[Federal Register Volume 59, Number 154 (Thursday, August 11, 1994)]
[Presidential Documents]
[Pages 41375-41376]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 93-19877]

[[Page Unknown]]

[Federal Register: August 11, 1994]


Part III

The President


Proclamation 6713--
Minority Enterprise Development Week, 1994

                        Presidential Documents 

Federal Register
Vol. 59, No. 154
Thursday, August 11, 1994


Title 3--
The President
                Proclamation 6713 of August 9, 1994

Minority Enterprise Development Week, 1994

                By the President of the United States of America

                A Proclamation

                Growth and development in the minority business 
                community are crucial to the social fabric, as well as 
                to the overall economy, of this Nation. While racial 
                and ethnic minorities constitute over 26 percent of the 
                total U.S. population--a proportion that is constantly 
                growing--minority citizens continue to be 
                underrepresented in commerce and industry.

                This lack of representation results in losses of 
                opportunities and in losses to the American economy. 
                This can and must be rectified. Every individual has a 
                contribution to make and deserves to participate fully 
                in the public and private sectors of the United States, 
                without regard to racial or ethnic origin.

                Minority business development is an essential element 
                in helping to enable every American to become a full 
                participant in the economic life of our country. 
                Minority entrepreneurs often face tremendous odds on 
                the road to success. However, the assistance and 
                encouragement of our Government is available to all of 
                our citizens. This includes up-to-date information 
                regarding market opportunities, increased capital for 
                business expansion, advice and experience in business 
                management, and recognition of the quality goods and 
                services minority-owned firms can provide.

                Commerce in America is at a watershed: to achieve 
                economic security, we must eliminate old ways of doing 
                business and initiate practices that are inclusive. 
                Discriminatory and exclusionary practices have no place 
                in our Nation. Ours has always been a society comprised 
                of minorities; diversity is our strength. And everyone 
                must be included in this country's economic team.

                We are definitely on the right track, as the economic 
                policies of this Administration have already resulted 
                in renewed economic growth that has generated 3.5 
                million new private-sector jobs for our citizens. And 
                with the unemployment rates of our minority citizens 
                showing improvement as well, this means we are 
                producing more jobs for those Americans who have too 
                often been excluded from the mainstream of our society. 
                But more remains to be done, and we will need to look 
                to minority businesspeople to become a cornerstone of 
                an urban renaissance, creating even more jobs where we 
                most need them. Minority business development is one 
                place where a small investment can yield tremendous 

                Minority Enterprise Development Week highlights the 
                benefits of commercial and economic expansion for 
                minorities and offers us an opportunity to acknowledge 
                the growing number of successful minority entrepreneurs 
                and to pledge support for continued growth.

                NOW, THEREFORE, I, WILLIAM J. CLINTON, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and laws of the United 
                States, do hereby proclaim the week of October 9 
                through October 15, 1994, as ``Minority Enterprise 
                Development Week.'' I call on the people of the United 
                States to recognize the contributions that minority-
                owned businesses make to the well-being of this Nation 
                and to observe this occasion with appropriate 

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                ninth day of August, in the year of our Lord nineteen 
                hundred and ninety-four, and of the Independence of the 
                United States of America the two hundred and 

                    (Presidential Sig.)>

[FR Doc. 93-19877
Filed 8-10-94; 11:19 am]
Billing code 3195-01-P