- The Asian American Business
Roundtable (AABR) was established in 1989 to help Asian and other
minority-owned businesses access federal procurement, expand their
market base with the Federal Government as well as the commercial
sector by providing information that is accurate and timely to enable
them to make informed decisions beneficial to their companies. The
U.S. population is becoming more multiracial.
- There are 22 million people
who claim to be Asian Americans on the 2000 census. Minority
businesses face tougher times in the years ahead. The dollar value of
prime contracts owned by minorities declined by 33% in 2000. In
addition, these companies declined to their lowest level since 1993.
Asian-owned businesses increased nationwide by 30% to 913,000 from
1992 to 1997. Their problem is exacerbated by their immense diversity.
Their numbers could have been higher but many fell by the
wayside for their inability to survive the highly competitive American
vision is that of an America that is the realization of an achievable
dream as a â€śLand of Opportunity,â€