Akorbi and the Ambulatory Surgery Center Association (ASCA) partner to provide high-quality translation and interpretation services to ASCs

PLANO, Texas – July 31, 2017 – The Ambulatory Surgery Center Association (ASCA) and Akorbi have formed an affinity partnership to provide high-quality translation and interpretation services that comply with requirements from the Centers for Medicare & Medicaid Services (CMS) and Section 1557 of the Affordable Care Act (ACA).  ASCA members will have access to phone, on-site, and video interpretation, as well as translation and localization services through Akorbi’s enterprise language solutions, which are available in more than 170 languages.

Section 1557 of the ACA has stiffened compliance regulations for those in the healthcare industry. One new regulation where ASCA needed a solution was the requirement that all medical entities that receive funding from the Department of Health and Human Services (HHS) must provide reasonable communication access to non-English speaking, hearing, and visually impaired patients. These entities must offer language assistance for the top 15 languages in each state. The ASCA/Akorbi partnership can help ASCs nationwide comply with this requirement while also providing excellent service and satisfaction to their patients.

According to John Greenwich, chief financial officer of ASCA, “ASCA selected Akorbi as our language service partner because after a careful evaluation of the total value the company offers, Akorbi checked all the boxes we needed to cover, including its experience and expertise in the healthcare industry, comprehensive services, commitment to customer care and ability to work with ASCs of every kind.”

This is an equally beneficial relationship for Akorbi. According to Executive Vice President Edward Cavazos, “ASCA is a highly respected association within the medical arena, with an impressively large membership, which proves that their members see the benefits of membership and that ASCA is constantly working in their best interest. We couldn’t be more proud and honored to partner with them and provide the language service solutions that they need.”

Read the Full Press Release Here

About Akorbi
Akorbi is a U.S.-based company providing enterprise solutions that empower companies to achieve success in the global economy. These solutions include technical and multilingual staffing, learning services, multilingual contact centers, video remote solutions, translation/localization, and interpretation services. Our customer-driven solutions help companies establish or strengthen compassionate, human connections, between patients, businesses, customers and employees, across languages, cultures and industries, in any modality, from any location. For more information, visit http://www.akorbi.com or call 1.877.4.AKORBI.

About ASCA
The Ambulatory Surgery Center Association (ASCA) is the national membership association that represents ambulatory surgery centers (ASCs) and provides advocacy and resources to assist ASCs in delivering high quality, cost-effective ambulatory surgery to all the patients they serve.

Akorbi Strategically Expands Global Executive Team

Mario Gomez Named V.P. of BPO and Contact Center Services

Akorbi has named Mario Gomez Vice President of Business Process Outsourcing (BPO) and Contact Center Services, a strategic partnership that brings Gomez on as a key part of Akorbi’s global executive team. In his position, Gomez will focus on Latin American operations with an emphasis on strategic growth and operational enhancement. The many years of industry experience that Gomez brings to this highly strategic role will help Akorbi to continue meeting the needs of the company’s global clients through targeted services.

According to Gomez, “I am honored to have the support of Akorbi’s executive team as I lead the BPO Division’s global initiatives. I’m excited to be part of a fast-growing company with strong values, as well as the multilingual industry, which has a huge impact in the global economy.”

Gomez’ extensive background in the customer service and call center industry, along with his accounting degree, will allow him to measure results and implement continuous process improvement. He will also enhance current systems, policies and procedures, while also improving customer satisfaction and R.O.I.

“Mario has a consistent history of operational excellence and creating an exceptional customer experience,” said Azam Mirza, Akorbi’s President and co-founder. “His dedication and commitment have helped drive our growth by delivering world-class services, as well as by creating strategic opportunities and exceptional value for our clients and employees.”

Read the Original Press Release Here

About Akorbi
Akorbi is a U.S.-based company providing enterprise solutions that empower companies to achieve success in the global economy. These solutions include: technical and multilingual staffing, learning services, multilingual contact centers, video remote solutions, translation/localization and interpretation services. Our customer-driven solutions help companies establish or strengthen compassionate, human connections, between businesses, customers and employees, across languages, cultures and industries, in any modality, from any location. For more information, visit http://www.akorbi.com or call 1.877.4.AKORBI.

