International - Black Business Association

Transcription


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Publisher’s Message
Earl “Skip” Cooper, II
A
s the world looks ahead with
anticipation toward the 30th
Summer Olympic Games in
London this month, we cannot help but
be aware that the world-class athletes
who will come together will compete
with others who are the best on the
planet. That said, we should be mindful
that particularly in the truly global
economy of today, that same staging
is how business is conducted today: on
a worldwide basis. We will look at the
sportsmen and women with admiration
and respect for their deep senses of
dedication as they have honed their
skills, much as each of us should strive
to be the best we can be in our business
environments.
The Black Business Association
(BBA) is pleased to present its 9th
Annual Procurement Exchange
Summit, in recognition of National
MED Week. Scheduled for Thursday,
October 11, 2012 at the Omni Hotel in
downtown Los Angeles, the Summit will
feature workshops on various topics of
interest to serious entrepreneurs, oneon-one matchmaking appointments
with procurement personnel, and
a dynamic awards luncheon. This
year’s sponsors include Wells Fargo,
Southern California Edison, Chevron,
US Bank, Verizon and Comerica
Bank. As co-chairs of the event,
the BBA is proud to have California
State Senator Curren D. Price, Jr.,
California State Assemblyman Steven
Bradford, California Public Utilities
Commissioner Timothy A. Simon and
Los Angeles City Council President
Herb J. Wesson, Jr.
The reality of Olympic competition
is that everyone cannot come away
from the games winning gold; however,
everyone can push and strive to do their
utmost. The same is true in business: as
an entrepreneur, you might not win that
golden contract or opportunity this time,
but you will still come away a winner
for having made the attempt. Along
those lines, take a look at the article
here in this issue on how President
Barack Obama is encouraging
innovation and entrepreneurship (page
10). We appreciate and follow his
lead, because that attitude is key to
succeeding in business today. Another
article on the innovative method of
gaining access to capital, known as
Crowdfunding (page 46), may also
be just what you need tune into right
now to spur your enterprise’s progress.
A third motivating piece in this issue
applauds the success of Beyonce
and Tina Knowles (page 42) in the
fashion industry, and acknowledges
the accomplishments of actress Ja’net
DuBois (page 36), funny men Arsenio
Hall and Steve Harvey, and entertainer
LaToya Jackson as well (page 35).
The California Black Chamber of
Commerce (CBCC) will hold its 17th
Annual Ron Brown Business and
Economic Summit, August 9-11, 2012
at the Double Tree by Hilton Hotel in
San Diego, California. This year’s
theme, “Your High Speed Ticket to
Success”, will be the foundation for
networking and information sharing at
the highest level, as the CBCC again
brings together the Golden State’s
boldest and brightest African American
business minds. The conference will
also offer some great entertainment
highlights as well, so be sure to plan
on attending a genuinely worthwhile
event.
Last but not least, be sure to check
out the Black Business Association’s
“Upcoming Events” (page 6) listing
included here in this issue of the Black
Business News. So much is going on
that you won’t want to miss out on,
and from which you can find benefit
to your business development efforts.
Be sure to take note of the special
Commemorative Edition (page 34)
of the Black Business News, to be
published October 2012, wherein
we will pay tribute to the first term of
President Barack Obama. We invite
you to submit your advertisements
for inclusion in an issue that will
reach literally thousands of readers in
business and government, across the
nation and around the world.
Thank you for your readership of
the Black Business News (www.
blackbusinessnews.net), and we look
forward to your continued support. 
3  August 2012  Black Business News  www.blackbbusinessnews.net
About the Black Business News…
The mission of The Black Business News is to inspire and inform public and private sector industry representatives on the importance of smart small business
growth. As a versatile source of socioeconomic development activity, the Black
Business News imparts current local, national and international industry trends
related to small businesses across the United States of America (USA), detailing greater access to financial capital, management efficiencies, business education, mentors and networks. The goals of the Black Business News include:
•
•
increasing the use of business enterprises owned by USA-based blacks,
by advocating for greater access to leading finance lenders and successful
business managers.
working to merge resources, values, profits, technology throughout the
public and private sectors.
•
balancing major public and private sector contracting methods with positive
outcomes of black-owned and operated enterprises.
•
providing an affirmative influence for emerg-ing entrepreneurs sharing innovative design
n
and creative cultural content that exposes
them to the history of black enterprises and
excite them to participate in the USA’s future.
•
advocating and promoting on behalf of
black-owned businesses by promoting the
need for expanding an economic foundation
that supports an unfettered and self-sustained urban society with USA job creation
and economic opportunity, where blacks
work, live and operate viable business
enterprises.
www.blackbusinessnews.net
Black Business News
P.O. Box 43159, Los Angeles, CA 90043
323-291-9334 Fax: 323-298-5064
PUBLISHER/EDITOR-IN-CHIEF
Earl “Skip” Cooper, II
ASSOCIATE EDITOR
La Sandra Stratton
ENTREPRENEUR EDITOR
Kim Anthony
ENTERTAINMENT EDITOR
Belinda Foster
PRODUCTION MANAGER
Narishima Osei
CONTRIBUTING WRITERS
LaSandra Stratton • Dean Jones • Linda Ware
GRAPHIC DESIGN
Sarah Harris • Phallu Morgan
STORY EDITORS
Wanda Flagg ▪ Jennifer Marie Hamilton
PHOTOGRAPHY
Ian Foxx ▪ Sabir • Narishima Osei
CONTENT ADMINISTRATOR
La Sandra Stratton
LAYOUT/TYPESETTING
Lion Communications
Copyright © 2012 by Black Business News
All Rights Reserved.
The posting of stories, commentaries, reports, documents
and links (embedded or otherwise) on this site does not in
any way, shape or form, implied or otherwise, necessarily
express or suggest endorsement or support of any of such
posted material or parts therein.
AWARDS
U.S. Small Business
Administration (SBA)
2007
Journalist
of the Year Award
LA/Minority Business
Opportunity Center
(LA/MBOC)
2010
Media Firm
of the Year
FEATURES…
August 2012
3
Publisher’s Message
GOVERNMENT…
10
13
17
18
1
26
2
Education Outcomes for African Americans
Travel and Tourism Creating Jobs
SBA Helping Veterans Become Entrepreneurs
White House Encouraging Innovation
Editorial: AB 32 Right and Wrong
Entertainment…
E
35
3
New Shows Featuring African Americans Coming to
TV this Fall
36
3
Ja’Net DuBois, Movin’ On Up
BUSINESS…
4
42
4
46
54
5
87
Knowles Duo Head House of Dereon
Crowdfunding: All You Need to Know to Suceed
USA Goes to Mars
PUBLIC INTEREST/COMMUNITY…
75
77
79
82
HIV Treatment Breakthrough
Let’s Move, Hold Your Own Fun Day Meetup
Operation Hope Launches America 2020
Predictive Analytics Use Increasing Nationwide
INTERNATIONAL…
COLUMNS
67 - Take A Look!
104 - Books to Consider...
109 - Calendar
ACTION ALERTS
2 - AEG Supplier Portal
SPONSORS
06 - Black Business Association
87 Ghana’s President Mills Dies Unexpectedly
95 Nigerian Offers Low-cost Tablet Computer
100 FOCAC V Report
Cover image - Phallu Morgan
42
profits, technology and people;
•
Promoting development and support of minority business enterprises within the domestic and international
economies by encouraging and generating greater
access to market opportunities and capital;
•
Providing training for entrepreneurial professional
development;
•
Supporting and contributing to the economic base and
progress of the African-American community; and
•
Developing coalitions that support our political endeavors to effectively achieve public recognition and
political influence for African-American business owners.
Over 40 years of service
Founded 1970
About the BBA…
Since 1970, the Black Business Association (BBA), a 501(c)
(3) non-profit organization, headquartered in Los Angeles,
has been instrumental in the incubation and development
of more than 15,000 African-American businesses. Nationally, we have access and influence with more than 85,000
African-American-owned and women/minority-owned firms
via strategic alliances with more than 100 women/minority
trade associations in more than 42 states nationwide.
___ Our Mission ___
The Black Business Association’s mission is to advocate
and promote the development of African-American owned
businesses with the goal of creating a firm economic base
that support the self-determination and survival of the African-American and urban community by:
•
Identifying and creating financial opportunities for the
growth and stability of African-American owned businesses;
•
Being a community voice that advocates for the success of small businesses;
•
Being a conduit for the merging of resources, values,
___ Advocacy ___
The Black Business Association maintains very effective
working relationships with elected and appointed officials for
the support of African-American business development. Locally, statewide and in Washington, DC, we are constantly
aware of pending legislation that might affect our member’s
businesses, their growth and even their ability to conduct
business. When legislation is being considered that affects
our mission, the BBA quickly mobilizes to work with key policy makers to support, defeat or modify the bill and pursue
the BBA position.
As an organization, we are constantly at the helm, securing
innovative means and policies that protect our constituency
and their business interests. 
Upcoming
2012 Events
October 11, 2012
Procurement
Exchange Summit
& Luncheon
Black Business Association
P.O. Box 43159, Los Angeles, CA 90043 USA
Tel: 323-291-9334 Fax: 323-857-4610
• Call 323-291-9334 for information on
sponsorship and participation •
[email protected] www.bbala.org www.facebook.com
Choose to care.
Choose to celebrate.
Choose to dream.
At Comerica Bank, we choose to care about the dreams and visions
of Dr. Martin Luther King, Jr. We choose to celebrate equality and
diversity among all people, and we’re dedicated to ringing the bells
of freedom. Choose to celebrate the dream with us.
Crenshaw
3825 Crenshaw Boulevard
Los Angeles
El Segundo
2321 Rosecrans Avenue
El Segundo
Wilshire-Crescent Heights
6301 Wilshire Boulevard
Los Angeles
800-888-3595
Member FDIC. Equal Opportunity Lender.
www.comerica.com
Government
President Barack Obama signs the White House Initiative on Educational Excellence for African Americans Executive
Order in the Oval Office, July 26, 2012. Standing behind the President, from left, are: Patricia Coulter, CEO National Urban
League of Philadelphia; Rep. Danny Davis, D- Ill.; Reverend Al Sharpton; Dr. Freeman Hrabowski, President of University
of Maryland, Baltimore County; Secretary of Education Arne Duncan; Benjamin Jealous, President of the NAACP; Ingrid
Saunders- Jones, Chair of the National Council of Negro Women; Rep. Chaka Fattah, D-Pa.; Kaya Henderson, Chancellor
of DC Public Schools; and Michael Lomax, President of the United Negro College Fund. (Official White House Photo by
Pete Souza)
President Obama Creates Initiative to
Improve Educational Outcomes
for African Americans
D
uring his remarks at the National
Urban League conference in
New Orleans, President Obama
announced an Executive Order to
improve outcomes and advance
educational opportunities for African
Americans. On Thursday, he signed
that Executive Order surrounded by
some of the key leaders who have
been at forefront of promoting those
priorities.
The President has made it a top
priority to provide a complete and
competitive education for all Americans
– from cradle to career. The White
House Initiative on Educational
Excellence for African Americans,
created by this Executive Order, will
work across Federal agencies and with
partners and communities nationwide
to produce a more effective continuum
of education programs for African
American students. The initiative aims
to ensure that all African American
students receive an education that
fully prepares them for high school
graduation, college completion, and
productive careers.
In the nearly 60 years since the
Brown v. Board of Education decision
put America on a path toward equal
educational opportunity, America’s
educational system has undergone
a remarkable transformation. Many
African American
children
who
attended substandard, segregated
schools in the 1950s have grown up to
see their children attend integrated and
effective elementary and secondary
schools, colleges, and universities.
Nonetheless, substantial obstacles
see Educational Outcomes on page 11
Educational Outcomes
from page 10
to equal educational opportunity still
remain in America’s school systems.
Disproportionately, students of color,
including African Americans, lag
in equal access to highly effective
teachers and principals, safe schools,
and challenging college-preparatory
classes. And they experience school
discipline and referrals to special
education at higher rates than their
peers.
Improving the educational outcomes
of African Americans will provide
substantial benefits for our country, like
increasing college completion rates,
employment rates, and the number
of African American teachers. So,
through this Executive Order, President
Obama is taking an important step to
promote a more promising future for all
Americans.
Advancing Educational
Achievement of African
American Students
serve large numbers of African
American
students,
including
community
colleges,
HBCUs,
Predominantly Black Institutions
(PBIs), and other institutions; and
• Improving the quality of, and
expanding
access
to,
adult
education, literacy, and career and
technical education.
The Presidential Advisory
Commission and Federal
Interagency Working Group
The Executive Order also creates the
President’s Advisory Commission
on Educational Excellence for
African Americans, to aid and
advise the work of the Initiative. The
Commission will advise President
Obama and Education Secretary Arne
Duncan on matters pertaining to the
educational attainment of the African
American community, including the
development, implementation, and
coordination of resources aimed at
improving educational opportunities
and outcomes for African Americans
of all ages. The Commission will also
engage the philanthropic, business,
nonprofit, and education communities
in a national dialogue on African
American student achievement, and
work with the Initiative to establish
partnerships with stakeholders from
these sectors to achieve the objectives
of this Executive Order.
The Executive Order also establishes
a Federal Interagency Working
Group on Educational Excellence
for African Americans. The Working
Group will be chaired by the Initiative’s
Executive Director, and will convene
senior officials from the Executive
Office of the President and several
Cabinet and sub-Cabinet agencies
to coordinate the Federal investment
in education programs and initiatives
aimed at enhancing outcomes for
African Americans in early childhood
education; elementary, secondary,
and postsecondary education; career
and technical education; and adult
education. 
www.whitehouse.gov/the-pressoffice/2012/07/26/president-obamasigns-new-initiative-improve-educationaloutcomes-africa
Government
The President has set the goal for
America to have the highest proportion
of college graduates in the world by
2020. To reach this ambitious goal,
and to ensure equality of access
and opportunity in education for all
Americans, the Obama Administration
is dedicating new resources, through
rigorous and well-rounded academic
and support services, to enable African
American students to improve their
educational achievement and prepare
for college and career.
The White House Initiative on
Educational Excellence for African
Americans, housed within the U.S.
Department of Education, will
work with the Executive Office of
the President and Cabinet agencies
to identify evidence-based best
practices to improve African American
student achievement in school and
college, and to develop a national
network of individuals, organizations,
and communities that will share and
implement these practices. It will also
help ensure that Federal programs
and initiatives administered by the
Department of Education and other
Federal agencies maintain a focus on
serving and meeting the educational
needs of African Americans. The
Initiative will complement the existing
White House Initiative that strengthens
the nation’s Historically Black
Colleges and Universities (HBCUs)
by working with Federal agencies
and partners nationwide to provide
all African American students with a
more effective continuum of education
programs.
To deliver a complete and competitive
education for all African Americans, the
Initiative will promote, encourage, and
undertake efforts designed to meet
several objectives, including:
• Increasing the percentage of
African American children who enter
kindergarten ready for success by
improving access to high-quality
early learning and development
programs;
• Ensuring that all African American
students have access to highlevel, rigorous course work and
support services that will prepare
them for college, a career, and civic
participation;
• Providing African American students
with equitable access to effective
teachers and principals in pursuit
of a high-quality education, and
supporting efforts to improve
the
recruitment,
preparation,
development, and retention of
successful
African
American
teachers and principals;
• Promoting a positive school climate
that does not rely on methods
that result in disparate use of
disciplinary tools, and decreasing the
disproportionate number of referrals
to special education by addressing
root causes of the referrals;
• Reducing the dropout rate of African
American students and increasing
the proportion of African American
students who graduate from high
school prepared for college and
career;
• Increasing college access, college
persistence, and college attainment
for African American students;
• Strengthening the capacity of
institutions of higher education that
Government
P
resident Barack Obama and Vice President
Joe Biden pose with the full Cabinet for an
official group photo in the Grand Foyer of
the White House, July 26, 2012.
Seated, from left, are: Transportation Secretary
Ray LaHood, Acting Commerce Secretary
Rebecca Blank, U.S. Permanent Representative
to the United Nations Susan Rice, and Agriculture
Secretary Tom Vilsack.
Standing in the second row, from left, are:
Education Secretary Arne Duncan, Attorney
General Eric H. Holder, Jr., Labor Secretary Hilda
L. Solis, Treasury Secretary Timothy F. Geithner,
Chief of Staff Jack Lew, Secretary of State Hillary
Rodham Clinton, Defense Secretary Leon Panetta,
Veterans Affairs Secretary Eric K. Shinseki,
Homeland Security Secretary Janet Napolitano,
and U.S. Trade Representative Ron Kirk.
Standing in the third row, from left, are: Housing
and Urban Development Secretary Shaun
Donovan, Energy Secretary Steven Chu, Health
and Human Services Secretary Kathleen Sebelius,
Interior Secretary Ken Salazar, Environmental
Protection Agency Administrator Lisa P. Jackson,
Office of Management and Budget Acting
Director Jeffrey D. Zients, Council of Economic
Advisers Chair Alan Krueger, and Small Business
Administrator Karen G. Mills.
Official White House Photo by Chuck Kennedy
Travel and
Tourism
Industry
Vital to Job
Creation
National Travel
& Tourism Strategy
Task Force on Travel & Competitiveness
R
2012
by
strengthening
public-private
partnerships with the industry, which is
the core of the new National Travel and
Tourism Strategy (www.whitehouse.
gov/blog/2012/05/10/nationaltravel-and-tourism-strategy-setsgoal-draw-100-million-internationalvisito). Already, we’ve reinvigorated
the Tourism Policy Council – a
Commerce-led team involving a dozen
agencies that touch on travel and
tourism. Also, the Trade and Tourism
Advisory Board – involving many
of the people at this Forum – has
never been more active. In fact, they
contributed many great ideas as we
wrote the Strategy.
For our part at the Department
of Commerce, we’ve taken several
concrete actions:
• We have released data on
international tourists via our travel
dashboard that helps businesses
and travelers with key decisions.
• We are also moving forward to
establish the National Travel and
Tourism Office at Commerce next
year. This office will be coordinate
travel and tourism issues across the
federal government.
• In addition, we’re working with
industry leaders abroad who drive
international travelers to the U.S.
For example, this year we formed
a VisitUSA Committee in India to
build on the fact that Indian spending
in the U.S. jumped 15% from 2010
to 2011.
The Obama Administration’s number
one priority remains strengthening our
economy and creating jobs, and we
will continue doing everything possible
to make the U.S. welcoming to visitors
to support even more American jobs.
Increasing travel and tourism to the
U.S. is an important way for us to
expand our commercial ties and ensure
balanced trade growth in services as
well as goods. 
www.whitehouse.gov/blog/2012/08/03/
travel-and-tourism-industry-vital-jobcreation
Government
ebecca Blank, Acting Secretary
of Commerce, joined Secretary
of the Interior Ken Salazar
for a dialogue with leaders within the
travel and tourism industry at the White
House Business Council American
Economic Competitiveness Forum.
We held a very useful discussion about
how the Administration can continue
to help support travel and tourism and
the millions of jobs associated with the
industry.
Travel and tourism has been a
particularly bright spot in our economic
growth over the past two years.
Secretary Blank recently announced
that 2012 will likely be another record
year for international travel to the
U.S. In fact, in May
2012 international
travel to the U.S.
reached nearly $14
billion – up 8% from
May 2011. That
caps 29 straight
months of growth. Ken Salazar,
Many people do Secretary of the
Interior
not realize that
international travel
to the U.S. counts as an export, since
foreign
citizens
purchase
U.S.
goods and services
when they travel
here. Hence, the
travel and tourism
industry has been a
critical factor in the Rebecca Blank,
increase of export- Acting Secretary
supported
jobs, of Commerce
which have grown
by 1.2 million from 2009-2011.
We can build on this momentum
www.medweek.gov
Minority Enterprise Development Week
Conference - 30th Anniversary
T
he National Minority Enterprise
Development (MED) Week
Conference is the Nation’s
premier event for minority entrepreneurs
and the public and private sectors. The
MED Week Conference offers a venue
for minority-owned firms to access
information, tools and resources to grow
their businesses both domestically and
internationally.
Each year, thousands of minorityowned firms across a variety of
industries converge upon Washington,
DC to connect with public and private
sector buyers, explore avenues for
business expansion, and develop
thriving partnerships with firms across
multiple industry sectors.
This is done through networking
events, workshops and issue forums,
ms,
including:
• Business-to-business
matchmaking
sessions
with
ith
corporate procurement officials and
nd
capital providers;
• Global networking events with
th
embassy officials from Latin
n
America, Asia, Africa and the
e
Middle East;
• The MED Week Awards Program
m
honoring some of the fastestt
growing minority-owned firms,
entrepreneurs and advocates
in
the
country.
Download
Awards
Brochure
(www.
medweek.gov/sites/default/files/
AwardsProgram.pdf). 
Date
Sept. 25-27, 2012
Venue
Omni Shoreham Ho
te
2500 Calvert Stree l
t NW
at Connecticut Ave
Washington, DC 20
008
Phone: (202) 234-0
700
bbu
busi
sine
ness
ssne
news
ws.n
.net
et
How Can Organizations Participate?
> Employers
> Financial institutions
> Non-profits and governments
> Educators and Youth Organizations
> Military
> Media
How Can Individuals Participate?
> Assess your savings progress
> Join America Saves
> Test your savings knowledge
> Take action to save more effectively
> View savings messages
> Read saver stories
What is America Saves Week?
About America Saves Week
Our Purpose
Participating Organizations
America Saves Week 2011
Contact Us | Privacy Policy | America Saves
www.americasavesweek.org
www.TheArtofBidding.com is dedicated to the art and science of moving goods and services to market. This web site
is useful to business managers responsible for their companies’ supply chain activities. This information is sponsored by
the Southland Partnership Corporation that serves a wide range of supply chain management issues for large and small
enterprises.
