South Asian American Business Focus Group Shares Their Personal Experiences and Dreams
Atlanta, GA | November 2, 2011
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) National, with the assistance of USPAACC South East Regional Chapter, today conducted a focus group of South Asian American businesses in Insurance, Manufacturing, Media, Legal Services, Web Services, Information Technology, Supply Chain Management, and Natural Resource Conservation. This is one of 13 meetings held nationwide as a part of a pioneering study of Asian American businesses in the six largest Asian American ethnic groups in the country: Chinese, Filipino, Asian Indian, Japanese, Korean and Vietnamese. It is intended to provide a better understanding of the challenges, needs, anticipations, expectations and aspirations of the Asian American business community.
The meeting focused on the experiences of the vibrant South Asian American businesses community, the dynamics and their contributions towards the vitality of the country. The group shared their thoughts, personal experiences, hurdles overcome, and the influences of their ethnic values and practices which are the reasons for their successes.
The result of the focus group meeting will be a part of a study to be published and distributed nationwide. It will provide mainstream American corporations, government agencies and other organizations a better understanding of the dynamics of the diverse Asian American business community; and further highlight the contributions Asian Americans have made toward the vitality of the country by showcasing them to a wider public.
For details: www.uspaacc.com or www.uspaacc-se.com
USPAACC Western Region Holds “Procurement Connections” Event in San Jose
San Jose, CA | October 25, 2011
San Jose, CA, October 26, 2011 – The ‘Asian American Business, Corporation and Government Agency of the Year Awards’ were presented last night at the Wyndham Hotel in San Jose, California immediately after the Procurement Connections event earlier in the day. Hosted by USPAACC West, the events were attended by over 150 Asian American businesses from a variety of industries, Fortune 500 companies and government officials from federal, state, and local levels.
Asian American Business of the Year Awards were presented to Sainergy, Inc., Fine Tec Computer and Ameredia; Corporation of the Year Awards’ winners were Southern California Edison, PG&E and AT&T, and Government Agency of the Year Awards went to Los Angeles World Airports, Lawrence Berkeley National Laboratory and Caltrans.
“We take pride in recognizing the continued robust growth and community service shown by Asian American-owned businesses across industries, even in these challenges economic,” said Clyde Wong, USPAACC Western Region President. “We applaud Western Region corporations and government agencies for their commitment to supplier diversity and ensuring equal opportunities for Asian American businesses.”
“This is a great event, full of energy, full of curiosity and forward thinking business owners. I am so glad to be here all day today. It is time well spent”, Vanna Truong, Vice President, Business Development Officer, Wells Fargo.
“As usual, USPAACC hit the ball out of the pock park. We have qualified Asian American businesses here that are ready, willing and capable to do business with major corporations and their second tier vendors. AT&T is just delighted to be a part of this event and we look forward to more collaboration”, Marianne Strobel, Executive Director, Supplier Diversity, AT&T.
“I second the Chinese adage ‘When you drink the water, remember the source’. We actively stand on the shoulders of many folks who worked before us in the supplier diversity arena. Here USPAACC has done a wonderful job of educating, training and creating business opportunities for Asian American suppliers and I am delighted to be associated with them”, David Chen, Ph.D., Deputy Procurement Manager, Lawrence Berkeley National Laboratory.
“The Award is great, but we all share in it. Because we are here to help you, and make it worth it and of true value to you! That is why I got up this morning, put on a nice suit and drove 2.5 hours to come to this event and I am just delighted to be here,” Robert Padilla, Disadvantaged Business Enterprise Program Manager, Caltrans.
“My congratulations on behalf of SBA San Francisco District Office for all the hard work put into last night’s event. It was truly a team effort that led to raves from the participants. Corporate sponsors, organizations, & attendees praised USPAACC for giving them the opportunity to make true connections with quality people”, Edwin Joe, Staff Counsel and Special Assistant U.S. Attorney, SBA San Francisco District Office.
Wells Fargo, AT&T, Kaiser Permanente, Ameredia, Sugar Bowl Bakery, The Coca-Cola Company, ITSource Technology, Metropolitan Transportation Commission and Teruko Weinberg sponsored the event.
During “Access to Capital: Do’s and Don’ts” speakers from Wells Fargo, Bank of America, East West Bank, Technology Credit Union, Opportunity Fund and SBA San Francisco District Office provided lively yet substantive workshop on where and how to obtain working and investment capital at this challenging economic time. They all shared some common threads of wisdom but each had their own signature trademark representing the individual organizations’ specialties. All talked about getting prepared, doing your homework, paying your taxes, having a good financial plan, a good CPA and a good relationship with the banker. Distinctions between services of a credit union, community development fund and a traditional bank were drawn clearly for the participants who now are wiser and armed with more information to make their financial decisions to borrow, to invest, and identify the right professional help.
At “Unlocking Doors to Business Opportunities with Large Corporations and Government Agencies” AT&T gave a very clear and concise picture of what it takes to do business with a major corporation, how they select vendors, especially the small ones, and their contract cycle. SBA’s description of the 8(a) business development program, and Minority Business Development Agency’s (MBDA) offer of assistance to small and minority business at their centers around the country provided not only start-ups but ongoing businesses with resources that are mostly free which is a valuable opportunity for the participants especially at this time of the economy. Boeing’s description of a Mentor Protégé program, how it looks and works from a perspective of a corporation was not only an eye opener but a lesson for small businesses to learn. Caltrans’ open invitation to the audience to call on their office for assistance will surely be taken on with great enthusiasm by the folks present. PG&E described their own procurement system and promises to be responsive to folk who want to do business with them and are prepared to do so by, once again, doing their homework first.
The “Diverse Suppliers Go Green” workshop, presented by PG&E, designed to prepare diverse suppliers to more fully participate in the green economy, provided specifics on how to get started on implementing a green program and become part of the green supply chain.
The corporations present at this Procurement Connections event said the suppliers they met were quality. The suppliers present said they learned a great deal from the workshops on how to access capital, and how to do business with corporations and the government at the federal, state and local level. One of the Chinese American business owners, who had attended many other similarly promoted events, said this was the most substantive one and he wants to come again.
For details: www.uspaacc-west.com or www.uspaacc.com
About USPAACC Western Regional Chapter:
Founded in 2004, USPAACC Western Regional Chapter (USPAACC West) is an affiliate of USPAACC Education Foundation, a 26-year-old national non-profit non partisan organization that has been the single, unified voice advocating for the preservation of equal opportunities for Asian Americans in the United States. We promote and propel economic growth by opening doors to business, professional and educational opportunities for Asian Americans and their business partners in Fortune corporations, government at the federal, state, and local levels, and the small and minority community. Since 1984, USPAACC has served and will continue to serve as the gateway to Asian American suppliers, and information about Asian Americans and the dynamic Asia market.
Headquartered in Washington DC, USPAACC reaches its nationwide network of Asian American businesses through regional chapters in California, Texas, New York, Georgia, Illinois, and the National Capital Area of D.C.-Maryland-Virginia.
Contacts:
Anna Strzala Carolina Madrid
.(JavaScript must be enabled to view this email address) .(JavaScript must be enabled to view this email address)
202-378-1122 415-788-5100 x 116
Secrets to Building Multi-Million Business Through Corporate Contracting Unveiled at CelebrAsian
WASHINGTON, DC | May 27, 2010
Successful Corporate contractors shared their secrets and experiences at the session “How We Built a $120 Million Business Through Corporate Contracting” held on May 26 at the Omni Shoreham hotel in Washington, DC.
David Zhou, Chief Operating Officer of VXI Global Solutions, a company that specializes in application development outsourcing and call center solutions, was the featured speaker. He was joined by Charles Chang, President of Topline Products, and Andrew Ly, President & CEO of Sugar Bowl Bakery.
At the session, moderated by Rengen Li, Global Manager of Supplier Diversity at The Coca-Cola Company, the speakers shared their experiences in building a successful business through corporate contracting. They also addressed the challenges and offered forward-looking solutions related to procurement and supplier-related issues.
Presented by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), the session was part of USPAACC’s 25th Anniversary CelebrAsian Business Opportunity Conference, held on May 25-27, at The United States Capitol, Omni Shoreham hotel, and The Ritz-Carlton, Washington DC.
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
PepsiCo Chairman and CEO Indra Nooyi was the Conference Chair; PepsiCo and Wells Fargo were the Corporate Co-Chairs; Alorica, Inc. was the Asian American Business Co-Chair.
The Conference Program included wealth-creating sessions and turned the spotlight on outstanding achievements, such as: The International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market; How We Built a $120 Million Business through Corporate Contracting (in 12 Years); How I Built a $300 Million Business Through Federal Contracting (in 12 Years); Doing Business with Corporations 101; Summit on the Future of Corporate Supplier Diversity and Federal Small Business Programs; Where are the Opportunities for Sustainability and How to Access Them; USPAACC/Wells Fargo Asian Business Leadership Award Luncheon to recognize three winners for their unique business model, success and community spirit; 25th Anniversary Awards & Recognition Gala with Pinnacle Award Recipients U.S. Senators Inouye and Akaka, and Woman Pioneer Awardee Harriet Michel; Presentation of the “Fast 50 Asian American Businesses” who, together, grossed $4.5 billion last fiscal year; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; Business Leaders & Scholarship Luncheon where 20 college scholarships were awarded; and much more (*business term meaning “connections” or “relationship”).
