Press Release

African American Newswire
For immediate release: April 23, 2001
Contact: Intégrité Media Group
Damon T. Oliver 213 694-0204/d.t.oliver@usa.net or
Terry Warren 818 292-4664/terry_warrenpr@yahoo.com

Business Conference provides African American business owners with access to $100 million in procurement

Los Angeles, CA, April 23, 2001/African American Newswire-- The TPC Foundation, Inc., a non-profit organization dedicated to strengthening and developing African American owned businesses through training, development, conferences and symposiums, has announced its program to help African American entrepreneurs access $100 Million in corporate and governmental procurement opportunities at the California African American Business Summit 2001(CAABS 2001). This fourth annual Summit features such business notables as Ken Lombard, president of Magic Johnson Development Company; Victoria Lowe, president of Los Angeles County’s largest woman-owned business, Alert Staffing and procurement expert Beverly Kuykendall, founder of Federal and Commercial Contracts.

According to Lowe, who is also the president of the National Association of Women Business Owners-Los Angeles, “It is extremely vital to the growth and development of black-owned businesses that we create alliances with other minority small businesses or other larger companies to secure procurement opportunities in the corporate and governmental sectors.” She adds, “The California African American Business Summit provides the atmosphere and programs for entrepreneurs to achieve this business-to-business exchange. This makes it the premiere event for small business owners who are interested growing and expanding their operations.”

CAABS 2001 will provide entrepreneurs with cutting edge tools, technology and information needed to navigate the newest business paradigm through workshops and panels. In addition to meeting with corporate and government procurement executives, the summit features workshops and sessions on topics ranging from securing debt and equity financing, using technology to increase productivity and profitability and becoming more competitive through alliances, mergers and acquisitions.

Business owners will also have the opportunity to start the process to be certified as a minority business by the National Minority Supplier Diversity Council. The certification is universally recognized by corporate procurement officers and government agencies when evaluating minority vendors. The SBA will also instruct entrepreneurs on how to become an (8)a certified company, which allows minority owned businesses to participate in governmental diversity procurement programs.

According to Jim Anderson, CEO of software providers, Beach Cities Computers, “The Summit has always been a great place for African American entrepreneurs to receive new opportunities in the corporate arena. The contacts that I’ve made at past Summit’s has allowed me to grow my bottom line.”

Corporate partners participating in the showcase include AT&T, UPS, Wells Fargo Bank, Ford Motor Company, Turning Point Magazine, Bank of America, The Disney Corporation, Merrill Lynch, The Port of Oakland, Northern Trust Bank, Xerox Corporation, Microsoft and LA Community Redevelopment Agency among others. Representatives of these corporations will be on-hand to meet attendees to discuss potential procurement contracts. Other highlights for CAABS 2001 include a Corporate Marketing Pavilion, where sponsors will showcase their products and services; sessions for faith-based organizations; and the “Conversation With A Winner Series,” where business owners are able to talk directly to those who have succeeded in business despite the odds.

The Summit will be held May 31 – June 2, 2001 at the Hyatt Regency in Irvine California. For more information or to register for the California African American Business Summit 2001, call 310 821-6910 or log onto www.Turningpointmagazine.com.

Source: African American Newswire: 1-800-286-3659.