Southland is in place to enhance supplier inclusion through the increased flow of goods and services by providing current
information from initial sourcing all the way through to delivery to public and private sector end-users. Southland shares vital
information of purchasing opportunities from production planning, order processing and fulfillment, inventory management,
transportation, distribution, and professional service requirements.
For some, this information on proposal estimating will be a refresher on how to submit an effective pricing plan, however,
for other companies this may be just the information to create that winning response. All buyers seek to make the best
investment when selecting outside resources. The supplier selection results from demonstrating efficiencies and generating
the highest level of customer satisfaction at the most responsible lowest cost. In general all major buying entities look at the
strategic, tactical, and operational functions of prospective suppliers.
T
he U.S. Small Business
Administration (SBA) has joined
with the Department of Veterans
Affairs (VA) and the Department of
Defense (DoD) to launch a training
program for transitioning service
members and veterans to help them
become entrepreneurs and create
jobs. Operation Boots to Business:
From Service to Startup is a national
initiative that will be piloted with the
U.S. Marine Corps. The announcement
was made recently by U.S. Small
Business Administrator Karen Mills
and U.S. Marine Corps representatives
at Quantico, VA.
“Our service men and women
have made incalculable contributions
and sacrifices for our country, and
supporting them as they pursue their
dreams to start or grow their own
business is one of our highest priorities,”
SBA Administrator Karen Mills said.
“Through this partnership, we stand
ready with support, entrepreneurial
training, and resources that are critical
tools to help them start businesses,
drive economic growth and create jobs
for themselves and their communities.”
Entrepreneurship and small business
ownership are valuable opportunities
for transitioning service members
and veterans. Each year, more than
250,000 service members transition out
of the military. Transitioning veterans
are natural entrepreneurs who possess
the skills, experience and leadership to
start businesses and create jobs.
Veterans make up a large number
of successful small business owners.
Nine percent of small businesses are
veteran-owned. These 2.45 million
veteran-owned businesses employ
more than 5 million individuals. In the
private sector workforce, veterans are
more likely than those with no activeduty military experience to be selfemployed.
Operation Boots to Business: From
Service to Startup will help support
veterans as they grow businesses and
create jobs by building on SBA’s role as
a leader in entrepreneurship training.
SBA will help connect veterans with
its resource partner network – Small
Business Development Centers
(SBDCs), Women’s Business Centers
(WBCs), SCORE, and Veterans
Business
Opportunity
Centers
(VBOCs) – for support throughout the
life-cycle of their new businesses.
Through its ongoing collaboration
with Syracuse University’s Institute
for Veterans and Military Families
(IVMF), SBA also will provide
comprehensive
training
materials
specifically geared toward transitioning
service members.
SBA partners will coordinate training
and services at military bases around
the country, delivering a face-to-face
introductory entrepreneurship course.
In addition, an intensive eight-week
online business planning training will
be provided by Syracuse University
and its affiliated university partners for
those service members who choose to
continue to pursue entrepreneurship
after the face-to-face introductory
course. Following, service members
and veterans will be referred to SBDCs,
WBCs, SCORE chapters and VBOCs
for counseling and training throughout
the lifetime of their business.
The program will pilot in four locations:
Quantico, VA, Cherry Point, NC, Camp
Pendleton, CA, and Twenty-Nine
Palms, CA. It will be expanded across
the nation during fiscal year 2013 with
the goal of providing entrepreneurial
training and awareness to transitioning
service members from all branches of
the military.
For more information on Boots to
Business training program, and on how
to take part as a transitioning service
member, please visit http://www.sba.
gov/bootstobusiness.
SBA currently engages veterans
through its 68 local SBA district
offices,
16
Veterans
Business
Outreach Centers nationwide, and its
partnership with 1,000 Small Business
Development Centers and some 12,000
SCORE – Counselors to America’s
Small Businesses volunteers. Each
year SBA helps more than 200,000
veterans, service-disabled veterans
and reservists. To learn more about
additional opportunities for veterans
available through the SBA, please visit
the website at www.sba.gov/vets. 
www.mbda.gov/pressroom/news-andannouncements/sba-launches-programhelp-transitioning-service-members-andveterans-become-entrepreneurs
Government
Karen G. Mills,
Administrator
Small Business Administration
Minority Business Development
Agency (MBDA)
SBA Launches Program to Help
Transitioning Service Members and
Veterans Become Entrepreneurs
How President Obama Encourages
Entrepreneurship and Innovation
by Todd Park, Chief Technology Officer of the United States, www.uspto.gov/about/offices/cio/index.jsp
P
growth
entrepreneurship,
helping
accelerate technology breakthroughs,
and investing in the “building blocks”
of innovation. This is by no means
a comprehensive list of every
Administration effort to foster innovation
across the United States, but every
example below is specific, impactful,
and well underway.
Promoting High-growth
Entrepreneurship
Unlocking capital:
This spring
(2012) President Obama signed the
Jumpstart Our Business Startups
(JOBS) Act, a bipartisan bill that
allows startups to raise capital from
investors more efficiently, among
other initiatives, by allowing smalldollar crowdfunding investments,
expanding mini-public offerings, and
creating an “IPO on-ramp” consistent
with investor protections. This is on
top of an Administration commitment of
$2 billion to match private investment
in high-growth companies over the
next five years through vehicles such
as Impact Investment Funds (www.
sba.gov/content/impact-investmentinitiative) and Early Stage Innovation
Funds
(www.sba.gov/sites/default/
files/files/EarlyStageWeb.pdf).
The Small Business Investment
Company) program just had a record
Government
resident Obama’s efforts to fuel
innovation and entrepreneurship
are
wide-ranging
and
unprecedented. As Chief Technology
Officer of the United States (a position
created for the first time by President
Obama), I see these efforts first-hand
throughout the Administration—and
as an entrepreneur who cofounded
a company at age 24 and took it
public ten years later, I have a special
appreciation for how startups and
innovation create jobs and prosperity
across the country.
Let’s focus on three areas where
the President’s leadership is making
a huge impact: promoting high-
President Barack Obama
signs the Jobs Act of 2012.
from page 18
year in 2011 of helping over 1,000
businesses get $2.6 billion in capital.
Nurturing
entrepreneurial
talent: President Obama has taken
executive action to make it much
easier for graduates to manage
student loan debt (www.whitehouse.
gov/blog/2012/06/07/income-basedrepayment-everything-you-need-know)
and pursue an entrepreneurial
path
(www.whitehouse.gov/
b l o g / 2 0 11 / 1 0 / 2 6 / r e d u c i n g student-loan-burdens-america-sentrepreneurs).
The Administration
has launched new mentorship and
training opportunities for thousands
of entrepreneurs starting new highgrowth companies—including military
veterans, undergraduate engineers,
and clean energy entrepreneurs and
students—and is engaged in sustained
efforts to attract and retain immigrant
entrepreneurs who create jobs here in
the US.
Speeding up “lab to market”
research: The President has directed
all federal research agencies to help
accelerate innovation by speeding
up grants to startups. The National
Science Foundation launched an
Innovation Corps (www.nsf.gov/news/
special_reports/i-corps) to get teams
of scientists out of the lab and starting
new companies. Over twenty federal
agencies have cooperated to fund
regional entrepreneurial ecosystems
Helping Accelerate
Technology Breakthroughs
Biotechnology:
The National
Institutes of Health (NIH) has
launched a new National Center for
Todd Park,
Chief Technology Officer
of the United States
Advancing Translational Sciences
(NCATS - www.ncats.nih.gov) to speed
up the development of new diagnostics,
treatments, and cures by building new
bridges between the lab and clinic.
Nanotechnology:
The National
Nanotechnology Initiative (NNI http://nano.gov) is investing in areas
such as nano-electronics, to foster a
revolution in computing comparable to
the transition from the vacuum tube to
the transistor.
Advanced manufacturing: President
Obama launched the Advanced
Manufacturing Partnership (AMP
- http://manufacturing.gov/amp/amp.
html), a national effort that brings
together industry, universities, and
the federal government to invest in
the emerging technologies that create
high-quality manufacturing jobs and
enhance our global competitiveness
(read the AMP Steering Committee
report). As a first step in building a
National Network for Manufacturing
Innovation (http://manufacturing.gov/
amp/overview.html), the Administration
is funding a pilot institute for additive
manufacturing (3-D printing - http://
manufacturing.gov/amp/pilot-institute.
html). The President has also launched
a National Robotics Initiative (www.
nsf.gov/funding/pgm_summ.jsp?pims_
id=503641&org=CISE) and a Materials
Genome Initiative to help accelerate
manufacturing innovation.
Space exploration: Guided by the
President’s National Space Policy
(www.whitehouse.gov/the-press-office/
see Entrepreneurship & Innovation on page 21
Government
3-D Printer
(www.commerce.gov/blog/2011/09/29/
obama-administration-announces-12million-i6-green-investment-promoteclean-energy-i), and are dramatically
streamlining patent licenses for
entrepreneurs in clean energy and
biotech.
Liberating data to fuel innovation:
The Administration has launched a
series of Open Data Initiatives—in
health, public safety, education, and
energy—to stimulate entrepreneurial
innovation using newly unleashed
data from government and other
sources. As a model, decades ago, the
National Oceanic and Atmospheric
Administration
(www.noaa.gov)
began making weather data available
for free electronic download by anyone.
Entrepreneurs utilized these data to
create weather newscasts, websites,
mobile applications, insurance, and
much more. Today, entrepreneurs are
using freely available government
data (www.data.gov) and building apps
and services that help Americans in an
expanding
number
of ways – e.g., apps
and services that help
people find the right
health care provider
for
their
family,
identify the college
that provides the best
value for their money,
save
money
on
electricity bills through
smarter
shopping,
keep their families
safe by knowing which
products have been
recalled, and much,
much more.
The
Startup
America Partnership: In response to
the President’s call to action to support
American entrepreneurs, the nonprofit
Startup
America
Partnership
(www.s.co) has mobilized well over $1
billion in private-sector commitments to
help support startups and has launched
entrepreneur-led coalitions in Startup
Regions across the country.
STIMULATING OUR ECONOMY...
WELCOMING TOURISTS & CONVENTIONS...
CREATING JOBS FOR OUR WORKERS...
FARMERSFIELD.COM
from page 19
fact-sheet-national-space-policy),
NASA, the Department of Defense,
and other agencies are advancing U.S.
capabilities and expanding American
industry’s role in developing nextgeneration
applications—including
the historic docking of the SpaceX
Dragon
(www.whitehouse.gov/
blog/2012/05/25/dragon-spacecrafthas-berthed-international-spacestation) spacecraft with the International
Space Station.
Health care technology: Building
Investing in “Building
Blocks” of innovation
Research
and
development:
The market innovations that drive
economic progress so often depend on
breakthroughs in fundamental science.
President Obama has implemented
the largest increase
in federally funded
research
and
development (R&D)
in history, and is
making continuous
investments to fuel
“Big Data” research
and double funding
for
key
basic
research agencies.
Education: The
President
has
led the charge to
provide every K-12
student in America
with
a
worldclass
education,
including the historic
Race to the Top
investments to drive
comprehensive
reform at the state
and district levels. The Investing in
Innovation (I3) fund supports school
districts and nonprofit partners to
develop, validate, and implement
innovative evidence-based practices
that accelerate student learning and
achievement.
And the President
has doubled down on education in
science, technology, engineering, and
mathematics (STEM) by launching a
STEM Master Teacher Corps along
with public/private investments to
scale up high-quality STEM programs,
prepare 100,000 STEM teachers over
the next decade, and graduate 10,000
more engineers every year.
Internet:
The President signed
legislation to invest $7 billion in
broadband infrastructure, computers,
and training for consumers and
businesses nationwide, and has
moved to dramatically expand highspeed wireless service for consumers
and first responders through both
direct executive action and legislation.
Through the US Ignite partnership,
the Administration has also laid the
groundwork
for
next-generation
ultra-fast broadband networks. And
during the national debate over the
Stop Online Piracy Act (SOPA) and
related legislation, the Administration
made clear that the important task
of protecting intellectual property
online must not threaten an open and
innovative internet.
Smart grid: To build a 21st century
electric system, the President led the
charge to make over $4.5 billion in smart
grid investments for electricity delivery
and energy reliability modernization,
along with new smart grid initiatives
to empower consumers, improve the
reliability of the electric grid, and spur
innovation.
Patent system: President Obama
signed the bipartisan America Invents
Act after nearly a decade of efforts
to reform the nation’s outdated
patent laws. The new law is helping
entrepreneurs and inventors avoid
costly delays and unnecessary
litigation so they can focus instead on
innovation and growth.
Again, this list is not comprehensive—
for more details, check out the White
House Startup America Initiative and
the President’s Strategy for American
Innovation. And I have barely touched
on all the ways that President Obama
has fostered massive innovation within
government, from unprecedented
use of prizes and challenges to the
new Presidential Innovation Fellows
program that pairs top innovators from
outside and inside government to
implement cutting-edge solutions for
the American people.
To stay up to date on President
Obama’s innovation agenda, you can
follow me on Twitter @todd_park and
@whitehouseostp. 
www.whitehouse.gov/blog/2012/07/31/
quora-response-fueling-innovation-andentrepreneurship
Government
on the Recovery Act and the Affordable
Care Act, the Administration is
continuously engaged in major efforts to
promote health information technology
adoption, reform payment incentives
to reward value instead of volume,
and liberate health information for the
benefit of patients while protecting
privacy.
Educational technologies:
To
advance
technologies
that
will
transform teaching and learning, the
President launched the Digital Promise
partnership and championed a new
Advanced Research Projects Agency
for Education (ARPA-ED).
Clean energy: The Administration is
working to accelerate game-changing
energy breakthroughs by funding the
Advanced Research Projects Agency
– Energy (ARPA-E) and d Energy
Innovation Hubs, while pursuing 21st
century grand challenges like SunShot
(making solar energy cost-competitive
with fossil fuels) and EV Everywhere
(making electric vehicles as affordable
and convenient to own and drive as
today’s gasoline-powered vehicles).
New “Shopping Sheet” Will Make
It Easier for Students to
“Know Before They Owe”
by Cecilia Muñoz is the Director of the White House Domestic Policy Council
A
Government
lmost
every
day,
President Obama gets
letters from students
who are swimming in student
loan debt, and every week
it seems we see another
newspaper article about how
the cost of college is becoming
prohibitively expensive for too
many American families.
We know that college remains
an
excellent
investment.
Increasingly however, it is a
financed investment, with the
monthly loan payments to
prove it. And, while we don’t
want would-be students to be
scared away from going to
college because of the price,
we aren’t doing students any
favors by obscuring the reality
of this commitment until after
they’ve graduated.
While this Administration
continues to do everything
we can to make sure that
college remains affordable
and available to families in the
middle class and those aspiring
to the middle class, we also are
focused on making it easier
for families to understand the
costs and benefits of higher
education up-front, so that
they can more easily choose a
college that is both high-quality
and affordable.
That’s why the Administration
today released the final version
of the Financial Aid Shopping
Sheet—an
individualized
standard financial aid award
letter that will help students and families
understand the costs of college before
making the final decision on where to
enroll.
The Shopping Sheet is the
culmination of a joint effort between
the Consumer Financial Protection
Bureau and the Department of
Education to provide individuals with
see Shopping Sheet on page 25
Shopping Sheet
more than a million students across
the country, committed to provide
important financial information on
cost, financial aid options, estimated
monthly payments, and student
outcomes to all of their incoming
students. And today, Secretary Duncan
sent an open letter to colleges across
the country, encouraging them to follow
this example and adopt the Shopping
Sheet for next school year.
As the parent of one college student,
with another who will be applying to
college this year, I have learned that
we all have something to contribute
to make sure that college remains
affordable and accessible. The Obama
Administration is making sure the
federal government is doing its part
by expanding Pell Grants and the
American Opportunity Tax Credit,
and by proposing innovative new
reforms. President Obama has called
on States to do their part by ensuring
that education is a priority in their
budgets. And while the Administration
works with leaders of colleges and
universities to make sure that they do
their part in keeping costs manageable,
students and parents can also do their
part by becoming informed consumers
when they make college decisions.
As a parent, I will be grateful that the
Shopping Sheet will provide my family
with a clear and useful tool to help us –
and millions more like us -- assess our
children’s college choices. 
Editor’s Note: You can read more
about the Shopping Sheet in a post on
the official blog of U.S. Department of
Education (www.ed.gov/blog/2012/07/
unraveling-the-mystery-of-collegecosts).
Government
As President Obama has said,
students must “know before they owe”
and be empowered with the facts to
from page 23 accurately compare the true costs of
college from one institution to another
critical information about their financial before making a decision. While every
decision to attend college in a clear, college is unique, there are a few
concise, and standardized format that key pieces of information that every
facilitates easy comparisons across college provides -- or should provide
-- to its students. The goal of this
institutions.
Shopping Sheet is to make sure this
information is available in a
clear and consistent format
to ensure that students
understand their financial
responsibilities in a layout
that makes sense to them,
and in a manner that allows
for
easy
comparisons
across schools.
Today’s announcement
builds on the Obama
Administration’s continued
commitment to address
the growing cost of college.
Last year, the President
convened leading college
presidents from around
the nation to discuss
innovative solutions and
proposals to keep costs
down while maintaining
quality in higher education.
In
January,
President
Obama emphasized the
responsibility shared by the
federal government, states,
colleges, and universities
to rein in college costs, and
outlined a comprehensive
proposal to ensure that
we make progress. He
also launched what was
ultimately a successful
effort to spur Congressional
action in time to prevent
the interest rates on
federal student loans from
doubling by July of this
year. Just recently, in June,
Vice President Biden and
Education Secretary Arne
Duncan called on all college
presidents
to
provide
greater transparency in
college costs in financial aid
information, and several key
An example of the easy-to-read information on
institutions,
representing
the Shopping Sheet
Hold on to Your Checkbook
AB 32 Regulations are about to Kick In
Editorial
by Earl “Skip” Cooper, II, Publisher/Editor-In-Chief, Black Business News
F
asten your seat belfs. California’s
rocky economic ride is about to
get even bumpier, thanks to the
impending onset of new global warming
regulations that are goint to hit small
businesses smack in the checkbook.
The Black Business Association
(BBA) has been actively engaged
in monitoring the progress of rules
being developed by the California Air
Resources Board (CARB) to reduce
carbon emissions under AB 32, the
state’s gobal warming law, not only for
the purpose of figuring out what those
regulations will cost but also to keep an
eye out for opportunities for the minority
small business community.
Now those rules are moving from the
planning stage to actually taking effect,
and it’s looking more and more like
the costs are going to far outweigh the
opportunities.
Think your fuel costs are too high
already? Guess again. A new study by
the Boston Consulting Group took a
look at the combined financial impact
of CARB’s most ambitious policies, like
the low carbon fuel standard and the
cap and trade auction, and found those
rules could add $250 or even more to
the cost of manufacturing a gallon of
gas.
And three of the state’s largest utilities
have warned the Public utilities
Commission that even if 100% of
cap and trade auction revenues were
returned to ratepayers, those rebates
would fall far short of the $32 billion
that program and others are expected
to cost.
Some have suggeted that since
most small businesses are not energyintensive they won’t be affected by
all this. Clearly they haven’t thought
this through. Anyone who operates
a small business like a printer, florist,
maintenance company, restaurant or
just about anything else knows that
when fuel and utilities go up, the cost
of everything goes up. That means not
just a higher electric bill or higher tab at
the pump, but higher prices for supplies
and shipping as well.
Boston Consulting also observed that
these AB 32 regulations could cause
half of the state’s refineries to close
down. And that’s just one industry.
We’re already seeing companies from
other sectors, like manufacturing,
computers and Internet services, move
out of California or expand anywhere
but here. They can afford to leave,
but small businesses can’t. And when
those big companies leave, they no
longer need the services of our small
businesses, so small businesses will
suffer the most.
On top of this, according to the folks
at Boston Consulting, we’re looking
at thousands of lost jobs, which
also means less customers for our
see AB 32 Regulations on page 27
reducing
worldwide
global warming.
The time to amend
these regulations is
now, before we lose
any more businesses
or jobs.
California
already
has enough problems,
starting with the state’s
deficit, unfunded public
employee
pensions,
and
the
worst
regulatory climate in
the country. Let’s not
make it worse by going
ahead with global
warming regulations
that
won’t
reduce
anything but our small
businesses’ changes
of survival. 
AB 32 Regulations
businesses. This could lead to a domino
effect where, as our businesses shrink,
so do our payrolls. Translation: more
unemployed workers and even fewer
customers.
And despite promises of new green jobs
and business opportunities, California
still has the country’s third highest
unemployment rate, with joblessness
among Blacks and Hispanics a shocking
18.6% and 13.5% respectively.
But what about global warming? The
BBA has always been supportive of doing
something about climate change, but even
CARB has acknowledged that California
acting alone can’t do anything to reduce
global warming. And Boston Consulting
has observed that AB 32 could actually
cause an increase in carbon emissions
as production moves elsewhere. In our
book “doing something” should not mean
higher overhead for small businesses,
higher energy prices and lost jobs without
Editorial
from page 26
USDOC Export Regulations Seminar
Los Angeles
August 8-9, 2012
The Bureau of Industry and Security, in cooperation with the Southern California Regional
District Export Council, and the U.S. Commercial Service in Southern California, invites you
to attend a workshop on the Export Administration Regulations and Export Management
Compliance Program. This program is well suited for those who need a comprehensive
understanding of their obligations under the Export Administration Regulations (“EAR”).
The workshop will explain:
• The scope of the Export Administration Regulations.
• How to determine the export licensing requirements for your product.
• When you may export without applying for a license.
