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Center for Entrepreneurial Opportunity
AEE Applauds Senate Confirmation of Don Cravins, Jr.
Press Release
Published August 5, 2022

AEE Applauds Senate Confirmation of Don Cravins, Jr.

Photo of Imani Augustus
Imani Augustus
Director, Center for Entrepreneurial Opportunity
CEO_Policy

WASHINGTON—The Alliance for Entrepreneurial Equity’s Director, Imani Augustus, issued the following statement on the Senate’s vote to confirm Don Cravins, Jr.:

“We are thrilled to see the US Senate confirm Don Cravins, Jr. to be Under Secretary of Commerce for Minority Business Development. Don’s decades of service to this country and extensive expertise in the challenges minority-owned businesses face will be critical for the Department as it ushers in a new era of entrepreneurship.

While new business creation is up in America, only 2% of America’s employer businesses are Black-owned, just 6% are Hispanic-owned, and men own three times the number of businesses than women. The Minority Business Development Agency will play a critical role in breaking down barriers that entrepreneurs of color face, and Don is an exceptional person to lead this important effort. We look forward to working closely with him in this new role.”