Akorbi Ranked #27 in Dallas Business Journal’s Middle Market 50: Based on revenue nearly tripling in 3 years

Park in Dallas Texas

PLANO, Texas – June 22, 2017 – Akorbi was ranked as the 27th fastest-growing Middle Market Company in North Texas based on their revenue nearly tripling from 2014 to 2016. The award’s ceremony was hosted by the Dallas Business Journal on June 15th at The Ritz-Carlton in Dallas.  The award ranks public and private companies in the Dallas-Fort Worth area with annual revenue of $25 to $750 million.

This award is a welcome acknowledgment of the company’s commitment to aggressive growth (1,267% from 2012 to 2016) fueled by innovation and technology.  It comes on the heels of recognition by the Women Presidents’ Organization and American Express, which ranked Akorbi as the 8th fastest-growing woman-owned/led company globally in its 2017 list (up from 12th place in 2016). The company is also leading its sector as a language service provider. In 2016, Common Sense Advisory ranked Akorbi as the 3rd fastest-growing language services provider in the world.

“It is an honor to be included in this prestigious list with so many respected DFW-based companies,” said Claudia Mirza, CEO and co-founder of Akorbi. “I credit our entire forward-thinking executive leadership team for helping us stay on track with our vision of exponential growth.”

“We appreciate the Dallas Business Journal for encouraging and recognizing outstanding growth in our local community,” said Azam Mirza, President and co-founder of Akorbi. “Although we have a presence around the world and serve a global customer base, we are proud to call North Texas our home.”

About Akorbi

Akorbi is a U.S.-based company that provides enterprise solutions that empower companies to achieve success in the global economy. We help companies connect with employees, vendors and customers in over 170 languages 24×7, in any modality, from any location. Our customizable, enterprise solutions include: technical and multilingual staffing, learning services, multilingual contact centers, video remote solutions, translation/localization and in-person interpretation services. The company holds several certifications including ISO 9001:2008, ISO 13485:2003, EN 15038:2006 and M/WBE Certification.  For more information, visit www.akorbi.com or call 1.877.4.AKORBI.

 About the Dallas Business Journal

Founded in 1977, Dallas Business Journal is the leading source for local business news, research, and events in the DFW area. The publication offers print and digital editions and hosts awards events including Best Places to Work, 40 Under Forty, Women in Business, and the Middle Market 50. For more information, visit http://www.bizjournals.com/dallas.

Over The Phone Interpretations (OPI)

phone translators

Telephone Interpretation Services

Akorbi provides real-time Over the Phone Interpreter Services (OPI) in over 150 languages. Our  Certified Over the Phone Interpreters are available 24 hours a day, 7 days a week and 365 days a year. Just call our live Interpreters today, and we can connect you with a credentialed phone interpreter in approximately one minute or less – on average in only 30 seconds.

We offer worldwide Over the Phone Interpretation Services (OPI). Through Akorbi you will benefit from custom billing with no one-time fees, service charges or monthly fees.

With Akorbi, you have access to a variety of Translation, Transcription, Remote Interpretation,  Face-to-Face Interpretation,Learning Services and Localization solutions to help you meet your global business needs. We’ll work with you to choose the best solution, or combination of solutions, to best support your project and maximize your budget.

How it Works.  What You Get.

When you need an certified interpreter, we are only a phone call away. All you have to do is:

  • Dial your dedicated assigned number.
  • Enter your access code.
  • Request the language you need.

You will have access to a secure client portal which gives you access to your call activity reports, language reports, surveys and much more.

  • No one-time fees, services charges or monthly fees.
  • Both U.S.-based and international call centers to effectively support your clients anywhere in the world.
  • Client relations and customer support departments.
  • Certified  language interpreters with at least 5 years of experience.
  • 24/7/365  Interpreter access in 60 seconds or less.
  • Support in more than 150 languages.
  • Quality control with online call monitoring, tracking and reporting.
  • United Multilingual Communications Platform (UMCP)– Akorbi’s Technology platform that is HIPAA compliant, secure and meets government-mandated privacy laws.
  • Dedicated customer support teams.
  • Service reviews to identify areas of performance improvement.
  • Seamless transition and assistance to move from other service providers to Akorbi.

