The Avenues for Business-Savvy Minorities

The United States is known as the Land of Opportunity for anyone seeking a new life. People from across the world come for work and a chance to relish “the American Dream.” Many of these immigrants are often from minority ethnic groups and are struggling to make a name for themselves – one way they do it is by running a business. The federal government recognizes their efforts and has a number of mechanisms to help in their endeavors.

The most prominent of them, the Minority Business Development Agency, has a raft of programs geared towards business opportunities for minority populations. It contains resources for minority operators on business mechanics and how they can better position themselves in the economy. The 8(a) Business Development Program is designed towards socially and economically-disadvantaged business owners who are working for better market visibility. Some of these have earned contracts to deal with the government.

Native American populations are not left out of being given a good shot to compete in the marketplace. The Small Business Administration's Office of Native American Affairs runs consultations and skills training activities with the tribal populations in Hawaii, Alaska, and the Indian reservations. This often has a cultural aspect factored in because of the tribes' efforts to showcase their origins.

The nation is indeed a melting pot. In line with the Founding Fathers' ethos that all men are “created equal,” the government will help people who are capable of developing themselves as productive members of society.