Underrepresented Minorities Act would provide funding for local school districts to create the necessary infrastructure for enhanced STEM learning early in a student’s academic career. Federal funding would be used to improve professional development for teachers, strengthen outreach to parents, provide mentoring and tutoring programs, expand access to afterschool and summer programs that provide additional enrichment opportunities in STEM, and promote academic advice and assistance in high school course selection that encourages girls and underrepresented minorities to take advanced STEM classes and become STEM professionals.

Beatty’s bill comes on the heels of General Motors (GM) Chief Executive Officer Mary Barra’s announcement that the car-making giant will begin training teachers and working with students, specifically girls and minorities, in grade school for jobs in computer engineering. Through their new outreach efforts, GM hopes to encourage more students to pursue careers in coding and to lead the effort in building self-driving automobiles.

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Black Billionaire Shares Secret To Success With Young Black Men

 

Denver native Robert Smith visited his home town to deliver a commencement address at the University of Denver and gave an interview to KUSA-TV, the local NBC News affiliate.

Smith, who has a net worth of $2.5 billion according to Forbes, is the second richest African-American—behind Oprah Winfrey—and wants to be a role model to young Black men.

“It’s important that these young African-American men understand there are people like Robert Smith out there who can actually be learned in the sciences and engineering and in finance,” said Smith, a graduate of East High School in Denver when it was newly integrated.

He told the news outlet that tenacity is the main ingredient to his success. Smith said he learned to “pick a purpose and to be dogged in the pursuit of that purpose,” while still in high school.

As a high school junior in the 1970s, he developed an interest in computers and sought an internship at Bell Labs in Denver. Those internships, however, were created and reserved for college students.

But that didn’t stop Smith from relentlessly calling the company for six months until Bell Labs invited him for an interview.

“I ran my own race. I knew what I wanted, and my persistence paid off, and I came in and interviewed. They liked me, and I got the internship,” Smith said at an American University commencement address, according to Forbes. “In fact, I worked there for the next four years during summer and winter breaks.”

He went on to graduate from Cornell University and Columbia University before landing a Wall Street job with Goldman Sachs. Smith eventually decided to leave his high-paying position to launch Vista Equity Partners, a private equity and venture capital firm.

SOURCE: KUSA-TV, Forbes

 

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