December 16, 1998


Our economy today is now stronger that it has been in a generation. As a result, businesses all across our nation are being presented with new opportunities to invest in some of the fastest growing markets in our country.

Vice President Al Gore
December 16, 1998

Today at the White House, Vice President Al Gore meets with Treasury Secretary Robert Rubin, Small Business Administration Administrator Aida Alvarez and CEO's from leading American corporations and small businesses. The Vice President will announce a new partnership between the federal government and America's business community to encourage large businesses to work with small business owners and entrepreneurs, especially in America's cities and in economically distressed areas.

Building Partnerships Between The Private And Public Sectors. At today's meeting, the Vice President will announce the formation of BusinessLINC (Learning, Information, Networking, and Collaboration), a cooperative effort between the public sector, large business, and small business and entrepreneurs, to encourage investment and partnerships between large and small business. The Vice President will announce a series of new initiatives to support BusinessLINC:

The Clinton/Gore Administration Is Committed to Building Strong Business Partnerships. Today's meeting is the second in a series of White House Business and Entrepreneurial Roundtables that the Vice President has held on different aspects of the role the private sector can play in cities and distressed communities. At the first meeting, the Vice President announced several new private sector commitments to invest in low-income communities, and he directed Secretary Rubin and Administrator Alvarez to conduct a series of regional meetings on BusinessLINC and report back to him at the meeting being held today. These efforts are part of the Vice President's work as chair of the President's Community Empowerment Board, that oversees the Administration's Community Empowerment Agenda, which includes a series of initiatives to provide greater opportunity in, and expand the competitiveness of, our distressed urban and rural areas.

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