Commerce Department Set to Recognize Jewish Businesses as Minority, With Potentially Historic Repercussions

WASHINGTON (VINnews) — In a possibly historic development poised to reshape the framework of minority business recognition in the United States, the Orthodox Jewish Chamber of Commerce is set to sign a Memorandum of Understanding (MOU) with the U.S. Government and the Department of Commerce. Join our WhatsApp group Subscribe to our Daily Roundup Email This  agreement, scheduled to take place Monday at the Department of Commerce in Washington, D.C., marks a significant victory following years of dedicated advocacy and dialogue. For the first time in history, Jewish businesses will be formally recognized as a minority group, potentially opening up access to a wealth of resources and support through the Minority Business Development Agency (MBDA). This includes eligibility for billions in government programs, grants, contracts, and subsidized financing, all specifically crafted to bolster the growth and competitive edge of minority-owned businesses. Excitement for this occasion is mounting not only within the Jewish business community but also beyond, capturing the attention of major outlets like Newsmax. This historic event is generating buzz well outside Jewish media and business circles. Duvi Honig, founder and CEO of the Orthodox Jewish Chamber of Commerce, reflected on this achievement with gratitude towards the Department of...