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Since its establishment in 1994, AABDC has been striving to live up to its mission of assisting Asian American businesses in strengthening their capacities to compete in the mainstream marketplace, to expand business opportunities and to promote greater recognition of Asian American businesses' contributions to the general economy.
Beginning in 1994, AABDC offered a series of forward-thinking and creative seminars and conferences:
Asian Women-Owned Business Conferences
Export/import workshops
Franchise seminars and expos
Computer and small business
Women and technology
Procurement opportunities in public and private sectors
Managed care conferences
Doing Business in New York City
How to Do Business in Asia
Seminars on Asian financial crisis
Salute to Asian American Business
Outstanding 50 Asian Americans in Business
Lunar New Year Ceremony/Reception.
Beginning in 1997, AABDC organized a series of events and reports on New Majority:
In partnership with the Harlem Business Alliance (HBA) and the Institute for Multicultural Business, Inc., AABDC created, developed, and implemented the concept of the New Majority. Focusing on what unites three diverse ethnic communities, African American, Hispanic, and Asian American, New Majority hopes to mold their diverse interests into one force capable of leveraging each community's unique strengths to deal with government and business structures for the benefit of each component community.
New Majority Economic Summit
A report on "New Majority Business Enterprises and Alliances"
New Majority Media Conference
New Majority Media Directory
Bridging the Digital Divide
New Majority Business Economic Development Conference.
Rebuild New York City:
After the tragedies of September 11, 2001, the Rebuild New York City initiative has become a major focus of AABDC's mission. AABDC's two-prong strategy of financial assistance and tourism development in assisting business recovery in Chinatown has gained the approval and support of public and private sector aids organizations. Immediately after September 11th, AABDC reached out and invited the city's major tourism, cultural and business organizations to Chinatown to discuss organizing promotional campaigns to support tourism in Chinatown.
The initiative resulted in a series of activities aiming to promote tourism in Chinatown:
An advertising campaign featuring internationally acclaimed movie star and martial artist Jackie Chan in a Welcome Back to Chinatown advertising campaign
Joined forces with The New York Times to put together a six-page special advertising supplement on Chinatown
Launched the Chinatown Travel Guide, a 120 page guidebook
Established an SBA Disaster Loan Center in Chinatown to assist local businesses in applying for SBA Disaster Loans
The Financial Assistance Center assisted businesses in applying for WTC
International business opportunities
A key part of AABDC's business assistance strategy has been to facilitate business opportunities between the United States and Asia. The fast growing economies in Asia, in particular those of China, India and Korea, offer tremendous opportunities for small and minority-owned businesses to explore new business possibilities and develop partnerships that are both rewarding and mutually beneficial.
With a distinguished track record and leadership role in the US - Asia trade, AABDC has demonstrated success by organizing trade missions, seminars and workshops as well as networking events in the US and in Asia.
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John Wang is the Founder and President of AABDC. Before establishing AABDC, Mr. Wang was the Executive Director of the Chinese American Local Development Corporation. He is credited with developing the nation's first economic development strategy for the Asian American small business community.
The New Majority Economic Summit, Grand Hyatt Hotel, March 1996.
Unity Reception with Congressional Black, Hispanic and AsianCaucus, mid-town Manhattan, 2002.
Salute to Asian American Businesses, New York Hilton Hotel, 1994.
How to Do Business in Asia Conference, Vista Hotel, 1996.
Congresswoman Nydia Velazquez gave a keynote address at the AABDC Opening Reception, July 1994.
Asian Women-Owned Business Conference, Fashion Institute of Technology, 1996.
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