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PREVIEW – 2021 PPP and Stimulus Bill Town Hall

NMSDC: Understand What The Paycheck Protection Program Means for You

NMSDC and USCC Presents:
The 2021 PPP and Stimulus Bill Town Hall

NEW PAYCHECK PROTECTION PROGRAM
Understand What the Paycheck Protection Program Means for You

January 6, 2021
2:30 — 4:00 PM (EST)

Live Webcast & Live Stream on YouTube
#MinorityBusinessMatters


Don’t miss NMSDC and the US Chamber of Commerce (USCC) joint forum that will include a fireside chat with USCC experts on the new stimulus bill, Coronavirus Response and the Relief Supplemental Appropriations Act. Additionally, there will be a panel discussion with bankers and other financial institutions, familiar with the PPP application process, designed to share information and answer questions to assist MBEs with securing a PPP loan.

This forum will provide insights that will:

  • Allow small businesses to take a 1st or 2nd PPP loan;
  • Simplifies PPP loan forgiveness application for loans $150,000 or less;
  • Permits tax deduction of PPP loan expenses;
  • Eliminates payback of the EIDL grant;
  • Extends the COVID-19 paid leave tax credit; and
  • Provides provisions for service industry companies and under-represented entrepreneurs.

The 90-minute forum is slated for January 6th at 2:30 p.m. EST. Don’t allow your questions to go unanswered; we want to hear from you.

Watch the Un-edited Replay

Adrienne Trimble, President and CEO, National Minority Supplier Development Council, Inc.
Adrienne Trimble
Host
Former President and CEO
National Minority Supplier Development Council, Inc.

Adrienne Trimble is the former President and CEO of the National Minority Supplier Development Council (NMSDC). She is a known thought leader for advancing corporate Diversity, Equity and Inclusion initiatives. Prior to her role with NMSDC, Ms. Trimble was General Manager, Diversity & Inclusion at Toyota Motor North America, responsible for leading and executing diversity & inclusion strategies across Toyota’s North American operations.

Read Adrienne’s full bio here.

Rick Wade, Senior Vice President, Strategic Alliances and Outreach, U.S. Chamber of Commerce
Rick Wade
Host

Senior Vice President, Strategic Alliances and Outreach
U.S. Chamber of Commerce

Rick C. Wade is senior vice president of Strategic Alliances and Outreach at the U.S. Chamber of Commerce. Wade develops and implements programs and initiatives to help the Chamber create new business relationships and partnerships across diverse audiences.

Read Rick’s full bio here.

Carlton O'Neal, Managing Partner LightSpeedEDU, Inc.
Carlton L. Oneal
Moderator

President
LightSpeedEdu, Inc.
and National MBE Input
Committee, Chair

Carlton L. Oneal is one of the managing partners of Light Speed, a privately owned eLearning and communications firm. Light Speed specializes in eLearning, multimedia video development and motion graphics.

Read Carlton’s full bio here.

Neil Bradley, Executive Vice President and Chief Policy Officer, US Chamber of Commerce
Neil Bradley
Panelist

Executive Vice President and Chief Policy Officer
US Chamber of Commerce

Neil Bradley, executive vice president and chief policy officer at the U.S. Chamber of Commerce, has spent two decades working directly with congressional committee chairpersons and other high-ranking policymakers to achieve solutions.

Read Neil’s full bio here.

Henry Childs II, Special Advisor to the NMSDC President
Henry Childs II
Panelist
Special Advisor to the NMSDC President

Mr. Henry Childs II was appointed as the National Director of the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) on September 4, 2018. Director Childs is the 17th National Director of the agency. In his role, Director Childs has been laser-focused on getting minority-owned businesses to size and scale.

Read Henry’s full bio here.

Chris Hollins, Managing Director, GM Cash Management, Chase Business Banking, JP Morgan Chase & Co.
Chris Hollins
Panelist

Managing Director, GM Cash Management, Chase Business Banking
JP Morgan Chase & Co.

Christopher Hollins is the GM of Cash Management for Chase Business Banking. He is responsible for ensuring Chase implements the optimal treasury products, marketing, sales and service strategies to deepen relationships with small business owners.

Read Chris’ full bio here.

Dominik Mjartan
Dominik Mjartan
Panelist

President and CEO
Optus Bank

Dominik Mjartan is President and CEO of Optus Bank, a U.S. Treasury certified CDFI and an MDI (FDIC designated Minority Depository Institution). He spent more than a decade as a senior executive officer at a community development bank, Southern Bancorp, most recently as the Executive Vice President of Southern Bancorp, Inc. (SBI), a holding company for Southern Bancorp Bank and CEO of an affiliated lending company Southern Bancorp Community Partners (SBCP).

