HOUSTON, Jan. 27, 2016 -- U.S. Small Business Administration (SBA) Administrator Maria Contreras-Sweet learned first-hand about the Port of Houston Authority’s Small Business Development Program during a visit that she made to the port this month. The SBA is charged with supporting America’s small businesses, and Port Authority leadership and staff, along with several small business owners, met with Contreras-Sweet and discussed small business in the port region.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ee979db3-5ca1-4335-a625-53516efb2403
Contreras-Sweet is the 24th Administrator of the SBA and is a member of the President’s cabinet.
Port Commission Chairman Janiece Longoria and Port Commissioner John D. Kennedy, along with the Executive Director Roger Guenther and key staff shared details about the Port Authority’s Small Business Development Program with the SBA Administrator. Contreras-Sweet noted that the program served as a “model” for the nation.
The goal of the Port Authority’s Small Business Development Program is to award 35 percent of eligible contracts to small businesses. The Port Authority has regularly exceeded that goal, awarding small businesses with 42 percent of eligible contracting dollars to date. As a result, since its inception, $434 million in Port Authority contract expenditures have been made to small businesses.
The Port Commission approved the Small Business Development Program in 2002 and has since maintained a strong commitment to extensive small business development outreach efforts. The program is race and gender neutral, and open to all certified small businesses meeting the minimum requirements. More details about the program can be found on the Port Authority’s website at www.portofhouston.com
About the Port of Houston Authority
For more than 100 years, the Port of Houston Authority has owned and operated the public wharves and terminals of the Port of Houston – the nation’s largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the nation. It supports the creation of nearly 1.175 million jobs in Texas and 2.7 million jobs nationwide, and economic activity totaling almost $265 billion in Texas – 16 percent of Texas’ total gross domestic product – and more than $617 billion in economic impact across the nation. For more information, visit the Port Authority website at: www.portofhouston.com.
The photo is also available via AP PhotoExpress.
CONTACT: Lisa Ashley, Director, Media Relations Office: 713-670-2644; Mobile: 832-247-8179 E-mail: [email protected]


NTSB Investigates Boston Logan Airport Near-Miss Between Delta and American Airlines Jets
BHP Shares Fall as Jansen Potash Project Costs Surge
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates
Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns
JPMorgan Sees Strong Strategic Value in Potential AbbVie Acquisition of Apogee Therapeutics
Apollo Debt Solutions Limits Redemptions as Withdrawal Requests Surge
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched
US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation
Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise
Frank Stronach Found Guilty of Sexual Assault and Indecent Assault in Ontario Court
Obayashi to Acquire Multiplex in $526M Expansion Deal
Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular 



