ADVISORY/Metropolitan to Sign First-of-Its-Kind MOU with Federal Agency to Support Opportunities for Minority-Owned Small Businesses in Southern California.News & Business Editors ADVISORY...for Tuesday Tuesday: see week. , July July: see month. 8 --(BUSINESS WIRE)
WHAT: Signing ceremony for Memorandum of Understanding (MOU)
between Metropolitan Water District and Minority
Business Development Agency (MBDA), an agency of the
U.S. Department of Commerce, to launch joint effort in
expanding opportunities for minority-owned small
businesses in Southern California
WHEN: 9:30 a.m., Tuesday, July 8
WHERE: Board Room, Metropolitan headquarters, 700 N. Alameda
St., next to Union Station, downtown Los Angeles
(Los Angeles County Thomas Guide, page 634, G-3)
PARTICIPANTS: Ronald N. Langston, National Director, MBDA
Ronald R. Gastelum, Metropolitan president and chief
executive officer
BACKGROUND: With the common goals of promoting entrepreneurial
development, stimulating growth for minority business
enterprises and small business, and creating and
retaining jobs in Southern California, Metropolitan and
MBDA will formalize a partnership with the signing of
this MOU. The first of its kind for MBDA in the United
States, this MOU will be used as a template for the rest
of the nation. Both agencies will pool their resources
to better promote business opportunities and to service
the needs of minority-owned and small business clients.
MBDA has the responsibility of providing information,
management and technical assistance through different
resource centers in the United States to existing and
prospective minority business enterprises. This effort
comes to a crossroads with the focus of Metropolitan's
Regional and Small Business program that is working to
expand contracting opportunities in Southern California.
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