• What an Export Management Compliance Program (“EMCP”) is, and how it can help meet your
regulatory responsibilities.
• What the Enhanced Proliferation Control Initiative is, and how it affects you.
Dates/Time:
Aug. 8 – 9, 2012
8:30 am - 4:00 pm
Registration/Continental Breakfast 7:30 - 8:30 am
Cost:
$450 for both days includes continental breakfast, lunch and training materials.
Location:
Sheraton Gateway Hotel Los Angeles
6101 W. Century Blvd., Los Angeles, California 90045
**Registered attendees will be able receive a preferred rate of $119 per night. Preferred rate ends July 24, 2012.
REGISTRATION:
www.regonline.com/bis2012la
Questions?
For more information on the topics covered, please call BIS Western Regional Office at (949)
660-0144 and for arrangement or registration, please call the Irvine U.S. Export Assistance
Center at (949) 660-1688.
NOTE:The Western Regional Office of the Department of Commerce, Bureau of Industry and Security
is a State Bar of California approved MCLE provider. This course is worth 12 hours of MCLE credit.
However 0 hours will apply to legal ethics/law practice management; prevention, detection and treatment
of substance abuse and emotional distress; and elimination of bias.
Americans with Disabilities Act: If special arrangements are required for a disabled individual to attend any
of these programs, please notify the contact person at least one week prior to the program.
Mayme A. Clayton Library & Museum
in association with
Foxx Media Group
presents
Rescue at Pine Ridge / Part One
Based on the novel by Erich Hicks
“Historic Rescue of the 7th Cavalry
by America’s Unsung Heroes, the Buffalo Soldiers”
Keith David
“We Can; We Will”
What:
When:
Who:
Director:
Location:
Telephone:
Time:
RSVP:
“Rescue at Pine Ridge” Celebrity Stage Reading
August 2, 2012
Keith David, Richard Gant, Brent Jennings
Ian Foxx
Mayme A. Clayton Library & Museum
4130 Overland Avenue, Culver City, California 90230
310-202-1647
7:00 p.m.
818-760–9948
Richard Gant
Brent Jennings
To donate to support this project,
please visit “Rescue at Pine Ridge” on KICKSTARTER.COM
http://conference.inc.com www.inc.com
Entertainment
http://www.kickstarter.com/projects/rescueatpineridge/rescue-at-pine-ridge-feature-film-0?ref=live
Call for Submissions from
Pan African Film Festival
emailing [email protected] or
calling 310-337-4737.
ELIGIBILITY:
T
T
hose three words are the mantra
of This is My Vote. They
represent the most effective way
to fight back against voter suppression
and to make your voice heard in
November.
Over and over again we see the
impact lawmakers can have on our lives.
By registering to cast your ballot and
educating yourself on the requirements
for voting, you can have the effect on
our country that proponents of these
these laws are seeking to prevent.
Registering to vote takes only 5
minutes. Head to the This is My Vote
site, fill out your application, and mail
it in today:
http://action.naacp.org/
voter-registration
I know you’ve heard it before but I will
keep on saying it: There is strength in
numbers. We proved this in Sanford,
Florida, and I’ve seen it proven all
over the United States in the 100+
campaigns I’ve worked on.
I know what can be achieved if our
nationwide effort to register voters is
successful: Elections will be swung,
civil rights and social justice will
take their rightful place on the policy
agenda, and voter suppression laws
will be rendered useless.
Don’t overestimate the time it takes to
register to vote. It only takes 5 minutes,
the same amount of time it takes to
send our registration link to your family
and friends if you’re already registered.
Together, we can have a monumental
impact.
Register to vote, or send our link to
your family and friends:
http://action.naacp.org/voterregistration
Thank you,
Marvin Randolph
Senior Vice President for Campaigns
NAACP - www.naacp.org 
Entertainment
The PAFF is currently
accepting applications for
films and videos made by
and/or about people of
African descent. (Please
note: the filmmaker(s)
need not be of African
Ayuko Babu,
or
African
American
PAFF Executive
descent.) Films should
Director
preferably depict positive
and realistic images and
he Pan African Film Festival can be of any genre -- drama, comedy,
(PAFF) is ready to take movie horror, adventure, animation, romance,
goers on a cinematic journey science fiction, experimental, etc.
with international film screenings from PAFF accepts features and shorts
around the globe with the announcement both narrative and documentary. The
of its call for submissions. The 21st film festival will accept submissions of
annual PAFF will be held on February works in progress; however, the final
7-18, 2013 in Los Angeles. The film version of the film must be completed
festival is the nation’s largest and most no later than January 5, 2013.
prestigious Black film festival. Over
the years, it has showcased films from COMPETITION:
The PAFF competition categories
all parts of the world, representing
such countries as Angola, Austria, are: Best Narrative Feature, Best
England, Bermuda, Canada, Egypt, Narrative Short, Best Documentary,
Ethiopia, Brazil, Kenya, Mexico, South Best Director -- First Feature, plus,
Africa, Nigeria, and of course, the Audience Favorite Awards for Narrative
United States. With the pulse on the Feature and Favorite Documentary.
international film market, PAFF has Films in competition must be
opened the minds of its audiences, and copyrighted no earlier than 2012. With
transported them to lands far away and the exception of Audience Favorite
back home again. “Over the years, the Awards, all films are judged by industry
filmmakers from around the world have professionals, selected by PAFF. In
become more sophisticated in telling addition to competition awards, other
their stories,” says Asantewa Olatunji, programming and festival special
prizes will be awarded.
the director of programming for PAFF.
Last year, more than 40,000 folks
SUBMISSION:
attended the festival. “This is certainly
For information about the festival,
proof that Black audiences will respond
submission procedures, fees and
to good stories and positive depictions
registration, visit www.paff.org or call
of ourselves on the big screen,” added
310-337-4737. Submissions will be
Olatunji.
accepted from July 2, 2012 through
Currently,
PAFF
is
accepting
October 15, 2012. Late submissions
submissions of independent features,
will be accepted until November 21,
shorts, narratives and documentary
2012. Official selection announcements
films made by or about people of African
will be made beginning December 15,
descent. Applications are available via
2012. 
the PAFF website at www.paff.org, by
Registration
and Education
Black
Business
News
Reach Thousands of
Readers in Business
and Government,
Nationally and Around
the World
ADVERTISE IN THE OCTOBER 2012
Special Edition Honoring the Presidency of
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Popular Stars Arsenio Hall, Steve
Harvey, La Toya Jackson Each
Announce New TV Series Deals
by Linda Ware
several hit film blockbusters creating
unforgettable roles such as “Semmi” in
the hit, Coming to America, alongside
comedian, Eddie Murphy.
Hall Is set to go into production on
his new late night show during the
fall season of 2012 with a power deal
penned in writing with CBS Network,
where the show will be introduced on
17 stations owned by Tribune Co.,
including television outlets in New York,
Los Angeles and Chicago. The one
hour talk show will air at 10pm or 11pm
on CBS as well as on Tribune affiliates
that will include Fox and CW.
Oprah Winfrey and La Toya
Jackson, have shaken hands to bring
viewers a new exciting reality series.
Arsenio
Hall
top comedian and Family Feud game
show host, Steve Harvey, to a new
Oprah
Winfrey
Oprah’s OWN network has signed the
King of Pop’s sister, La Toya Jackson,
on to officially launch her very own
reality show, “Life With La Toya”, set
to go into production for a 2013 debut
on OWN.
“Life with La Toya” will show MJ’s
sister in her daily life showing how
she juggles the many demands of her
famous family, friends, and her growing
entertainment company and career.
NBC
Television
Network
announced their elation over signing
These new shows join the growing
array of shows featuring African
Americans. Cable channels owned by
African Americans include: The Africa
Channel, OWN, TV ONE, and ASPIRE.
Support these shows and channels
by viewing when shown or OnDemand.
Everytime you make a selection you
are voting for them to stay on the
airwaves. 
Entertainment
TV series, self-titled, “Steve Harvey”.
The one hour daily show will debut
on daytime television with Harvey
discussing relationships bringing his
sense of humor to topics that include
dating, friendship, marriage, and work
relationships. Steve Harvey and his
business partner, Rushion McDonald,
will serve as executive producers.
A
rsenio Hall is on a
roll with recently being
crowned by Donald
Trump as the winner of the
Celebrity Apprentice. As
reality TV can spill over into
a celebrity’s real life, Arsenio
continues his momentum
returning to the late night
airwaves at the helm of his
new syndicated talk show
set to air on CBS Network.
Arsenio’s comedy career took off when
he was spotted as a top talent at the
Hollywood
C o m e d y
Store.
From
that
point
on, Hall took
on late night
television with
a successful
talk show that
received rave
reviews
and
high Nielson
ratings.
In
addition,
La Toya
A r s e n i o
Jackson
starred
in
Steve
Harvey
Good Times Star, Ja’Net DuBois, Upclose and
Personal Story About “Movin’ On Up” in the
Hollywood Scene
by Linda Ware
S
he starred as the popular lovable
neighbor of Florida Evans as the
legendary character of Willona
Woods in the hit CBS television series,
“Good Times”. She starred as Redd
Foxx’ high school crush, Juanita, on
the hit comedy series, “Sanford and
Son”. She is by far one of America’s
most celebrated actresses with some
of the most memorable, signature
character roles that she has brought
to life in top television sitcoms to date.
She is legendary television and film
actress, Ja’net DuBois.
Although America is familiar with
her resume of popular television roles,
American television fans were not
privy to one of her most outstanding
accomplishments in her career...
Notably the fact that she is the mystery
singer/songwriter behind one of the
top songs to have hit the television
airwaves.
Ja’net has surpassed some of the
top artists in the music industry… a fete
accomplished with one song... a song
that America and the world embraced
and continues to cherish throughout
the decades. A song that we first
heard on the debut of the hit CBS
series, “The Jeffersons”. “We’re
movin on up to the eastside”…is by
far the most popular lyric and song in
television history. The song caught on
like wildfire from its debut and moved
up from being the signature song of the
Jeffersons to one that was sung across
the board in households throughout the
United States and the world.
“Movin on Up” is the hit classic
television theme song that Ja’net
penned. Moreso, she is the singer
who everyone was trying guess the
identity of, the vocalist with the power
vocals filled with emotion, strength, and
conviction at the top of every episode
timeslot of the Jeffersons. Little did
she know that after writing the song
and recording it that it would soon
become the most popular theme song
in the history of television sitcoms. In
essence, the song became an American
National Anthem of hope for the people
of America from all walks of life, a song
where families and individuals could
envision “movin up” in their economic
status, homes and overall status of
living. A song that dared us to dream of
a better life.
The song was fitting and proper
for the storyline of the Jeffersons,
starring Sherman Hemsley and
Isabel Sanford. George and Weezy
represented the successful African
American couple who moved out of the
projects and into a gorgeous abode one
that most Americans at the time of the
series debut could only dream of; and
Ja’ net DuBois masterfully and humbly
was given the assignment to write and
sing about it ultimately solidifying a
major accomplishment in her career
as a bonafide hit singer/songwriter.
Yet, with all of the success of the song
she had yet to be given accolades and
recognition for this incredible musical
see Fashion Designers on page 37
Ja’Net DuBois Upclose
from page 36
creation until now.
In a recent interview with Black
Business News magazine, Ja’net
Dubois shared her poignant story of
the making of the song, “Movin on Up”,
and how it all came into fruition. Her
male performers step on stage. He
sang, dance, told jokes faster than a
seasoned comic, and basically stole
the show to the delight of the pleased
crowd in attendance. The performer
she learned later was actor, Sherman
Hemsley. Watching him perform, she
knew within her heart and spirit that he
was going to make it big someday.
Ja’net was having a conversation
story began with her role on GOOD
TIMES. She was absolutely content
with her role as Willona, the happy go
lucky friend of Florida Evans, on the
series. Her role became even more
prominent and beloved as America
soon saw our Willona step into the role
of a loving mother with her adoption
of Penny, played by Janet Jackson.
With the success of her role on GOOD
TIMES, Ja’ net became one of the most
successful African American television
sitcom actresses of the time. Yet within
her spirit, she felt that there was more
she had to give.
While on a theater outing, she took
in a musical theater show and was
absolutely riveted with excitement
after watching one of the show’s
with her producer Norman Lear on
one occasion and she asked him about
what other projects he was working
on. It was at that time that Norman
Lear shared with Ja’net about a new
sitcom series he had put together. She
asked if she could submit a song for
his new show. He said,”OK”, with a big
grin and she said,” I’ll bring it in after
the three day weekend”. Then he left.
After accepting the challenge to write
a theme song she was excited beyond
words. Ja’net sat down at her piano
with a pen and yellow pad and began
writing some words for the pitch song.
Ja’net began to reflect about a
conversation that she and her mother
had about her career and the future;
and it was at that moment that
Entertainment
Good Times cast (clockwise) Ja’Net DuBois, Bern Nadette Stanis, John Amos,
Jimmy Walker, Esther Rolle and Ralph Carter.
Ja’net felt chills that something was
happening that she was blessed to be
a part of. Ja’net immediately contacted
her mother and told her about the
opportunity to write the song for the new
series. Her mother knew that Ja’net
could sing like none other. Her mom
shared with her the conversation they
had before Ja’net entered the industry
about the fact that one day she (Ja’net)
was going to move her up to the east
side. Ja’net’s close relationship with her
mother stemmed from a strong mother
daughter bond and a deep faith based
foundation. Her mother believed in
Ja’net with the belief of a loving mother
as no one can describe in an article.
From that love and belief, the words
flowed naturally in a conversation
between mother and daughter, the
most popular conversation that has
ever occurred in the history of America.
A conversation that drove Ja’net to play
a melody that gave birth to the words
of America’s favorite television theme
song, “Movin On Up”.
“It was nothing but God that brought
that song to life… the words to that
song. It’s personal because of my
mother and I spoke about how she
knew that God was going to move
things in my life to break open doors
in show business and…sharing with
me in her loving voice and spirit that I
was going to make it and that when I
do, I was going to move her up to the
east side. I had no idea that the song
was going to be used for a new show
starring Sherman Hemsley, the same
man who I saw perform and who I was
a fan of. God is amazing”, says Ja’net.
Without a doubt, the lyrics of Movin
on Up are not just the lyrics of a sitcom
theme song; they are the faith based
words of the dialogue between a strong
loving mother daughter relationship...
one specifically of Ja’net DuBois
and her mom that will forever stand
as one of America’s most beloved
theme songs and more importantly
and poignantly, now revealed as their
personal dialogue shared with the
world. The song has a purpose that is
timeless and profound...from mother to
daughter to inspire Ja’net and as for
today, to inspire anyone who hears it.
Ja’net believes “it was God who used
“Movin On Up” as a message of hope
and love to all mankind. 
Aubrey
Stone, CBCC
Chairman
MC Townsend,
Chair, Council
of Chambers
Celebrating the Legacy of
Sherman Hemesley Star
of CBS Hit Series
“The Jeffersons”
by Linda Ware
S
Sherman
Hemsley’s
acting career was unique in
the unparalleled selection
Entertainment
herman Hemsley starred as the
unforgettable “George Jefferson”
on the hit CBS television series
“All in the Family”.
Audiences across America cheered
as George and his wife, Weezy,
transitioned from struggling financially
to getting a break and were suddenly
“movin on up to the eastside” with
their own CBS series entitled “The
Jeffersons”. The song, “Movin On
Up” was written by Television Actress,
Janet Du Bois, and well known for her
role of Willona on “Good Times”.
The theme song just as popular as
did the new series spinoff. Janet shared
with us in an exclusive interview “ I was
in New York and I went to see a show
called “Pearly”. This man could sing,
dance, act...he could throw lines at
you...I said WO this man is incredible.
I found out his name was Sherman
Hemsley. When I got back home, I wrote
a theme song called “Movin On UP” for
Norman Lear... I never dreamed it was
for the theme song for the show starring
that same terrific actor who I just saw in
New York. Sherman Hemsley”.
of outstanding character roles including
the unforgettable Deacon Ernest Frye
on the NBC Series, “Amen”, guest
spots on “The Fresh Prince of BelAir” and other notable projects. 
Black Enterprise/Pepsi Golf & Tennis Challenge!
For more information, call (800) 209-7229 or REGISTER now at www.blackenterprise.com/gt. Take
advantage of our special discount pricing: COUPLES PACKAGE (SAVE $100!) - Two (2) people
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registration rate discount per person. (This offer does not include the Social Package.)
Mother-Daughter
Fashion Designer
Duo:
Beyonce
and
Tina Knowles
By Linda Ware
Entrepreneurs
B
eyonce is recognized as one
of the top female artists of the
decade selling over 75 million
records worldwide in her career so far.
One of the music industry’s top female
entertainers, Beyonce has picked up 16
Grammy Awards, 11 MTV Music Video
Awards, 3 American
Music Awards, and a
prestigious
Billboard
Millenium Award. She
is one of the few artists
to have been presented
a star on the Hollywood
Walk of Fame in the
early stages of her
career.
In addition to her
stellar music career,
she has found success
as
an
innovative
entrepreneur in the
fashion industry with her
mother, Tina Knowles.
The successful motherdaughter duo launched
their very own fashion
company, The House
of
Dereon
(www.
houseofdereon.com),
providing creative elegant fashion
for ready to wear as well as evening
apparel.
The mother-daughter duo picked
the name House of Dereon to
honor
Beyonce’s
grandmother,
Agnes Dereon Beyince. The company’s
see Fashion Designers on page 43
from page 42
branding phrase, “Couture. Kick.
Soul”, represents all three women of
excellence. Agnez Dereon Beyince is
the Soul. Tina Knowles is the couture.
Beyonce is the kick.
The whole idea behind the fashion
line came through the creative
energies between the mother-daughter
team during Beyonce’s initial launch
as a musical artist in the entertainment
industry. Through her innate abilities
to create fashion, Tina designed and
sewed custom dresses and gowns for
Beyonce to wear in her concerts and
red carpet appearances during the
inception of her career.
Tina’s gift in creating fashion wear
was strongly nurtured from her
exposure to her mother Agnez and her
unparalleled gifts to look at a piece of
fabric and create a stunning fashion
piece. While her mother Agnez grew
up in Abbeville, Lousisiana, the family
discovered her innate genius at fashion
design as she became a self-taught
seamstress creating tailored dresses
and gowns decorated with gorgeous
embroidery, lace, beads and jeweled
buttons. Her designs were sought after
by a large clientele in Louisiana.
Fast forward to 2012, her gifts in
Entrepreneurs
Fashion Designers
fashion continue through the
next generation through the
vision of Tina and Beyonce as
they continue to present new fabulous
fashion wear through their very own
House of Dereon.
The mother daughter duo introduced
a colorful, elegant Spring/Summer
fashion line that is innovative in that the
clothing pieces can be worn throughout
all 4 seasons with accessories and
other complimentary pieces. They
are currently preparing to launch next
season’s line which is anticipated to
put smiles on the faces of fashion
editors and ladies around the world
with their signature designer flavors
of femininity, elegance, power, and
fashion all in one. Beyonce and Tina
Knowles. Entrepreneurial Women of
Excellence of Fashion.. 
GRANTS.GOV LISTINGS
The following grant opportunity
postings may be found on the
Grants.gov Find Opportunities
service:
DOS Department of State
Bureau of South and Central Asian
Affairs
U.S. Embassy Islamabad PAS Grants
Program, Modification 8
www07.grants.gov/search/search.
do?&mode=VIEW&oppId=114273
Business
USAID Agency for International
Development
Afghanistan USAID-Kabul Public
Private Innovative Development
Initiative, Modification 3
USAID Agency for International
Development
Kazakhstan USAID-Almaty
Development Through Regional
Cooperation, Modification 5
DOT Department of Transportation
DOT/Office of Small & Disadvantaged
Utilization
Notice of Funding Availability for
the Small Business Transportation
Resource Center Program,
Modification 3
HHS Department of Health and
Human Services
Centers for Disease Control and
Prevention
Immunization and Vaccines for
Children Program, Grant
DOI Department of the Interior
Fish and Wildlife Service
Assessing Management Needs to
Enhance Recovery for the Eastern
Massasauga, year four Grant
Human Services
National Institutes of Health
Population Architecture Using
Genomics and Epidemiology (PAGE),
Phase II Study Investigators (U01),
Grant
Human Services
National Institutes of Health
Population Architecture Using
Genomics and Epidemiology (PAGE),
Phase II, Coordinating Center (U01),
Grant
Human Services
Centers for Disease Control and
Prevention
Cooperative Agreement for the
Development, Operation, and
Evaluation of an Entertainment
Education Program, Grant
Bureau of Land Management
BLM CA Lassen Land and Trails Trust
LLTT Modoc Line, Grant
ED Department of Education
Upward Bound Math and Science
Program - CFDA 84.047M, Grant
National Institute on Disability and
Rehabilitation Research (NIDRR)-Disability and Rehabilitation Research
Projects and Centers Program-RERCs--Recreational Technologies
Exercise Physiology Benefiting
Individuals Disabilities, Grant
NASA National Aeronautics and
Space Administration
NASA Headquarters
E.2 Leading Edge Aeronautics
Research for NASA (LEARN), Grant
National Institute on Disability and
Rehabilitation Research (NIDRR)-Disability Rehabilitation Research
Projects and Centers Program-Disability, Grant
USDOT Department of the Treasury
Community Development Financial
Institutions
FY 2012 Bank Enterprise Award
Program, Grant
University of California, Davis Species
Project, Grant
NASA National Aeronautics and
Space Administration
NASA Headquarters
COMMUNITY ANNOUNCEMENT
ON ASTROPHYSICS EXPLORER
MISSIONS OF OPPORTUNITY,
Grant
GRANTS.GOV LISTINGS
from page 44
BLM NV Nevada Ecological Site
Descriptions State and Transition
Models Development, Grant
National Park Service
Estimating grizzly bear use of large
ungulate carcasses with GPS
telemetry data, Grant
Developing Chesapeake Youth Corps
Network, Grant
BLM WY 2012 Challenge Cost Share
Program, Grant
Signage and Related Interpretive
Media Along the Star-Spangled
Banner National Historic Trail in Metro
DC, Grant
War of 1812 in Southern Maryland:
Traveling Exhibit and Traveling Trunks,
Grant
Assisting in Development of Potomac
River Segment of the Captain John
Smith Chesapeake and Star-Spangled
Banner National Historic Trails, Grant
Interns CLI/LCS, Grant
Development of LandScope
Chesapeake, Grant
Irrigation Water Delivery Metering
Project, Grant
Regional Mark Processing, Grant
Technology Enhanced Interpretation
Development, Grant
DOS Department of State
Bureau of Near Eastern Affairs
Middle East Partnership Initiative
Tomorrow’s Leaders Scholarship,
Grant
DURHAM DAM, Modification 1
Chumstick Barrier Removal Phase 4,
Grant
do?&mode=VIEW&oppId=178633 
Cooperative Agreement for the
identification of sites and structures
significant in Hispanic heritage, Grant
Bureau of Reclamation
Bureau of Reclamation - Pacific
Northwest Region
Business
DOD Department of Defense
Air Force Academy
STEM Outreach to K-12 Schools in
Southern Colorado, Grant
Heritage Partnerships Program 3D
Digital Documentation, Grant
The Promise of Crowdfunding for
Social Enterprise
Business
I
n early July 2012, the White House
hosted a briefing for the American
Sustainable Business Council,
a national network serving social
enterprises from early-stage startups
to established success stories, like
Patagonia and Ben & Jerry’s.
