Minority Business Hall of Fame & Museum, Inc.

Minority Business Hall of Fame and Museum
Established in Dallas, TX

NEW YORK, July 8, 2004 —Two prominent minority business advocacy organizations have collaborated to establish the country’s first Minority Business Hall of Fame and Museum in Dallas, Texas. MBHF founders Don McKneely, founder and publisher, Minority Business News USA, John F. Robinson, president and CEO, National Minority Business Council, Inc., and Carol Daugherty Foster, editor, Minority Business News USA, met on May 18 in New York City and officially launched operations of the new not-for-profit entity.

According to the founders, the purpose of the Minority Business Hall of Fame and Museum, Inc.(www.mbhf.org), is to recognize and acknowledge the contributions of individuals and institutions to the development of minority business enterprises, policies and programs in the past as well as the present. They stated that there is a pressing need to record the evolution of minority-owned businesses in America, as well as the work of the architects of policies and programs that made a difference in the growth of the minority business community over the last 50 years.

Fully structured, the Minority Business Hall of Fame and Museum will be governed by a Board of Directors, aided by a Selection Committee and a Board of Advisors. The first Hall of Fame members were inducted at a ceremony on January 13, 2005, in New York City.

Based in Dallas, Texas and New York City, respectively, Minority Business News USA (www.minoritybusinessnews.com) and the National Minority Business Council, Inc. (www.nmbc.org), share over 50 years of minority business development and advocacy experience. For more information on the Minority Business Hall of Fame and Museum, contact Carol Daugherty Foster at (214) 369-3200, or John F. Robinson at (212) 997-4753.