Minority Enterprise Development Week, 2019, 48541-48542 [2019-20053]

Agencies

• Executive Office of the President

[Federal Register Volume 84, Number 178 (Friday, September 13, 2019)]
[Presidential Documents]
[Pages 48541-48542]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20053]



[[Page 48539]]

Vol. 84

Friday,

No. 178

September 13, 2019

Part VI





The President





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Proclamation 9924--Minority Enterprise Development Week, 2019


                        Presidential Documents 



Federal Register / Vol. 84 , No. 178 / Friday, September 13, 2019 / 
Presidential Documents

___________________________________________________________________

Title 3--
The President

[[Page 48541]]

                Proclamation 9924 of September 9, 2019

                
Minority Enterprise Development Week, 2019

                By the President of the United States of America

                A Proclamation

                During Minority Enterprise Development Week, our Nation 
                celebrates the success of minority-owned businesses and 
                recognizes their significant role in strengthening our 
                country's robust economy. The contributions of these 
                enterprises ensure American companies remain world 
                leaders in the global marketplace.

                This year marks the 50th anniversary of the Minority 
                Business Development Agency (MBDA), which was 
                originally named the Office of Minority Business 
                Enterprise. When President Richard Nixon signed the 
                Executive Order creating the Office of Minority 
                Business Enterprise in 1969, the Nation's minority 
                population was less than 40 million. Today, the 
                minority population has more than tripled to 130 
                million, or more than 39 percent of the total American 
                population. Minorities own almost 30 percent of 
                America's businesses, which employ 7.2 million 
                Americans and generate over $1 trillion a year in 
                revenue. Indeed, the number of minority-owned 
                businesses in operation nationwide has increased by 38 
                percent since 2007.

                As President, I have taken critical steps to ensure 
                that all Americans have the opportunity to prosper. 
                During my first year in office, I achieved significant 
                regulatory reform and signed into law the historic Tax 
                Cuts and Jobs Act, creating opportunity zones to help 
                those in distressed communities. These opportunity 
                zones have ushered in a new era of economic potential 
                and access to capital in areas that need it the most. 
                From the rural heartland to urban centers, 
                traditionally overlooked communities are now 
                destinations for financial growth with potential for 
                unlimited prosperity. I also took action to help 
                minority-owned businesses expand on their economic 
                success by shedding burdensome regulations. Under my 
                direction, Federal agencies removed 14 regulations for 
                every new regulation added during the first 2 years of 
                my Administration, and we remain committed to freeing 
                minority-owned businesses from unnecessary Government 
                restraints.

                With renewed emphasis on innovation, policy 
                development, international trade, and digital 
                transformation, MBDA is promoting policies to encourage 
                the continued growth of minority-owned businesses and 
                prepare them for new and emerging industries, such as 
                artificial intelligence and space commercialization. In 
                2018, I signed an Executive Order establishing the 
                President's National Council for the American Worker so 
                that the next generation of our country's resilient 
                workforce receives the innovative education and job 
                training needed to succeed in a 21st century global 
                economy. The Pledge to America's Workers, an initiative 
                created through this Executive Order, is helping 
                minorities and all Americans become stronger members of 
                our labor force. Today, more than 300 companies and 
                organizations have signed the Pledge and committed to 
                more than 13 million new education and training 
                opportunities, many of which will help minority workers 
                and students be better equipped to succeed.

                Minority-owned businesses are helping to power the 
                engine of American capitalism. The ambition of minority 
                entrepreneurs secures a better future

[[Page 48542]]

                for their families, their communities, and the Nation. 
                This week, and throughout the year, we celebrate the 
                great achievements of our minority-owned businesses.

                NOW, THEREFORE, I, DONALD J. TRUMP, 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 8 through 
                September 14, 2019, as National Minority Enterprise 
                Development Week. I call upon all Americans to 
                celebrate this week with programs, ceremonies, and 
                activities to recognize the many contributions of 
                American minority business enterprises.

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                ninth day of September, in the year of our Lord two 
                thousand nineteen, and of the Independence of the 
                United States of America the two hundred and forty-
                fourth.
                
                
                    (Presidential Sig.)

[FR Doc. 2019-20053
Filed 9-12-19; 11:15 am]
Billing code 3295-F9-P