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October 02, 2023

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What Works for HUBZones, Small Emerging Businesses, and MBEs: A Mission at the 2023 IAEOZ Summit

What Works for HUBZones, Small Emerging Businesses, and MBEs: A Mission at the 2023 IAEOZ Summit

The IAEOZ Summit, to be held from October 17-19, 2023 at the Embassy Suites Baton Rouge in Baton Rouge, Louisiana, will be a beacon of information about innovation in the agriculture and energy sectors, and investment in Opportunity Zones. The Summit's primary focus is to address systemic barriers and challenges that impact rural communities, emphasizing the importance of investment in Smart Farming, advanced food production technologies, and renewable energy solutions.

The Significance of HUBZones

HUBZones, or Historically Underutilized Business Zones, are designated areas in the U.S. where businesses can gain preferential access to Federal procurement opportunities. These zones are typically in areas with historical economic hardships, and the program aims to spur economic development and job creation in these regions.

Benefits for Businesses in HUBZones

1. Priority Access to Federal Contracts: Businesses in HUBZones can compete for special set-aside contracts within the Federal Government, giving them a competitive edge.
2. Competitive Advantage: Being in a HUBZone can provide businesses with a 10% price evaluation preference in full and open Government contract competitions.
3. Networking Opportunities: The IAEOZ Summit provides a platform for HUBZone businesses to connect with Federal agencies, potential partners, and other businesses, fostering collaboration and growth.
4. Access to Specialized Workshops: The Summit will offer workshops tailored to the needs of HUBZone businesses, ensuring they are equipped with the knowledge and tools to thrive.

The IAEOZ Summits Vision for HUBZones

The IAEOZ Summit recognizes the potential of HUBZones and aims to provide these businesses with the resources, knowledge, and connections they need to succeed. By focusing on the unique challenges and opportunities faced by HUBZone businesses, the Summit offers a tailored experience that can drive tangible results.

Empowering Black and Brown Farmers

Previous IAEOZ Summits have shed light on empowering Black and Brown farmers. Topics covered included agricultural literacy, the role of satellites, drones, and the Internet of Things in precision farming, Government research grants and contracts in a broad range of sectors from waste-to-fertilizer technology to Electric Vehicle charging stations, and the significance of Private-Public Partnership investment in rural community revitalization, job creation, and workforce development.

The 2023 IAEOZ Summit: A New Dawn

The 2023 IAEOZ Summit brings together leaders from various sectors, including business, commerce, technology, and philanthropy. These leaders will discuss the evolving role of farming in America and how HBCUs and Land Grant colleges located in Opportunity Zones can serve as anchor institutions. The goal is to reinvent agribusiness education, innovation, commercialization, land preservation, restoration, and wealth creation within the Minority agriculture community.

Accessing Funds and Grants

One of the Summit's highlights will be providing actionable information on accessing funds and grants generated by the Infrastructure Investment and Jobs Act. Additionally, there will be discussions on expanded Government contracting opportunities for MBEs, driven by the landmark Executive Orders 13985 and 14008.

Sustainability and Carbon Sequestration Initiatives

Speakers at the summit will present case studies on sustainability and carbon sequestration initiatives in farming. These presentations will offer insights into successful Minority-owned agribusiness enterprises, and cost-of-energy reduction programs, showcasing their achievements and the paths they took to success.

The Louisiana MBDA Business Centers Role

The Louisiana MBDA Business Center plays a pivotal role in supporting businesses that generate significant annual revenue. It focuses on securing domestic public and/or private contracts, financing transactions, exports, and job creation for eligible Minority-owned businesses.

Join Us at the IAEOZ Summit

The 2023 IAEOZ Summit promises to be a groundbreaking event, offering solutions, insights, and opportunities for HUBZones, Small Emerging Businesses, and MBEs. As we look forward to the Summit, the commitment of the MBDA FPC and other stakeholders to drive positive change in the agricultural and energy sectors remains unwavering.

Don't miss out on this unique opportunity to connect, learn, and grow. The 2023 IAEOZ Summit is a pivotal event for HUBZones, Small Emerging Businesses, and MBEs. By attending, you'll gain invaluable insights, network with industry leaders, and discover new avenues for success. Register now and be a part of this transformative experience.