USPAACC’s Fast 50 Asian American Businesses Unveiled at CelebrAsian 2011
WASHINGTON, DC | June 2, 2011
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) officially unveiled its 2011 list of Fast 50 Asian American Businesses at the Excellence Awards Gala, at USPAACC’s flagship CelebrAsian Business Opportunity Conference, on May 24 at the Millennium Biltmore hotel in Los Angeles. Their Founders, CEOs, COOs and Presidents flew in from all over the country for the black-tie event.
Over $3.8 billion sales were generated by USPAACC’s 50 Asian American businesses in 2010. They represent a wide range of industries nationwide — supply chain management, healthcare, professional staffing, food wholesale, IT, environmental, green energy, media, etc. — in at least eight ethnic groups: Chinese, Indian, Japanese, Korean, Malaysian, Philippine, Taiwanese and Vietnamese.
The top spot went to Care.com of Waltham, Massachusetts, with a recorded growth rate of over 500% in the past three years, with an average revenue of $3.9 million for the same period.
SearchPros of Citrus Heights, California, came in second, with 390% growth rate and an average revenue of $6.4 million for the last three years.
The growth rates were verified, ranked and officially revealed by Ernst and Young at the Gala Dinner.
“USPAACC has been proud to recognize and showcase the continued robust growth shown by Asian American-owned businesses across industries—even during challenging economic times,” said Susan Au Allen, USPAACC National President & CEO. “We congratulate our Fast 50 Asian American Businesses—proof positive that through innovation, hard work, and ingenuity, Asian Americans can effectively compete in the mainstream and remain at the forefront as catalysts to the revitalization of our national economy.”
CelebrAsian is the oldest and largest annual national pan Asian American business conference in the United States. Every year, CelebrAsian provides American and other small and minority businesses wide access to contract opportunities and jobs in growth industries, strategic solutions and best practices to thrive in the current market. It also connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 1000 Corporations, the Federal, State and Local government, and the small and minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking events.
The theme for the Conference, held May 23-25, was “Together We’re Better,” Corporate Co-Chairs Hyatt Hotels and Resorts, PepsiCo, Verizon and Wells Fargo; Asian American Business Co-Chairs Collabera, Fortinet, Inc., and VIZIO, and three Brain Trusts representing Corporations, Government and Asian American businesses provided unprecedented financial support and thought leadership.
To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by the global professional services firm of Ernst and Young.
Over $3.8 billion revenue and up to 500% growth rate in 2010, USPAACC reports .
Business Opportunities Explored at CelebrAsian Conference 2011 held in Los Angeles, May 23-25
LOS ANGELES, CALIFORNIA | May 27, 2011
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) held its annual flagship event CelebrAsian Business Opportunity Conference 2011 on May 23-25 at the iconic Millennium Biltmore hotel in Los Angeles, California. This year’s theme was “Together We’re Better.”
Corporate Co-Chairs were Hyatt Hotels and Resorts, PepsiCo, Verizon and Wells Fargo.
Asian American Business Co-Chairs were Collabera, Fortinet, Inc., and VIZIO.
Featured speakers and guests included Los Angeles Mayor Antonio Villaraigosa; Olympic Medalist for Speed skating Apolo Ohno; California Assembly Member and Speaker Pro Tempore Fiona Ma; California State Controller John Chiang; Alorica Founder & CEO Andy Lee; VIZIO Founder and CEO William Wang; Fortinet Founder & CEO Ken Xie; Collabera Founder & CEO Hiten Patel; PepsiCo Senior Vice President & Chief Procurement Officer Grace Puma; American Red Cross Vice President & Chief Procurement Officer Jill Bossi; Hyatt Hotels & Resorts Vice President, Global Diversity & Inclusion Salvador Mendoza; and Wells Fargo Washington Regional President & Seattle Federal Reserve Board Member Patrick Yalung. Irvine Mayor Sukhee Kang and Monterey Park Mayor Anthony Wong also came and welcomed participants to the Conference.
CelebrAsian 2011 had over 80 Corporate and Asian American Business sponsors, and more than 60 participating Fortune Corporations, 30 Government Agencies, 4 Media partners, and over 45 different types of commodities that needed to be purchased across industries.
Among the highlights of the Conference was the presentation of USPAACC’s Fast 50 Asian American Businesses, whose collective revenue for last year was over $3.8 billion.
CelebrAsian is the oldest and largest annual national pan Asian American business conference in the United States. Every year, CelebrAsian provides American and other small and minority businesses wide access to contract opportunities and jobs in growth industries, strategic solutions and best practices to thrive in the current market. It also connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 1000 Corporations, the Federal, State and Local government, and the small and minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking events.
“USPAACC has always taken great pride in recognizing and showcasing the continued robust growth shown by Asian American-owned businesses across industries—even during challenging economic times,” said Susan Au Allen, USPAACC National President & CEO. “Thanks to the continued generous support of our sponsors and members, USPAACC—the metaphorical acorn—has now grown into a sturdy oak tree which today reaches out to over 15,000 business-to-business Asian American-owned enterprises nationwide to help them thrive in the mainstream.”
The specially-designed sessions provided a roadmap to procurement and contract opportunities, growth areas, best practices, and strategic solutions for small and minority businesses in the marketplace.
Sessions and special events included: International CEO Forum; Asia Trade Mission Forum; How We Started Building a Multi-Million Dollar Business While Under 30 Years Old; Welcome Reception and California Business Awards; How to Do Business with the Federal Government; Federal Contracts Town Hall Meeting; Supplier Diversity Summit: Measuring Corporate Success – Are You There Yet?; Doing Business with Corporations 101: Challenges and Opportunities; Business Express: Ready Set Grow; Green and Renewable Energy: Where are the Opportunities and How to Access Them?; USPAACC/Wells Fargo Business Express Program Luncheon; Gala Awards and Appreciation Dinner; Presentation of the Fast 50 Asian American Businesses; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; and the Business Leaders and College Scholarship Luncheon (*Guanxi is a business term meaning “connections” or “relationship”).
Visit http://www.uspaacc.com or http://www.celebrasianconference.com for details.
Secrets and Strategies on How to Do Business with the Federal Government at CelebrAsian 2011
WASHINGTON, DC | May 3, 2011
How do you sell to the $500 billion purchases the Federal government makes each year? How do you sell through set aside contracts for 8(a), minority-owned, women-owned and HUBZone firms?
Successful federal contractors will tell you the inside scoop. Be part of the $125 billion federal purchases from small and minority businesses. Be there – How to Do Business with the Federal Government on Tuesday, May 24, 8:00 - 9:00 a.m., Millennium Biltmore Hotel in downtown Los Angeles.
Federal Contracts Town Hall Meeting will follow, 9:15 - 11:45 a.m. You will get a full briefing on where the money and opportunities are.
U.S. Departments of Homeland Security, Health & Human Services, Treasury, Interior, U.S. Agency for International Development, Federal Deposit Insurance Corporation, General Services Administration, California Department of Transportation (CALTRANS), and more are buying!
This specially-designed session is part of CelebrAsian Business Opportunity Conference 2011, the annual national flagship event of the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), to be held on May 23-25. CelebrAsian 2011 provides American and other small and minority businesses wide access to contract opportunities and jobs in growth industries, strategic solutions and best practices to thrive in the current market.
Corporate Co-Chairs are Hyatt Hotels and Resorts, PepsiCo, Verizon and Wells Fargo. Asian American Business Co-Chairs are Collabera, Fortinet, Inc., and VIZIO.
Business Opportunities in Green and Renewable Energy to be Explored at CelebrAsian 2011
WASHINGTON, DC | May 3, 2011
The global shift to clean energy sources provides a wealth of business opportunities. Companies of every size want to change over to cleaner, cheaper energy sources and the supplier market is expected to grow exponentially in the renewable energy field in the coming years.
Over $10 billion is spent each year on energy-using products and services and the Federal government gives special opportunities for companies selling energy-efficient and green products and services. U.S. Department of Energy (DOE) uses major contractors to do its work, including: Lawrence Berkeley National Laboratory, Los Alamos National Laboratory, Oakridge National Laboratory, and Sandia National Laboratory.
Learn more about these great business prospects at the session on “Green and Renewable Energy: Where are the Opportunities and How to Access Them?” to be held on May 24, 2011 (Tuesday) at 3:30 – 4:45 p.m. at the Millennium Biltmore hotel in Los Angeles, California. This forum is ideal for those who want to sell to DOE and are interested in green industry opportunities.
This session is part of CelebrAsian Business Opportunity Conference 2011, the annual national flagship event of the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), to be held on May 23-25. CelebrAsian 2011 provides American and other small and minority businesses wide access to contract opportunities and jobs in growth industries, strategic solutions and best practices to thrive in the current market.
Corporate Co-Chairs are Hyatt Hotels and Resorts, PepsiCo, Verizon and Wells Fargo. Asian American Business Co-Chairs are Collabera, Fortinet, Inc., and VIZIO.
LA Mayor Villaraigosa, Olympian Apolo Ohno, Top Asian American CEOs to Speak at CelebrAsian
WASHINGTON, DC | April 3, 2011
USPAACC’s CelebrAsian Business Opportunity Conference, to be held May 23-25, 2011 at the Millennium Biltmore Hotel in Los Angeles, California, will feature dynamic speakers including Los Angeles Mayor, Antonio Villaraigosa; Olympic Speedskating Gold Medalist, Apolo Ohno; California Controller, John Chiang; Collabera Founder & CEO, Hiten Patel; Fortinet Founder & CEO, Ken Xie; and VIZIO Founder & CEO, William Wang.
