Presidential Document2021-20625
Minority Enterprise Development Week, 2021
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 22, 2021
Signed
September 17, 2021
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 86 Issue 181 (Wednesday, September 22, 2021)</title>
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[Federal Register Volume 86, Number 181 (Wednesday, September 22, 2021)]
[Presidential Documents]
[Pages 52587-52588]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-20625]
Presidential Documents
Federal Register / Vol. 86, No. 181 / Wednesday, September 22, 2021 /
Presidential Documents
___________________________________________________________________
Title 3--
The President
[[Page 52587]]
Proclamation 10260 of September 17, 2021
Minority Enterprise Development Week, 2021
By the President of the United States of America
A Proclamation
For many families, a business is more than a job--it is
the fulfillment of a dream: a better life, a family
legacy, a place in the community. Minority businesses
in particular are the heart and soul of so many
communities across our Nation. From Wall Street to Main
Street, over 9.2 million minority business enterprises
(MBEs) support jobs and generate more than $1.8
trillion for our economy every year. During Minority
Enterprise Development Week, our Nation recognizes the
importance of minority-owned businesses and the impact
they have on every community.
Even as the COVID-19 pandemic continues to test
America's businesses like few events in our Nation's
history, MBEs and minority business owners have shown
remarkable resilience, working around the clock and
adapting to changes to keep their businesses running
and their employees safely working. Despite these
efforts, minority-owned businesses have been
disproportionately hard-hit, with many forced to shut
down because of revenue losses and many more hanging on
by a thread.
My Administration is committed to supporting minority
entrepreneurs and minority-owned businesses. On my
first day in office, I signed an Executive Order
directing the entire Federal Government to advance
equity for underserved communities across our Nation,
specifically with respect to Federal procurement. In
order to help our struggling businesses during the
darkest moments of the pandemic, my Administration
revamped the Paycheck Protection Program to provide
greater access to small businesses, including minority-
owned businesses.
Because the Federal Government is the Nation's largest
buyer, purchasing $600 billion of goods and services
each year, and because these purchases not only meet
our Nation's needs but also supply economic
opportunity, I recently announced a new goal to
increase the share of contracts awarded to small
disadvantaged businesses by 50 percent over the next 5
years. Additionally, my Bipartisan Infrastructure Deal
will expand the authority and stature of the Minority
Business Development Agency within the Department of
Commerce so that it can continue to break barriers,
blaze new trails, and eliminate the unique challenges
minority-owned businesses face in accessing capital,
contracts, and market avenues to success.
During Minority Enterprise Development Week, we
recognize that our Nation and our economy are stronger
because of the hardworking men and women who comprise
America's minority business community. They
consistently demonstrate the courage it takes to
overcome adversity, seize opportunity, and contribute
to our shared prosperity.
NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of
the United States of America, by virtue of the
authority vested in me by the Constitution and the laws
of the United States, do hereby proclaim September 19,
2021, through September 25, 2021, as Minority
Enterprise Development Week. I call upon the people of
the United States to acknowledge and celebrate the
achievements and contributions of minority business
entrepreneurs and enterprises and commit together to
promote systemic economic equality.
[[Page 52588]]
IN WITNESS WHEREOF, I have hereunto set my hand this
seventeenth day of September, in the year of our Lord
two thousand twenty-one, and of the Independence of the
United States of America the two hundred and forty-
sixth.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
[FR Doc. 2021-20625
Filed 9-21-21; 8:45 am]
Billing code 3295-F1-P
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</html>Indexed from Federal Register on September 22, 2021.
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