Feb 27,2007 00:00
The U.S. Department of Labor today announced a $3.3 million grant to the Denver-based National Business Information Clearinghouse (NBIC) to assist minority entrepreneurs in overcoming barriers to starting and maintaining a small business.
"This $3.3 million grant will help foster the development of minority entrepreneurs," said Secretary of Labor Elaine L. Chao.
Through this grant, NBIC will support the startup and growth of small businesses in regions across the country, including those participating in the Workforce Innovation in Regional Economic Development (WIRED) initiative. NBIC will combine innovative Web-based resources, on-the-ground technical assistance and training to foster successful entrepreneurship in regional economies.
Working with partners throughout the country including
NBIC also will develop a unique Web-based resource providing relevant information on marketing and managing a small business as well as community resources for existing and prospective entrepreneurs. The tool will be accessible through participating
"Successful small businesses are the backbone of regions competing in the global arena," said Assistant Secretary of Labor for Employment and Training Emily Stover DeRocco. "With this project, NBIC will serve as a crucial resource for entrepreneurs aiming to create, sustain and grow small businesses along with their regional economies."