Minority Business Success: Refocusing on the American Dream

By Leonard Greenhalgh; James H. Lowry | Go to book overview

3 GOVERNMENT MUST REFOCUS
ON INCLUSION

EXECUTIVE SUMMARY

Government has a vital role to play in fostering the development of the nation’s commercial activities. This is especially true of the federal government, which must serve the national interest whether or not state and local governments are doing their parts.

The form of the assistance needs to be tailored to business size: small start-up businesses have vastly different challenges than do medium-size businesses, which are different yet again from those challenges facing large businesses. Beyond differences resulting from scale, there are unique business situations and special needs that need to be addressed. Minorities, Native Americans, women, veterans, and businesses operating in inner cities and poor rural areas all have special needs, and it is in the public interest to foster the economic self-sufficiency and success of all. The challenge is to distinguish the role of each government agency and ensure that they work together—and collaborate with corporations and support organizations—to achieve optimum impact and the most efficient use of tax dollars.

Governmental programs are essential because we cannot risk allowing market dynamics to determine the fate of the entrepreneurial econ

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