Category: Press Release

NMSDC Recognizes Achievements of Corporations, MBEs and Chicago Council

NMSDC Recognizes Achievements of Corporations, MBEs and Chicago Council

At a black-tie Gala wrapping up its annual Conference and Business Opportunity Exchange, held this year in Detroit, October 23-25, the National Minority Supplier Development Council gave out honors to member corporations and minority business enterprises (MBEs) for their contributions to NMSDC’s goals in advancing business opportunities for minority-owned companies of all sizes. Honored as well were ChicagoMSDC, named Regional Council of the Year.

NMSDC and Capital One Announce Winner of CATAPULT Competition

NMSDC and Capital One Announce Winner of CATAPULT Competition

The National Minority Supplier Development Council (NMSDC) and the supplier diversity team at Capital One today announced the winner of the CATAPULT competition: Ricardo Regalado, CEO and Founder, Rozalado & Co. CATAPULT is a seven-month business development program designed to assist diverse business owners in creating innovative solutions to critical issues within their own organizations. Culmination of the program is a competition to create a digitally-oriented solution to a company-specific business challenge with the winner receiving a grant and additional advanced education and consultation.

NMSDC Receives $350K To Expand Scholarship Program For     Centers Of Excellence

NMSDC Receives $350K To Expand Scholarship Program For Centers Of Excellence

National Minority Supplier Development Council (NMSDC) today announced it has received a $350,000 gift for the organization’s Centers of Excellence (COE) initiatives. The COEs are regional business modules designed to strengthen corporate supplier diversity processes and to help minority businesses compete in a global environment.

NMSDC Programs Help MBEs Achieve Higher Objectives

NMSDC Programs Help MBEs Achieve Higher Objectives

Three programs instituted by the National Minority Supplier Development Council (www.nmsdc.org) are making it possible for owners and management of Minority Business Enterprises (MBEs) to aim for and succeed in growth opportunities. The newest program, Catapult, joins the Minority Business Executive Program (MBEP) and Advanced Management Education Program (AMEP) in providing initiatives for MBE executives.

 


FOR IMMEDIATE RELEASE
PRESS CONTACT: PHIL THURSTON

January 18, 2017
(212) 944-2430 x127
phil.thurston@nmsdc.org

National Minority Supplier Development Council Programs
Help Minority Business Enterprises Achieve Higher Objectives

Application Period is Open Now; Deadline Soon for CATAPULT

Three programs instituted by the National Minority Supplier Development Council (www.nmsdc.org) are making it possible for owners and management of Minority Business Enterprises (MBEs) to aim for and succeed in growth opportunities. The newest program, Catapult, joins the Minority Business Executive Program (MBEP) and Advanced Management Education Program (AMEP) in providing initiatives for MBE executives.

Catapult, an innovative business development initiative offered by Capital One’s Supplier Diversity team in conjunction with NMSDC, is designed to be an intensive seven-month transformational journey that will assist diverse business owners in developing solutions to a critical business challenge – whether it is solving a complex business problem or creating a new product or service – by leveraging learnings from the program. Limited to 10 companies that will be selected through a competitive application process (open now ­– applications due by 12 noon EST on January 27), Catapult offers instructional courses and culminates with a competition, centered on a 15-minute pitch, with the winner receiving a year of business coaching and a cash grant, among other considerations.

The Minority Business Executive Program (MBEP) is a one-week intensive executive education course for NMSDC-certified MBEs offered in partnership with the Foster School of Business at the University of Washington. The course features an interactive curriculum focused on finance and accounting; human resource management; leadership; marketing and brand strategy; relationship marketing and strategic thinking. In today’s business environment, success in these six functional areas will help position minority suppliers for increased procurement opportunities in the domestic and global supply chain. Applications for MBEP are due no later than August 14.

AMEP, the Advanced Management Education Program, is a custom executive education program created by NMSDC in partnership with the Kellogg School of Management at Northwestern University to provide certified, established, expansion-oriented MBEs with the skills and tools needed to achieve and sustain accelerated growth. NMSDC corporate members recommend high-potential MBEs with sales greater than $5 million in manufacturing and $3 million in service firms for participation in the four-day program. Through this interactive curriculum and team-based study MBEs learn growth strategies specifically to build capacity and sustainability for the future. Applications are due no later than June 3.

NMSDC is actively seeking participants for each of these programs! For more information, and to apply, please visit our website by clicking on the appropriate links, above.

#                #                #

NMSDC Recognizes Minority Business Enterprises for Outstanding Achievement

NMSDC Recognizes Minority Business Enterprises for Outstanding Achievement

At its annual Conference and Business Opportunity Exchange, held this year in Chicago, October 23-26, the National Minority Supplier Development Council gave out honors to Minority Business Enterprise (MBE) Suppliers of the Year. Joset Wright-Lacy, NMSDC’s president, congratulated the honorees, saying, “We are pleased and proud to recognize these minority business enterprises for their business growth and development, operational success, support of other minority businesses and active participation in the community.” Awardees were grouped by Region (North, South, West and Central) and by Class – Class 1 for companies with annual sales of less than $1 million; Class 2, annual sales of $1 to $10 million; Class 3, $10 to $50 million in sales, annually; and Class 4, with annual sales greater than $50 million.

National Minority Supplier Development Council Honors Houston MSDC as Council of the Year

National Minority Supplier Development Council Honors Houston MSDC as Council of the Year

In accepting, Ms. Robinson said, “The Houston Minority Supplier Development Council is honored to receive this award. It is truly a cooperative effort between our Board of Directors, Corporate Members and MBEs. They continually help us deliver innovative and high quality programs designed to build capacity and increase business opportunities for our MBEs.”