Set Up A Free Consultation/Quote

Akorbi provides large volume discounts, as well as Ad Hoc pricing, so you always get just the servicing you need…nothing more, nothing less. We would love to help you build a solution that matches your specific business needs.

Akorbi President and Co-Founder Joins Elite Circle of High Growth Business Owners

photo of Azam Mirza

Azam Mirza selected as one of QuantumShift’s Top Entrepreneurs of America for 2017 and invited to join exclusive development program

Azam joined fellow entrepreneurs for a rigorous learning, networking and collaboration program featuring peer-to-peer interaction, as well as instruction from academic experts and leading industry professionals. Those candidates who complete the program will become part of the Fellows Network and have ongoing access to a circle of peers offering support, insight, mentorship and development.

Being accepted into the program is both a significant business achievement and an opportunity to accelerate Akorbi’s growth plans. According to Azam, “This opportunity could not have come at a better time. We have aggressive plans to increase the value of our company and continue creating more jobs in underserved regions of the world. It’s very exciting to connect with other business owners and learn from their experiences. I also plan to share my many entrepreneurial lessons learned in growing a global company, which now employs almost 1,000 people in 17 cities around the world.”

As President and co-founder of the world’s 3rd fastest growing Language Services Provider, with 1,267% growth in the last five years, the Admissions Committee found Azam to be a strong candidate for the program.

“We were impressed by Akorbi’s fast growth in recent years under Azam Mirza’s strong leadership, and we believe it is vital to acknowledge and foster it,” said Brian Hughes, National Leader, KPMG LLP’s Private Markets Group. “Azam’s vision and impressive leadership skills, as head of a fast-growing, global company, are what we seek to cultivate in our QuantumShift program.”

Azam credits all members of the company’s leadership for helping him earn this opportunity.

According to Azam, “What makes our company and management team successful is that we all share the same values and vision, and we are also committed to achieving the same business goals. We are fortunate to have some of the brightest minds leading our company and taking it to the next level.”

This strong collaborative focus has yielded impressive and measurable results. In the last five years, Akorbi has grown rapidly through the addition of complementary services including learning services, multilingual contact centers, staffing and interpretation.

Read Original Press Release Here

50 Female Entrepreneurs Recognized for Strong Business Growth

50 Female Entrepreneurs Recognized for Strong Business Growth

The Women Presidents’ Organization and American Express Recognize 50 Fastest-Growing Women-Owned/Led Companies; 10th Annual Award Ceremony Held in Orlando.

ORLANDO, Fla.–(BUSINESS WIRE)–The Women Presidents’ Organization (WPO), in partnership with American Express, today released the 10th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies – marking one decade of honorees. The companies on this year’s 50 Fastest list span a range of industries including technology, retail and consulting. The companies generated a combined $7.2 billion in 2016 revenues (mean of $155.6 million) and collectively employed 46,000 people in 2016 (mean of 725). The awardees who took home the top rankings are:

  • Fitness studio franchise Orangetheory Fitness is the fastest growing women-owned business and is appearing on the list for the second time, moving up from the #3 spot in 2016. The seven-year-old Boca Raton, FL-based company, led by Ellen Latham, saw its revenue flourish over the past two years ($86,842,513 in 2014 to $451,101,433 in 2016) and hired 98 employees during that time span. Ellen’s advice to aspiring entrepreneurs is to turn the “I can’t” channels in their brain into “I can” channels.
  • Pinnacle Group, an IT workforce solutions firm based in Dallas, remains at the #2 spot for the second year in a row. Nina Vaca, President and CEO, saw her 21-year-old company approach $2 billion dollars in revenue ($1,887,230,307 in 2016, up from $665,504,491 in 2014). The entrepreneur, who still owns 100% of the firm she founded at age 24 with $300 of startup capital, attributes her company’s success to its ability to meet the ever-changing demands of clientele.
  • IT services firm Technology Concepts Group International, a newcomer to the list, is the third fastest-growing company in the 2017 rankings. Based in Somerset, NJ, the nine-year-old business, founded and led by Avis Yates Rivers, saw its revenue rise from $6,726,000 in 2014 to $49,000,000 in 2016. Avis’ primary strategy for success has been to deliver value and create solutions to respond to customer challenges.

