However, diversity in the workplace really is so much more than this, we must also consider aging workers, handicapped workers, those with alternative lifestyles, and even physical traits to name others (For the sake of simplification, throughout this paper these will usually be included in the term, minorities).
MIDTERM EXAMINATION Spring 2010 MGT602- Entrepreneurship (Session - 3) Time: 60 min Marks: 47 Asslam O Alikum MGT602 Entrepreneurship Mid Term Paper 2010 100% correct.
Hispanics, the nation's fastest-growing minority group, are embracing entrepreneurship at an impressive rate. According to the U.S. Census Bureau's 2007 Survey of Business Owners, the number of Hispanic-owned small businesses in the United States rose from 1.6 million to 2.3 million between 2002 and 2007, an increase of 43.7 percent. The rate of increase was more than double the 18 percent increase in the total number of small businesses nationwide, and it outpaced the growth rate of the Hispanic population during roughly the same time period. From 2000 to 2009, the nation's Hispanic population grew from 35.6 million to 48.4 million, an increase of 36 percent.
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is a companion paper to a recent equivalent paper that related to the UK. Data on random samples of approximately twenty million US workers are examined taken from the Basic Monthly files of the CPS (BMCPS), the 2000 Census and the 2006 American Community Survey (ACS). In contrast to the official definition of self-employment which simply counts the numbers of unincorporated self-employed, we also include the incorporated self-employed who are paid wages and salaries. The paper presents evidence on trends in self-employment for the US by race, ethnicity and gender. Evidence is also presented for construction which has self-employment rates roughly double the national rates and where there are strikingly high racial and gender disparities in self-employment rates. The construction sector is also important given the existence of public sector affirmative action programs at the federal, state and local levels directed at firms owned by women and minorities. I document the fact that disparities between the self-employment rates of white men and white women and minorities in construction narrowed in the 1980s, widened during the 1990s after the US Supreme Court's decision in Croson but then narrowed again since 2000 after a number of legal cases, which found such programs constitutional. Despite this substantial disparities remain, particularly in earnings. I also find evidence of discrimination in the small business credit market. Firms owned by minorities in general and blacks in particular are much more likely to have their loans denied and pay higher interest than is the case for white males. This is only partially explained by their lack of creditworthiness and is consistent with a finding of discrimination in the credit market by banks.
The growth in Hispanic-owned businesses is encouraging news, since small businesses can be engines of economic development. Small businesses employ about one-half of all Americans and account for about 60 percent of gross job creation. Ethnic and minority-owned small businesses may provide additional benefits by developing leaders capable of bringing about positive changes in their communities.
New York State's Division of Minority - and Women-owned Business Development (MWBD) helps the state's minority and women's business community to access all the services offered by Empire State Development (ESD). ESD can provide:
The minority and women-owned business program at Empire State Development (ESD) is designed to assist the growth and development of businesses owned and controlled by women and minority groups. An important activity of the program is to increase the participation of those businesses in the procurement activities of NYS. An ongoing, independent business owned, operated or controlled by minority-group members and/or women is eligible for certification. The ownership must be real, substantial, and continuing.
Business owners and managers, experts say, will still need to maintain or step up efforts to recruit and advance ethnic minorities in the year 2000 and beyond....
The US Small Business Administration has a to assist small businesses. SBA’s goal with the 8(a) and minority business certification programs is to teach 8(a) and other small companies how to compete in the Federal contracting arena and how to take advantage of greater subcontracting opportunities available from large firms as the result of public-private partnerships.
Before beginning the in-depth process of surfing the Internet for your scholarship, start with the business school in which you are enrolled. Most of these schools offer grants and scholarships to several of their students. There will normally be a person on staff who is in charge of that in particular. Academic scholarships are awarded for academic excellence, excelling in sports, being part of a minority group, and many other reasons.
Small businesses with 8(a) or Minority Women Business certification can take advantage of opportunities that level the playing field within the private and public sector. With certification, minority and women-owned firms capable of producing quality products and services at competitive prices have a more competitive position. Neither 8(a) nor MWBE certification is a guarantee for business, but if used as a marketing tool, can generate more opportunities to bid for business.
For metro New Orleans, where 47 percent (and rising) of residents are minorities, minority-owned business enterprises (MBEs) will play a significant role in driving job and wealth generation for the foreseeable future. Post-Katrina, New Orleans has enjoyed a boom in entrepreneurship, with startup rates eclipsing the national rate by 64 percent. However, the jury is out on whether the minority population of metro New Orleans has benefited equally from the recent startup renaissance. In this paper, we provide empirical data on how MBEs perceive the post-Katrina entrepreneurial ecosystem, including impressions on inclusiveness, supports, and access. We close with recommendations on policies and procedures that improve the ecosystem's ability to support MBE development.
The New York SBDC provides services to strengthen the small business community and promote economic growth throughout the state. The SBDC provides services to all small business populations, including special emphasis groups such as women, minorities, Native Americans, 8(a) firms in all stages, veterans and service-connected disabled veterans, reservists called to active duty, people with disabilities, individuals currently and formerly receiving public assistance, individuals in low -and moderate- income urban and rural areas, and individuals located in Empowerment Zones and HUB Zones.