National ACE Applauds Congress’s Passage of the Bipartisan Infrastructure Investment and Jobs Act

FOR IMMEDIATE RELEASE

November 6, 2021

Contact:

Daniel Oliver (doliver@nationalace.org)

Janet Alikpala (jalikpala@nationalace.org) 

The National Asian Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE) applauds the bipartisan efforts of Congress and the Administration to pass the Infrastructure Investment and Jobs Act. The legislation includes several provisions that will benefit AAPI small businesses and the small business community as a whole. Crucially, the infrastructure package codifies the Minority Business Development Agency (MBDA), giving it more authority and resources to both work with the federal government and reach more minority-owned small businesses. 

“The codification of the MBDA is a huge victory for all minority owned small businesses,” National ACE President and CEO Chiling Tong said, “The MBDA provides resources to increase capacity and unify minority-owned small businesses to develop and thrive. We commend the Biden-Harris Administration for its continued commitment to minority-owned small business.”  

The bipartisan infrastructure package also makes crucial investments to help close the digital divide, ensuring that all Americans can fully participate in the economy. It makes historic investment into the nation's roads, bridges, ports, and airports in the form of federal contracts that prioritize minority-owned businesses. Furthermore, the infrastructure plan will make American markets more competitive and allow a diverse range of industries to contribute to vital infrastructure projects. The Infrastructure Investment and Jobs Act will provide opportunities for small businesses to create jobs, increase capacity, and boost economic opportunities. 

Full statement to download here.