News Archives - National Minority Supplier Development Council

Category: News

A Quick Note Regarding the Massive Flooding and Hurricanes that Have Devastated Puerto Rico and Florida

Posted on September 29, 2022September 30, 2022 by NMSDC

NMSDC Family and Friends,

I want to extend our strongest support and condolences to the people of Puerto Rico and Florida that have been displaced, hurt, or injured as a result of Hurricane Fiona and Hurricane Ian. I cannot imagine the challenges being faced by the communities affected by these storms.

Millions of families both in Puerto Rico and Florida are without power, water, or shelter. NMSDC stands with the communities, our regional councils, and our MBEs in these regions.

We have been in contact with the Puerto Rico Minority Supplier Development Council and Florida State Minority Supplier Development Council to see how we can help support their recovery efforts. NMSDC is also urging the Federal Emergency Management Agency (FEMA) Administrator to work swiftly to assess damages and provide support and recovery funding.

Please stay safe.

Ying McGuire, CEO and President, NMSDC
Best Regards,
Ying McGuire
CEO and president
NMSDC

NMSDC Launches 50th Anniversary Steering Committee

Posted on September 28, 2022September 29, 2022 by NMSDC

Since our beginnings 50 years ago, NMSDC has had an enormous impact with over $396 billion in annual economic activity driven through certified minority business enterprises (MBEs), 1.75 million U.S. jobs supported directly and indirectly by certified MBEs, and $122 billion in wages earned through MBE-supported jobs annually.

NMSDC and National ACE Sign Historic Partnership Alliance Agreement

Posted on September 20, 2022September 29, 2022 by NMSDC

NMSDC and the National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE) signed a historic partnership alliance agreement during the AAPIStrong “Strength in Diversity” annual conference that aims to advance economic opportunities for minority business enterprises from the Asian American & Pacific Islander (AAPI) community.

Business Consortium Fund Announces New Capital for Minority Business Enterprises

Posted on September 16, 2022September 16, 2022 by NMSDC

NMSDC is excited to announce that the Business Consortium Fund (BCF) has secured additional capital for NMSDC-certified minority business enterprises (MBEs).

The Day Rosa Santana Got Her Big Break

Posted on September 8, 2022September 9, 2022 by NMSDC

Toyota executives realized that helping Santana get started in manufacturing would ultimately benefit them as well. They knew that hiring the right workers in crucial for a manufacturing operation and that Santana was perfectly equipped for the job.

NMSDC Announces 2022 Emerging Young Entrepreneurs

Posted on August 26, 2022August 26, 2022 by NMSDC

NMSDC is excited to announce the seventh consecutive cohort of Emerging Young Entrepreneurs (EYE). EYE is a year-long program uniquely designed to provide the next generation of minority entrepreneurs (ages 19 to 35) with the support needed to enhance their growing businesses.

NMSDC’s Constance Jones Named 2022 Houston Business Journal’s Woman Who Means Business

Posted on August 25, 2022September 21, 2022 by NMSDC

Constance Jones, National Minority Supplier Development Council (NMSDC) senior director of Field Services was recently named one of Houston Business Journal’s 2022 Women Who Mean Business in the arts and nonprofits category.

NMSDC Announces Certification Reimbursement Initiative

Posted on August 19, 2022August 19, 2022 by NMSDC

NMSDC is excited to announce the creation of the Certification Reimbursement Initiative. The program enables NMSDC corporate members to support minority businesses by reimbursing the cost of the NMSDC application fee.

Dr. Sylvia Acosta Joins NMSDC as Senior Vice President and Chief Growth Officer

Posted on August 16, 2022August 16, 2022 by NMSDC

NMSDC is excited to announce that Dr. Sylvia Acosta has joined our executive leadership team as senior vice president and chief growth officer. Acosta comes to NMSDC from YWCA El Paso del Norte, where she served as CEO for the nation’s largest YWCA.

NMSDC Congratulates Donald Cravins Jr. on His Appointment to the MBDA

Posted on August 6, 2022August 30, 2022 by NMSDC

“I am extremely excited for Don’s appointment to the MBDA. His leadership and experience will help the agency take the bold steps needed to create the environment for NMSDC-certified MBEs to reach our goal of $1 trillion in annual revenue generation, said NMSDC CEO and president,” Ying McGuire.