PATRICK ADMINISTRATION SELECTS SMALL BUSINESS PROFESSIONAL TO HEAD THE STATE'S OFFICE OF SMALL BUSINESS AND ENTREPRENEURSHIP
Small Business And Banking Professional André M. Porter Tapped To Lead This Key Agency
"The Office of Small Business and Entrepreneurship is a critical component of the Patrick administration's overall strategy for job growth and economic development," said Secretary O'Connell. "André's expertise in commercial lending and business development is just what is needed to help the thousounds of small businesses grow and create jobs right here in the Commonwealth."
According to the Massachusetts Department of Workforce Development, 178,652 employment establishments with fewer than 500 employees were in the state at the end of March 2007. These establishments employed over 2.5 million people, roughly 85% of the workforce. "Having a state office that can help coordinate the many resources available to help small and micro businesses, and advocate at the policy level is critical if Massachusetts is to continue to maximize its entrepreneurial potential," said O'Connell.
Porter will spend the next several weeks holding small business town meetings around the state to hear directly from owners about their unique issues and how public and private resources can be leveraged to support business growth and retention in the state.
The Executive Office of Housing and Economic Development is one of eight Secretariats that make up the Governors Cabinet. Under the leadership of Secretary Dan O'Connell, the Executive Office of Housing and Economic Development oversees the following undersecretariates: the Departments of Business Development, Housing and Community Development, and Consumer Affairs and Business Regulation.