Senior White House staff took time
to meet with chief executives and
thought leaders, such as Seventh
Generation founder Jeffrey Hollender
and Stonyfield Farms pioneer Gary
Hirshberg, to discuss many aspects
of the President’s agenda to support
overall economic growth, including the
Impact Economy.
As part of the conversation, the
discussion focused on the Jumpstart
Our Business Startups (JOBS) Act.
The JOBS Act is a bipartisan bill signed
by the President into law in April that will
allow small businesses and startups
to raise capital from investors more
efficiently, leading to faster growth and
hiring.
One of the key features of the JOBS
Act is to enable “crowdfunding”
– letting companies raise up to $1
million in small increments from many
investors. As the President said, this is
“a potential game changer”:
Right now, you can only turn to a
limited group of investors -- including
banks and wealthy individuals -- to
get funding. Laws that are nearly eight
decades old make it impossible for
others to invest. But a lot has changed
in 80 years, and it’s time our laws did as
well. Because of this bill, start-ups and
small business will now have access to
a big, new pool of potential investors
-- namely, the American people. For
the first time, ordinary Americans
will be able to go online and invest in
entrepreneurs that they believe in.
In many ways, nonprofits and social
enterprises are already adept at raising
money through crowdfunding – think
of donation-based tools like Network
for Good or zero-interest microfinance
platforms like Kiva. What the JOBS Act
will do is allow micro-investors to
purchase a stake in the venture.
Many social enterprises already
have benefited from donationbased crowdfunding platforms,
and they are looking forward this
new opportunity to attract impactminded investors. Two such companies
guest-posted on the White House blog,
and their founders attended the JOBS
Act signing ceremony: Stockbox
Grocers builds tiny grocery stores in
urban “food deserts,” while LuminAID
Lab manufactures solar-powered lights
for disaster relief. Both companies
stress the power of crowdfunding to
connect social enterprises with their
communities and customers.
At a time when nonprofits are
struggling for revenue, as charitable
donations have slowed and government
budgets are tight, the social sector
needs to find new strategies to attract
resources. The Obama Administration
has taken some important steps
toward this end, developing policies
and programs to unlock capital and to
increase investment. For example, the
Administration launched the Social
Innovation Fund to provide growth
capital to high impact nonprofits. In
two years, it has catalyzed nearly $400
million toward communities’ solutions.
The U.S. Treasury Department
recently updated the example Program
Related
Investments,
providing
guidance that should facilitate the flow
of impact investing from foundations
and
philanthropists
to
support
businesses and nonprofits pursuing
charitable purposes.
Building
on
this
momentum,
crowdfunding
offers
tremendous
promise. Some believe that it has the
potential to revitalize underserved
communities by improving access to
capital for small businesses. As the
leader of a major group representing
Main Street microenterprises recently
wrote, “Given the tremendous demand
for credit among microbusinesses
and
entrepreneurs,
crowdfunding
offers real promise for underserved
business entrepreneurs and may allow
the organizations that serve them the
ability to reach even deeper into the
entrepreneurial community.”
To be clear, investment-based
crowdfunding is not legal just yet.
Congress required the Securities and
Exchange Commission (SEC) to write
new rules of the road for crowdfunding,
which will be finalized in 2013. Some
open questions include the following:
• Any company raising money through
crowdfunding must use an SECregulated intermediary. How should
these intermediaries be required
to educate investors, safeguard
investor privacy, reduce the risk of
fraud, and ensure other investor
protections?
• In any given year, investors are
limited in the total amount they
can invest across all crowdfunding
investments (5% of annual income
or net worth if less than $100,000,
or 10% of annual income or net
worth if greater than $100,000). How
should intermediaries be required to
verify that investors stay within these
limits?
• What disclosures should be required
of the companies raising money
through
crowdfunding,
above
and beyond those spelled out by
Congress?
The SEC has invited members of the
public to submit comments to inform
their rulemaking. These comments
could include considerations unique
to social enterprises, along with
those investors willing to trade some
financial return for greater social or
environmental benefits. 
Crowdfunding:
Four Changes
in the Next
Generation
C
rowdfunding began as a social
experiment and has been
validated by thousands of
consumers in a short period of time.
New data suggests that this type of
funding has facilitated more than $1.5
billion in global business transactions.
Crowdfunding is known as an individual
contribution for non-monetary benefits.
In spite of the recent success of
websites like KickStarter, most Internet
platforms were designed as places to
discover odd products. Now, they are
seen as capital formation entities that
help entrepreneurs bring new products
to the market.
Source: TheDailyCrowdsource.com
C
rowdfunding is asking a crowd
of people to donate a defined
amount of money for a specific
cause, project in exchange for various
rewards.
There are three general categories
crowdfunding can fall under: Equity,
Donation, and Debt.
• Equity-based
crowdfunding
is
asking a crowd to donate to your
business or project in exchange for
equity.
• Donation-based crowdfunding is
asking a crowd to donate to your
project in exchange for tangible,
non-monetary, rewards such as an
ecard, t-shirt, pre-released CD, or
the finished product.
• Debt-based crowdfunding is asking
a crowd to donate to your business
or business project in exchange for
financial return and/or interest at a
future date.
a continuous feedback loop.
3. Creativity and inspiration will
be supported by organizations and
individuals. Community support will
continue to pour into crowdfunding
and will compete with individual
contributions. Donors.org highlights
this trend. The site has recently shifted
its focus from individual to corporate
clientele.
4. Benefits-based funding will
enhance equity-based approaches.
Both platforms address distinct
areas, and they can mutually coexist.
The
community-based
platforms
will ultimately serve as a vessel for
investors and entrepreneurs.
It does not matter if you are a
consumer or supplier, crowdfunding is
sure to be influential in the future. 
The Good
• Crowdfunding is useful for a
variety of opportunities, whether
fundingraising for disaster-releif,
creative projects, creating a salable
product, or creating a start-up.
• Crowdfunding platforms allow you
to market your project, generate
interest, and recieve funds.
• Crowdfunding backers can provide
useful feedback about your project.
• Once you get a sollid base of support,
there is no limit to the amount of
projects you can fund.
The Bad
• Crowdfunding your project exposes
your ideas protential copycats.
• Crowdfunding platforms may limit
the amount of funds you can recieve.
• Crowdfunding
regulations
and
taxation can be difficult to work with.
The Excellent
• Crowdfunding is not limited to
certain kind of project , there is no
discrimination! Only great ideas!
• Crowdfunding can be fast, efficient,
and effective if done right..
• There can be little risk involved
compared to other business ventures
• The more creativity and fun you have,
the more likely you’ll get funded. 
Kim Anthony is a crowdfunding
coach, consultant and author of
“Crowdfund Your Dreams: The
Definitive Guide to Raising Seed
Capital Through Crowdfunding.”
She is also the producer of Crowdfund
L.A. Summit and founder of
UrbanAngelFunding.com, the first
and only crowdfunding platform that
is specifically dedicated to serving
communities of color.
For more information call 310-7736140.
Business
Here are four ways that the funding
will continue to change:
1. Vertical platforms are slowly
emerging and will start to focus on
select segments. This phenomenon
has already been seen in the boutique
stores that cater to mobile apps, gaming,
film, science and photojournalists.
Specialized platforms are most likely to
thrive in the fertile conditions that have
an obvious funding gap. Some sites
are even devoted to aiding small towns
in the disaster recovery process.
2. The platforms will evolve into
full-service sites. Engaging individual
users on a personal basis will continue
to foster the development of sites
and encourage expansion. This
effort is already in place on sites like
KickStarter and IndieGogo. Both
sites focus on the user experience and
offer a variety of resources that enable
Crowdfunding:
The Good.
The Bad.
The Excellent.
Minority-Owned Businesses Come
Up Short in Access to Capital: It’s
Time to Change the Equation for
MBEs
I
starting a viable business is most
feasible for high net-worth individuals.
Whether invested directly into small
businesses or used as collateral to
obtain loans, high wealth levels make
it easier to fund a startup. Again,
entrepreneurially inclined AfricanAmericans and Latinos find themselves
at a disadvantage as their wealth levels
are generally lower than whites.
Obtaining
financing
can
be
challenging for any young firm, but
because minority-owned firms face
additional obstacles, their chances
of success can be compromised.
Adequate
capitalization
provides
young ventures a buffer against the
liabilities of newness. As they establish
administrative procedures, define their
institutional identity, and gain credibility
with customers and suppliers, startups
with greater access to capital are
better equipped to survive the learning
process. Without such a buffer, poorly
capitalized firms may not survive an
unexpected shock and be forced to
close before they become sustainable.
Easing the credit constraints that
impede MBEs must be a national
priority. The payoffs are substantial
and long-term for business owners,
their employees, customers and the
communities they serve.
Bank small-business discriminatory
lending practices coexist with laws
prohibiting such discrimination, but
the regulatory authorities charged with
enforcing such laws at the national
level have chosen not to act. The
problem, as we see it, lies primarily in
a lack of political will. Bank regulatory
authorities and the U.S. Department of
Justice must start enforcing the laws
[1]
http://papers.ssrn.com/sol3/papers.
cfm?abstract_id=1989448
http://papers.ssrn.com/sol3/papers.
cfm?abstract_id=1028775
http://www.mbda.gov/sites/default/
files/DisparitiesinCapitalAccessReport.
pdf
Business
n America, the land of opportunity, it’s
increasingly clear that opportunities
to acquire capital come more readily
to some subsets of entrepreneurs than
others. Limited access to financing
restricts the ability of minority
business enterprises (MBEs) to
achieve viability, generate new jobs
and, in general, fulfill their potential
to contribute to the development of
communities in which they operate.
Based on our research[1], MBEs rely
more heavily on financial institutions
for loans than all other borrowing
sources combined. However, when
compared to white-owned firms, MBEs
typically encounter higher borrowing
costs, receive smaller loans and see
their loan applications rejected more
often. Black- and Latino-owned MBEs
are the most likely to experience such
negative results. Although lower owner
net worth, credit ratings, firm age, size
and other risk factors account for some
of the differences in access to credit,
studies consistently show that blackand Latino-owned firms with identical
firm and owner traits (other than race)
and credit histories gain less access to
bank credit than matched white-owned
firms.
The borrowing challenges are
compounded for MBEs operating in
minority neighborhoods. Absent bank
loans, the firms rely on consumer
forms of credit – most often credit card
balances – and informal sources that
provide smaller loans at higher costs.
Tightened credit market conditions
since 2008 have further complicated the
borrowing efforts of MBEs, weakening
their growth and profitability potential.
There’s no arguing the fact that
that are already on the books.
Greater access to affordable loans
from financial institutions would:
• lower barriers to entry and expansion
faced by MBEs, which are very
costly to U.S. productivity, especially
as minorities represent an increasing
share of the total population;
• enable MBE employers to strengthen
their balance sheets, improve
their credit ratings and lessen their
reliance on more expensive forms
of consumer credit like credit-card
balances
• equip cash-strapped MBEs to
pay their bills in a timely manner,
enhancing their credit ratings and, in
turn, increasing their access both to
bank loans and trade credit extended
by suppliers;
• force fewer firms out of business due
to illiquidity; and
• allow firms to capitalize on
opportunities to expand and better
compete for new clients.
A financially stronger MBE community
would experience faster growth and
create new jobs. Since MBEs are
geographically concentrated in minority
neighborhoods and often cater to local
shoppers, new jobs created would be
filled largely by minority employees,
extending the benefits into communities
plagued by high unemployment and
underemployment. Likewise, existing
jobs would be preserved as expanded
loan availability rescues MBEs from
their liquidity problems. Finally,
aspiring entrepreneurs who observe
the improved access to financing may
be encouraged to enter into business
ownership at higher rates.
The potential of today’s minority
business community will be fully
realized only when the capital access
barriers are overcome. Only with a
level playing field can entrepreneurs,
regardless of race or ethnicity, compete
fairly, based on the skills, ingenuity
and resourcefulness they bring to the
game. 
Tech Tools:
How People Use Their
Smartphones [Infographic]
Business
Timothy Alan Simon,
Advocate for Small Business
Owners and Underserved
Communities
C
ommissioner Timothy Alan
Simon serves on the California
Public Utilities Commission
(CPUC). Commissioner Simon was
appointed to the CPUC by the then
Governor Arnold Schwarzenegger.
As a one of five Commissioners,
Commissioner Simon is responsible
for regulating privately owned electric,
natural
gas,
telecommunications,
water, railroad, rail transit, and
passenger transportation companies.
He also serves the public interest by
protecting consumers and ensuring the
provision of safe, reliable utility service
and infrastructure at reasonable rates,
with a commitment to environmental
enhancement and a healthy California
economy.
Commissioner Simon is committed to
small business enterprises and General
Order 156 – the CPUC’s Supplier
Diversity Programs for investor-owned
utilities; and to the communities in
which he serves. Because of his public
service commitment, Commissioner
Simon has netted numerous awards
recognizing him for his leadership. At the
Black Business Association Dinner
in 2011, Gwen Moore, the author of
General Order 156 and Chairperson
of the BBA, presented Commissioner
Simon with the Chairperson’s Award
for his outstanding leadership on
the CPUC. Most recently, he was
awarded the National Association of
Securities Professionals Maynard
Jackson’s Pacesetter Award. This
award is given to the individual who
insured the full involvement and
participation of diverse financial firms
within the investor-owned utilities. He
also
received
the
prestigious
One Million New
Internet
Users
award known as
“El
Promotor.”
This award is given
to individuals for
their engagement
in technology.
Commissioner
Simon
has
presided
over
n u m e r o u s
decisions
of
the CPUC affecting Californians,
including a recent decision that passed
unanimously by the CPUC adopting a
new financing rule. This decision moves
utility financing activities towards a
more accurate reflection of California’s
growing diverse ratepayer base, and
it promotes the full involvement of
diverse firms in financing transactions.
A signature program of Commissioner
Simon is known as “New Connections.”
Under his leadership, the program was
established as a collaborative between
the CPUC, women, minorities, and
service disabled veterans’ business
enterprises, and investor-owned utilities
with a transactional focus to increase
procurement. New Connections has
held quarterly symposiums covering
topics including diverse financial
services, certified public accountant
services, clean technology, and legal
services. Commissioner Simon has
held more than 17 such events. The
program has helped to shape the focus
on the investor-owned utilities. Last
year, these utilities reported more than
$7 billion in procurement spend with
diverse businesses.
Commissioner Timothy Alan Simon
has established himself as a formative
leader, a leader for our time. 
Business
NASA’s Curiosity Rover Scores
Touchdown on Mars
A
fter eight years of planning and
eight months of interplanetary
travel, NASA’s Mars Science
Laboratory pulled off a touchdown of
Super Bowl proportions, all by itself. It
even sent pictures from the goal line.
The spacecraft plunged through Mars’
atmosphere, fired up a rocket-powered
platform and lowered the car-sized,
1-ton Curiosity rover to its landing spot
in 96-mile-wide (154-kilometer-wide)
Gale Crater. Then the platform flew off
to its own crash landing, while Curiosity
sent out a text message basically
saying, “I made it!”
That message was relayed by the
orbiting Mars Odyssey satellite back
to Earth. A radio telescope in Australia
picked up the message and sent it here
to NASA’s Jet Propulsion Laboratory.
Because of the light-travel time
between Mars and Earth, throngs
of scientists and engineers — along
with millions who were monitoring the
action via television and the Internet
— celebrated Curiosity’s landing 14
minutes after it actually occurred.
Even the engineers who drew up
the unprecedented plan for the landing
admitted that it looked crazy. But the
plan actually worked.
Minutes after the news of the
landing broke, commentator Allen
Chen brought more good news: “We
have thumbnails!” Odyssey delivered
pictures showing the view from hazard
avoidance cameras mounted on the
rover.
Super Bowl pride
The touchdown marked a $2.5 billion
triumph for what Doug McCuistion,
director of the Mars Exploration
Program at NASA Headquarters,
called “the Super Bowl of planetary
exploration.”
Curiosity’s
primary
mission is scheduled to last one full
Martian year, or almost two Earth years
— but scientists hope the nuclearpowered rover will keep going for years
longer than that.
The successful landing sparked a
swell of American pride for the mission
team as well as for NASA and the White
House. The biggest heart-swelling
moment came during a post-landing
news conference, when the blueshirted team behind Curiosity’s entry,
descent and landing marched through
the packed auditorium and high-fived
their leaders.
“EDL! EDL!” the flag-waving troop
chanted, but it might as well have been
“USA! USA!”
President Barack Obama’s science
adviser, John Holdren, said that
see USA Goes to Mars on page 55
Administrator
Charles
Bolden (left)
congratulates
NASA
Associate
Administrator
for the Science
Mission
Directorate
John M.
Grunsfeld
after the
Mars Science
laboratory
rover Curiosity
successfully
landed on
Mars, Sunday,
Aug. 5, 2012.
USA Goes to Mars
from page 54
www.msnbc.msn.com/id/48511087/ns/
technology_and_science-space
NASA Announces $1.1
Billion in Support for
a Trio of Spaceships
N
ASA has committed $1.1 billion
over the next 21 months to
support spaceship development
efforts by the Boeing Co., SpaceX and
Sierra Nevada Corp., with the aim of
having American astronauts flying once
http://cosmiclog.nbcnews.com/_
news/2012/08/03/13103192-nasaannounces-11-billion-in-support-for-atrio-of-spaceships?lite
NASA will provide further support for the development of the Boeing Co.’s CST-100 capsule (left), Sierra Nevada Corp.’s
Dream Chaser space plane (middle) and SpaceX’s Dragon capsule (right).
Business
if anyone had any doubts about
American technological leadership,
“there’s a one-ton, car-sized piece of
American ingenuity, and it’s sitting on
the surface of Mars right now, and it
certainly should put any such doubts to
rest.”
Obama himself issued a late-night
statement via Twitter: “Tonight, on
planet Mars, the United States of
America made history. I congratulate
and thank all the men and women
of NASA who made this remarkable
accomplishment a reality.”
NASA
Administrator
Charles
Bolden said the successful landing
marked a significant step toward the
Obama administration’s vision of
sending astronauts to Mars and its
moons in the 2030s. “The wheels of
Curiosity have begun to blaze the trail
for human footprints on Mars,” Bolden
told reporters. 
more on American spacecraft within
five years. The space agency is setting
aside $460 million for Boeing, $440
million for SpaceX and $212.5 million
for Sierra Nevada.
The next phase of NASA’s
commercial spaceflight effort — known
as Commercial Crew Integrated
Capability, or CCiCap — calls for
these three companies to take their
design and testing program through
a series of milestones by May 2014.
Optional milestones could lead to
crewed demonstration flights in later
years.
NASA wants to have at least one
commercial space taxi carrying
astronauts to and from the International
Space Station by 2017. The three
companies say they can meet or beat
that schedule, provided that they
continue to receive NASA support.
NASA
Administrator
Charles
Bolden told reporters that the space
taxi program “is a top priority of the
Obama administration.” In the wake of
last year’s retirement of the shuttle fleet,
the space agency has had to depend on
the Russians to fly American astronauts
at a cost of roughly $60 milllion a seat.
He said the move to U.S. commercial
transport would guarantee “that we
never find ourselves in the situation
where we find ourselves today,” at the
mercy of a sole provider. 
City of Los Angeles
Business Inclusion
Program
The City of Los Angeles is striving to
increase the participation of small,
emerging, veteran, women and
minority-owned businesses in City
contracts.
All City departments utilize the City’s
electronic marketplace, Los Angeles
Business
Assistance
Virtual
Network (www.labavn.org), to post
all opportunities subject to advertising.
We encourage business owners
to register on www.labavn.org to
receive notifications of contracting
opportunities as well as updates on
implementing the program.
Visit www.losangelesworks.org for
additional information regarding doing
business in and with the City of Los
Angeles.
