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Memoranda of Cooperation

Memoranda of Cooperation

AUSTIN – Monday, February 25, 2013 became a new “red-letter” day for African American and Mexican American businesses in Texas when the statewide business organizations representing their interests made history by signing Memoranda of Cooperation with over a dozen state agencies. Jim Wyatt, chairman of the Texas Association of African American Chambers of Commerce is certain of the significance of the ceremony that was conducted in the Lt. Governor’s Reception Area in the State Capitol building. {{more}} “The signing of these documents represents the culmination of hours and hours of behind-the-scenes work,” Wyatt said. “Representatives from TAAACC, Texas Association of Mexican American Chambers of Commerce , state agency Historically Underutilized Business HUB) coordinators and the tireless commitment of legislators from both the House and the Senate have made this occasion possible. The commitment of these state agencies to improve performance in contracting with our members will result in business growth, increases in employment, and enhancements to local tax bases and all-around improvement in the communities our members call home. This is real, tangible evidence that when we work together we can accomplish great things in Texas.” The State of Texas spends billions of dollars on goods and services each year, but ethnic minority businesses struggle to garner significant shares of state spending in construction, goods and services, and professional services. During the last biennium, state spending topped $15 billion while African Americans and Hispanics were awarded contracts totaling only 1.63% and 1.XX respectively. “This MOC signing represents a major first step,” said Ben Mendez, chairman of TAMACC. “Our organizations are working diligently to improve opportunities for our members. The level of support we’ve attracted from legislators this session is encouraging, and we believe that – finally – our message is breaking through. This signing is a major breakthrough and we expect that our members will experience breakthroughs in their efforts to gain contracts with state agencies.” The signing of the Memoranda of Cooperation took place on Monday, February 25, 2013 at 10:00 a.m. in the Lt. Governor’s Reception Area in the Capitol. TAAACC and TAMACC expected business leaders from across the state to attend and witness the signing. On Tuesday, February 26, TAAACC and TAMACC hosted a reception for legislators and guests from 6-9 p.m. at the historic Austin Club, 110 E. 9th Street in Austin. TAAACC is one of oldest Black business leagues in America. Since its inception, TAAACC has continued to grow in size and influence and currently represents 22 Black chambers of commerce and their more than 10,000 Black businesses throughout the state. Consultant/President – Charles O’Neal TAMACC is an organization founded in 1975 by a small group of Hispanic businesspersons interested in increasing business opportunities. The association, headquartered in Austin, Texas is the organizational umbrella for, and provides advocacy, technical assistance, programs, and services to, the network of local Hispanic Chambers of Commerce.

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