January 2007
Andre Downey, President and CEO, of EEC, Incorporated has been selected to be Maryland’s alumni representative for Dartmouth College’s Tuck School of Business Executive Education program. Downey’s responsibilities will include recruiting students for Tuck’s Minority Business Executive Programs and raising funds to provide scholarships for women and minority entrepreneurs who might not be able to afford the program otherwise.
Downey said, “I gladly take on this new responsibility. I credit the education I received from Tuck for giving me the tools I needed to grow my business and create new jobs. I think it is important for other minority entrepreneurs to have the same opportunity.”
The State of Maryland is home to more than 400,000 businesses, and more than one-half of these businesses are owned by a woman, or a member of a minority group. The number of minority owned businesses will significantly increase with the projected wave of new immigration. Maryland’s economic growth is dependent on the success of these businesses.
According to the U.S. Department of Commerce’s Minority Business Development Agency, women and minority owned businesses fail at a much higher rate than other businesses. One of the most important factors in the success of any business is managerial skill. Programs such as Tuck’s can help ensure that minority owned companies flourish and provide employment opportunities to revitalize our communities and support our families.
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