Mayor’s Office of Economic
& Business Policy
San Diego World Trade Center
“Access China 2012”
September 5-13, 2012
www.wtcsd.org/asia-desk/access-china-2012
ORLD TRADE CENTER San Diego, with the
support of the California State Trade and Export
Promotion (STEP), is leading a trade mission
to China (September 5-13, 2012) to promote California
exports. The delegation will participate in the 16th Annual
China International Fair for Investment and Trade (CIFIT)
in Xiamen. USDOC’s U.S. & Foreign Commercial Service
staff in China will provide briefings and support.
The remainder of the trade mission includes trips to three
(3) dynamic cities in the prosperous Yangtze River Delta:
•Nanjing
•Changzhou
•Shanghai
W
• Develop export markets and business opportunities in
southern and eastern China, two major hubs for China’s
commerce and industry
• Provide exposure for your products and services to visitors
from all regions of China and the world during CIFIT
• Attend CIFIT’s investment and trade seminars/forums
• Gain access to key players and business leaders in China
through pre-arranged meetings and matchmaking services
• Minimize your costs and time with our travel logistics
services and pre and post-fair assistance
KEY BENEFITS
OPPORTUNITY COST OF GOING SOLO:
• Qualified California SMEs are eligible to receive $1,000
towards their trade mission participation
• Join business/government leaders from throughout
California
• Pre-arranged matchmaking meetings in each city
• Harness the World Trade Center Association’s global
network for facilitating international trade
WTCSD Trade Mission: $5,500
Individual Trip Estimate: $10,300+
For questions, or additional information,
please contact:
Ethan Devine, Asia Desk Manager
WORLD TRADE CENTER San Diego
(619) 615-0868
[email protected]
Business
SERVING THE INDUSTRY and the TRADE
PIPE - VALVES - FITTINGS - METALS - TOOLS
PROCESS CONTROLS - INSTRUMENTATION - WATER WORKS
Brandon Supply Corporation is a world class distributor of industrial supplies.
Brandon has been proven to be a dependable source of supply to the petrochemical,
power generation and waterworks industries providing fast and reliable service.
Brandon, in maintaining the policy of selling only superior
products, represents only the nation's top manufacturers.
SBA CERTIFIED
We offer a full range of valves for all piping applications,
pressure tubing in all sizes and schedules, a complete line of fittings,
flanges and couplings in all metallurgies.
We also offer a full range in PVC, HDPE and other materials.
Clarence D. Scott, CEO
CORPORATE HEADQUARTERS
14120 Gannet Street
Santa Fe Springs, CA 90670
MAILING ADDRESS
P.O. Box 5354
Buena Park, CA 90623
Phone: 562-921-0407 | FAX: 562-921-5945
800.238.5906 (Outside California)
www.brandonsupply.com | [email protected]
ALL MAJOR CREDIT CARDS ACCEPTED
We are very excited to
announce the
collaboration between
Caltrans Construction
Money
for
You
Can
MEAN
El Camino College offers the training and advising
you need to enhance your ability to bid for and WIN
state highway construction contracts.
Now is the time to get bid ready with assistance
in the areas of procurement, personnel, cash flow,
marketing and more!
Appointments with a business advisor are available at
the SBDC at no charge to you. For more information,
call the SBDC at 310.973.3177.
Be sure to attend the free Economic Stimulus event
on Thursday, November 19, 2009, in the City of
Compton to learn more about stimulus opportunities
available from Caltrans and other state and federal
agencies. Visit californiasbdc.org for details.
Small Business Development Center
Hosted by El Camino College
13430 Hawthorne Blvd.
Hawthorne, CA 90250
310.973.3177
southbaysbdc.org
Artwear
Handpainted Handbags • Skirts
Tees • Accessories • Calendars
Wall Hangings and More!
http://gbabysworld.blogspot.com
[email protected] or
[email protected]
Find Gbaby Products at the “Collective”
http://www.atthecollective.com
280 Elizabeth Street, Atlanta, GA
Cultural
Interiors West
&
Cordially
Invited
in the Pico Fairfax Area.
Cultural Interiors West
5573 West Pico Blvd.
Los Angeles, CA 90019
Check out our diggs inside
a 1934 Bungalow.
Stop by and experience
our exciting array of
products from
Cards to Cupcakes,
African Masks to
Asian Teacups.
Come taste and educate
yourself about the benefits
our new
Healthy Herbal Teas.
See the new Gourd Purses
by 3G Relative Art.
Sample our new candle
scents by Votivo and
Voluspa.
Watch for the arrival of CI’s
new furniture line.
Hope to see you soon!!!
In the meantime visit us on
Facebook
www.facebook.com/
pages/Cultural-InteriorsWest/140688362658236
OFFICE
FURNITURE
LA
The Office Furniture team
you’ve always trusted is still in
your neighborhood!
Greetings!
If you’ve known and trusted the Office
Furniture LA brand, then you’ve known
and trusted Frank Denkins. You have
kept Frank in business over the years
because you’ve experienced his integrity
in providing quality products and delivering
it with excellence and grace. Frank would
like to acknowledge your support. Visit
his newly renovated facilities at 7625
Crenshaw Boulevard in Los Angeles.
Ergonomics of Sitting
One common complaint from office
workers everywhere is back fatigue
and sometimes, back pain from bad
seating posture. Office Furniture LA
provides ergonomically designed seating
solutions for maximum back support.
When you need it in a hurry!
Frank and the Office Furniture LA Team
can get your office up and ready in grand
style, practically overnight!
323-750-6206
www.laofficefurniture.com
Honor National Sisters Day with Flowers! YES!!
Technology:
Take a Look!
by LaSandra Stratton
Check out what these firms and organizations have to offer for your personal interests, personal wealth building, and
business expansion opportunities.
www.triposo.com
At Triposo we make the best travel guides (over 8,000 destinations) for your iOS or Android mobile device using algorithms. What we end up with is a complete overview of the
things to see and do, places to eat and to go out, all ordered
by relevance
from a
traveler’s perspect i v e .
Downl o a d
the app
f r o m
your Appstore.
We crawl data from the web, apply some clever algorithms
and fully automatically generate travel guides of high quality that cover the entire world. We use data from World66,
Wikitravel, Wikipedia, Open Street Maps, TouristEye,
Dmoz, Chefmoz and Flickr. Where we find incorrect data,
we try to contribute back of course. From each source we
try to extract information about the places like villages, cities and countries, and the points of interest (restaurants,
museums, shops, trees, etc). Once our algorithms have
determined which points of interest are most important, we
start creating guides for countries and cities. We combine
the descriptions from open sources with maps made using
data from the Open Street Map project and there you go: a
complete travel guide comes out.
fully prepared so you can just snap components together
like Lego in your web browser.
Babycad is available as a Free Tool and as a Pro Tool for
a monthly fee.
www.safeshepherd.com
Safe Shepherd finds and removes your family’s personal
info from websites that sell it. We’ll scan across the internet
TANZANIA
Babycad is the latest web design tool for exhibition professionals. It lets you play with exhibit design ideas in a web
page. It’s free and incredibly easy-to-use. Babycad concentrates on enabling booth designers to respond rapidly
to enquiries. In today’s ‘instant gratification’ marketplace,
the positive impact Babycad will have on your business
can be profound.
In Babycad we’ve brought together the award winning 3DStandards™ exhibition design software with the Babycad
set of virtual 3D exhibition products. Each model is care-
www.giveforward.com
GiveForward pages empower friends and family to send
love and financial support to patients as they navigate a
medical crisis. Start a GiveForward page today and ease
the burden of your loved one’s out-of-pocket medical expenses.
For Donors:GiveForward makes it really easy and safe
to support a favorite cause or a loved one in need. We
use the latest encryption technology to make sure your information is secure. And, we never give out your contact
information unless you decide you want to share it with the
beneficiary. 
Submitted by LaSandra Stratton, Chief Content Administrator of
the Black Business News.
Business
http://babycad.com
for your personal information which has been made public
or is being sold. Then easily remove records which violate
your privacy, are risky, or are inaccurate. We’ll do all the
work.
You’ll receive real-time alerts when your personal info
appears on the web, whether you put it there or not.
Sign up for Free. Select the business model that suits
your needs - always free, monthly or annual fee.
SEPT. 12-13
FIND DETAILS AND REGISTER AT
WWW.LACHAMBER.COM
Don’t miss this opportunity: You too can do business with
Canada, Mexico, Brazil, Colombia, Peru and other growing Latin
American markets without leaving California.
EARLY BIRD SPECIAL: $199
After Aug. 15, registration is
$250 for the two-day forum
or $150 for the conference on
Sept. 12 only.
Wednesday, Sept. 12 – Learn what to do
and what not to do when doing business
in the Americas, and hear about the Asian
presence in the region. Participate in round
table discussions on economic and political
assessments; legal considerations; finance
and logistics. Includes continental breakfast
and lunch.
Thursday, Sept. 13 – Individualized one-onone meetings with U.S. Senior Commercial
Officers representing the commercial and
industrial interests of U.S. firms in the Americas.
Business Development
Building Your Business for Success:
The Importance of Ownership
O
ne of the keys to economic independence for African American business owners is the acquisition and
ownership of commercial real estate. By controlling the buildings and land that house the means of generating
revenue, an entrepreneur can better attain the goal that underpins what being in business is all about:
maximum self-determination.
With interest rates now at historically low levels and the economy growing at a slow pace, now is a prime time for many
business owners to consider the purchase of commercial real estate. The benefits and drawbacks to commercial real
estate ownership vary from business owner to business owner, but potential buyers should educate themselves about the
obvious and sometimes hidden benefits to the ownership of a commercial property. Below are some of the major benefits
to real estate ownership, versus leasing a commercial space.
Tax Deductions
Added Value To Business
For many Black business owners, a primary benefit of
commercial real estate ownership is the tax deductibility
of property that can be taken on the interest portion of
the monthly commercial loan payment. These
deductions can be substantial and each business owner
should consult a qualified tax specialist about his or her
unique situation.
Unlike some residential loans, many commercial loans are
assumable. This makes the business and its real estate much
easier for a buyer to acquire, and enhances the value of the
business tremendously.
Equity Appreciation
On average, commercial real estate properties will
appreciate about two to three percent above inflation
over the long term. Paying rent provides no
appreciation or equity. Quite candidly, the BBA has
members who have been paying rent for a decade or
more, with no equity accrued and never having
positioned themselves to benefit from any hope of
equity appreciation. Using some of the most
conservative estimates, potential equity appreciation
can result in significant financial gains over a period of
decades.
A Retirement Fund
Through various circumstances, many minority and
small business owners will not receive a pension when
they decide to retire. In such cases, the equity
appreciation on commercial property can be
significant. An owner can decide either to sell the
property upon retirement to cash in on equity
appreciation, or lease the property to another business
for a continuous retirement income stream. In fact, in
some situations, a business owner may be able to lease
out an unused portion of the property, such as a spare
office, before retirement for additional income.
No Taxes To Pay On Your Rent
When a business leases its real estate, sales tax is paid on
the rent paid to the landlord. When you own the real estate
there is no tax to pay on the rent. The savings can be
significant.
Easy Access To Financing
Historically-low, thirty-year fixed interest mortgage rates are
now available for owner-occupied commercial properties.
Furthermore, there are flexible interest-only options from
which entrepreneurs can benefit. In fact, in some instances,
with strong financials a business owner may qualify for loan
financing up to 100% of the purchase price for commercial
real estate. A business owner should consult an experienced
commercial mortgage adviser before making an offer on a
commercial property, so that in addition to the tangible
benefits outlined above, the business owner will have the
satisfaction that only comes with property ownership. Truer
words have never been spoken: “God bless the child that’s
got his own”.
The Black Business Association will soon launch a program
to assist African American business owners in acquiring
commercial and industrial real estate.
Researchers Have
Discovered The Achilles’
Heel Of HIV
myhealthnewsdaily
O
Though this discovery only explains
the virus’s tricks during the early stages
of infection, it may help researchers
understand how the virus continues
to evade the immune system well into
infection.
The researchers based the study on
their previous research, which showed
that early stages of HIV infection
impaired the human immune system’s
response.
The discovery of proteins in the
virus is critical for developing HIVantiviral drug treatments, because the
virus is constantly adapting to become
resistant to current medications, Gale
said. 
www.businessinsider.com/proteinenables-hiv-to-thwart-the-immunesystem-2012-7
Quote of Note...
“NASA’s success reminds
us that our preeminence –
not just in space, but here
on Earth – depends on
continuing to invest wisely in
the innovation, technology,
and basic research that has
always made our economy the
envy of the world.”
Locations:
Downtown Culver City:
9537 Culver Blvd.
310-202-5453
City of Compton:
2600 E. Alondra Blvd.
310-638-7871
www.honeyskettle.com
President Barack H. Obama
Open Sunday-Thursday 11am-10pm
Friday-Saturday 11am-11pm
Community/Public Interest
ne reason the human body
cannot fight off an HIV infection
is because a single protein
the virus produces thwarts human
defenses, a new study says.
When HIV enters the human body,
it produces a protein called vpu that
directly combats a critical defense
protein of the human immune system,
the study showed.
Normally, this immune system protein
stops invading viruses from replicating
and spreading throughout the body. But
vpu disables this defense mechanism,
allowing HIV to invade.
When the researchers genetically
engineered the virus to lack vpu,
human immune system cells could fight
back against the virus, the researchers’
experiments with cells in lab dishes
showed.
“We have effectively identified a new
Achilles heel in the arsenal that HIV uses
to overcome the defenses present in the
body’s immune system,” said Michael
Gale, an immunology professor at the
University of Washington in Seattle.
“This knowledge can be used to design
new HIV antiviral therapeutics.”
The Next Big Steps in Robotic Surgery
This is part of a 30-part series called “Game Changers.” This special series investigates
the most remarkable advancements in science, energy and health — and how they
will impact the way we live. This series is brought to you by Samsung’s Galaxy S3.
R
obotic surgery, the amazing
technology that allows surgeons
to operate on patients with
greater efficiency and precision via a
surgeon-controlled robotic device, is
poised to change the nature of surgery
forever.
Here’s what the future of robotic
surgery might bring:
Tele-surgery
Doctors are anticipating the growth
of tele-medicine and long-distance
operations, where a doctor could
conceivably operate on a patient in
another city, state, or even a different
continent. Practically, this would mean
that surgical centers would be set up
in different parts of the world and a
doctor could go to a surgical center and
sit in a control console while a patient
in a different surgical center would be
operated on by a robot controlled by
that doctor.
Already a long-distance operation
was performed via robotic surgery
between New York and Strasbourg,
France, in 2001. The surgery, which
was dubbed “Operation Lindbergh” for
its pioneering qualities, was performed
successfully, but there was a delayed
lag time that made this long-distance
surgery impractical. However, as the
internet becomes faster and bandwidth
becomes cheaper, this will undoubtedly
change.
Dr. Michael Palese, a urological
surgeon and the Director of Minimally
Invasive Urology at Mount Sinai
Hospital in New York City, specializes
in robotic, laparoscopic and endoscopic
surgery and performs over 800 surgical
procedures each year--many of which
he uses the robot for.
“In the future there will be telemedicine, where you can operate
on someone somewhere else in the
world,” Palese said. “I don’t think that’s
far-fetched
science
f i c t i o n
anymore. I
think that I’ll
see that in
my lifetime.”
Palese
added that
the growth
of
telemedicine will
also mean
a
higher
level
of
competition
between
doctors who
are
vying
for surgical
bids.
This
could mean
that doctors
in
places
like
India
and China
could
be
competing
with doctors
in America
and Europe.
This would
raise the bar and push surgeons to be
the very best in the field.
Single-Incision “Snake Hole”
Ports
The other possibility that we could
see in the future is the single-incision
port, where a doctor could make a tiny
incision--perhaps through a patient’s
bellybutton--and then insert the snakelike arms of the robot through that
incision. Currently, the robot makes a
few small incisions, through which its
slender robotic arms are inserted.
“The next generation of this
technology will mean that you put
one little hole in the patient and then
put snake-like arms through that
hole,” Palese said. “That will be a real
technology buster. That would change
the nature of surgery forever.”
30 Innovations That Will
Change The World
Track other innovations by visiting:
www.businessinsider.com/30-gamechanging-innovations-2012-8 
www.businessinsider.com/robotic-telesurgery-and-snake-holes-2012-7
Celebrate the Summer
Games at Your Local Let’s
Move! Olympic Fun Day
About Let’s Move! Meetups Everywhere
3,775 Movers  983 cities
Let’s Move! has a national goal of solving the problem of
childhood obesity within a generation.
We want to spark face-to-face meetings and activities to
find local solutions. A Let’s Move! Meetup is flexible -- i.e. a
discussion, a physical activity in the park or a healthy cooking
class -- just be sure to include the details in the event notes.
It’s going to take all of us to tackle the challenge, so Let’s
Move! to end the epidemic of childhood obesity together.
F
irst Lady Michelle Obama is
leading the U.S. Delegation to
the 2012 Olympic Games and
she’s calling on families around the
country to support Team USA, not just
by cheering on our athletes, but by
getting active in their own communities.
Saturday, July 28th is the first day
of the competition in London. We’re
calling on families around the country
to join us by participating in an existing
“Olympics-inspired” Meetups in your
neighborhood or by planning one of
your own.
Plan your local Let’s Move! Olympic
Fun Day Meetup.
Missed the
Olympic games time period? Plan a
Fun Day Meetup for the kids in your
neighborhood anyway. Visit www.
meetup.com/lets-move for guidelines
and ideas.
www.letsmove.gov
Operation HOPE and Gallup
Announce Launch of the
America 2020 Campaign
F
Index” in February of this year, as
the company’s flagship intervention
program to stem the high school dropout rate and promote entrepreneurship
in America.
“HOPE Business-in-A-Box (HBIAB)
will unlock the entrepreneurial energy
residing dormant among the 30
million middle school and high school
students who are the future leaders
of America and the bench strength for
the playoff game of our lives as the
country competes in the global war for
jobs,” said Taylor. “The America 2020
Campaign will raise $10M in operating
capital enabling the national roll out of
HBIAB over the next three years. “
HOPE Business-in-A-Box consists
of 25 business all $500 dollars or
less easy to start, fund and operate
entrepreneurial endeavors designed
for youth. The core difference maker
for HBIAB is the active engagement
between the student and his/her HBIAB
business role model.
“The big failure of our leadership in
America is that only 5% of the 30 million
middle school and high school students
inancial
dignity
nonprofit
Operation
HOPE
(www.
operationhope.org) and Gallup,
(www.gallup.com) the co-creators
of the Gallup HOPE Index, today
announced the launch of the America
2020 Campaign, a national campaign
to crush the high school dropout rate
and unlock the entrepreneurial energy
residing dormant among the 30 million
middle school and high school students
in the US.
“The campaign will be led by America
2020 Campaign Chairman, Landon
V. Taylor, Vice President of Business
Development for CoreLogic Dorado
and Co-Chairman of the Gallup-HOPE
Index Advisory Board,” said John Hope
Bryant, Operation HOPE founder,
chairman and chief executive office.
“With the passion and relentless drive
that Landon brings to the campaign,
the America 2020 vision is certain to be
realized.”
Operation
HOPE
introduced
HOPE Business-in-A-Box (www.
operationhope.org/business-in-abox) “Powered by the Gallup-HOPE
are in internships in companies or
organizations. What these future
leaders need are positive business role
models. If city leaders were to change
that 5% to 20%, it would transform the
United States of America more than
anything else ever done in our country,”
said Gallup CEO, Jim Clifton. “HBIAB
and the America 2020 Campaign have
set out a great plan to reach 20%
nationwide by December 2020 and we
at Gallup have pledged our support for
the next 100 years.”
The America 2020 Campaign has
attracted world class supporters and
partners including:
• Endorsed by the White House
Summer Jobs+ Initiative
• Endorsed and announced as
commitment best practice at the
White House Financial Capability
Summit
• Gallup, who has made a 100-year
commitment
• Denver Public Schools as HBIAB
pilot partner
• Oakland Unified School District as
HBIAB pilot partner
• Featured on main stage at former
President Bill Clinton’s CGI America
2012
• BBDO World Wide as designer of the
HBIAB product packaging
• Endorsed by Ambassador Andrew
Young who arranged the Atlanta
pilot to be led by Jean Childs Young
Middle School
Gallup and HOPE began work
together in 2010 to identify hope,
wellbeing,
engagement,
financial
literacy, and economic energy, polling
American students, in an effort to
help educators factor in the voices
of students when tailoring education
curriculum and determining schooling
interventions. Ultimately, this work
stands to become one of most powerful
initial forecasts for the nation’s GDP,
job growth, and overall leadership role
in the world.
In December 2012 the America 2020
campaign will take center stage at the
2nd Annual Gallup HOPE Index Forum
where the companies will announce
the America 2020 founding signature
partners along with the Gallup HOPE
Index 2012 results. 
The Fate of the University
in the YouTube Era
By Wade Roush
T
raditional American universities
are suddenly running scared
of the Internet, and for good
reason. They successfully weathered
the rise of online, open-enrollment
degree programs like the University of
Phoenix, but now they’re confronting a
much more terrifying enemy: YouTube.
Not just YouTube, of course—there’s
also Vimeo (http://vimeo.com) and
5min (www.5min.com) and iTunes U
(www.apple.com/education/itunes-u/)
and TED (www.ted.com) and the
Internet Archive (www.archive.org).
But without YouTube, Sal Khan could
never have turned the remote mathtutoring sessions he began offering to
his cousin Nadia back in 2006 into a
global Internet phenomenon reaching 4
million unique viewers a month. Khan
Academy (www.khanacademy.org) is,
essentially, a creature of the Google
era. The search giant gave the nonprofit its first big grant back in 2010,
and YouTube is still the storehouse for
all 3,200 of its videos, which have been
viewed 170 million times.
