Asian Community Development Corporation Proposal for "Asian Business Resources Center" (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Asian Community Development Corporation Proposal for "Asian Business Resources Center"

Today, there is increasing awareness within the community of the need to diversify Chinatown's economic base. Strategies must be developed to strengthen the business and commercial core of Chinatown, and to expand this core into the neighboring areas such as the Midtown Cultural District and the Financial District. These strategies must also address how Chinatown businesses can become a more integral part of the mainstream economy by providing goods and services to a non - traditional clientele. Chinatown must increase the level of labor market participation of its workforce in good jobs which provide adequate wage and fringe benefits, decent working conditions, stability and opportunities for upward mobility.

The entrepreneurial spirit in the Asian - American community has always been strong, as witness by the growing number of small shops and family owned restaurants which have developed recently in the middle of the Combat Zone, and the rapid rate in which new businesses in Chinatown are started to replace the ones that failed. However, Asian - American entrepreneurs have not been able to get businesses started or expand the businesses beyond the Chinatown boundary for a variety of reason. Many entrepreneurs and potential entrepreneurs are immigrants and refugees who are lacking in English language and American business and management skills. They have insufficient access to capital and are unable to find appropriately designed and priced commercial space. They are also not aware of the business opportunities which are presented by Boston's growing economy.

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