In the unbalanced world of fragile economies the Detroit Black Expo was — as usual — a bright and shining beacon for business hopefuls. The annual affair helps to empower Detroit-based entrepreneurs by providing a one-stop shop environment for entrepreneurs seeking business networking and mentoring opportunities. The three-day event also offers panel discussions in a town hall meeting setting for attendees to sharpen their business acumen in areas ranging from government contracting to importing and exporting and international trade. The DBE in brief offers the business essentials of sound and successful business practices for Detroit’s established and aspiring business people.
The 2009 Black Expo ironically — or maybe not so ironically — was held in the swank surroundings of the Mariott Hotel on the grounds General Motors’ world headquarters. And while manufacturing industry leaders and economic forecasters foretold the end of a business era, the effects of the recession and financial turmoil were less evident in the bustle of vendors and consultants offering glamorous accessories, trendy wellness products and professional services.
Networking ranked high on expo agenda
Town hall meeting speakers and panelists advised business owners to follow their instincts and remain steadfast in adhering to business plans. As for the hot industries for business start-ups, Ken Harris DBE CEO and president advised entrepreneurs to consider alternative opportunities in the burgeoning energy, film and entertainment industries.
Stephanie Whitfield and partner
“Detroit has more than 19,530 African American businesses and there are 44,000 in the state of Michigan,” Harris said. “Detroit and the region’s recovery will come from the labor of entrepreneurs and small-business owners who hire people in the community. Entrepreneurship will create the next workforce outside of the shrinking automotive industry.” –roz edward