CelebrAsian 2011 will also include speakers from Fortune Corporations and Government Agencies, including: Jim Costa, V.P. Global Procurement Capital, MRO, PepsiCo; Patrick Yalung, Washington Regional President, Wells Fargo and Federal Reserve Board Member, Seattle; Fred Lona, Senior Director, Supplier Diversity, Hilton Worldwide; Kevin Boshears, Director, U.S. Department of Homeland Security, OSDBU; and many more.
Collabera, Fortinet and VIZIO are the Asian American Business Co-Chairs. Corporate Co-Chairs are Hyatt Hotels and Resorts, PepsiCo, Verizon and Wells Fargo. CelebrAsian is the only national pan Asian American business conference in the United States. Based on previous attendance records, close to 800 participants are expected to come from all over the country, representing Fortune 500 corporations, Government Agencies and leading Asian American, small and minority businesses.
Conference sessions include International CEO Forum; Asia Trade Mission Forum; How We Started Building a Multi-Million Dollar Business While Under 30 Years Old; Welcome Reception and California Business Awards; How to Do Business with the Federal Government; Federal Contracts Town Hall Meeting; Supplier Diversity Summit: Measuring Corporate Success – Are You There Yet?; Doing Business with Corporations 101: Challenges and Opportunities; Advanced Procurement: Fast-Track My Business to the Next Level; Green and Renewable Energy: Where are the Opportunities and How to Access Them?; Gala Awards and Appreciation Dinner; Presentation of the Fast 50 Asian American Businesses; Guanxi* Supplier Opportunity Fair • One-on-One Prescheduled Business Matchmaking Meetings; and the Business Leaders and College Scholarship Luncheon (*Guanxi is a business term meaning “connections” or “relationship”).
USPAACC Western Region Presents ‘California Top 10 Asian American Business Awards
San Francisco, CA | March 10, 2011
The ‘California Top 10 Asian American Business Awards’ were presented last night at the Hyatt Regency Embarcadero Center in San Francisco, California. The event, hosted by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) Western Region and U.S. Small Business Administration, had over 125 in attendance.
The Awards were presented, in alphabetical order of company name, to Allstate Engineering; Ameredia; Akraya, Inc.; Intellix Solution, Inc.; It Source Technology; netPolarity, Inc.; SearchPros Solutions; Singh Group, Inc.; Zero Waste Solutions, Inc.; and VXI Global Solutions. The final ranking shows a great majority of the honoree companies generated over 100% growth rate within the last three years, with individual companies generating as much as 380%.
“We take pride in recognizing the continued robust growth shown by Asian American-owned businesses across industries, even in these challenges economic,” said Clyde Wong, USPAACC Western Region President. “The significant growth rate figures are true testaments to the enduring quality of California Asian Americans, who, through innovation, hard work and ingenuity, remain at the forefront of California economy.
To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by a California-based accounting firm, A2Q2.
Ameredia, Inc., Bay Area Rapid Transit System, Bay Systems Consulting, Inc., CE2 Corporation, East West Bank, Pfizer, Sugar Bowl Bakery, Sunwest Bank, The Norland Group and Wells Fargo Bank were the supporters of this year’s ‘California Top 10 Asian American Business Awards & Asian American & Minority Procurement Connections Conference’.
Japan Earthquake and Tsunami Relief
We at USPAACC are saddened to learn of the tragic loss of life caused by the earthquake and tsunami in Japan. Our prayers and thoughts are with everyone who has been affected by this dreadful disaster.
USPAACC is a global community that includes members, supporters and friends with ties to Japan, and our concern and sympathy are with all those experiencing fear, sadness and loss. Together, we will do all we can to help those in need.
Here are some ways to help victims of the earthquake and tsunami in Japan:
American Red Cross
U.S. mobile phone users can text REDCROSS to 90999 to add $10 automatically to your phone bill. Or visit www.redcross.org or call 1-800-RED-CROSS.
International Medical Corps
Sending relief teams and supplies to the area. Call 1-800-481-4462, or visit www.internationalmedicalcorps.org.
Save the Children
The relief effort providing food, medical care and education to children is accepting donations through mobile phones by texting JAPAN to 20222 to donate $10. People can also call 1-800-728-3843 during business hours or visit www.savethechildren.org/japanquake to donate online.
USPAACC National President & CEO Testifies Before U.S. Senate Committee
WASHINGTON, DC | March 7, 2011
Susan Au Allen, National President & CEO of US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), testified on small and minority business issues on March 3 before the U.S. Senate Committee on Small Business and Entrepreneurship.
The hearing, entitled “Closing the Gap: Exploring Minority Access to Capital and Contracting Opportunities” was chaired by Senator Mary Landrieu (D-Louisiana). The Committee also included Ranking Member Senator Olympia Snowe (R-Maine) and 17 U.S. Senators.
In her oral and written testimony, Allen discussed the salient issues that USPAACC 8(a) members currently face, including: difficulties in accessing capital, restrictive contract bundling and related issues, hurdles in business development, RFP standardization, past performance request, adverse effects of insourcing and parity in the mentor-protégé program. She recommended creating better programs for small and minority businesses to level the playing field.
“I am honored and privileged to have had the opportunity to speak to the esteemed U.S. Senate Committee on the challenges our members face as they strive to sustain, grow and compete in the mainstream,” said Allen after her testimony. “I am also honored to have lent a voice on behalf of our members, and believe the Committee has heard us—loud and clear—as we go beyond the rhetoric and bring viable solutions that truly help our constituency.”
The Committee Chairperson, Senator Landrieu, praised Allen’s testimony as “powerful” and Ranking Member Senator Snowe’s Staff Director said it was a “home run.”
The other panelists included: Dr. Robert Fairlie, Professor of Economics at the University of California at Santa Cruz; Mark Morial, Chief Executive Officer of the National Urban League; Doyle Mitchell, Chairman of the National Bankers Association; and Martha Montoya, Procurement Chair of the U.S. Hispanic Chamber of Commerce.
CelebrAsian 2011 Conference Sponsor List Grows
WASHINGTON, DC | February 8, 2011
Over 20 nationally-recognized companies are sponsoring CelebrAsian Business Opportunity Conference 2011 on May 23-25 at the Millennium Biltmore Hotel in Los Angeles, California.
CelebrAsian is USPAACC’s flagship national event designed to help small and minority business enterprises compete in the mainstream.
Collabera, Fortinet and VIZIO are the Asian American Business Co-Chairs.
The current roster of CelebrAsian 2011 Conference Sponsors also includes: AT&T, American Airlines, Avis Budget Group, Bank of America, Caesars Entertainment, The Coca-Cola Company, Collabera, Exxon Mobil Corporation, Fine Tec Computer, Fortinet, Freddie Mac, IBM, KPMG, Marriott International, Select Source International, Time Warner, Turner Construction, UPS, U.S. Postal Service, VIZIO, Walt Disney World, Wells Fargo, and Wendy’s.
CelebrAsian is the oldest and largest annual national pan Asian American business conference in the United States. Based on previous attendance records, close to 800 participants are expected to come from all over the country, representing Fortune 500 corporations, Government Agencies and leading Asian American, small and minority businesses.
CelebrAsian 2011 is coming to Los Angeles to Open Doors to Business Opportunities
WASHINGTON, DC | January 24, 2011
The flagship event of the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) – CelebrAsian Business Opportunity Conference – is coming to Los Angeles, California on May 23-25, 2011 to help small and minority business enterprises compete in the mainstream.
CelebrAsian, the nation’s oldest and largest business conference designed for the pan Asian American community, will be held at the iconic Millennium Biltmore Hotel.
Collabera; Fortinet, Inc.; and VIZIO are the Asian American business co-chairs for CelebrAsian 2011.
AT&T, American Airlines, Bank of America, Exxon Mobil, Freddie Mac, UPS and Wells Fargo are among the growing list of committed corporate sponsors for the Conference. For a full list of sponsors, click here.
“For three days under one roof, CelebrAsian participants will have the unique and custom-made platform to discuss real business opportunities, pressing issues, viable solutions, best practices and relevant industry trends that are critical to succeed in the current marketplace,” said Susan Au Allen, USPAACC National President & CEO. “Through this Conference, we will also continue to build and strengthen business relationships that are highly valued and necessary while our national economy rebounds.”
For 25 years, USPAACC has been serving and will continue to serve as the gateway to large corporate and government contracts, top-caliber Asian American suppliers, key information about Asian Americans, and the dynamic market in the Asia-Pacific region. CelebrAsian 2011 shines the spotlight on these ongoing endeavors.
Headquartered in Washington, DC, USPAACC has regional chapters in California, New York, Texas, Illinois, Georgia and in DC-Maryland-Virginia in the National Capital Area.
USPAACC Returns from Successful Asia Trade Mission to China and Taiwan
WASHINGTON, DC | October 12, 2010
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) led a delegation of industry leaders, business owners and corporate executives on its 2010 Asia Trade Mission (ATM) to Taipei, Chongqing, Shanghai and Beijing, from September 12 to 22. Wen Chang of Trade Union International and Chester Tong of MSL Express were the co-chairs of the ATM.