“We are proud to announce the 10th class of 50 Fastest honorees. This year, we’re excited to have awardees from a diverse range of industries and locations, including three international winners,” said Marsha Firestone, Ph.D., President and Founder of the Women Presidents’ Organization. “Our partnership with American Express has been crucial in acknowledging the influence women-owned and led companies have in job creation and growing the global economy.”

“Supporting the growth of women-owned and led companies is a true mission for us at American Express, and we are delighted to recognize these trailblazing women for their success,” said Susan Sobbott, President, Global Commercial Payments, American Express. “We hope these awardees and the stories of their business success will inspire others to create and lead prosperous businesses.”

Each of the honored business owners will be offered a congratulatory prize from American Express.

Applicants do not have to be WPO members. All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth; the top 50 were selected for the list. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies and have reached an annual revenue of at least $500,000 as of January 1, 2012.

More about the 2017 50 Fastest:

  • Average honoree age: 50
  • CEOs that founded the business: 92%
  • Started the business with their own funds: 72%
  • CEOs that are active in day-to-day operations: 100%
  • Companies that do business globally: 36%
  • Plan to continue to grow their company: 92%
  • Provide health insurance: 94%

All 50 companies will be honored at a special event hosted by American Express at the 2017 WPO Annual Conference in Orlando, Florida on Friday, May 5, 2017. The lunch and awards ceremony will take place from 12:30 PM to 1:30 PM at the Ritz-Carlton Grande Lakes.

Immediately following the lunch and awards ceremony, American Express will also host a Guide to Growth Panel from 1:30 PM to 2:15 PM. The panel will feature 50 Fastest honorees, who will share insights and advice for WPO members looking to grow their businesses.

The 2017 50 Fastest-Growing Women-Owned/Led Companies include:

Entrepreneur Name Company Name City, State/Province/Country
1 Ellen Latham Orangetheory Fitness Boca Raton, FL
2 Nina Vaca Pinnacle Technical Resources, Inc. d/b/a Pinnacle Group Dallas, TX
3 Avis Yates Rivers Technology Concepts Group International Somerset, NJ
4 Dr. Rebecca Thomley Morning Sun Financial Services Golden Valley, MN
5 Catherine Downey CATMEDIA Tucker, GA
6 Elizabeth Hammond Contract Direct Southfield, MI
7 Phyllis Winchester Newhouse Xtreme Solutions Inc Atlanta, GA
8 Claudia Mirza Akorbi Plano, TX
9 Christina Seelye Maximum Games Walnut Creek, CA
10 Debra Gentry Contingent Resource Solutions, LLC Duncan, SC
11 Raegan Moya Jones Aden & Anais, Inc. Brooklyn, NY
12 Jamila Stanford Nugate Group, LLC San Jose, CA
13 Rebecca Cenni Atrium Staffing New York, NY
14 Patti Massey MYCA Material Handling Solutions Cary, NC
15 Kay Ivie Ivie & Associates Flower Mound, TX
16 Tierra Kavanaugh (Turner) Wayne TKT & Associates, Inc. Louisville, KY
17 Pamela Evette Quality Business Solutions, Inc. Travelers Rest, SC
18 Mary Kariotis Merrimak Capital Company Novato, CA
19 Shelly Sun BrightStar Franchising, LLC Gurnee, IL
20 Britt Whitfield The Revel Group Chicago, IL
21 Elizabeth Prim Prim Construction, LLC Fort Worth, TX
22 Elizabeth Scherle Influenster New York, NY
23 Liz Elting TransPerfect New York, NY
24 Margaret Marcucci CorAnet Corp New York, NY
25 Yi Li Renogy Ontario, Canada
26 Katie Conovitz Twelve, Inc. Brooklyn, NY
27 Stacy Knight CA South Atlanta, GA
28 Roberta Roberts Shank “Sissie” Chas Roberts A/C & Plumbing, Inc. Phoenix, AZ
29 Tana Greene Greene-Group Davidson, NC
30 Anjali “Ann” Ramakumaran Ampcus Inc Chantilly, VA
31 Simone Schendel Reese Schendel Mechanical Contracting Ltd Edmonton, Alberta, Canada
32 Jennifer Smith Innovative Office Solutions, LLC Burnsville, MN
33 Michelle Baker Swoon Group, LLC Chicago, IL
34 Patricia Bible Katom Restaurant Supply, Inc. Kodak, TN
35 Karen McPartland TSAC Engineering San Diego, CA
36 Sushumnaa Roy Jalajam Softpath System, LLC Norcross, GA
37 Pamela O’Rourke ICON Information Consultants, LP Houston, TX
38 Margrit Anne Wolff Mercury Freight (PTY), LTD Johannesburg, South Africa
39 Ronia Kruse OpTech, LLC Troy, MI
40 Kathleen Benson Office Remedies, Inc. dba ORI Herndon, VA
41 Victoria Vasques Tribal Tech, LLC Alexandria, VA
42 Cordia Harrington The Bakery Cos. Nashville, TN
43 Linda A Sullivan Administrative Strategies, LLC Fishers, IN
44 Tamara L. Nall The Leading Niche New York, NY
45 Diane Astley Xclusive Staffing Westminster, CO
46 Patty Klein A-Plus Meetings & Incentives Coral Gables, FL
47 Natalie McDonald Create NYC New York, NY
48 Annette Johnson CMT Services, Inc. Hyattsville, MD
49 Cheryl Pia PIA Agency Carlsbad, CA
50 Lindsay McCutchen Reliant Staffing Systems, dba Career Start Rochester, NY

