White House Co-Hosts Entrepreneurship Summit in Newark

June 6, 2011  |  

(BET) — The latest unemployment numbers are not encouraging and in keeping with recent trends,African-Americans are faring worse than the rest of the country. But the Obama administration has a plan to help turn the tide by boosting the numbers of small and medium-sized businesses in urban areas across the country.  The White House has teamed up with Rutgers Business School to host an invitation-only Urban Entrepreneurship Summit on Monday at the university’s Newark, New Jersey, campus.  “If we as a country want to attract  new jobs in all of our communities we have to do a better job of creating and supporting entrepreneurs in our nation’s cities and when we do that we see good wages and families will be able to thrive and that’s the only way to win the future,” said Don Graves, executive director for the White House Council on Jobs and Competitiveness.

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