The threat to universities is this:
Internet video sharing technology
means that talented people from
outside the education establishment
can make and publish free educational
videos that are sometimes just as
compelling as what’s on offer inside
university classrooms. Universities are
scrambling to respond: this spring’s
unveiling of edX (www.edxonline.
org), a joint online-education venture
between Harvard and MIT, is just
one example. But even as universities
rush to put their lectures on the net,
they’re vying with an explosion of
new online learning resources like
Coursera (www.coursera.org), Dabble
(http://dabble.co), Skillshare (www.
skillshare.com), Udemy (www.udemy.
com), and Udacity (www.udacity.com).
Most are free, and most revolve around
video.
From one perspective, this kind
of competition is healthy and long
overdue. For 40 years now, fouryear universities have been jacking
up tuition and fees at three times the
rate of inflation. They’ve got more
professors and nicer sports stadiums
to show for it, but there’s no evidence
that faculty are more productive or that
students are getting a better education
for their money. If online channels can
deliver college-level material in a more
efficient and exciting way, while at the
same time opening up knowledge to
millions of people who can’t afford
tuition or don’t meet admissions
standards, that’s a great thing, right?
Well, probably. As pricey as our
universities have become, they’re still
the envy of the world. International
enrollment is at an all-time high as
students from China, India, Saudi
Arabia, and other countries clamor for an
American
university
education.
A college
d e g r e e
confers a
significant
w a g e
premium,
a
n
d
provides
s o m e
level
of
insurance against unemployment.
Clearly, students at Harvard aren’t
paying $208,000 in tuition just for
classroom knowledge—they’re also
buying a credential from a brandname institution, not to mention the
professional networking opportunities
that can get them a head start on their
careers. If you put the whole curriculum
online, can you still charge a premium
for these other benefits?
No one knows yet. But universities
have no choice but to experiment.
The point came home to me this
week when I realized just how
aggressively
Khan Academy
is expanding into the “casual
learning” market. This is a genre
that couldn’t have existed before
YouTube. It consists of semiprofessionally-shot videos starring
enthusiastic domain experts who want
to share a bit of their knowledge in an
entertaining way. And it turns out that
two of my favorite casual-learning
series on YouTube—Smarthistory and
Doodling in Math Class—have recently
been absorbed by Khan Academy.
Smarthistory is the creation of Beth
Harris, formerly director of digital
learning at the Museum of Modern Art
in New York, and Steven Zucker, former
chair of the History of Art and Design
at the Pratt School. The two started off
making free audio-guide podcasts for
MOMA visitors, but the project rapidly
expanded into an ambitious multimedia
survey of the history of all art. A typical
episode consists of a video screencast
focused on a single painting or
sculpture—say, Cézanne’s Still Life
with Apples. On the audio track, Harris
and Zucker discuss the artist, the work,
and its place in the canon. The audio
is always recorded live as they’re
standing in front of the actual work, and
they often disagree or talk over one
another, which is part of the fun.
Smarthistory
(http://smarthistory.
khanacademy.org) won a Webby
see Online University on page 81
Online University
from page 80
Award for best education site in
2009, but it was always a low-budget
operation, scraping together funds
from places like the Kress Foundation,
the Portland Art Museum, and even
a
Kickstarter
(www.kickstarter.
com) campaign. Last October, to my
astonishment, Smarthistory merged
with Khan Academy, where Harris
and Zucker now share the title Dean
of Art and History. Their 300 videos
have become part of the Khan course
lineup—in fact, they’re the first Khanbranded videos that aren’t narrated
by Sal Khan himself. In a blog post
about the merger, Khan said the
move represented just a beginning of
a push into arts and the humanities.
That’s a key addition to a curriculum
that’s otherwise extremely heavy on
math, science, economics, and test
preparation.
It was less surprising to find out that
Victoria “Vi” Hart, the creator of the
Doodling in Math Class (http://vihart.
com/doodling) series and many other
fun videos, has also joined forces with
Khan Academy. The holder of a music
degree from Stony Brook University,
and art history. But today they’re in
danger of ceding that role to the new
YouTube celebrities. At any real college,
professors like Harris, Zucker, Hart,
Reich, and Khan would be the stars—
their lectures would be the ones you’d
remember 30 years later. But to hoover
up the knowledge they’re sharing, you
don’t have to enroll anywhere, and you
don’t have to pay a cent.
That’s obviously a bit of a problem
for the old guard of higher learning.
MIT and Harvard are responding with
a $60 million effort called edX, which
will put courses from both universities
online using “massive open online
course” or MOOC (en.wikipedia.org/
wiki/Massive_open_online_course)
technology developed for MIT’s own
online courseware project, MITx. The
prototype MITx course, Circuits and
Electronics, ran from March through
June, and involved a combination of
videos (hosted on YouTube, of course),
an online textbook, an interactive lab,
and a course-wide wiki.
Stanford is going in a slightly different
direction. Rather than launch a rival to
edX, it’s turning to its own faculty to build
education startups, and then partnering
with them. Coursera, founded last
year by Stanford computer scientists
Daphne Koller and Andrew Ng, offers
online versions of 15 Stanford courses,
and announced this week that it has
signed up a dozen more research
universities to contribute material,
including Caltech, Johns Hopkins, and
Duke.
Meanwhile, Stanford roboticist
(and Xconomist www.xconomy.com)
Sebastian Thrun attracted so many
people to his free online course on
artificial intelligence last year (there
were more than 160,000 students
from 190 countries) that he decided to
see Online University on page 82
Hart calls herself a “recreational
mathemusician.” She became famous
(in geek circles, anyway) back in 2010
when she started publishing frantically
sped-up math videos on YouTube,
usually using fanciful characters like
slugcats (felines with long slug tails)
to illustrate obscure-but-fascinating
aspects of geometry. Topics like
fractals and infinite series came alive
through
Hart’s
anthropomorphic
drawings, but that was only part of
what made the videos enchanting.
Throughout, she also sprinkled fairly
barbed criticisms of how deadening
traditional math education can be.
(Why doodle in math class, she asks
in one video? “Maybe you have
an incompetent teacher and it’s
too heartbreaking to watch her
butcher what could have been
such a fun subject full of snakes
and balloons.”) My favorite
Doodling videos are the ones on
Fibonacci numbers, which turn
up with amazing frequency in
the spiraling patterns of leaves
and seeds in many plants.
But as awesome and popular as
these videos were—Hart’s riff on
Infinity Elephants (www.youtube.
com/watch?v=DK5Z709J2eo)
has
been viewed more than 1.5 million
times—they weren’t exactly earning
her a living; she says in one video that
she got by for a long time on speaking
fees. That’s why it was such a perfect
match when Khan Academy hired her
and assigned her to keep going. Now “I
show up at an office and do whatever
I want and get paid for it,” Hart says.
She adds that while her own videos
make nice teasers for cool corners of
mathematics, the Khan curriculum is a
gateway to the deeper technical details.
“I want to share cool stuff you can do
[with math], and it is very important to
be able to amuse yourself in class,” she
jokes. “But when people ask me how
do I go farther than that, how do I get
down some basics, Khan Academy is
such a perfect way to do this.”
There are plenty of other people
making great, free educational videos
on YouTube. One source that came in
extremely handy a couple of weeks ago,
during the hoopla over the Higgs boson,
was Minute Physics, the creation of
animator Henry Reich. His explanation
of how the Higgs field imparts mass
was the best I’ve seen, hands down. As
far as I know, Reich hasn’t taken a job
at Khan Academy yet, but he has fans
who think he should.
My overall point is this: it’s always
been the job of universities to inspire
students to undertake careers in
intellectually challenging fields like
math, chemistry, linguistics, physics,
Online University
from page 81
give up his faculty position to pursue
online education full time. His startup
Udacity now offers 11 MOOCs, from
“Intro to Computer Science” to “Applied
Cryptography.”
But when it comes to Web traffic and
the volume of courseware available,
Khan Academy has a huge lead over
all of these other projects. And since
none of the online courseware projects
are offering actual degrees yet, this is a
space where having a premium brand
name like Harvard, MIT, or Stanford
isn’t such a big advantage.
Just to keep things competitive,
Khan launched an iPad app this
spring offering access to all 3,200
videos. It’s currently ranked 12th in
the
free-education-apps
category
of the iTunes App Store. (Apple’s
own iTunes U is ranked 3rd.) If the
organization keeps expanding to new
platforms, acquiring properties like
Smarthistory and Doodling in Math
Class, and filling out its catalog with
material that’s entertaining as well as
educational, it will be tough to beat.
Stanford president John Hennessy
was right to tell New Yorker writer Ken
Auletta earlier this year that “there’s a
tsunami coming” in online education.
Universities will probably find a way to
survive—as they’ve been doing for a
thousand years—but they’re going to
have to swim for it. 
www.xconomy.com/
national/2012/07/20/can-anyonecatch-khan-academy-the-fate-of-the-uin-the-youtube-era/?single_page=true
Police Using ‘Predictive
Analytics’ to Prevent
Crimes Before They
Happen
By Agence France-Presse
C
rime fighters have long used
brains and brawn, but now a
new kind of technology known
as “predictive policing” promises to
make them more efficient.
A growing number of law enforcement
agencies, in the US and elsewhere,
have been adopting software tools
with predictive analytics, based on
algorithms that aim to predict crimes
before they happen.
The concept sounds like something
out of science fiction and the thriller
“Minority Report” based on a Philip
K. Dick story.
Without some of the sci-fi gimmickry,
police departments from Santa Cruz,
California, to Memphis, Tennessee,
and law enforcement agencies from
Poland to Britain have adopted these
new techniques.
The premise is simple: criminals
follow patterns, and with software —
the same kind that retailers like WalMart and Amazon use to determine
consumer purchasing trends — police
can determine where the next crime
will occur and sometimes prevent it.
Colleen McCue, a behavioral scientist
at GeoEye, a firm that works with US
Homeland Security and local law
enforcement on predictive analytics,
said studying criminal behavior was
not that different from examining other
types of behavior like shopping.
“People
are
creatures
of
habit,” she said.
“When you go
shopping
you
go to a place
where they have
the things you’re
looking for… the
criminal wants to
go where he will
be
successful
also.”
She said the
technology
could help in
cities where tight
budgets
were
forcing
patrol
reductions.
“When police
departments are
laying off more
sworn personnel, they can do more
with less,” she said.
The key to success in predictive
policing is getting as much data as
see Predictive Analytics on page 83
Predictive Analytics
from page 82
system has had a dramatic impact,
allowing Memphis to get off the list of
worst US cities for crime.
“If the data is indicating a hot spot,
we are able to immediately deploy
resources there. And in a lot of
instances we are able to make quality
arrests because we’re in the right area
at the right time,” he told AFP.
that we can plug into.”
While use of such analytics generally
wins plaudits for helping “smarter”
policing, it does raise concerns about
Big Brother-like snooping.
Andrew Guthrie Ferguson, a law
professor at the University of the
District of Columbia, said the use
of technology could be positive but
that it could lower the threshold
for constitutional protections on
“unreasonable” searches.
“To stop you and frisk you and search
you, a police officer needs reasonable
suspicion, so my question is how will
this affect reasonable suspicion?” he
said.
If the search is based on a computer
algorithm, Ferguson said, and the case
comes to court, “How do you crossexamine a computer?”
IBM’s Cleverly said the technology
can in many cases improve privacy.
“You can pinpoint the record of who
has access to information, you have a
solid history of what’s going on, so if
someone is using the system for ill you
have an audit trail,” he said.
As for “The Minority Report” and its
predictive software, Cleverly said, “It
was a great film and great short story,
but it’s science fiction and will remain
science fiction. That’s not what this is
about.” 
www.rawstory.com/rs/2012/07/29/
police-using-predictive-analytics-toprevents-crimes-before-they-happen
possible to determine patterns. This
can be especially useful in property
crimes like auto theft and burglary,
where patterns can be detected.
“You can build a model that factors in
attributes like the time of year, whether
it is hot and humid or cold and snowy, if
it is a payday when people are carrying
a lot of cash,” says Mark Cleverly, who
heads the IBM unit for predictive crime
analytics.
“It’s not saying a crime will occur at a
particular time and place, no one can
do that. But it can say you can expect
a wave of vehicle thefts based one
everything we know.”
IBM has worked with dozens of
agencies such as London’s Metropolitan
Police, the Polish National Police and a
number of US and Canadian cities.
In Memphis, officials said serious
crimes fell 30% and violent crimes
declined 15% since implementing
predictive analytics in a program with
IBM and the University of Memphis in
2006.
The program known as CRUSH
— Criminal Reduction Utilizing
Statistical History — targeted certain
“hot spots” to allow police to deploy
more efficiently.
John Williams, crime analysis
manager for the city’s police, said the
Although beat officers can
use their instincts for similar
results, Williams said the
software could be far more
precise, such as predicting
burglaries in a small geographic
area between 10 pm and 2 am.
In one case, the software
was able to help police break
up a group that was committing
armed robberies on the city’s
Hispanic population.
“There were 84 robberies,
but we had no idea it was so
organized,” Williams said.
By crunching the numbers,
police were able to pinpoint the
zone and time of likely holdups:
“We caught a group of robbers
in progress, we had leads on
additional robberies,” he said.
Williams said police officials from as
far away as Hong Kong, Rio de Janeiro
and Estonia have come to review the
experience in Memphis.
In Los Angeles, another program
developed by scientists at the
University of California-Los Angeles
and Santa Clara University was tested
in a single precinct, and resulted in a
12% drop in crime while the rest of the
city saw a 0.2% increase.
That test and others led to the
creation of a company called PredPol.
And Los Angeles will expand its use
of the program under contract with
PredPol, said
CEO
Caleb
Baskin.
Baskin said
the system is
based on a
model
from
mathematician
G e o r g e
M o h l e r
which “is very
effective
in
predicting the time and location for
crimes that have not yet taken place.”
PredPol had begun working with
other cities in California and “we’ve
had inquiries from a lot of places in the
US and international locations,” Baskin
said.
“The science that underlies the tool
will work anywhere. The question is
does the agency maintain a database
Report: The Power of the
African-American Consumer
A
frican-Americans’ buying power
is expected to reach $1.1 trillion
by 2015, according to The State
of the African-American Consumer from
Nielsen and the National Newspaper
Publishers Association (NNPA), a
federation of more than 200 Black
community newspapers across the
U.S. This growing economic potential
presents an opportunity for Fortune
500 companies to examine and further
understand this important, flourishing
market segment. Likewise, when
consumers are more aware of their
buying power, it can help them
make informed decisions about the
companies they choose to support.
“Too often, companies don’t realize
the inherent differences of our
community, are not aware of the market
size impact and have not optimized
efforts to develop messages beyond
coincide with Black
those that co
History Month,”
said
Cloves
Campbell,
chairman, NNPA.
Report
Highlights
• With a
b
buying
power
of nearly $1
o
ttrillion annually,
if African-Americans were a country,
they’d be the 16th largest country in
the world.
• The number of African-American
households earning $75,000 or
higher grew by almost 64%, a
rate close to 12% greater
than the change in the
overall population’s earning
between 2000 and 2009.
This continued growth in
affluence, social influence
and household income
will continue to impact the
community’s economic
power.
•
African-Americans
make more shopping trips
than all other groups, but
spend less money per trip.
African-Americans in higher
income brackets, also spend
300% more in higher-end retail
grocers more than any other high
income household.
•
There were 23.9 million
active African-American Internet
users in July 2011 – 76% of whom
visited a social networking/blog site.
•
33% of all African-Americans
own a smartphone.
•
African-Americans use more
than double the amount of mobile
phone voice minutes compared to
Whites – 1,298 minutes a month vs.
606.
•
The percentage of AfricanAmericans attending college or
earning a degree has increased to
44% for men and 53% for women.
Find out more by downloading the
free report: The State of the AfricanAmerican
Consumer
(www.
nielsen.com//us/en/insights/reportsdownloads/2011/state-of-the-africanamerican-consumer.html). 
Count Me In’s
Urban Rebound Program
is
Coming to a
City Near You!
Count Me In, with support from the Sam’s Club
Giving Program, is pleased to present the
Count Me In Urban Rebound Program,
coming to Los Angeles, CA (Spring), Detroit, MI
(Summer) and Charlotte, NC (Fall) 2012.
Urban Rebound is an exciting initiative for
women entrepreneurs
ready to grow their businesses to $250,000 or
more in annual revenues. In the coming weeks,
we’ll be announcing pitch parties, webinars
and, of course, a fabulous pitch competition for
women with businesses based in these areas.
We’ll be looking for 100 women from each city to
participate in our Business Accelerator Program
so don’t miss out on your chance to be a part of
this exciting opportunity!
Sign up for Count Me In’s Urban Rebound
Program event alerts and updates at:
http://makemineamillion.org/webform/Upcoming-Events
Count Me In for Women’s Economic Independence, Inc.
is a leading 501(c)(3) nonprofit organization dedicated
to helping women grow their micro business into million
dollar enterprises.
John Atta Mills Dead: Ghana
President Dies Unexpectedly
By Reuters
G
hana’s President John Atta
Mills has died unexpectedly,
a presidential statement said,
and an aide said his death occurred on
Tuesday, July 24, 2012, after he took ill
on Monday night.
The death of the president of the
world’s No. 2 cocoa grower comes
months before Mills was due to stand
for re-election at the helm of the West
African country that posted double-digit
growth in 2011 and has been praised
for its strong democracy in a turbulent
region.
Vice President John Dramani
Mahama was scheduled to be
sworn in later Tuesday. According to
the country’s constitution, Mahama will
complete Mills’ term that was due to
end with elections in December.
“It is with a heavy heart ... that we
announce the sudden and untimely
death of the president of the Republic
of Ghana,” a statement sent to Reuters
by the president’s office said.
It said that Mills, 68, died a few hours
after being taken ill but no further
details were given.
A presidential aide, who asked
not to be named, said the president
had complained of pains on Monday
evening and died early on Tuesday
afternoon when his condition worsened.
Mills, who oversaw the start of oil
production in Ghana, returned from
medical checks in the United States
several weeks ago.
The BBC reported he had recently
suffered from throat cancer.
Mills was married to Ernestina Naadu
Mills, an educator, and has a son, Sam
Kofi Atta Mills, according to his official
online profile.
In March, President Barack Obama
received the Ghanaian president in
the Oval Office and praised him and
his country as “a good-news story” in
Africa.
On Tuesday, the U.S. State
Department said it “learned with
sadness” about Mills’ death.
“Our thoughts go to his family and to
see Atta Mills Dies on page 89
President Barack Obama shakes hands with President John
Evans Atta Mills of Ghana in the Oval Office of the White House in
Washington, Thursday, March 8, 2012. (AP Photo/Susan Walsh)
International
Former President
George Bush helps
paint and refurbish
a clinic used to
screen and treat
cervical cancer in
Kabwe, Zambia.
Atta Mills Dies
from page 87
the people of Ghana, who have lost a
beloved leader,” said Victoria Nuland,
State Department spokeswoman.
Ghana’s
election
commission
said December’s presidential and
parliamentary elections would go
ahead as planned.
“The election calendar remains
unchanged - it’s purely a party matter,”
election chief Kwadwo Afari-Gyan told
Reuters, explaining
that it was up to
the ruling National
D e m o c r a t i c
Congress to find a
candidate to replace
Mills.
Ghana has seen
democratic elections
decide its leadership
no fewer than four
times since the
last military coup
in 1981, a rare feat
in a region where
power is still just as
often determined by
the bullet as by the
ballot.
A Glance at
Ghana’s Recent
History:
http://worldnews.nbcnews.com/_
news/2012/07/24/12929632-ghanapresident-dies-unexpectedly?lite&ocid
=ansmsnbc11
International
July 1960: Kwame
Nkrumah becomes
president of the
Republic of Ghana,
months
after
a
republican
constitution
is
ratified by a
referendum.
Nkrumah
is
overthrown after
a military coup in
February 1966.
A u g u s t
1969: A new
constitution
is
ratified leading
to a transfer
of
power
to
the
civilian
government of
Kofi Busia. Busia
is ousted in
coup in January
1972 led by
Colonel Ignatius
(l-r) President Thomas Yayi Boni of Benin and Chairman of the A c h e a m p o n g .
African Union, US President Barack Obama, and President G e n e r a l
John Mills of Ghana at the G-8 summit.
Frederick Akuffo takes over in 1978.
June 1979: Akuffo is deposed
in a coup led by Flight Lieutenant
Jerry Rawlings. Elections are held
and in September Rawlings hands
over power to a new president, Hilla
Limann. Limann is also overthrown in
coup in 1981, again led by Rawlings,
after two years of weak economic
policies. Rawlings is elected president
in November 1992.
June 1994: Leaders of Ghana’s
warring northern tribes sign a peace
accord after fighting erupted in the
north in February, pitting landless
Konkombas against three allied tribes.
Independent sources estimated up to
5,000 people were killed by mid-April.
January 2001: Former opposition
leader John Kufuor is sworn in as
president after Rawlings served the
two elected terms he was allowed.
June 2007: London-based Tullow Oil
Plc says it has found up to 600 million
barrels of oil offshore.
January 2009: Electoral Commission
declares John Atta Mills winner after
he defeated Nana Akufo-Addo of the
ruling New Patriotic Party in run off
presidential elections.
July 2009: Visiting U.S. President
Barack Obama assures Africa it will
not be sidelined from world affairs and
hails democratic Ghana as a model for
other African countries.
December 2010: Mills opens the
valves in a ceremony at a floating oil
platform off the country’s Atlantic coast.
Initial production of around 120,000
bpd will rank Ghana as sub-Saharan
Africa’s seventh largest producer.
July 2011: Mills is chosen as ruling
National Democratic Congress party’s
candidate for the 2012 presidential
election, defeating Nana Konadu
Agyemang-Rawlings, wife of the former
president.