The Mission’s theme “Global Strategy for Sustainability: Conserve, Recycle and Renew” focused on sustainable and renewable products, services and processes in these growth markets, plus best practices, and real opportunities with buyers, suppliers and trade partners between U.S.-based companies and businesses in Taiwan and China. The theme emphasized a sense of responsibility toward protecting the environment, and is expected to spawn new business opportunities in resource development, clean energy technologies, and innovation in renewable products and services.
The ATM highlight included a private meeting with Taiwan Vice President Vincent Siew at the Presidential Hall, where he briefed delegates on a landmark bilateral trade agreement with China which came into effect only several days prior to the ATM delegation’s visit. The ATM delegates also had a high-level briefing from officials of Taiwan’s Bureau of Export and Trade on business opportunities there.
In Chongqing, China, the delegates visited the Hewlett Packard (HP China) research plant and learned from the success stories shared by executives from GE, Hisense, Tech-Long and PepsiCo. In Shanghai, the delegates received VIP passes to the World Expo, including visits to the U.S., China and Taiwan pavilions; successful companies such as SIPA, SIDEL, ICG and Alibaba.com also participated in the International CEO Forum and shared their best practices with the delegates.
Beijing was the final stop for the ATM delegates, where they were warmly received by U.S. Embassy Deputy Chief of Mission Robert Goldberg. A reception was held in their honor at Mr. Goldberg’s residence, and attended by economic officers and trade officers from the U.S. Embassy. At the reception, the delegates met with several Chinese middlemen who help businesses penetrate the Chinese market through their high-level and important connections, as well as in-depth knowledge of the regulatory processes involved in doing business in China.
“The purpose of our 2010 ATM was to ‘plant’ the flag and brand U.S.-based businesses as a major player in increased global trade and commerce,” said USPAACC National President & CEO Susan Au Allen. “We also wanted to highlight this region’s burgeoning marketplace and USPAACC’s role in establishing and strengthening strategic business relationships necessary to create a gateway for increased access to myriad business opportunities in the dynamic markets in China and Taiwan.”
Food and beverage company PepsiCo, with a significant presence in China and Taiwan, was a major part of the delegation, which included a select group of procurement executives and business owners from more than 18 U.S.-based companies. The delegation was also composed of businesses from diverse sectors, such as: shipping, packaging, IT, engineering, environmental consulting, and telecommunications, among others. Global companies with operations in China and Taiwan, which hosted the delegation, included PepsiCo, Hisense, SIPA, MSL Express, Topline, ICG Commerce, and Alibaba.com. Other participating corporations in Asia included Cisco, ConAgra Foods, Dase-Sing Group, GE, Hewlett Packard (HP China) and Microsoft.
ATM participants had ample opportunities to meet with local businesses, merchants and counterparts both in China and Taiwan. The one-on-one business matchmaking sessions—held in each city and prearranged between the Asian Business delegation and Taiwanese and Chinese suppliers—created increased access to local resources and connections, while establishing and strengthening strategic business relationships to ensure successful and robust economic growth.
“Having such familiarity and established business connections with Taiwan and China were integral elements for USPAACC to seek and explore more business opportunities in these countries,” added Allen. “The mission was successful because it benefited from the local resources of USPAACC members who were also part of the delegation.”
China recently passed Japan to become the world’s 2nd largest economy behind only the United States. After 30 years of economic reform and 9.5% average annual GDP growth, China is transforming itself from “Factory of the world” to the “Market of the world.” With a 1.3 billion consumer market, and with 15 million prospective new consumers born every year, China offers unlimited opportunities for business expansion. Meanwhile, Taiwan, a significant global player in the information technology (IT) and consumer electronics industries, is also poised to become the next major business and economic hub in the region.
USPAACC’s Asia Trade Mission to Taipei, Chongqing, Shanghai and Beijing focused on sustainability
WASHINGTON, DC | September 8, 2010
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) led a delegation of industry leaders, business owners and corporate executives on its 2010 Asia Trade Mission to Taipei, Chongqing, Shanghai and Beijing, from September 12 to 22. In Taipei, the delegation met with Taiwan Vice President Vincent Siew. In Beijing, Deputy Chief of Mission Robert Goldberg of the U.S. Embassy hosted the delegation at his residence.
The Mission’s theme “Global Strategy for Sustainability: Conserve, Recycle and Renew” focused on sustainable and renewable products, services and processes in growth markets, plus best practices, and real opportunities with buyers, suppliers and trade partners between U.S.-based companies and businesses in Taiwan and China.
“We were excited to spearhead the 2010 Asia Trade Mission, as it created yet another pivotal building block in our pursuit of expanding revenue for our delegates while exploring new business opportunities and strategic relationships in the world’s fastest-growing marketplaces,” said Susan Au Allen, National President & CEO of USPAACC.
Co-Chairs of the 2010 Asia Trade Mission were: Wen Chang, President of USPAACC West Coast Chapter and Founder, Chairman and CEO of Trade Union International / Topline; and Chester Tong, Founder, President and CEO of MSL Express.
Food and beverage company PepsiCo, with a significant presence in China and Taiwan, was a major part of the delegation, which also included a select group of procurement executives and business owners from more than 18 U.S.-based companies.
The delegation was composed of businesses from diverse sectors, such as: shipping, packaging, IT, engineering, environmental consulting, and telecommunications, among others. Global companies with operations in Taipei and China, which hosted the delegation, included PepsiCo, Hisense, SIPA, MSL Express, Topline, ICG Commerce, and Alibaba.com. Other participating corporations in Asia included Cisco, ConAgra Foods, Dase-Sing Group, GE, Hewlett Packard (HP China) and Microsoft.
A significant part of the 2010 Asia Trade Mission’s itinerary include: the International CEO Forum; USPAACC’s signature One-on-One Business Matchmaking Meetings with Chinese and Taiwanese executives; and exclusive tours of the Economic and Industrial Zone in Taipei, IBM and Hewlett Packard Research and Development Plants, the Economic Zone in Chongqing, and select country pavilions at the 2010 World Expo in Shanghai.
For more information about the 2010 Asia Trade Mission, click here.
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25th Anniversary CelebrAsian Business Opportunity Conference held in Washington, DC
WASHINGTON, DC | May 28, 2010
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) held its marquee event, the 25th Anniversary CelebrAsian Business Opportunity Conference, on May 25-27, in Washington, DC—where USPAACC was founded a quarter-century ago.
PepsiCo Chairman and CEO Indra Nooyi served as the Conference Chair; PepsiCo and Wells Fargo were the Corporate Co-Chairs; and Alorica Inc. was the Asian American Business Co-Chair. Over 50 Fortune corporations, 25 Federal Agencies, 15 Asian American-owned businesses and several media partners sponsored the Conference. In all, more than 750 Conference participants came to the nation’s capital for the three-day event.
CelebrAsian—the oldest and largest pan Asian American business opportunity conference in the United States—connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal government, and the small and minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking events.
“We have a rich heritage of success—25 years in the making—to share with the more than 1.1 million Asian American-owned businesses in the United States today,” USPAACC National President & CEO Susan Au Allen said. “Whether in helping them grow their business, promoting diversity and inclusion, advocating for new legislation, or opening more access to contract opportunities—we are continuing to build a strong legacy for the future of Asian American business owners and the success of our community in the mainstream.”
CelebrAsian 2010 was held at The United States Capitol, Omni Shoreham hotel and The Ritz-Carlton, Washington DC.
Over $4.5 billion generated by 50 Asian American businesses in FYE 2009, USPAACC reports
WASHINGTON, DC | May 27, 2010
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) reported that over $4.5 billion in combined sales were generated by 50 Asian American Businesses in FYE 2009, with individual companies generating as much as 500% growth rate within the previous three-year period.
The revenues and growth rates were cumulated at the final ranking of USPAACC’s “Fast 50 Asian American Businesses,” which was officially revealed during the 25th Anniversary CelebrAsian Business Opportunity Conference held on May 26 at the black-tie Gala Reception and Dinner at The Ritz-Carlton, Washington DC.
“We take great pride in recognizing the continued robust growth shown by Asian American-owned businesses across industries—even during these challenging economic times,” said Susan Au Allen, USPAACC National President & CEO. “The significant revenue figures are true testaments to the enduring quality of Asian Americans who, through innovation, hard work and ingenuity, remain at the forefront as catalysts to the revitalization of our national economy.”
To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by a representative from the global professional services firm of KPMG.
This year’s “Fast 50 Asian American Businesses” represent a wide range of industries—supply chain management, food wholesale, information technology, environmental and green companies, etc.
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
The “Fast 50 Asian American Businesses” program is part of USPAACC’s 25th Anniversary CelebrAsian Business Opportunity Conference, held on May 25-27, at the The United States Capitol, Omni Shoreham hotel, and The Ritz-Carlton, Washington DC.
PepsiCo Chairman and CEO Indra Nooyi was the Conference Chair and delivered the keynote speech at the Gala Dinner. PepsiCo and Wells Fargo were the Corporate Co-Chairs; Alorica, Inc. was the Asian American Business Co-Chair.