About the Women Presidents’ Organization (WPO)

The WPO is the ultimate affiliation for successful women entrepreneurs worldwide. In monthly meetings across the world, women from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com. Follow WPO on Twitter (@womenpresidents) and like us on Facebook.

Read the Original Press Release Here

Exclusive: These Are the 50 Fastest-Growing Women-Owned Companies in the U.S.

50-fastest-growing-women-owned businesses badge

Akorbi has snagged the No. 8 spot on the annual ranking of the fastest growing women-owned or led businesses released by the Women Presidents’ Organization (WPO) and American Express

The list, which is in its tenth year, ranks companies based on both percentage and absolute growth. To qualify, businesses must be privately-held, woman-owned or led, and have reached an annual revenue of at least $500,000 as of Jan. 1, 2012. The 50 companies generated a combined $7.2 billion last year, up from $75 million in 2007, the first year the list was compiled.

Top-ranked Orangetheory is followed by Pinnacle Group, an IT workforce solutions firm based in Dallas, which has remained in the No. 2 spot for the second year in a row. IT services firm Technology Concepts Group International, a newcomer to the list, was ranked No. 3.

Here is the full list of the 50 below:

  1. Orangetheory Fitness
  2. Pinnacle Technical Resources
  3. Technology Concepts Group International
  4. Morning Sun Financial Services
  6. Contract Direct
  7. Xtreme Solutions
  8. Akorbi
  9. Maximum Games
  10. Contingent Resource Solutions
  11. Aden & Anais
  12. Nugate Group
  13. Atrium Staffing
  14. MYCA Material Handling Solutions
  15. Ivie & Associates
  16. TKT & Associates, Inc.
  17. Quality Business Solutions
  18. Merrimak Capital Company
  19. BrightStar Franchising
  20. The Revel Group
  21. Prim Construction
  22. Influenster
  23. TransPerfect
  24. CorAnet Corp
  25. Renogy
  26. Twelve, Inc.
  27. CA South
  28. Chas Roberts A/C & Plumping, Inc.
  29. Greene-Group
  30. Ampcus Inc.
  31. Schendel Mechanical Contracting Ltd.
  32. Innovation Office Solutions

Read the Original Article on Fortune.com

Latina Entrepreneurs Elevate Minority Business Issues During Meeting With President Trump

Translation company owner standing in oval office
President Trump meets with women small business owners at the White House.

Twelve days after the U.S. Hispanic Chamber of Commerce facilitated a roundtable discussion with Latina business owners, a meeting with President Trump, Vice President Pence and Linda McMahon, Head of the Small Business Administration, quickly was arranged to continue to elevate the issues and seek further engagement to advance the priorities of women and minority owned businesses.

Joining a total group of eleven women small business owners, we- four Latina business owners- embraced the responsibility to speak up on behalf of the issues and barriers faced by the fastest growing business segment in the country; Hispanic-owned businesses.