December 2011: Ghana says it has
exported 23.5 million barrels of crude
oil from the Jubilee oilfield in its first
year of production. Tullow Oil is the lead
company of the consortium operating
the Jubilee field. 
South Sudanese
Athlete Runs
Marathon
in Olympics
Without a Team
International
G
uor Marial, a South Sudanese
refugee who lives and trains in
the United States, will be able to
compete in the marathon at the London
Games as an independent Olympic athlete,
officials said Saturday, July 21, 2012.
The International Olympic Committee’s
executive board approved Marial’s request
to run as an independent, ending months
of negotiations between the committee and
Marial’s representatives.
Marial hit the Olympic A standard last
October, but South Sudan has yet to form a
national organizing committee.
He could not run for the United States
team because he is not a citizen, and he
refused to compete under the Sudanese
flag, as its security forces killed 28 members
of his family.
The men’s marathon was held on Aug.
12, 2012 and Marial was 47th. The Men’s
Marathon Gold was won by Uganda’s
Steven Kiprotich. 
Guor Marial, left, will run independently at the London Games because South
Sudan does not have an Olympic committee.
www.blackchristiannews.com/
news/2012/07/south-sudanese-athlete-torun-marathon-in-olympics-without-a-team.
html
A Positive Economic Turn Around in the
USA is in Our Hands

•Buy Products Made or Assembled in the USA
•Hire One New Employee
•Eat an Extra Meal Out Each Week
•Start/Grow a Business to Generate Wealth & Jobs

Buy Black  Save Black  Invest Black
www.thesullivanfoundation.org
www.cvent.com/events/leon-h-sullivan-summit-ix/custom-18-dd1c74ea3020471883645a4c987b86ce.aspx
RESOURCES FOR GOING GLOBAL
Dear International Executive,
I
International
f you have any questions about
these initiatives, please contact your
local U.S. Commercial Service trade
specialist. To find the trade specialist
nearest you please visit http://www.
buyusa.gov/home/us.html.
Happy
Exporting!
Event Name: WORLD TRADE
CENTER San Diego Trade Mission
to China
Location:
Xiamen,
Nanjing,
Changzhou, and Shanghai, China
Date/Time: September 5-13, 2012
Cost: WTCSD Trade Mission: $5,500
Link to register: http://www.wtcsd.org/
asia-desk/access-china-2012
WORLD TRADE CENTER San
Diego, with the support of the California
State Trade and Export Promotion
(STEP), is leading a trade mission to
China to promote California exports.
The delegation will participate in the
16th Annual China International Fair
for Investment and Trade (CIFIT)
in Xiamen. The U.S. Department
of Commerce’s U.S. & Foreign
Commercial Service staff in China will
provide briefings and support. The
trade mission will also include trips to
Nanjing, Changzhou, and Shanghai.
Three dynamic cities in the prosperous
Yangtze River Delta. Key benefits of
the mission:
• Qualified California SMEs are eligible
to receive $1,000 towards their trade
mission participation
• Join business/government leaders
from throughout California
• Pre-arranged matchmaking meetings
in each city
• Harness the World Trade Center
Association’s global network for
facilitating international trade
• Develop
export
markets
and
business opportunities in southern
and eastern China, two major hubs
for China’s commerce and industry
• Provide exposure for your products
and services to visitors from all
regions of China and the world
during CIFIT
• Attend CIFIT’s investment and trade
seminars/forums
• Gain access to key players and
business leaders in China through
pre-arranged
meetings
and
matchmaking services
• Minimize your costs and time with
our travel logistics services and pre
and post-fair assistance
For
questions,
or
additional
information, please contact: Ethan
Devine, Asia Desk Manager; WORLD
TRADE CENTER San Diego; (619)
615-0868 and [email protected]
*************************
Event Name: Free Trade with
Colombia & Panama – Tapping in to
the Opportunities
Location: Institute of the Americas, UC
San Diego Campus, La Jolla, CA
Date/Time: September 10, 2012,
8am – 1pm (followed by afternoon
counseling sessions by appointment)
Cost: $50
Link to register: www.iamericas.org
[contact USCS Commercial Officer
Geoff Bogart; geoffrey.bogart@trade.
gov]
Join us for a unique workshop to
learn from the experts about market
opportunities in Panama and Colombia,
featuring market briefings and one-onone counseling with the U.S. Senior
Commercial Officers who run the
Commercial Sections in these U.S.
embassies.
*************************
Event Name: 4th Annual The
Americas Business Forum
Location: UCLA Covel Commons
Date/Time: September 12-13, 2012;
8:30 a.m. – 5:30 p.m.
Cost: $250 for 2-day program; $150 for
the conference on September 12 only
Link
to
register:
http://www.
lachamber.com/webpage-directory/
global-initiatives/the-americasbusiness-forum/
Join the Los Angeles Area Chamber
of Commerce, the UCLA Anderson
School of Management, the U.S. and
Foreign Commercial Service, and the
City of Los Angeles to learn about
business and exporting opportunities
in the Americas, primarily in Latin
America during the 4th Annual “The
Americas Business Forum – Creating
Jobs Through Exports”. On the first day
of the conference you will earn what
to do and what not to do when doing
business in the Americas and hear
about the Asian presence in the region.
You will also be able to participate in
roundtable discussions on economic
and political assessments, legal
considerations, finance and logistics.
A continental breakfast and lunch
will be provided. On the second day,
individualized one-on-one meetings
with U.S. Commercial Service Senior
Commercial Officers will be available.
For more information, please contact
Carlos J. Valderrama at 213.580.7570
*************************
Event Name: EXPO PAKISTAN
Location: Karachi, Pakistan
Date/Time: October 04-07, 2012
Cost: See link for more information
Link to register: http://expopakistan.
gov.pk/index.html
Every year Trade Development
Authority of Pakistan (TDAP) organizes
an international trade show ‘Expo
Pakistan’, which is the biggest one
stop sourcing event of quality products
in Pakistan. This year ‘Expo Pakistan’
is being held on October 04-07, 2012
and we would like to invite you to join
our US delegation of businessmen/
buyers to visit this event as the guest of
Government of Pakistan. The website
of TDAP (www.expopakistan.gov.pk)
contains additional details about the
event. The broad categories of products
include: textile, fabrics & apparel, home
see Going Global on page 93
Going Global
from page 92
Interested in a Career in International
Affairs, Foreign Relations, Trade Promotion and Commercial Diplomacy?
The U.S. Commercial Service is looking
for dedicated professionals to add to its
complement of nearly 250 Foreign Service Officers serving in Embassies and
Consulates around the globe.
The U.S. Commercial Service of the
U.S. Department of Commerce is pleased
to announce that it will take applications
for Foreign Service Officers starting
August 2012 and will hold the Foreign
Service Officer Assessment in Winter
2012/2013. The competitive assessment
process selects the next generation of
commercial diplomats to serve in the
US Embassies and Consulates abroad.
We are looking to recruit a diverse and
well-qualified pool of candidates able
to represent the U.S. Government and
our country’s international trade and
investment interests. To read a detailed
description of the position and application
process, express your interest and sign
up to receive alerts, please visit http://
simplesend.com/simple/t.asp?S=221&
ID=55171&NL=5996&N=69348&SI=2
676111&URL=http://www.trade.gov/cs/
employment.asp or e-mail CSCareers@
trade.gov.
**********************************
The U.S. Commercial Service - Your
Global Business Partner. With offices
across the United States and in more
than 75 countries, the U.S. Commercial Service of the U.S. Department of
Commerce’s International Trade Administration uses its global Network and
international resources to connect U.S
companies with international buyers
worldwide. If you have any questions
about these initiatives, please contact
your local U.S. Commercial Service trade
specialist. To find the trade specialist
nearest you please visit http://export.gov/
california/ca/socal/index.asp. 
www.zambiausachamber.org
International
& décor, food and ingredients, leather
goods, surgical & pharmacy, carpets
& rugs, Gems & jeweler, auto & auto
parts, industrial & engineering goods,
information technology and services.
*************************
Event Name: Multi-Sector Trade
Mission to South Africa and Zambia
Location: Lusaka/Ndola, Zambia,
and Johannesburg/Cape Town, South
Africa
Date/Time: Nov 26 - 30th, 2012
Cost: $4,350 for small and medium
enterprises, $4,900 for large firms, $450
for each additional firm representative.
Expenses for travel, lodging, most
meals, and incidentals will be the
responsibility of each participant.
Link to register: www.export.gov/
trademissions/SouthAfricaZambia
The purpose of this trade mission is
to deepen trade ties with South Africa
and to explore export opportunities to
Zambia. The Commerce Department
will help U.S. firms find customers and
business partners in Johannesburg and
Cape Town, South Africa, and Ndola,
and Lusaka, Zambia. Targeted sectors
for the trade mission are: Electric Power
and Energy Efficiency Technologies;
Equipment and Services; Productivity
Enhancing Agricultural Technologies
and
Equipment;
Transportation
Equipment and Infrastructure, and
Mining Equipment and Technology
****************************
Export Promotion Magazine Offers
Free Korean Translation
Commercial News USA, the official
export promotion magazine of the U.S.
Department of Commerce, offers exporters an affordable way to promote
their products and services in 178
countries worldwide. In addition to free
Korean translation, you can take advantage of a special offer: Buy two ads
and get the third ad for free (Based on
one-time rates. Does not include Showcase section). Commercial News USA
reaches more than a quarter million
buyers worldwide. Reserve your space
in the next issue today. The deadline
is July 20th. For more information, call
1-800-581-8533 x 822, go online to
www.thinkglobal.us, or send e-mail to
[email protected]. Follow Commercial News USA on LinkedIn and
Twitter @comnewsusa.
Sell in 178 Countries for $499
Commercial News USA, the official export promotion magazine of the U.S.
Department of Commerce, offers exporters an affordable way to promote
their products and services in 178
countries worldwide. Now, you can advertise in the USA Product Showcase
section of the magazine for just $499.
Commercial News USA reaches more
than a quarter-million buyers worldwide
in print and 23,000 per month online.
Reserve your space in the next issue
today. The deadline is July 20th. For
more information, call 1-800-581-8533
x 822, go online to www.thinkglobal.us,
or send e-mail to export@thinkglobal.
us. Follow Commercial News USA on
LinkedIn and Twitter @comnewsusa
Read the Digital Edition of Commercial News USA
The digital edition of Commercial
News USA, the official export promotion magazine of the U.S. Department
of Commerce is now available online.
Commercial News USA, offers exporters an affordable way to promote their
products and services in 178 countries
worldwide. To read the digital edition,
go to http://cnusa.thinkglobal.us
**********************************
Thursday Blues
at
Uncle Darrow‛s
High Noon-2pm
Every Thursday
Come by for lunch and
relax to blues and jazz
from our house band!
2560 S. Lincoln Blvd.
Marina del Rey
International
North East corner of Washington & Lincoln
“LA Times Magazine
favorite cajun food”
310-306-4862
www.uncledarrows.com
FAME ASSISTANCE CORPORATION
FREE CREDIT MANAGEMENT WORKSHOPS
HELD EACH MONTH AT
Order Via the Internet
Wines of the Black-Owned
wineries of South Africa.
Register at TheArtfulGrape.com.
The Artful Grape will do the rest.
The wines will be delivered to your door.
1968 W. ADAMS BLVD., LOS ANGELES
CALL FOR INFORMATION OR RSVP 323-730-7720
SPONSORED BY
Nigeria’s Low-cost
Tablet Computer
N
igeria’s Saheed Adepoju is a
young man with big dreams.
He is the inventor of the Inye,
a tablet computer designed for the
African market.
According
to
the
29-year-old
entrepreneur, his machine’s key selling
point is its price - $350 (£225) opposed
to around $700 for an iPad.
He believes that, because of this,
there is a big market for it in Nigeria
and elsewhere in Africa, particularly
amongst students.
He is also hoping to sell his tablet
- which runs on the Google Android
operating system - to the Nigerian
government and plans to have at least
one computer in each local government
area.
“The Inye is a mobile internet device.
It gives you access to the internet;
it allows you to play media files and
watch movies. What we have is an
8-inch device, a device that is half-way
between a laptop and a mobile phone,”
he told the BBC’s series African
Dream.
“You have the standard software
applications that come pre-installed
and then you have the ones that we are
working with various local developers
to bundle on,” he added.
Among those local apps there is one
designed to raise awareness about
‘Word of mouth’
Mr. Adepoju has a background in
software development and is a Suncertified Java programmer.
After doing a first degree in
maths and computer science in
Nigeria, he completed another one
in advanced computing by research
at Bournemouth University, in the
United Kingdom.
Upon graduation in 2009, he returned
to his home country and started working
for a consulting firm.
“Within eight months I got fired,
primarily because of differences in
approach to doing business. In the
middle of all this, the Apple iPad
launched, back in January of 2010,
which inspired us to actually look to
build such [a] product within the African
marketplace,” the entrepreneur told the
BBC Africa’s Chris Ewokor.
He said that, with that goal in mind,
he borrowed money from friends and
family, raising a total of about $60,000.
According to him, all of that went on
the devices and the logistics - there
was no budget for marketing, so early
advertising was “word of mouth” on
social media.
The first 100 units of the Inye, which
means One in Nigeria’s Igala language,
were built in China and, after receiving
feedback from its users, a second
version was launched in May 2011.
Encipher Group, the company he
cofounded with web developer Anibe
Agamah, also offers customised IT
services and products, including cloud
computing, which are mostly based on
open technology to keep costs down.
Raising capital
According to Mr. Adepoju, the
company and the apps it develops are
focused on preserving local culture
through technology and making
products which are specific to the local
market.
Another product that the firm has
been working on is Encipher TV, a
box where people can watch African
television, plays and films.
However, he says that it has not been
easy to raise capital in order to develop
the business faster.
“Here venture capital (VC) is still in its
infancy and most VC firms wound want
to invest in tried and trusted companies
that have gained some form of traction,”
he said.
“We face the challenge of getting
people to listen to the various
propositions. We’ve been to a number
of private investors and also to the
government,” he explained.
Not surprisingly, his immediate
plan is to “try and raise capital from
whatever sources we can get - locally,
internationally or privately - and to try
and still to push the brand forward as
much as we can”.
Will his tablet computer succeed in
such a competitive environment? Only
time will tell but Mr. Adepoju and his
colleagues are adamant that it will, not
only in Nigeria but also in other African
markets. 
African Dream (www.bbc.co.uk/
news/world-africa-15340893)
is
broadcast on the BBC Network Africa
programme every Monday morning,
and on BBC World News throughout
the day on Fridays.
International
Saheed
Adepoju
HIV and others
related to water and
sanitation.
“We work with
local
developers
that have expertise in particular areas
so that we don’t end up doing so much
work and we just have a collaborative
way of doing things together,” he said.
Multi-Sector Trade Mission to South Africa & Zambia
Agricultural, Energy, Transportation,
and Mining Technologies
Why South Africa and Zambia?
Apply Now, Space is Limited
SOUTH AFRICA is the most advanced, broad-based industry and
productive economy in Africa.
www.export.gov/trademissions/
SouthAfricaZambia
- South Africa became the newest country to join the leading
emerging market group, BRICS.
Date:
Nov 26 - 30th, 2012
Venue:
Lusaka/Ndola, Zambia,
and Johannesburg/Cape
Town, South Africa
- In 2011, U.S.-South Africa trade increased 18 percent from its 2009
trade level.
ZAMBIA is geographically well placed to become a regional hub as it
shares its border with eight countries.
Registration Deadline: Oct. 5, 2012
Cost:
- Zambia was recently ranked one of the fastest growing economies in
the world by The Economist Magazine.
- Zambia is emerging into focus with a U.S.-Zambia trade increase of
83 percent in 2011 over its 2010 level.
Which Sectors?
Electric Power and Energy Efficiency Technologies
Productivity Enhancing Agricultural Technologies and Equipment
t $4,350 for small and medium
enterprises (<500 employees)
t $4,900 for large firms
t $450 for each additional firm
representative
t Expenses for travel, lodging, most
meals, and incidentals will be the
responsibility of each participant
Transportation Equipment and Infrastructure
Mining Equipment and Technology
For More Information:
Why Participate?
- Welcome reception at the U.S. Ambassador’s residence
- Pre-screened one-on-one meetings with potential partners,
distributors, and end-users
- Access to South African, U.S. and Zambian government officials
Frank Spector
(202) 482-2054
[email protected]
Larry Farris
(2711) 290-3316
[email protected]
- Meetings with U.S. Commercial Service industry specialists from U.S.
Embassy South Africa and Zambia
- Pre-departure briefings
U.S. Commercial Service—Connecting you to global markets.
0910-00-03-10
Leimert Park
Village
An African American Cultural, Retail, Foods
&
Entertainment Center.
Degnan Boulevard
between
Crenshaw & Leimert Blvds.
43rd Street-43rd Place, Los Angeles
Shop, Eat, Relax
in
Little Ethiopia
Experience Africa in America
Fairfax Boulevard
between Pico & Olympic, Los Angeles
Gathers Strategies, Inc.
has expanded to new offices.
Our new location is
in the heart of Downtown LA at
City National Plaza.
Our address is:
Gathers Strategies, Inc.
515 South Flower Street, 36th Floor
Los Angeles, CA 90071 USA
Phone: 213-236-3554
Fax: 213-236-3501
Please stay in touch!
www.gathersstrategies.com
Follow us on Twitter @gathersstrat
We appreciate your friendship and
support and look forward to our continued
association with you.
PANAMA
GASTRONOMICA
2012
August 30 - September 2
International Gastronomy Fair
www.panamagastronomica.com
97  August 2012  Black Business News  www.blackbusinessnews.net
International
Culture, Retail,
Entertainment
We are pleased to inform you that
U.S. Commercial
Service Seeks
Comments on Proposed
Fee Increase
Federal Register Notice details
proposal for fee increases
Comments Due:
August 14, 2012
T
International
he U.S. & Foreign Commercial Service (U.S.
Commercial Service) within the U.S. Department
of Commerce recently published a notice in the
Federal Register to solicit public comment from the
business community and stakeholders on proposed user fee
increases.
The information will be used to evaluate whether the
proposed user fee schedule should be implemented; to
evaluate options for seeking an exemption from the full cost
recovery requirements of OMB to offer a discount to small
and medium businesses; and to request for OMB approval
of the pricing methodology.
The user fee for both Standard Services and Customized
Services will be set at one flat rate per hour multiplied by the
estimated number of hours for service delivery to determine
full cost. Therefore, the cost of each Standard Service
previously offered at one global price will increase, but the
service will continue to be delivered in the same manner
throughout U.S. Commercial Service global operations.
The pricing methodology developed by the U.S.
Commercial Service was designed to bring the organization
into compliance with full cost recovery requirements set forth
by the Office of Management Budget (OMB). The process
of developing the pricing methodology involved analysis of
actual costs as defined by OMB and level of effort required
to deliver each service.
The proposed percentage increase on affected services
would range from 11% to 171%, depending on the type
of service provided. Standard Services that will no longer
be offered at one global price include: Business Service
Provider; Featured U.S. Exporter, Gold Key Service;
International Company Profile; International Partner Service;
and Quicktake.
For more information and to comment on the proposed user
fee changes, go directly to the link at http://www.regulations.
gov/#!documentDetail;D=ITA-2012-0001-0001.
Please
contact Erin Sullivan at [email protected] if you have
questions. 
OCTOBER 10-13, 2012
A
frica Fashion Week Los
Angeles (AFWLA) was founded
in response to the growing
need in the Greater Los Angeles area
to provide a platform for established
and emerging African designers to
showcase their talents to a broad
audience, as well as to raise awareness
about human rights issues that are
currently being faced in several African
countries.
We define African in diasporic terms,
which includes designers and affiliates
with links to the African continent
from all parts of the globe. AFWLA is
committed to exhibiting collections
of excellence and we aim to provide
potential buyers with a diverse array
of looks that can be incorporated into
future seasons. AFWLA
will be a multifaceted
week long event that will
include runway shows,
industry networking mixers, vendor
exhibitions, and more. The event,
tentatively scheduled for October 2012,
will link international partners, local
buyers, agents, editors, celebrities, and
industry insiders to the vibrant fashions
that Africa has to offer. Information for
designers, sponsors, attendees, etal is
at www.afwla.org.
Social Investment
AFWLA is committed to using our
platform to raise awareness and impact
a change in Africa. This year, AFWLA
is partnering with The MacDella
Cooper Foundation as our non-profit
beneficiary.
The MacDella Cooper Foundation
(MCF) is a 501(c)(3) international
charitable organization dedicated to
providing youth, especially orphans
and abandoned children, with an
education and the basic necessities of
food, clothing, and shelter. Their vision
is to give as many Liberian children
as possible the chance to escape the
poverty cycle and grow in the nurturing
environment of an MCF Academy, so
that they can lead Liberia toward an
economically strong and politically
stable future. For more information
visit: www.macdellacooper.org. 
SAVE THE DATE!!
3rd Annual Pan African
Global Trade & Investment
Conference (PAGTC)
September 6 - 7, 2012
California State University
Dominguez Hills
The Decade of the African Diaspora
(January 1, 2010 - December 31, 2020)
For PAGTC 2012 Information Packet contact:
Al Washington, Conference Organizer
626.321.7041 or [email protected]
www.panafricanglobaltradeconference.com
International
Africa: FOCAC V Brings
Billions More
International
B
eijing hosted the Fifth Forum
on China-Africa Cooperation
(FOCAC) on 19-20 July with
the usual dash of multibillion-dollar
promises.
President Hu Jintao outlined a set
of five new pledges to Africa. The
first was on finance and includes
US$20 billion in assistance to the
continent, double the amount pledged
three years ago in Sharm el Sheikh,
Egypt, in 2009. The theme of this
year’s meeting was - to ‘build on
past achievements and open up
new prospects for the new type of
China-Africa strategic partnership’.
