June 2021 ISSUE
"..and since all this loveliness can not be Heaven, I know in my heart it is June.'-Abba Woolson
Greetings NACOC Families,

Welcome to the month of June!
June is named after the Roman goddess Juno. She is the goddess of marriage and wife of Jupiter.
June has both the longest and the shortest days of the year depending on where you are located. If you live in the northern hemisphere, then June 21st the longest day of the year. If you live in the southern hemisphere, then the 21st is the shortest day of the year.
Anne Frank, Jean-Paul-Sartre, Marilyn Monroe, George Orwell share June birthday.

Story of the month
NACOC to NIC: $20,000 plus Prayers

DFW welcomed Dr. Mahavir Pun, a social entrepreneur, a teacher, visionary, and a recipient of several prestigious awards, including Magsaysay. It was in recognition of his innovative application of wireless computer technology in Nepal, connecting his village to the global village.
NACOC extended Dr. Pun a cheque of $20,000 along with 5 ventilators, that are worth $40,000 supporting National Invention Center's initiative against COVID-19. A MoU was also signed between the chamber and the invention center on the same occasion.
NACOC expresses gratitude towards Dr. Santosh Sapkota along with donors and helping hands for making this act of humanity possible.

“We make a living by what we get. We make a life by what we give.” -Winston S. Churchill

Let this month change your attitude to Gratitude!

Nepalese American Chamber of Commerce
The Nepalese American Chamber of Commerce is an independent, not-for-profit US Corporation devoted to create, protect, promote and enhance economic opportunities & prosperity to Nepalese Business community in the USA.
It was established in 2014 to advance and promote the economic environment for business, and to advocate responsive government and quality education, while preserving unique characteristics of Nepalese-American communities.

“Your time is limited, so don’t waste it living someone else’s life.”
― Steve Jobs
Happy Birthday June!
Pearl is your birthstone. Your flowers are Roses & Honeysuckle.
Budget + Environment
Interesting Update

Who Is the Richest Person Ever?

Some people are unfathomably rich. According to Forbes, as of April 8, 2021, Amazon's Jeff Bezos is the wealthiest man alive, with $177 billion to his name.1 That's more than the combined gross domestic product of Myanmar, Laos, and Cambodia, which have around 76 million people between them.
Surely in our modern world, where technology enables the creation and consolidation of truly incomprehensible wealth, we are living among the richest individuals in history. Turns out, we are not. The world's wealthiest individuals lived in earlier times, in eras in which pure wealth was harder to measure.

  • Jeff Bezos and Elon are among the richest people in the world currently, but in terms of the wealthiest people of all time, they don't make the cut.
  • In history, there are wealthier people than the modern billionaires, particularly when you consider those whose wealth and spending could impact the overall health of the economy during the times in which they lived.
  • Mansa Musa, the 14th-century emperor of the Malian Empire, spent so extensively that it caused hyperinflation in Cairo and Medina
  • Emperor Atahualpa was so wealthy that gold and silver released into Europe following his death caused high inflation and an economic slowdown.

Amazon's Jeff Bezos, Tesla's Elon Musk, and LVMH's Bernard Arnault are the modern world's wealthiest people.
State Trade Expansion Program (STEP)
STEP provides financial awards to state and territory governments to assist small businesses with export development.

Information for small businesses
The STEP grant program has helped thousands of small businesses obtain grants and find customers in the international marketplace since 2011. Through awards to U.S. states and territories, STEP helps small businesses overcome obstacles to exporting by providing grants to cover costs associated with entering and expanding into international markets. 

STEP financial support helps U.S. small businesses:
  • Learn to export
  • Participate in foreign trade missions
  • Design international marketing products and campaigns
  • Support website globalization and e-commerce capabilities
  • Pay for subscriptions to services provided by the U.S. Department of Commerce and other federal agencies
  • Participate in export trade show exhibits and training workshops
There are various COVID-19 relief options. Check SBA for these options:

Our Sponsors
Nepalese American Chamber of Commerce
2016 W. Grauwyler Rd, Irving, TX, 75061
Phone: (972)-399-9605
NewsLetter Editor: Shilu.G.N