Wells Fargo and USPAACC Recognize 3 Asian American-Owned Businesses
May 27, 2010
Wells Fargo & Company with the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) honored three Asian business owners with the 7th annual USPAACC/Wells Fargo Asian Business Leadership Award, recognizing their vision, success and community contributions. The winners each received a $5,000 cash prize and honored at the USPAACC 25th Anniversary CelebrAsian Business Opportunity Conference in Washington DC, held on May 25-27, 2010.
The 2010 winners, selected from across the nation and evaluated based on their innovation, financial success, and community service, are:
• San Diego, C.A.-based MBN Group Architects, Inc. – President Minh Nguyen
• Parsippany, N.J.-based Tronex International Inc. – President Donald Chu
• Carson, C.A.-based VNSM – Owner Lilly Chang
“The recent economic difficulties have forced business leaders to re-evaluate their strategies for growing and gaining market share,” said Patrick Yalung, Wells Fargo Regional President in the state of Washington and national spokesperson for Wells Fargo’s Asian Business Services program. “This year’s award winners show that strong business leaders survived and some thrived, despite a downturn in the business cycle. For this reason, we are particularly pleased to highlight their unwavering passion and commitment to servicing customers and delivering quality work that makes them leaders in their industries and their communities.”
The award is one component of Wells Fargo’s Asian Business Services program. Established in 2002, the program builds relationships with, and supports the vision of key community national and regional alliance partners, conducts primary research to understand needs of Asian business owners and works to connect Asian business owners to the financial information and resources they need to reach their financial goals. Wells Fargo measures its progress with a public goal to lend $5 billion to Asian-owned businesses by the end of 2013. The company has loaned close to $3.2 billion to Asian business owners nationwide since 2002.
MBN Group Architects, Inc., based in San Diego, California, provides architectural engineering services from feasibility study and planning to construction support. Established in 2004, the company is focused on bringing the practical and personal side of architecture to the industry through quality work and understanding the needs of their clients. President Minh T. Nguyen, who immigrated to the United States in 1975 as a Vietnam War refugee and went on to graduate from the University of California at Berkeley with an architecture degree, will be honored.
Tronex International, Inc., based in Parsippany, New Jersey, is a national and international marketing company and leading provider of quality cross-contamination control and infection prevention solutions serving the healthcare, foodservice, hospitality, manufacturing, janitorial/sanitary and government industries. Established in 1989, the company consists of over 70 employees in the USA and has received numerous awards for their outstanding supplier reputation and sound business practices. President and CEO Donald Chu will be honored. His company, whose motto is “Making a Positive Difference and the World a Better Place,” has developed key relations based on long-term partnerships with its Asian manufacturing partners and customers in the United States and internationally.
VNSM, based in Carson, California, is an established sheet metal subcontractor providing sheet metal services for medium and large scale commercial, industrial and infrastructure projects. Established in 1934, the company’s success is driven by a reputation built on quality, integrity and responsibility. Owner Lilly Chang, who introduced modern management tools and techniques into the family-owned business and identified new paths to growth, will be honored.
“Our three winners are a testament to the dedication, innovation and perseverance that propel entrepreneurs to achieve business success and realize their American Dream,” said Susan Au Allen, USPAACC National President & CEO. “In recognizing their vision, accomplishments and contributions to the community, we send a powerful message that resonates in the wider public that as business leaders, our winners set the bar high for themselves in order to compete effectively in the mainstream marketplace.”
Green Jobs and Business Opportunities Discussed at CelebrAsian 2010 Conference
WASHINGTON, DC | May 27, 2010
Green jobs and related sustainable business opportunities were the main focus of “Where are the Opportunities for Sustainability and How to Access Them” session held on May 26, 2010 at the Omni Shoreham Hotel in Washington, DC.
Industry experts and insiders from General Electric (GE), National Grid, Siemens, and the U.S. Department of Energy shared their insight and outlook on jobs and contract opportunities, among other green-related issues. They were joined by Asian American business Ampcus, Inc. of Virginia, a company that is involved in energy-related work for the U.S. Environmental Protection Agency.
Presented by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), the session was part of USPAACC’s 25th Anniversary CelebrAsian Business Opportunity Conference, held on May 25-27, at the The United States Capitol, Omni Shoreham hotel, and The Ritz-Carlton, Washington DC.
“There is now a burgeoning market demand for more sustainable and renewable products and services, thanks to the widening appeal and popularity of the Obama Administration’s green legislative initiatives,” said Susan Au Allen, USPAACC National President & CEO. “While there is a learning curve that suppliers need to overcome, going green is poised to become a multi-billion-dollar industry. The outlook is even brighter for suppliers as corporations across industries have begun to link their future to turning green in order to bolster their competitive advantage—one with an environmental edge.”
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
PepsiCo Chairman and CEO Indra Nooyi was the Conference Chair; PepsiCo and Wells Fargo were the Corporate Co-Chairs; Alorica, Inc. was the Asian American Business Co-Chair.
The Conference Program included wealth-creating sessions and turned the spotlight on outstanding achievements, such as: The International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market; How We Built a $120 Million Business through Corporate Contracting (in 12 Years); How I Built a $300 Million Business Through Federal Contracting (in 12 Years); Doing Business with Corporations 101; Summit on the Future of Corporate Supplier Diversity and Federal Small Business Programs; Where are the Opportunities for Sustainability and How to Access Them; USPAACC/Wells Fargo Asian Business Leadership Award Luncheon to recognize three winners for their unique business model, success and community spirit; 25th Anniversary Awards & Recognition Gala with Pinnacle Award Recipients U.S. Senators Inouye and Akaka, and Woman Pioneer Awardee Harriet Michel; Presentation of the “Fast 50 Asian American Businesses” who, together, grossed $4.5 billion last fiscal year; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; Business Leaders & Scholarship Luncheon where 20 college scholarships were awarded; and much more (*business term meaning “connections” or “relationship”).
China Expert Shares Secrets and New Insight on How to Enter and Succeed in China’s Market
WASHINGTON, DC | May 27, 2010
China expert Dr. Robert Lawrence Kuhn was the featured speaker at the International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market, held on May 25 at the Cannon Caucus Room 345, House Cannon Office Building in Washington, DC.
Dr. Kuhn is an international investment banker, corporate strategist and world-renowned author of 25 books, including his recent works “How China’s Leaders Think: The Inside Story of China’s Reform and What This Means for the Future” and “The Man Who Changed China: The Life and Legacy of Jiang Zemin.”
“In the global economy, the presence of China as a key player has increasingly become more difficult to ignore,” said Susan Au Allen, USPAACC National President & CEO. “If you want to do business in China and succeed, this Forum will be your roadmap to understanding the secret to effectively enter this burgeoning—yet complex—multi-billion-dollar market. Further, you will get to know China on a deeper level by getting unprecedented insight into the minds of China’s leaders through Dr. Kuhn’s in-depth interviews and exclusive access to materials.”
This session was part of the 25th Anniversary CelebrAsian Business Opportunity Conference presented by US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), held on May 25-27, at the U.S. Capitol, Omni Shoreham hotel, and The Ritz-Carlton, Washington DC.
PepsiCo Chairman and CEO Indra Nooyi was the Conference Chair; PepsiCo and Wells Fargo were the Corporate Co-Chairs; Alorica, Inc. was the Asian American Business Co-Chair.
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
The Conference Program included wealth-creating sessions and turned the spotlight on outstanding achievements, such as: The International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market; How We Built a $120 Million Business through Corporate Contracting (in 12 Years); How I Built a $300 Million Business Through Federal Contracting (in 12 Years); Doing Business with Corporations 101; Summit on the Future of Corporate Supplier Diversity and Federal Small Business Programs; Where are the Opportunities for Sustainability and How to Access Them; USPAACC/Wells Fargo Asian Business Leadership Award Luncheon to recognize three winners for their unique business model, success and community spirit; 25th Anniversary Awards & Recognition Gala with Pinnacle Award Recipients U.S. Senators Inouye and Akaka, and Woman Pioneer Awardee Harriet Michel; Presentation of the “Fast 50 Asian American Businesses” who, together, grossed $4.5 billion last fiscal year; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; Business Leaders & Scholarship Luncheon where 20 college scholarships were awarded; and much more (*business term meaning “connections” or “relationship”).
20 Asian American students receive scholarships through USPAACC Education Foundation
WASHINGTON, DC | May 27, 2010
Twenty scholarships were awarded by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) to Asian American college-bound students who have excelled in school, performed community service and have demonstrated financial need, at the Business Leaders and Scholarship Awards luncheon held on May 27 at the Omni Shoreham hotel in Washington, DC.
The special event was part of the 25th Anniversary CelebrAsian Business Opportunity Conference which was held on May 25-27 at The United States Capitol, the Omni Shoreham hotel, and The Ritz-Carlton, Washington DC.
The scholarship recipients were all flown in to the nation’s capital to attend the event in their honor, sponsored by AARP, Freddie Mac and Sprint.
David Hinson, the National Director of the Minority Business Development Agency of the U.S. Department of Commerce, was the luncheon’s featured speaker.
This year’s scholarship sponsors include: Fannie Mae (with 8 scholarships); PepsiCo Foundation (5); UPS (2); Macy’s; Bruce Lee; Drs. Poh Shien and Judy Young; Paul Shearman Allen & Associates; and Planned Systems International.
Since 1989, USPAACC, through corporate and private sponsors, has been providing financial assistance worth $100,000 annually to outstanding Asian American high school seniors who want to pursue a college education.