Yet, with little competition, China finds
it hard to outdo itself every three years
at the FOCAC meetings. Ahead of the
summit, Zambia’s Foreign Minister
Given Lubinda advised African
countries to form a united front instead
of competing separately for attention
from Beijing. Despite such calls for
unity, the 2012 Beijing Declaration
showed no signs of an African united
front.
Although no formal audit exists on the
fulfilment of China’s pledges to Africa at
FOCAC, the general consensus is that
they have been delivered. According to
President Hu, the Chinese government
has cumulatively built more than 100
schools, 30 hospitals, 30 anti-malaria
centres and 20 agricultural technology
demonstration centres in Africa. Beijing
has also successfully rolled out US$15
billion in preferential lending, trained
close to 40,000 African personnel in
various sectors and provided more
than 20,000 scholarships to students
from African countries. But analysts
still argue that FOCAC will be of only
limited effectiveness if the institution
does not include a monitoring body or
engagement and follow-up from the
African counterparts.
Africa’s Largest Financier
In addition to becoming Africa’s
largest trading partner, these loans
will make China Africa’s largest
financier, ahead of the World Bank
and International Monetary Fund. Hu
said the move was designed to stop
‘the big bullying the small, the strong
domineering over the weak and the
rich oppressing the poor’.
The loans will go towards supporting
infrastructure, manufacturing and the
development of small businesses.
Yet
China
Export-Import
Bank, the usual instrument for
rolling out the Chinese credits
announced at FOCAC, is not a
micro-financier and the bank’s
minimum loan amount is far
in excess of what most small
African businesses can hope
to manage, so this presumably
refers
to
Chinese
small
businesses.
The second pledge this
year is training. Beijing will
launch an ‘African Talents
Programme’ to train 30,000
people in various sectors
and set up vocational
training centres. It will also
offer 18,000 government
scholarships, send 1,500
medical personnel to
Africa
and
continue
with the ‘Brightness
Campaign’,
which
provides free cataract
treatment
to
African
patients.
The third pledge is
to build infrastructure
partnerships. The fourth
is people-to-people exchanges.
These so-called ‘friendship actions’
promote
exchanges
between
Chinese and African journalists and
researchers, among others. The
final pledge relates to security, led
by the Initiative on China-Africa
Cooperative Partnership for Peace
and Security.
While China has maintained its focus
on African infrastructure, Chinese
Commerce Minister Chen Deming
announced that such projects would
now be approached from a regional
perspective, rather than bilaterally
as has been the case. China usually
focuses on bilateral ties, leaving Japan
to take the lead on multilateral forms of
engagement.
Although
African
diplomats
universally praised China’s moves, the
businessman and analyst A.L. Kitenge
Lubanda
of
Congo-Kinshasa’s
Synergy-Group suggested that the
promise to double loans is a small
measure and that Beijing could afford
to do much more.
Several new deals that will boost
China-Africa trade were developed
outside of the confines of FOCAC.
China Development Bank officials
announced in early July that the
China-Africa Development Fund,
which encourages smaller Chinese
companies to invest in Africa, would
have an additional $2 bn. to spend after
investing its first $1 bn. 
http://allafrica.com/
stories/201208010877.html
One Africa:
Tell the US Government that
North Africa is Africa Too!
J
oin with and support the United
Africa Organization’s campaign
to petition the U.S. Department
of State to include the whole African
continent under its Bureau of African
Affairs.
Why?
The State Department’s Bureau
of African Affairs, led by Assistant
Secretary Johnnie Carson, currently
excludes Algeria, Egypt, Libya,
Morocco, Tunisia and Western Sahara
from its agenda.
Instead,
the
aforementioned
countries are grouped with the Bureau
of Near Eastern Affairs, together with
Iran, Iraq, Israel and others.
This artificial distinction between
North Africa and the rest of Africa
negatively impacts US foreign policy
relations throughout the entire continent
of Africa.
We unequivocally reject the argument
that North African countries are outside
the scope of African affairs.
North Africa is geographically and
historically part of the African continent,
and all fifty-three (53) independent
African states, including North African
countries, are represented in the
African Union (AU).
It would be far more productive for
the State Department to engage with
the entire continent of Africa, including
North Africa, under its Bureau of African
Affairs.
We are one Africa, from the Cape to
Cairo, indivisible and bound together!
Therefore, no square inch of African
land should be excluded from African
affairs.
Sign The Petition!!!
Go to www.change.org/petitions/
one-africa-tell-us-state-departmentthat-north-africa-is-part-of-africa
and sign the online petition to support
this important proposition. Next tell
everyone you know to sign. 
www.uniteafricans.org
Bernahu Asfaw or Getahun Asfaw
Open 7 days a week
11am - 11pm
International
1041 S. Fairfax Avenue
323-938-8827 or 323-938-8806
Fax: 323-932-6047
[email protected] • www.messob.com
www.anc.org.za/centenary
Facebook: USA ANC Centenary
Twitter:@USAANCCentenary
africanamericans.
barackobama.com
JWFA
Jamaal Wilkes Financial Advisors, LLC
M a n a g i n g We a l t h I n t e l l i g e n t l y
WHY OWN GOLD IN YOUR IRA/401k
Changing jobs creates a great opportunity for you to switch, or rollover, your former employer’s retirement
plan into an IRA. Plus, it usually provides you with more investment options than if you left the money in
your former employer’s plan or rolled the money into your new employer's retirement plan.
The early 1980s presented a once-in-a-lifetime opportunity to buy stocks. Today, economic and political
conditions appear to offer a similar opportunity in tangible assets such as physical gold. With the global
economic environment growing more uncertain, physical gold has become the #1 alternative for IRA, 401k,
403b, and Pension Plans, as well as for non-retirement funds.
Gold is produced primarily for accumulation while other commodities are produced primarily for
consumption. Gold’s value does not arise from its usefulness in industrial or consumable applications. It
arises from its use and historical worldwide acceptance as a store of value. Gold is money. A healthy
measure of gold clearly belongs in every portfolio for the “Four Ps” – Personal Purchasing Power Protection.
There are six primary reasons why investors own gold:
As a hedge against inflation.
As a hedge against a declining dollar.
As a safe haven in times of geopolitical and financial market instability.
As a commodity based on gold’s supply and demand fundamentals.
As a store of value.
As a portfolio diversifier.
According to Bloomberg.com, on October 15, 2009, Paul Tudor Jones of Tudor Investment Corp, who manages about $11.6 billion out of Greenwich, Connecticut, told its investors, “I have never been a gold bug…
but Gold is just an asset that, like everything else in life, has its time and place. And now is that time…Gold
appears to be cheap. In our view, gold’s value should increase as its scarcity relative to printed currencies
increases.”
JAMAAL WILKES FINANCIAL ADVISORS makes 401(k) rollovers easy with just a few simple steps. Please
call us at (310)209-8298 or email [email protected] for a web seminar presentation.
Jamaal Wilkes Financial Advisors is an independent Registered Investment Advisor
www.jamaalwilkes.com
Phone: (310)209-8330
6601 Center Drive West, Suite 500
From-Jamaal Wilkes Financial Advisors, LLC:
Why do so Few Investors Seem to
Understand
the Silver
Story?
By Peter Cooper
I
t is a mystery story really: why do so
few investors seem to understand the
case for silver? After all, the track record is formidable.
Silver prices have risen 10-fold in a decade, out performing
gold and pretty much any other investment available to the
ordinary investor.
You would need to have been a private equity investor like
Mitt Romney to have done better or some kind of hedge fund
rocket scientist trading derivatives in a favorable market.
Silver is a boring lump of metal and anybody could have
owned it. Those who did, and held their nerve during the
volatility, are laughing.
Tempus fugit
The die-hards who miss every major investment call
through excessive caution would now have it that silver’s
game is somehow up. Industrial use will plummet in another
global recession producing a panic crash in the silver price.
Well yes we saw that in 2009, except that silver prices
rebounded faster than almost anything else and went to
record a record high of almost $50 in April 2011. They then
corrected by half and have been trading in a narrow range
ever since, the classic market correction before another
price advance.
So if we have already seen the silver price have a major
correction recently why should it do so again if the rest-of-
the-world decides to do the same? Or if it does then why
should it be anything so dramatic? In short, this time the
volatility factor favors investment in silver rather than argues
against it.
Some serious investors probably will catch on to this point
very soon and indeed the technical data from the futures
market suggests those bets are already being placed. The
stage for another very powerful upswing in silver is being
set.
$50-60 target
Readers of Arabian Money will recall the predictions in the
Old Dubai Gold Souk of $50-60 silver by September. We
doubt this will be far wrong and it may be that these prices
are reached in advance of a global financial crash of some
variety in October that pulls silver down again.
Will silver then correct back to current prices or are these
prices a floor in the market that will not be seen again. We
wonder. With so much money printing by global central
banks, currency instability and the banking system under
severe pressure, silver is bound to shine sooner or later.
The latecomers to this investment party will then ask
themselves why they did not understand the silver story
earlier. 
Books to
Consider...
Doing Business by
the Good Book:
Fifty-two Lessons on
Success Straight From
the Bible
by David L. Steward
O
ur prayer for this book and our
newsletter is that they help,
inspire and guide you in your
business endeavors. Whether you
are an inspired entrepreneur, loyal
employee or committed home-maker,
God has a glorious plan and destination
just for you -- one that is limited only by
your faith and corresponding actions.
“I believe in applying biblical
principles to all my life, because it’s
not about what’s right for business.
It’s about what’s right. Our whole life is
God’s business!” – David L. Steward
In each of the 52 short chapters
(one for each week of the year), David
illustrates through personal anecdotes
and supporting scriptures the lessons
he learned as he built World Wide
Technology, Inc. from $0 to $1.2 billion
in less than 14-years.
“David Steward has demonstrated
how to apply Biblical principles and
Christian ethics on a daily basis while
David L.
Steward
Malik’s
Books
Online
see Books to Consider on page 105
Eso Won Books
African American Books
4327 Degnan Boulevard
Leimert Park, Los Angeles
Available
Now!
And check out
our unsurpassed
collection of books,
music, video,
children’s books, and
games!
323-294-0324
www.esowonbookstore.com
//esowon.booksense.com for Calendar of Events
M
alik’s Books has
closed
operations in the Baldwin Hills Mall. Malik’s is now operating as an online
bookstore. Malik’s is now available
to serve our customer’s needs 24/7
via the world wide web with bigger
deals and a larger selection. We will
remain as active in the South Los
Angeles community as we have always been.
Please visit us at www.Malikbooks.com and/or www.autographbooks.com.
For
other
information give us a call at 818-5645694.
If you want to coorespond with us,
send letters to Malik’s Books, 3939
Crenshaw Boulevard, #324, Los Angeles, CA 90008.
Thank You again for all your support and patronage over the years
and visit us on the Web. 
Malik’s Books
www.Malikbooks.com
www.autogrpahbooks.com
[email protected]
818-564-5694
Books to Consider
from page 104
doing business with integrity.”
—Reverend Jeremiah A. Wright, Jr.,
Senior Pastor, Trinity United Church of
Christ, Chicago, IL 
www.bythegoodbook.com
BRAND: YOU
- Personal Branding
for Success in Life and
Business
by Julius E. Rhodes, SPHR
In 1994 Mr. Rhodes began the
mpr group, a broad based human
resources consulting firm providing
customized training, consulting and
project management services.
Mr. Rhodes has facilitated numerous
human resources related activities in
manufacturing, health care, consumer
products and electronics, information
technology, educational and the
cultural arts for public and private firms
in the profit and not-for-profit sectors.
He has combined the knowledge,
training and insight garnered throughout
his career to produce a guidebook for
small business and personal branding.
BRAND: YOU – Personal Branding for
Success in Life and Business examines
these critical issues from the following
four areas:
• The Principles of Brand
Establishment
• Promoting Your Brand
• Challenges to Your Brand
• Change, and
• Presenting Your Brand
The text concludes with an afterward
that examines the issue of, where
do we go from here and provides a
strategic template of actions needed to
establish and solidify your brand.
Presented in a highly practical and
experiential format this book is an
Julius E.
Rhodes
essential read for anyone who wants to
gain further insights into the benefits of
personal branding in order to obtain the
success we all want on a personal and
professional basis.
The 2nd Edition of “BRAND: YOU”,
has just been released and contains
updated information including content
on presentation skills in face-to-face
and electronic situations.
To place an order for the book
($16.95), please visit the CONTACT
US section of the MPR Group web site
- www.mprgroup.info. 
www.usps.com/ship/express-mail.htm
www.mprgroup.info
Returning to
Africa?
African Repatriation is
an invaluable online
resource for any African
national who is thinking
about returning to Africa.
Our industry articles
and specialist editorials
provide the latest sector
information. Why not
find out for yourself
and become a part of
our growing community
today?
www.africanrepatriation.
com
Watch & Support
the
ASPIRE
Channel!
Time Warner • Comcast
Don’t have the ASPIRE Channel in your area? Call Time Warner at:
1-888-892-2253 and ask that the ASPIRE Channel be broadcast to ALL
regions of your state.
For information on the ASPIRE Channel visit www.theafricachannel.
com or send an e-mail inquiry to [email protected].
Career
Opportunities in
Africa
Search
and
apply
online for the latest
vacancies in Africa
with African Talent. We
provide candidates and
employers with the tools
and resources needed in
today’s competitive job
market. For employers,
we
offer
numerous
options to feature your
jobs in Africa and for
candidates, reviewing
the most recent job
vacancies in Africa is
a fast, easy process.
Uploading your CV is
simple and takes just a
few moments.
www.africantalent.com
BLACK MEETINGS &
TOURISM DIGITAL
MAGAZINE
T
he digital version of Black
Meetings & Tourism magazine is available on-line. The
current issues, as well as archived
issues, can be viewed by visiting
www.blackmeetingsandtourism.
com and click on the image link located on the home page.The digital
version is just a small part of BM&T’s
expanded on-line presence, which
includes a host of new departments,
the twice-monthly e-newsletter, an
increased focus on leisure travel,
and many new marketing opportunities. The newly designed website
offers a guest blog page, a video
page and a variety of interactive and
custom advertising products that will
allow vendors direct access to the
more than 45 billion dollar AfricanAmerican travel market. 
Tuesday, September 11th
“For everyone interested in doing
business with Metro”
Watch & Support the Africa Channel!
Time Warner • Comcast
Don’t have the Africa Channel in your area? Call Time Warner at:
1-888-892-2253 and ask that the Africa Channel be broadcast to ALL
regions of your state.
For information on the Africa Channel visit www.theafricachannel.
com or send an e-mail inquiry to [email protected].
International
Edition
Black
Business
News
View the
International Edition
at
www.bbala.org
and
www.blackbusinessnews.net
U.S. Sm
Reach Thousands
of the Nation’s Most
Influential African
Americans
all Bus
in
ess Adm
2007 A
inistra
tion
WARD
W
“Journ
alist of INNER!
the Yea
r”
YOUR LINK TO AFRICAN AMERICAN BUSINESS
ENTERPRISE
The Black Business Association, SBA 2007 Journalist of the Year, is
pleased to invite you to be an integral part of our publication. Black
Business News - Your Link to African American Business Enterprise
throughout the nation. The Black Business News is the ofÀcial voice
through which public and private entities advertise contract opportunities
available to black business enterprise. Gain access to a highly afÁuent target
market via outreach and advertising opportunities.
• Outreach to Black Businesses
• Advertorial/Feature Story Advertising
• Profiles and Business Listings
• Classified Ads and Bid Opportunities
Black
Business
News
Our readers are BBA members, Black business owners, corporate
buyers, prime contractors, community organizations and elected
ofÀcials, who all turn to the Black Business News for business
development news and information to take their business and
project efforts to the next level of proÀtability and success!
No
In Th vember 2008
is Iss
ue…
5 Co
ver S
tory:
we g
Wher
o
e do
Barack from h
er
Obam
USA.
a, 44th e?
Preside
6 Bla
nt of the
ck Bu
sines
Profi
s Succ
le
Dicker
ess
9 Fo son Employee
reclo
sure Benefits
$8.68
R
31 Sm Billion Settleme elief
nt.
all
Adm Business
inistr
Online
Train ation
ing for
Don’t be left out. Advertise in this door-opening publication.
Exporte
rs
Reserve Your Ad Space Today! Call (323) 291-9334
Deadline: Every third Friday of the Month!
50% Discount for Regular Financial BBA Members
Advertising Opportunities
Full Page Color w/Feature Story
Full Page Color
Half Page Color w/Feature Story
Half Page Color
Quarter Page Color
Eighth Page Color
Business Card Ad/Listing
1x
$2,500
$2,000
$1,250
$1,000
$ 500
$ 350
$ 125
3x
$2,250
$1,800
$1,200
$ 875
$ 450
$ 300
$ 100
Website Advertising Opportunity
Webpage, Link & Marketing Message
1x
$ 125
3x
6x
12x
$ 100 $ 80 $ 60
E-Blast Advertising Opportunity
Issue Dedicated Marketing Message
1x
$2,200
Custom Reprint
Issue a specific article
1x
$500
RATES SUBJECT TO CHANGE
6x
12x
$1,600
$1,150
$ 825
$ 400
$ 250
$ 80
$1,400
$1,100
$ 775
$ 350
$ 200
$ 60
Presid
The H
o
ent-E norable B
ar
lect o
f the U ack H. O
bama,
nited
States
of Am
er
ica
Ad Type
Measurements
Full Page
10.25”x12.75”
Half Page
10.25”x 6.75”
Half Page
5.00”x12.75”
Quarter Page 5.00”x 6.75”
Eighth Page
5.00”x 3.00”
For more information contact: Earl “Skip” Cooper, II at 323-291-9334 E-mail: [email protected]
Calendar
August…
8th - 9th
USDOC Export Regulations
Seminar
This workshop explains the Export Administration Regulations and Export
Management Compliance Program.
This program is well suited for those
who need a comprehensive understanding of their obligations under the
Export Administration Regulations
(“EAR”). Visit www.regonline.com/bis2012la for information and to register.
9th - 11th
17th Annual Ron Brown Business
and Economic Summit
The California Black Chamber of
Commerce and Foundation event
in San Diego will feature exploration
of business and contract opportunities within the California High Speed
Rail development project. The all day
Youth Summit will take place on the
9th. Go to www.calbcc.org for details.
20th - 24th
Leon H Sullivan Summit IX 2012
The 9th Africa Rising international
business conference will be held in Malabo, Equatorial Guinea. Go to www.
thesullivanfoundation.org for details.
24th - 26th
information visit www.panamagastronomica.com.
30th - 09/3rd
Black Enterprise/Pepsi Golf and
Tennis Challenge
Call (800) 209-7229 or REGISTER at
www.blackenterprise.com/gt.
September…
5th - 13th
Trade Mission to China
The delegation will participate in the
16th Annual China International Fair
for Investment and Trade (CIFIT) in
Xiamen to promote California exports.
Please contact: Ethan Devine, Asia
Desk Manager, WORLD TRADE CENTER San Diego, (619) 615-0868 or
[email protected].
6th - 7th
3rd Annual Pan African Trade and
investment Conference
For information contact: Al Washington
at 626.321.7041 or alwash9727@aol.
com or visit www.panafricanglobaltradeconference.com.
25th - 27th
Minority Enterprise Development
Week Conference
The 30th anniversary MED WEEK conference will be held at the Omni Shoreham Hotel in Washington, DC. For information visit www.medweek.gov.
October…
10th - 13th
African Fashion Week Los Angeles
The event will link international
partners, local buyers, agents, editors,
celebrities, and industry insiders to the
vibrant fashions that Africa has to offer.
Information for designers, sponsors,
attendees, etal is at www.afwla.org.
11th
9th Annual Black Business
Association Procurement Exchange
Summit
Features: One-on-One Matchmaking
Appointments, Business Development
Workshops, and the Annual Awards
Luncheon. Omni Hotel, Los Angeles.
Go to www.bbala.org for details.
November…
26th-30th
USDOC Trade Mission to South
Africa and Zambia
SOUTH AFRICA is the most advanced, broad-based industry and productive economy in Africa. ZAMBIA is
geographically well placed to become a
regional hub as it shares its border with
eight countries. Registration deadline
is October 5, 2012. Go to www.export.
gov/trademissions/SouthAfricaZambia
for information and registration.
February 2013…
7th-18th
Pan African Film Festival
Details are available at www.paff.org. 
Black Business Network
Convention 2012
Come experience the biggest weekend
of Black business training ever, along
with the inspiration, the motivation, the
networking and more in Atanta, GA!
www.BlackBusinessNetwork.com.
30th - 09/2nd
Panama Gastronomic 2012
Market your gastronomic products and
services at this international fair. For
News
Black Business
ion
International Edit
l African Economic
Serving the Globa
Community
Fall 2008
USD$5.00
Contents
g: EOY charitable
housCorporate Givin
health, education,
opportunities in
ing, and more.
ent in Africa’s tour-
Tourism: Investm
is evident
active, vital and
ism industry is
ent.
all across the contin
Feature Articles:
Constructisve
“Strategies For the
Engagement with
”
African Diaspora
gement:
“Diaspora Enga
Beyond”
Remittances &
le: Moyo District
InvestmentofProƤ
Uganda
of the Republic
tory
Professional Direc
Charitable Inves
tments
recently orpa
, III in Ghana with
Rev. Leon R. Perrysee Corporate Giving page 21
ned twins
Black Business News
Black Business News
International
Black Business News
Travel Africa
• Get the News You Need
• Find the Information that will
Make a Difference
• Promote Your Business
Worldwide
• Send Your Contact Information to
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Name, Company, Industry Website, E-mail

International - Black Business Association

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