Bruce P. Mehlman
The Internet Innovation Alliance is a broad-based coalition of business and non-profit organizations that aim to ensure every American, regardless of race, income or geography, has access to the critical tool that is broadband Internet. The IIA seeks to promote public policies that support equal opportunity for universal broadband availability and adoption so that everyone, everywhere can seize the benefits of the Internet - from education to health care, employment to community building, civic engagement and beyond.
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Since the start of the recession in December 2007, the rate of new business creation has dropped by 23 percent, and this has resulted in 1.8 million fewer jobs.
In addition to this decline in new business development since the recession, the below-parity performance by African American-owned businesses presents a significant lost opportunity for job creation. Had minority businesses reached parity with other businesses, the economy would have created $2.5 trillion in additional economic activity and 16.1 million additional jobs.