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| CRBJ Home > July 2005 | |||||
Nettles a strong advocate for minority businessesBy Henry Sanders Jr.Former secretary of the state Department of Commerce Cory Nettles has become an important advocate for the needs of minority-owned business in Wisconsin. Currently a partner in the Corporate Services and Government Relations group with the law firm of Quarles & Brady LLP, Nettles was Gov. Jim Doyle's main adviser on business and economic development for Wisconsin, managing 450 employees and overseeing an annual budget of $225 million. He also dealt with a variety of issues from negotiating a $500 million venture-capital package to helping develop banking and commercial lending legislation. He was one of the key developers of Doyle's "Grow Wisconsin" economic development plan.
Before joining Doyle's Cabinet, Nettles worked as an attorney at Quarles & Brady, focusing primarily on product liability and commercial litigation. He has experience working with a variety businesses from small technology firms to large, multinational corporations to community churches. Following is a question-and-answer session that examines Nettles' commitment to a prosperous minority business sector in Wisconsin. Q: How can the private sector and government help minority businesses? A: It is the role of government to create an environment in the state such that businesses in general want to start, expand and move to Wisconsin. Where there is a lack of development, it is important for government to provide incentives and technical assistance and remove impediments so that businesses feel that they are able to start, expand or locate in Wisconsin. When dealing specifically with minority businesses, government must identify challenges disproportionately felt by minority businesses and address them. An example of such a challenge is access to financial capital. In response to this particular challenge, the state of Wisconsin began a loan guarantee program that would provide incentives for banks to make loans available to minority businesses in cases where they may not normally have made loans. Overall, it is the responsibility of the state to provide resources to fix the problems and challenges faced by all businesses and specifically by minority businesses. Q: Do you think being a black man as secretary of Commerce helped young blacks believe they could follow in your footsteps? A: First, it is important to note that the appointment to secretary of Commerce was not based on race, but rather on expertise and ability. Having said that, being a black man was a significant in-cidental benefit to the position of secretary of Commerce. This was a nontraditional role for an African-American man and it provided me an opportunity to act as a role model to young minorities. However, it provided me an opportunity to challenge underlying and unspoken beliefs by non-minorities that minorities cannot perform well and should therefore not be in positions of power. It is also important to note that Gov. Doyle's Cabinet is the most diverse in the country. Q: What was your preferred initiative while serving as secretary of Commerce? Did it focus on minority businesses in any way? A: The focus of the Doyle administration led my focus areas. Specifically, we focused on job creation and bringing new businesses to Wisconsin. The administration's goals and my personal goals were aligned because I was and am committed to seeing the Wisconsin economy improve. Minority businesses prosper in part because the Doyle administration is working hard to improve conditions for all businesses, including minority businesses. In addition, resources have been made available to minority businesses, perhaps more resources than have ever been available in the past. Q: Madison is focusing on programming and support for minority businesses. Do you feel this is the case statewide? A: There is no specific program or initiative in the state that was more highly regarded than another. Generally, the administration and I did make an effort to increase resources available to minority businesses. We went about this in a quiet way, working behind the scenes without a lot of hype and fanfare, in an effort to truly make a difference. Some of the more notable initiatives include the Minority Business Development Fund, the Early Planning Grant Program and the Minority Business Certification Program. Q: In your opinion, should Madison market or brand its efforts to the rest of the state in an attempt to "recruit" unsupported minority businesses? What about other areas in the state? A: No, there should not necessarily be area-specific initiatives. There should be a more general, regional focus. It is unproductive and expensive to compete for businesses across county and even city lines. It is really a zero-sum game to trade businesses across county lines; what is most important is bringing new businesses in from out of state and supporting the organic growth of startups and expansions from within the state. Q: What are your thoughts on the strengths of supporting minority businesses in Wisconsin, and why should it be a priority? A: If the state is not supporting everyone, including minorities, then we are leaving talent on the sidelines. When Doyle entered office with a $3.2 billion deficit, it was immediately evident that it would be impossible to cut expenses and tax people to make that up. What we realized was that in order to amend a deficit of that nature, Wisconsin needed to grow the economy. Encouraging minority businesses is not an egalitarian or altruistic goal but an imperative. As the minority population increases in Wisconsin, it is important that they become engaged with the economy. Wisconsin must move all of its residents from being potential liabilities to being assets. Q: In your new position as a partner at Quarles & Brady, how are you continuing to advocate for and support minority businesses? A: This new position offers me a tremendous platform to support minority businesses in the state. The firm is known nationally for its excellence and has many high-caliber lawyers. In my new position, I am able to offer minority businesses the benefits of a corporate law firm and provide them with the support they need to succeed. I can supply them with resources to start and expand their businesses. In addition, I continue to be involved in policy issues, hosting forums and seminars to help minority businesses in their efforts. Q: What role do you see yourself playing in the future of Wisconsin businesses and commerce? A: Gov. Doyle has allowed me to maintain the relationships that I began while I was secretary of Commerce. I am honored to still be involved in the thinking process of the Grow Wisconsin plan. He continues to keep me as a member of the team and really as a member of his extended family. I still completely support Gov. Doyle's focus areas and hope to continue my involvement with his efforts. madison.com ©2009 Capital Newspapers. All rights reserved. |
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