The four Latinas at the table with the President included Patricia Funegra, a social entrepreneur and activist, founder and CEO of La Cocina VA, Dyan Medina Gibbens, former Air Force Captain now founder and CEO of the drone company Trumbull Unmanned, Claudia Mizra, an immigrant from Colombia founder and CEO of Akorbi a global provider of multilingual services and staffing and I, Lili Gil Valletta, CEO and co-founder of CIEN+ and CulturIntel.

Lili Gil Valletta, Dyan Medina Gibbens, Claudia Mirza, Paty Funegra

Some of the key issues discussed included mentoring, better awareness of SBA programs to ensure equity in access to capital and opportunities like government contracting, training and STEM programs for children K-12 and removing barriers for lending that disproportionately affect women and minorities.

As private citizens and Latina business owners without party affiliation, we proudly shared our journeys as immigrants and underscored the importance of recognizing America’s shifting demographics and closing inequality gaps.

I particularly brought up the need to engage Hispanics as programs are designed and the need for relevant community outreach and role models among minority children and their parents to foster a culture of education, STEM and innovation. These inclusive strategies can make generational impact by leaving a legacy of systemic changes and programs that empower the diverse segments that are set to drive incremental growth, but have yet to achieve their full potential.

While many organizations have recognized diversity in talent and leadership as a key business priority, many still lag behind when it comes to diversity as a priority for vendor or partner contracting. This is what is called supplier diversity, a term often misunderstood as an effort to fulfill quotas instead of a key strategy to drive innovation, sustainability and economic growth.

The shifting demographics in America are an eminent reality. In fact, the U.S. Census estimates that by the year 2044 we will be a majority-minority nation; however this milestone has already arrived across public schools in America today. In fact, according to the US Census, minorities drive 100 percent of population growth.

But how are these trends linked into the economy of our businesses and nation? Simply said, it’s about growth. Common business sense tells us that investment and priority ought to be allocated to the trends and factors driving growth.

According to the SBA, small businesses have created 66% of net new jobs since the 1970s; a key economic indicator tied directly to the overall health of the economy. In addition, minorities are fueling small business growth and outpacing other segments in firm creation. For example, over the last decade, Hispanic-owned companies have grown at a rate 15 times higher than that of all other firms, according to the U.S. Hispanic Chamber of Commerce; with Latinas outpacing their male counterparts within the segment. African-Americans and Asians also report higher growth rates in new firm creation at 34% and 24% respectively, versus -6% for non-minority firms, according to the Minority Business Development Agency (MBDA). ­­

Among women, Latina owned businesses lead the way driving new business growth according to The 2016 State of Women-Owned Businesses Report commissioned by American Express OPEN. Between 2007 and 2016 the number of Latina owned firms increased by 137% versus 45% for overall women-owned firms.

Unfortunately, while minority owned businesses are driving new small business growth and creating new jobs that play a critical role for American prosperity, a closer look at the revenues performance and access to capital of these businesses highlight concerning inequality gaps that have a direct impact in America’s ability to achieve its full growth potential.

While minority owned businesses drive all the growth, they report disproportionately less average gross receipts at $173,552 versus $552,079 for non-minority firms, according to the MBDA. That is .31 cents to the dollar in revenues, which translates into a $3.1 trillion gap that should be coming into the economy. Overall minority-owned businesses today contribute $1.4 trillion in combined gross receipts. For Hispanic-owned businesses the disparity is greater at .25 cents to the dollar, this according to the U.S. Minority-Owned Fact Sheet published by the MBDA January of 2016. Only earning a third of their full revenue potential also means their ability to generate new jobs is not being exercised at their full potential. Overall, minority firms today represent approximately 28 percent of all firms in the U.S., however they only contribute 0.04 percent in combined gross receipts of all U.S. firms contributing $1.4 trillion out of $33.5 trillion, according to numbers reported by the MBDA.

This issue trickles down to women, particularly Latinas, who lag behind achieving their full economic potential earning 36 cents to the dollar in revenues versus their female counterparts. Overall women-owned businesses report average revenues of $143,431 while Latinas report $52,087. If Latina owned businesses were to reach parity in revenues with their female counterparts this will bring into the economy an additional 172 billion in revenues. Today’s $97 billion would become $269 billion.

The Small Business Administration plays an important role in helping fill these gaps. Programs like Scale Up and Score were mentioned as successful models. However, new strategies must be explored to provide for more flexibility in startup funding, minority business inclusion and bringing flexibility to lending mechanisms.