CelebrAsian—the largest of its kind in the United States—connects hundreds of top-caliber Asian American suppliers and small business owners annually with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business meetings, strategic summits, best practices workshops, and networking sessions.
NMSDC’s Harriet Michel Receives Woman Pioneer Award at USPAACC’s 25th Anniversary CelebrAsian
WASHINGTON, DC | May 27, 2010
Harriet Michel, the president of the National Minority Supplier Development Council (NMSDC), a private non-profit organization that expands business opportunities for minority-owned companies of all sizes, was the recipient of the Woman Pioneer Award from the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC). The award ceremony was held on May 26 during the black-tie Excellence Awards and Recognition Gala Dinner at The Ritz-Carlton, Washington DC.
Previous Award recipients include U.S. Secretary of Labor Elaine Chao, PepsiCo Chairman & CEO Indra Nooyi, and Wells Fargo Executive Iris Chan.
“The Woman Pioneer Award is rarely conferred as a way to ensure that the recipients truly embody the pioneering spirit, enriched by the magnitude of their achievements to effect positive change,” said Susan Au Allen, USPAACC National President & CEO. “In the 25-year history of our organization, there have been only three recipients of this Award. Harriet, a noted administrator and public policy expert on minority issues, who has worked for over 30 years in the public sector to address major social concerns, is very much deserving of this Award.”
The 25th Anniversary CelebrAsian Business Opportunity Conference was held on May 25-27 at the U.S. Capitol, Omni Shoreham hotel and The Ritz-Carlton, Washington DC.
Chaired by PepsiCo Chairman and CEO Indra Nooyi, the Conference kicked off with a Tree-planting on the Capitol Hill grounds to honor Asian American achievements. The Conference Program included wealth-creating sessions and turned the spotlight on outstanding achievements, such as: The International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market; How We Built a $120 Million Business through Corporate Contracting (in 12 Years); How I Built a $300 Million Business Through Federal Contracting (in 12 Years); Doing Business with Corporations 101; Summit on the Future of Corporate Supplier Diversity and Federal Small Business Programs; Where are the Opportunities for Sustainability and How to Access Them; USPAACC/Wells Fargo Asian Business Leadership Award Luncheon to recognize three winners for their unique business model, success and community spirit; 25th Anniversary Awards & Recognition Gala with Pinnacle Award Recipients U.S. Senators Inouye and Akaka, and Woman Pioneer Awardee Harriet Michel; Presentation of the “Fast 50 Asian American Businesses” who, together, grossed $4.5 billion last fiscal year; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; Business Leaders & Scholarship Luncheon where 20 college scholarships were given; and much more (*business term meaning “connections” or “relationship”).
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
Entrepreneur Shares Secrets on How He Built a $300 Million Business through Federal Contracting
Washington, DC | May 27, 2010
Successful entrepreneur and investor Frank F. Islam, currently Chairman and Chief Executive Officer of FI Investment Group LLC, was the featured speaker at “How I Built a $300 Million Business through Federal Contracting” session held on May 26, 2010 at the Omni Shoreham Hotel on 2500 Calvert Street NW in Washington, DC.
Presented by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC), the session was part of USPAACC’s 25th Anniversary CelebrAsian Business Opportunity Conference, held on May 25-27, at the Omni Shoreham hotel, The Ritz-Carlton, Washington, DC, and The United States Capitol.
Islam was the Founder, Chairman and Chief Executive Officer of QSS Group, Inc., an Information Technology company which generated $300 Million in annual revenue, then sold to Perot Systems for $250 Million cash in 2007.
Other speakers at the session included successful federal contractors Rose Wang, President and Chief Executive Officer of Binary Group, and Betty Chao, President and Chief Executive Officer of Westech International, Inc.
Ralph Thomas III, the session’s moderator, is a partner with the law firm of Barton, Baker, Thomas & Tolle, LLP and focuses his practice on legal issues affecting small businesses in the federal government contracts arena. He is the former Associate Administrator for Small and Disadvantaged Business Utilization at the National Aeronautics and Space Administration (NASA).
CelebrAsian—the largest of its kind in the United States—annually connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business matchmaking meetings, informative summits, workshops, and networking sessions.
PepsiCo Chairman and CEO Indra Nooyi was the Conference Chair; PepsiCo and Wells Fargo were the Corporate Co-Chairs; Alorica, Inc. was the Asian American Business Co-Chair.
The Conference Program included wealth-creating sessions and turned the spotlight on outstanding achievements, such as: The International CEO Forum: What You Need to Know to Enter and Succeed in China’s Market; How We Built a $120 Million Business through Corporate Contracting (in 12 Years); How I Built a $300 Million Business Through Federal Contracting (in 12 Years); Doing Business with Corporations 101; Summit on the Future of Corporate Supplier Diversity and Federal Small Business Programs; Where are the Opportunities for Sustainability and How to Access Them; USPAACC/Wells Fargo Asian Business Leadership Award Luncheon to recognize three winners for their unique business model, success and community spirit; 25th Anniversary Awards & Recognition Gala with Pinnacle Award Recipients U.S. Senators Inouye and Akaka, and Woman Pioneer Awardee Harriet Michel; Presentation of the “Fast 50 Asian American Businesses” who, together, grossed $4.5 billion last fiscal year; Guanxi* Supplier Opportunity Fair; One-on-One Prescheduled Business Matchmaking Meetings; Business Leaders & Scholarship Luncheon where 20 college scholarships were awarded; and much more (*business term meaning “connections” or “relationship”).
75% Average Growth Registered by 50 Asian American Businesses in Revenue Sizes $550K to $200M
WASHINGTON, DC | 15 May 2009
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC Education Foundation) reported that over a billion in sales were generated by 50 Asian American Businesses in FYE 2008, with individual companies generating as much as 400 percent growth rate within a three-year period.
The revenues and growth rates were cumulated at the final ranking of USPAACC Education Foundation’s “Fast 50 Asian American Businesses,” to be officially revealed during the 24th Anniversary CelebrAsian Business Opportunity Conference ‘09, on May 20 – 22, at the New York Marriott at the Brooklyn Bridge in Brooklyn, New York.
“The robust growth shown by Asian American-owned businesses—a rare feat in these economic times—is a proud testament to the enduring quality of Asian Americans who, through innovation, hard work and ingenuity, remain at the forefront as engines of growth in our national economy,” said Susan Au Allen, USPAACC Education Foundation National President & CEO.
To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by the New York-based accounting and consulting firm of Holtz Rubenstein Reminick LLP.
Wells Fargo and PepsiCo are the Corporate Co-Chairs; Merck and The Coca-Cola Company are the Program Co-Chairs; and over 40 Fortune Corporations and 16 Asian American Business Enterprises (ABEs) are sponsoring this year’s Conference.
CelebrAsian—the oldest and largest pan Asian American business opportunity conference in the United States—connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal, State and Local government, and the small and minority business community, through pre-scheduled one-on-one matchmaking business meetings, informative summits, workshops, and networking events.
Asian American Business Enterprises Sponsor National Business Opportunity Conference in New York
WASHINGTON, DC | 8 MAY 2009
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC Education Foundation) announced today that Asian American Business Enterprises (ABEs) from across the United States are sponsoring their 24th Anniversary CelebrAsian Business Opportunity Conference ‘09, May 20 – 22, New York Marriott at the Brooklyn Bridge in Brooklyn, New York. This national Conference is USPAACC Education Foundation’s continuing effort to turn challenges facing small and minority businesses into opportunities.
The Conference theme, “Business beyond Boundaries: Turning Challenges into Opportunities—Follow the Money,” will show businesses how to thrive even during economic downturns, how to get (and do) business in the Obama Administration’s “green” energy movement, and how to win a piece of the $787 billion Economic Stimulus package.
Wells Fargo and PepsiCo are the Corporate Co-Chairs; Merck and The Coca-Cola Company are the Program Co-Chairs; Binary Group, Topline Products Company and Westech International are the Asian American Program Co-Chairs. PCCW Global sponsors the Excellence Awards Gala Dinner with GE; Planned System International for Hallmark Scholarship; Tronex International for the Excellence Awards Reception; TAJ Technologies for Cyber Café; Alorica Inc. for Successful Marketing Panel; Infinity Tech Group for Business Leaders and Scholarship Awards Luncheon; Waitex International sponsors the Welcome Reception; and TCCS Limited and Northbound LLC together for one-on-one meetings.
Over 16 ABEs and 40 Fortune 500 Corporations are sponsoring CelebrAsian ‘09. More than 100 Asian American businesses will be represented and over 600 Asian American suppliers and business owners are expected to participate in the three-day Conference.
“We are proud to have a diverse roster of successful Asian American businesses who once again support our flagship event,” said Susan Au Allen, USPAACC Education Foundation National President & CEO. “This Conference is especially designed for them—our ABEs to be able to successfully connect with our partners from Fortune 500 Corporations, the Federal, State and Local government, and the minority community, so that they could succeed in today’s challenging marketplace.”
Allen noted that USPAACC Education Foundation also works closely with the Federal, State and Local government agencies, ABEs and other national minority businesses organizations, such as the U.S. Hispanic Chamber of Commerce, to form a far-reaching network of strategic resources for small and minority business nationwide. USPAACC Education Foundation has established a network of 12,000 Asian American businesses through its Regional Chapters in Northern and Southern California, New York, Texas, Illinois, Georgia, and Washington, DC-Maryland-Virginia in the National Capital Area.
