Part 1 of 2 of a series around LGBT economic development
On November 15, 2012, it was truly an exciting privilege to attend the first ever Federal Government Procurement Fair for LGBT (Lesbian, Gay, Bisexual, Transgender) owned businesses. The event was organized by the National Gay and Lesbian Chamber of Commerce (NGLCC), the certifying body for LGBT business enterprises. And the NGLCC provides a wide range of support services to LGBT-owned businesses as well as for the corporate partners who now include LGBT in the supplier diversity mix.
The afternoon session was appropriately held at the US Department of Commerce Building in Washington, DC. Before the 50 to 60 LGBT business owners started visiting with the approximately dozen Federal agencies that were represented, we had a dynamic and inspiring 45 minute session with several short addresses.
Dr. Rebecca Blank, the Acting Secretary of Commerce and Deputy Secretary of Commerce delivered a compelling speech on
• That LGBT entrepreneurs can start businesses that help spur economic growth
• That creative LGBT business owners can develop innovative products and deliver more efficient processes that will help our economy
• LGBT entrepreneurs starting business can help grow jobs
Dr. Blank also praised the work being done by the NGLCC with its US government sanctioned trade mission to Colombia, since LGBT business have special products and expertise that international markets want … and this also helps the US balance of trade.
Later on this week I will write a second blog connecting several aspects of the LGBT community to our country’s economy.