The study proposes to survey businesses to identify the participation rates of minority-owned businesses in global commerce. Currently there are no sources of data available that provide this kind of information. A survey is necessary to establish benchmarks of minority business participation in exports of goods and services, export sales, international trade, and trade with fast growing markets.
To support President ObamaÂs Executive Order  National Export Initiative of March 11, 2010, the Minority Business Development Agency proposes to conduct a study and release the findings during the Minority Enterprise Development (MED) Week Conference, August 25-27, 2010, in Washington, D.C.
The PresidentÂs Initiative calls for Âdoubling exports over the next 5 years by working to remove trade barriers abroad, by helping firms -- especially small businesses -- overcome the hurdles to entering new export markets, by assisting with financing, and in general by pursuing a Government-wide approach to export advocacy abroad.Â
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.