CelebrAsian—the oldest and largest pan Asian American business opportunity conference in the United States—connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal, State and Local government, and the small and minority business community, through pre-scheduled one-on-one matchmaking business meetings, informative summits, workshops, and networking events.
The Conference will shine the spotlight on the success and achievements of outstanding Asian American businesses, through the USPAACC
Education Foundation/Wells Fargo Asian Business Leadership Awards, the Business Leaders and Scholarship Awards Luncheon, and The
Excellence Awards Gala Dinner presenting the “Fast 50 Asian American Businesses.”
International Best-Selling Co-Author of “The Secrets of CEOs” is Featured Speaker at CEO Forum
WASHINGTON, DC | 17 APRIL 2009
Steve Tappin, co-author of the bestselling book “The Secrets of CEOs,” will be the featured speaker at the International CEO Forum on May 20, a program of CelebrAsian Business Opportunity Conference ‘09 to be held on May 20-22 at the New York Marriott at the Brooklyn Bridge in Brooklyn, New York. Tappin will share his unique insights based on his personal interviews with 150 global CEOs in this highly interactive and informative forum.
CelebrAsian ’09, the 24th Anniversary flagship Conference of the US Pan Asian American Chamber of Commerce Education Foundation
(USPAACC Education Foundation), is part of its continuing effort to boost economic growth and address the challenges facing small and
minority businesses in the current marketplace. It is the oldest and largest Asian American business opportunity conference in the United States that connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal government, and the small and minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking sessions.
The Conference theme, “Business beyond Boundaries: Turning Challenges into Opportunities—Follow the Money,” highlights how businesses could thrive in an economic downturn, where to find opportunities in the Federal initiative on “green” energy, and strategy to win a piece of the Obama Administration’s $787 billion Economic Stimulus package. Wells Fargo and PepsiCo are the Corporate Co-Chairs; Merck and The Coca-Cola Company are the Program Co-Chairs.
Sessions also include Follow the Money: Expand through the Stimulus Plan; Successful Marketing; Strategy for Growth; Guanxi* Business
Opportunity Fair and One-on-One Matchmaking Meetings; Go Green: Opportunities for Green Suppliers, and How to Become a Green Supplier; Access to Capital; Strategic Alliances with Corporations and the Federal Government; China Trade Mission Success Stories; Supplier Diversity Professionals’ Summit; and other programs that educate participants on procurement trends and new requirements, valuable information on lucrative contract opportunities, best practices, and other strategic tools necessary for sustainable growth (*Guanxi is a commonly used business term meaning “connections” or “relationship”).
The spotlight will also be placed on the success and achievements of outstanding Asian American businesses, through several special events during the Conference, including the USPAACC Education Foundation/Wells Fargo Asian Business Leadership Awards, The Excellence Awards Gala Dinner presenting the “Fast 50 Asian American Businesses,” and the Business Leaders and Scholarship Awards Luncheon.
Largest Pan Asian American Business Opportunity Conference Goes to New York
WASHINGTON, DC | 16 APRIL 2009
In their continuing effort to boost economic growth and turn challenges facing small and minority businesses into opportunities, the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC Education Foundation) will hold its 24th Anniversary CelebrAsian Business Opportunity Conference ’09 on May 20 - 22 at the New York Marriott at The Brooklyn Bridge in Brooklyn, New York.
The Conference theme, “Business beyond Boundaries: Turning Challenges into Opportunities—Follow the Money,” highlights how businesses could thrive in an economic downturn, where to find opportunities in the Federal initiative on “green” energy, and strategy to win a piece of the Obama Administration’s $787 billion Economic Stimulus package. Wells Fargo and PepsiCo are the Corporate Co-Chairs; Merck and The Coca-Cola Company are the Program Co-Chairs.
CelebrAsian—the oldest and largest pan Asian American business opportunity conference in the United States—connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal government, and the small and minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking events.
“USPAACC Education Foundation has been at the forefront of educating, training and nurturing Asian American suppliers and business owners since 1984, and CelebrAsian, our flagship event, provides valuable access, puts the spotlight on innovation, and sharpens their competitive edge to sustain growth in today’s challenging times,” said Susan Au Allen, National President & CEO of USPAACC Education Foundation.
Sessions include Follow the Money: Expand through the Stimulus Plan; Successful Marketing; Strategy for Growth; Guanxi* Business Opportunity Fair and One-on-One Matchmaking Meetings; Go Green: Opportunities for Green Suppliers, and How to Become a Green Supplier; Access to Capital; Strategic Alliances with Corporations and the Federal Government; International CEO Forum; China Trade Mission Success Stories; Supplier Diversity Professionals’ Summit; and other programs that educate participants on procurement trends and new requirements, valuable information on lucrative contract opportunities, best practices, and other strategic tools necessary for sustainable growth (*Guanxi is a commonly used business term meaning “connections” or “relationship”).
The spotlight will also be placed on the success and achievements of outstanding Asian American businesses, through several special events during the Conference, including the USPAACC Education Foundation/Wells Fargo Asian Business Leadership Awards, the Business Leaders and Scholarship Awards Luncheon, and The Excellence Awards Gala Dinner presenting the “Fast 50 Asian American Businesses.”
USPAACC-EF/Wells Fargo Asian Business Leadership Awards
WASHINGTON, DC | 2 June 2008
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) celebrated the continued success of Asian American business owners by hosting its 23rd Anniversary CelebrAsian Business Opportunity Conference ’08 at the Hilton Washington Hotel in Washington, DC on May 27 to 29.
At a special luncheon sponsored by Wells Fargo, three Asian American businesses were honored with the 5th Annual USPAACC-EF/Wells Fargo Asian Business Leadership Award on May 28. Each winner received a $5,000 cash prize.
The awardees were selected from a nationwide pool of applicants and evaluated based on their innovation, financial success, and community service. This year’s winners are Beverly Hills, California-based Jimmy Au’s For Men 5’8” and Under, Inc. – James Y.C. Au; Swanton, Ohio-based Grand Aire, Inc. – Tehmeena and Zachary Cheema; and Los Angeles, Califonia -based teamCFO, Inc. – Laura Yamanaka and Carrie Tsang-Hidding.
“USPAACC-EF is honored, with Wells Fargo, to recognize these outstanding Asian business owners, as they truly reflect the strength and diversity within the Asian-owned business segment,” said Susan Au Allen, national president and CEO of USPAACC -EF. “Asian-owned businesses continue to prosper across the country, and we’re excited and honored to continue the tradition of recognizing and celebrating their tremendous achievements.
“The dedication, innovation and success demonstrated by these business owners is truly inspiring,” said Iris Chan, head of Commercial Banking at Wells Fargo and national spokesperson for Wells Fargo’s Asian Business Services. “This year’s winners uphold and embody the spirit of this award. They’re leaders in business and in their communities.”
The annual national conference connects the largest number of Asian American suppliers with buyers from Fortune 500 corporations, the Federal government and small/minority-owned business community. Through pre-scheduled one-on-one matchmaking meetings, participants find new contract opportunities in this time of globalization and outsourcing, procurement trends and ways to enhance competitiveness.
$4.9 billion generated by 50 Asian American businesses in 2007, USPAACC-EF reports
WASHINGTON, DC | 2 June 2008
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) reported that over $4.9 billion in sales were generated by 50 Asian American Businesses in 2007. The revenues were cumulated at the final ranking of its “50 Fastest-Growing Asian American Businesses,” officially revealed during the 23rd Anniversary CelebrAsian Business Opportunity Conference ‘08, on May 27-29 at the Hilton Washington hotel in Washington, DC.
PepsiCo Chairman and CEO Indra Nooyi, who also served as the Conference Chair, and U.S. Labor Secretary Elaine Chao, helped in the presentation of the Top 10 fastest-growing businesses during the Excellence Awards Gala Dinner at the Hilton Washington on May 28. A special presentation of the 50 fastest-growing Asian American businesses also took place at The White House earlier that day with U.S. Commerce Secretary Carlos Gutierrez.
“The continued robust growth of Asian American-owned businesses—even during challenging economic times—is testament to the enduring quality of Asian Americans who, through innovation, hard work and ingenuity, remain at the forefront as engines of growth in our national economy,” said USPAACC-EF National President & CEO Susan Au Allen.
To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection was determined through direct applications and nominations. Finalists were independently verified by the accounting and consulting firm of BDO Seidman, LLP.
The annual national conference connects the largest number of Asian American suppliers with buyers from Fortune 500 corporations, the Federal government and small/minority-owned business community.
17 Asian American students receive scholarships through USPAACC Education Foundation
WASHINGTON, DC | 30 May 2008
Seventeen scholarships—from over 3,600 nationwide applications—were awarded by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) to Asian American students who have excelled in school, performed community service and have demonstrated financial need, at a special event held on May 29 in Washington, DC.
The scholarship recipients were all flown in to the nation’s capital to attend a special luncheon in their honor, sponsored by Harrah’s Entertainment, during the 23rd Anniversary CelebrAsian Business Opportunity Conference ’08 at the Hilton Washington Hotel on May 27 to 29.
Since 1989, the USPAACC-EF, through corporate and private sponsors, has been providing financial assistance worth $100,000 annually to outstanding Asian American high school seniors who want to pursue a college education.
