press release

Texaco Press Release - The Business Roundtable Hosts First BusinessLINC

Conference to Feature "Best Practices" from Business Partnership Program

The following Press Release was issued by The Business Roundtable.

FOR RELEASE: THURSDAY, OCTOBER 12, 2000

WASHINGTON, D.C., Oct. 12, 2000 - The Business Roundtable (BRT), leader of the BusinessLINC program and member of the National Coalition, today announced that it is hosting the first BusinessLINC National Conference at the Washington Convention Center in Washington, D.C., beginning October 15 and continuing through October 17, 2000.

The Conference will feature presentations that communicate BusinessLINC's objective of fostering business-to-business partnerships in economically distressed urban and rural communities. (The LINC acronym stands for Learning, Investment, Networking and Collaboration.) Additionally, successful examples of large and small business partnerships from around the country will be shared and used as examples of "best practices" in establishing new coalitions and local program efforts.

BusinessLINC National Chairman, Peter I. Bijur, Chairman and CEO of Texaco Inc., will give the National Conference's keynote address. Joining him during the conference will be Secretary of Treasury, Lawrence Summers, Administrator of the Small Business Administration, Aida Alvarez and the Honorable Eleanor Holmes Norton, Delegate to the US House of Representatives. "This Conference will serve as a forum for discussing the benefits that can be achieved from strategic alliances between large and small companies. Large companies can provide business mentoring and significant partnership opportunities to small companies that have not been able to successfully expand their market reach," said Bijur. "It is our hope that local coalitions will learn from these shared experiences and apply this knowledge to expand business-to-business partnerships in their communities."

BusinessLINC was created in August 1999 when The Business Roundtable collaborated with the U.S. Department of Treasury and the Small Business Administration. BusinessLINC operates on both the national and local level. The National Coalition is based in Washington, D.C. and serves as a resource and advisory committee for local BusinessLINC coalitions. Local coalitions are currently operating in New York City, Dallas, Chicago, Boston, the Mississippi River Delta Region, Washington, D.C., Houston, and San Francisco.

Updated: October 2000