Increasing Economic Opportunity and Business Participation of Asian Americans and Pacific Islanders
Headline: Creates Commission to Boost Asian American and Pacific Islander Businesses
What it does: Federal agencies must prepare and submit plans to expand equal economic opportunities for Asian American and Pacific Islander businesses.
- Creates a federal advisory commission focused on Asian American and Pacific Islander business development.
- Requires agencies to prepare plans increasing Asian American and Pacific Islander access to federal programs.
- Directs collection of data on participation of these businesses in the national economy.
Summary
This order creates a Presidential Advisory Commission in the Department of Commerce to improve economic opportunities and increase business participation by Asian American and Pacific Islander communities. It also establishes a White House Initiative office and an interagency working group to support the Commission.
Federal departments must prepare plans to ensure equal access to federal programs, prevent discrimination in contracts, promote public-private partnerships, and collect data on Asian American and Pacific Islander businesses. The Commerce Secretary will develop an integrated Federal Plan and the Commission will terminate after two years unless renewed.
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