CelebrAsian—the largest of its kind in the United States—connects hundreds of top-caliber Asian American suppliers and small business owners annually with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one business meetings, strategic summits, best practices workshops, and networking sessions.
U.S. Department of Homeland Security Official to Speak on Procurement Opportunities
WASHINGTON, DC | 22 May 2008
U.S. Department of Homeland Security Deputy Under Secretary for Management Elaine Duke will speak at the Business Leaders and Scholarship Awards luncheon on May 29, at the Hilton Washington Hotel in Washington, DC. This event is part of the 23rd Anniversary CelebrAsian Business Opportunity Conference ‘08, to be held on May 27 -29, and presented by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF).
This year’s Conference theme, “Business Beyond Boundaries: Here & Abroad,” will address the challenges faced by small and minority businesses who feel the impact of onshore and offshore outsourcing activities, among other essential elements for sustainable growth and competition in today’s global marketplace.
CelebrAsian Business Opportunity Conference—the largest of its kind in the United States—connects hundreds of top-caliber Asian American suppliers and small business owners annually with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking sessions—in three days and under one roof.
“CelebrAsian and our year-round initiatives provide sustainable and robust growth for a strategic network of Asian American suppliers, entrepreneurs, and their business partners in Corporate America and the Federal government,” said USPAACC-EF National President & CEO Susan Au Allen. “We are honored to have Deputy Under Secretary Elaine Duke speak at our
Conference and we look forward to learning more about the various procurement opportunities available at DHS that may lead to vigorous growth for the Asian American business community.”
As part of CelebrAsian ‘08, USPAACC-EF will hold an event at the White House on May 28, to present the business leaders from its “50 Fastest-Growing Asian American Businesses” program.
Other special events include the International CEO Forum featuring ASIMCO Chairman & CEO Jack Perkowski, best-selling author of “Managing the Dragon: How I’m Building a Billion-Dollar Business in China,” China Trade Mission Success Stories, and the Global Trade Zone, which will provide participants with timely insiders’ perspectives on growth opportunities through onshore and offshore ventures.
The spotlight will also be placed on the success and achievements of Asian American businesses, through several special events during the Conference, including the USPAACC-EF/Wells Fargo Asian Business Leadership Awards, Excellence Awards Gala Dinner, and the Business Leaders and Scholarship Luncheon.
The latest Census figures show that there are over 1.1 million Asian American-owned companies, with over $326 billion in business revenues, and employ more than 2.2 million people.
Wall Street Veteran-Turned Entrepreneur & Best-Selling Author Jack Perkowski to Speak at CEO Forum
WASHINGTON, DC | 20 MAY 2008
Jack Perkowski, ASIMCO Chairman & CEO and best-selling author of “Managing the Dragon: How I’m Building a Billion-Dollar Business in China,” will be the featured speaker at the International CEO Forum on May 27, a program of the 23rd Anniversary CelebrAsian Business Opportunity Conference ’08, at the Hilton Washington Hotel in Washington, DC. The Conference, to be held on May 27 – 29, is the flagship event of the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF).
A former Wall Street veteran, Perkowski went to China in 1994 and established ASIMCO, an automotive components manufacturing company, which has since become one of China’s largest Western-owned businesses. With twelve thousand employees in seventeen plants and sales of over US $500 million, ASIMCO—twice named one of China’s 10 best employers—has successfully developed local management in China and integrated its broad-based operation into the global economy.
CelebrAsian Business Opportunity Conference—the largest of its kind in the United States—connects hundreds of top-caliber Asian American suppliers and small business owners annually with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking sessions.
This year’s theme, “Business Beyond Boundaries, Here & Abroad,” will address the challenges faced by small and minority businesses impacted by onshore and offshore outsourcing activities, among other issues essential for sustainable growth and to compete effectively in today’s global marketplace.
As part of CelebrAsian ‘08, USPAACC-EF plans to hold an event at the White House on May 28, to present the business leaders from its “50 Fastest-Growing Asian American Businesses” program.
Other programs include the China Trade Mission Success Stories and the Global Trade Zone, which will provide participants with timely insiders’ perspectives on growth opportunities through onshore and offshore ventures.
The spotlight will also be placed on the success and achievements of Asian American businesses, through several special events during the Conference, including the USPAACC-EF/Wells Fargo Asian Business Leadership Awards, Excellence Awards Gala Dinner, and the Business Leaders and Scholarship Luncheon.
Major Fortune 500 Corporations Sponsor National Business Opportunity Conference in New York
WASHINGTON, DC | 8 MAY 2009
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC Education Foundation) announced today that major Fortune 500 Corporations are sponsoring their 24th Anniversary CelebrAsian Business Opportunity Conference ‘09, May 20 – 22, New York Marriott at the Brooklyn Bridge in Brooklyn, New York. This national Conference is USPAACC Education Foundation’s continuing effort to turn challenges facing small and minority businesses into opportunities.
The Conference theme, “Business beyond Boundaries: Turning Challenges into Opportunities—Follow the Money,” will show businesses how to thrive even during economic downturns, how to get (and do) business in the Obama Administration’s “green” energy movement, and how to win a piece of the $787 billion Economic Stimulus package.
Wells Fargo and PepsiCo are the Corporate Co-Chairs; Merck and The Coca-Cola Company are the Program Co-Chairs. GE is the Co-Chair of the Excellence Awards Gala Dinner; Verizon sponsors the Welcome Reception; Wal-Mart for “Go Green Opportunities;” Merck for “Building Your Business Capacity to Win;” Marriott Hotels for the Excellence Awards Reception; and Harrah’s Foundation for the Business Leaders and Scholarship Awards Luncheon.
Over 40 Fortune 500 Corporations and 16 Asian American Business Enterprises (ABEs) are sponsoring CelebrAsian ‘09. More than 100 Asian American-owned businesses will be represented and over 600 Asian American suppliers and business owners are expected to participate in the three-day Conference.
“We are honored by the diverse roster of Fortune 500 Corporations who once again support our flagship event,” said Susan Au Allen, USPAACC Education Foundation National President & CEO. “We thank our Corporate partners who have worked with us for many years now—for their generosity and steadfast commitment to helping Asian American and other minority businesses to succeed in today’s dynamic marketplace.”
Allen noted that USPAACC Education Foundation also works closely with the Federal, State and Local government agencies, ABEs and other national minority business organizations, such as the U.S. Hispanic Chamber of Commerce, to form a far-reaching network of strategic resources for small and minority businesses nationwide. USPAACC Education Foundation has established a network of 12,000 Asian American businesses through its Regional Chapters in Northern and Southern California, New York, Texas, Illinois, Georgia, and Washington, DC-Maryland-Virginia in the National Capital Area.
CelebrAsian—the oldest and largest pan Asian American business opportunity conference in the United States—connects hundreds of top-caliber Asian American suppliers and business owners with buyers from Fortune 500 corporations, the Federal, State and Local government, and the small and minority business community, through pre-scheduled one-on-one matchmaking business meetings, informative summits, workshops, and networking events.
The Conference will shine the spotlight on the success and achievements of outstanding Asian American businesses, through the USPAACC Education Foundation/Wells Fargo Asian Business Leadership Awards, the Business Leaders and Scholarship Awards Luncheon, and The Excellence Awards Gala Dinner presenting the “Fast 50 Asian American Businesses.”
Largest Asian American business opportunity conference to provide tools for sustainable growth
WASHINGTON, DC | 15 APRIL 2008
In its continuing effort to address the challenges facing small and minority businesses in a global marketplace impacted by onshore and offshore outsourcing practices, the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) will hold its 23rd Anniversary CelebrAsian Business Opportunity Conference ‘08 on May 27-29, at the Hilton Washington hotel in Washington, DC. This year’s theme is “Business Beyond Boundaries, Here & Abroad.”
PepsiCo Chairman and CEO Indra Nooyi is the Conference Chair.
Jack Perkowski, best-selling author of “Managing the Dragon: How I’m Building a Billion-Dollar Business in China,” and Chairman & CEO of ASIMCO—named one of China’s 10 best employers—will fly in from China as guest speaker at the International CEO Forum on May 27, to share his invaluable insights into how U.S.-based businesses could take advantage of the booming Chinese market.
CelebrAsian—the largest of its kind in the United States—connects hundreds of top-caliber Asian American suppliers and small business owners with buyers from Fortune 500 corporations, the Federal government, and the small/minority business community, through pre-scheduled one-on-one matchmaking meetings, informative summits, workshops, and networking sessions.
“USPAACC-EF has been at the forefront of educating, training and nurturing Asian American suppliers and small business owners since 1984, and CelebrAsian, our flagship event, is designed to educate participants on procurement trends and requirements, best practices, contract opportunities, and other strategic tools necessary for sustainable growth and to be competitive in today’s challenging global marketplace,” said USPAACC-EF National President & CEO Susan Au Allen.
As part of CelebrAsian ‘08, USPAACC-EF plans to hold an event at the White House on May 28, to present the business leaders from its “50 Fastest Growing Asian American Businesses” program.
The spotlight will also be placed on the success and achievements of Asian American businesses, through several special events during the Conference, including the USPAACC-EF/Wells Fargo Asian Business Leadership Awards, Excellence Awards Gala Dinner, and the Business Leaders and Scholarship Luncheon.
The latest Census figures show that there are over 1.1 million Asian American-owned companies, with over $326 billion in business revenues, and employ more than 2.2 million people.