When the segments that are driving the growth in new small business creation- who are also the ones driving new job creation- are not achieving their full revenue potential, the American economy is not – and will not- prosper at its full potential either. “ Lili Gil Valletta

This is not a minority issue, but an American issue. This is why organizations like the U.S. Hispanic Chamber of Commerce under the leadership of President and CEO Javier Palomarez, have taken a stand to advocate for minority and Hispanic owned businesses. Palomarez has made it clear that his role is one to elevate the priority and economic power we, Latino business owners, represent to the economic well being of this country.

Despite his harsh criticism of Trump during the campaign, he is now open to work with the president on issues they agree on. Palomarez told the New York Times recently “I’d much rather campaign from the inside than complain from the outside.”

As a member of the U.S. Hispanic Chamber of Commerce I am proud to support this call to action. Despite the emotional charge that may be associated with approaching the Trump administration, I am willing to speak out and speak up. In a way, presenting the Hispanic and multicultural business case with hard facts to the board rooms of Fortune 100 companies for the last 20 years of my career have prepared me now to elevate the same priority on a much larger stage at the White House.

In summary, designing inclusive policies and procurement practices is not an altruistic mission but a critical requirement for our economy to grow and for all Americans to prosper. However for that to take place, the segments driving the growth in population and businesses must be properly included, heard and prioritized when decisions are being made. We must find more inclusive and positive ways to work together, especially after a divisive and emotionally charged campaign year; and this meeting represents an important step forward for all.

Women Are Crucial For Job Creation

President Trump With Women Business owners
Trump pledged to “continue responding to the barriers faced by professional and enterprising women.”
Trump: "Women are crucial for job creation"
At a panel discussion with businesswomen, President Donald Trump pledged to address the barriers they face for the growth of their businesses.

Washington (Reuters) – President Donald Trump on Monday held a meeting with a group of women entrepreneurs , including four Latinas, in which he pledged to address the barriers they face to growing their businesses because “they are crucial to the creation of Jobs “.

“Empowering and promoting women in business is an absolute priority in the Trump Administration because I know how crucial women are as creators of jobs, role models, and leaders in all our communities ,” Trump told the group of 10 women , According to a transcript of the meeting.

At the round table, Trump noted that women are the main source of income for 40 per cent of households with children under the age of 15, and pledged to “continue to respond to the barriers faced by professional and entrepreneurial women,” including Access to capital, markets, and networks.

Trump said his government “will advocate for policies that support working families, including accessible and affordable childcare.”

Trump garnered praise last month for executive orders to encourage the inclusion of women in business and science, engineering and mathematics (STEM) careers.

However, she has also been criticized because her budget plan for fiscal year 2018 includes cuts that will hurt women.

Speaking to the newspaper, Colombian businesswoman Liliana Gil Valletta , one of the four Latinas invited to the meeting, praised that Trump has recognized the “important role that business plays in the hands of women” to create jobs and promote economic growth in the country.

“I felt I had a cordial desire to initiate an open dialogue and explore solutions to remove barriers that disproportionately affect women and minority entrepreneurs,” said Valletta, co-founder and chief executive of the company “Cien +.”

“I was proud to represent the voice of the fastest growing business segment in the country, which is Hispanic. I emphasized that we are rapidly becoming a minority nation, and if we do not fully embrace and empower our communities, the US will not achieve its full potential for growth and prosperity, “ she added.

Valletta said she shared with Trump her experience as a Colombian immigrant who came to the US at age 17 “with a student visa, a suitcase and no English.” Your company specializes in data analysis, consulting and marketing strategies.

The rest of the Latina entrepreneurs included Patricia Funegra,  founder and CEO of La Cocina VA , which offers technical and vocational training for immigrant women in the service sector; Dyan Medina Gibbens,   former Air Force chief executive of Trumbull Unmanned, a company specializing in the use of drones for energy sector research, and Claudia Mirza,  founder and chief executive of  Akorbi.

Four Latina businesswomen were invited to meet with Trump.

The meeting was also attended by Trump’s daughter, Ivanka, who at the invitation of the German government next month will represent the United States at a global summit in Berlin for the empowerment of women and economic development.

Read the original article here.