NMSDC and ISM Partner to Increase MBE Participation in the Supply Chain
ATLANTA — Last month, the National Minority Supplier Development Council (NMSDC) and the Institute for Supply Management (ISM) signed a partnership to increase minority business enterprise (MBE) participation in the U.S. and global supply chain. The joint venture reflects NMSDC’s continued efforts to advance supplier and business diversity and increase the combined revenue of its certified MBEs to $1 trillion by the end of 2030.
Strategic Partnerships
Apply for the Acres: Cultivating Equity in Black Agriculture Program by Dec. 2!
NMSDC is excited to announce that applications for this year’s Acres: Cultivating Equity in Black Agriculture are now open! After two successful cohorts, Acres has solidified its foundation and is poised to reach new heights as we announce the launch of cohort three.
Development
NMSDC and ISM Partner to Increase MBE Participation in the Supply Chain
ATLANTA — Last month, the National Minority Supplier Development Council (NMSDC) and the Institute for Supply Management (ISM) signed a partnership to increase minority business enterprise (MBE) participation in the U.S. and global supply chain....
Strategic Partnerships
Apply for the Acres: Cultivating Equity in Black Agriculture Program by Dec. 2!
NMSDC is excited to announce that applications for this year's Acres: Cultivating Equity in Black Agriculture are now open! After two successful cohorts, Acres has solidified its foundation and is poised to reach new heights...
Development
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NMSDC Statement on Fearless Fund Case Settlement
We remain disappointed that the Fearless Fund’s efforts to increase opportunities for Black women founders were undermined by the case brought forth by the American Alliance on Equal Rights, and the subsequent injunction issued by...
Connection
Barclays and NMSDC Team Up to Host Capital Connections at 2024 Minority Business Economic Forum
Last month, at the 2024 Minority Business Economic Forum in Seattle, Barclays and NMSDC teamed up to host a Capital Connections event aimed at creating stronger pathways for MBEs to raise the funds they need...
Access to Capital
Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
“As the leader of that National Minority Supplier Development Council (NMSDC), an organization working to increase economic opportunity for minority-owned businesses, I applaud the Small Business Administration (SBA) and Administrator Guzman for expanding Small Business...
Advocacy
Business Consortium Fund Announces New Capital for Minority Business Enterprises
NMSDC is excited to announce that the Business Consortium Fund (BCF) has secured additional capital for NMSDC-certified minority business enterprises (MBEs)....
Access to Capital
NMSDC, in Partnership with Wells Fargo, Launches the NMSDC Learning Center to Develop, Train, and Grow MBEs
NMSDC and Wells Fargo collaborate to provide business development guidance and training to minority-owned businesses....
Development
MassMutual and NMSDC team up for First-Ever, Financial Professional Affiliated with MassMutual Certification Grant Initiative
Massachusetts Mutual Life Insurance Company (MassMutual) and the National Minority Supplier Development Council (NMSDC), America’s most influential and successful minority business development organization, are entering into a partnership to certify Black financial advisors affiliated with...
Certification
Advantage Capital and the NMSDC Business Consortium Fund Announce New Private Growth Fund
Advantage Capital and the NMSDC Business Consortium Fund (BCF) announced today the launch of a new fund dedicated to providing access to capital to minority-owned business enterprises (MBEs)....
Access to Capital
NMSDC Business Consortium Fund (BCF) launches It’s First Microloan Program
Micro loans are here for all qualified National Minority Supplier Development Council-certified small businesses. With generous funding from Wells Fargo and other corporations, The Business Consortium Fund is excited to launch its first dedicated micro...
Access to Capital
Press Inquires
If you’re a member of the press and would like more information on any of the news items above, please reach out to us at pressinquiry@nmsdc.org.