Jews make up about 2.4% of the American population, per some estimates. A new memorandum of understanding ensures that the U.S. Commerce Department will consider entities owned by Jews to be “minority business enterprises.”

“We’re going to be able to benefit from billions of dollars of these programs, contracts, some loans, grants, the hundreds of different programs that every single Jewish business is going to benefit from,” Duvi Honig, founder and CEO of the Orthodox Jewish Chamber of Commerce, told JNS.

“This is something that impacts everyone—every single business in the Jewish world, in all 50 states,” Honig said. “We are officially a partner with the United States Department of Commerce and the government.”

The Orthodox chamber and the Minority Business Development Agency, which is part of the Commerce Department, signed the agreement on Monday in Washington during a ceremony attended by Don Graves, the outgoing deputy commerce secretary, and by Jewish business owners and leaders and politicians.

Graves said that the Orthodox Jewish Chamber of Commerce’s work is “so important,” because “if you have a hope, if you have a dream, if you have an idea and you’re willing to work hard, we should give you the opportunity to turn that into something special.”

https://x.com/OwenGregorian/status/1881311949172220314

https://www.jewishpress.com/news/business-economy/us-government-agrees-to-confer-minority-status-on-jewish-owned-businesses/2025/01/17/

(http://www.autoadmit.com/thread.php?thread_id=5666479&forum_id=2#48568525)