Read Dominik‘s full bio here.

Cara Wallace
Carra Wallace
Panelist
President
MBE Capital

Carra Wallace is the president of MBE Capital Partners (MBECP), which was established with the strategic objective of developing straight forward financing products for small to midsize Minority and Women-Owned Businesses (MWBEs) over 21 years ago.

Read Carra’s full bio here.


#MinorityBusinessMatters

PREVIEW – Adrienne Trimble

Adrienne Trimble, President and CEO, The National Minority Supplier Development Council, Inc.Adrienne Trimble
Former President and CEO
National Minority Supplier Development Council, Inc.

Adrienne Trimble is the former President and CEO of the National Minority Supplier Development Council (NMSDC). She is a known thought leader for advancing corporate Diversity, Equity and Inclusion initiatives. Prior to her role with NMSDC, Ms. Trimble was General Manager, Diversity & Inclusion at Toyota Motor North America, responsible for leading and executing diversity & inclusion strategies across Toyota’s North American operations.

In her role at Toyota, Ms. Trimble worked closely with the company’s senior leadership team in developing advocacy and accountability measures to integrate DEI processes across the organization’s business operations. She also worked closely with the company’s External Diversity Advisory Board, chaired by the Honorable Alexis Herman, former United States Secretary of Labor. She led the company’s rise on the DiversityInc Top 50 list from #42 to #25 in two short years. She also firmly solidified the company’s recognition by third party advocacy organizations such as Black Enterprise Best Companies for Diversity, Hispanic Association on Corporate Responsibility, and The United Hispanic Chamber of Commerce.

Adrienne Trimble’s appointment marks a unique, significant milestone in NMSDC’s long and close relationship with Toyota. Ms. Trimble led Toyota’s Supplier Diversity initiative from 2005 – 2012. In this role, she grew the company’s diverse supplier base to reflect more than a 300 percent increase in total spend, topping nearly $3B in spend with diverse suppliers. Toyota received numerous accolades under Ms. Trimble’s direction, including Corporation of the Year by the National Minority Supplier Development Council (NMSDC) as well as Corporation of the Year honors from the organization’s affiliates in Arkansas, Michigan, South Central Ohio, Southwest Texas and Tri-State KY/IN/WV. She was named Advocate of the Year by the Southwest Minority Supplier Development Council. In recognition of her efforts to advance economic development for diverse suppliers, Rev. Jesse Jackson, Founder and CEO of Rainbow PUSH, presented Ms. Trimble with their Corporate Leader Award and Women in Leadership Award.

A graduate of Wilberforce University, Ms. Trimble earned her Bachelors of Science degree in Organization Management. She was appointed to the Board of Trustees for her alma mater in 2014. Other board and committee leadership positions have included NMSDC and several of its regional Councils, as well as Executive Committee roles for the Billion Dollar Roundtable.

Ms. Trimble has previous Human Resources leadership experience in financial services, healthcare and media industries. She resides in McKinney, Texas with her husband Jamiel.

Marketing and Communications Content Coordinator

Interested candidates should submit their resumes to jobs@nmsdc.org​

The National Minority Supplier Development Council advances business opportunities for certified minority business enterprises and connects them to corporate members. To achieve our mission, we will work through the NMSDC Network to support and facilitate MBE integration into corporate and public-sector supply chains; build MBE capacity and capabilities through our programs and other education offerings; and facilitate MBE-to-MBE partnerships to meet the needs of our corporate members. The National Minority Supplier Development Council Inc. ® (NMSDC®) is one of the country’s leading corporate membership organizations. Whether you’re a small minority-owned organization or a billion-dollar powerhouse, we’re committed to helping you solve the growing need for supplier diversity.

Job Location: New York
Employment Status: Full-Time

Purpose:
This is an administrative role that supports the Marketing & Communications department in executing and monitoring communications strategies. This role involves creating public relations and marketing materials such as press releases, blog posts, and newsletters. This role involves tracking and reporting analytics on marketing and communications campaigns and coordinating promotional events. This role requires strong writing and editing skills, a high level of creativity and the ability to think analytically. This is a hands-on position and will require assisting and supporting other departments.

Job Responsibilities:

  • Write a variety of different content to support communications and marketing efforts, including newsletters, website copy, and brochures and press releases
  • Required to assist with President’s presentations and communications
  • Responsible for sending email blast communications
  • Assist communications team in developing and implementing a communications strategy designed to further company objectives
  • Monitor analytics and create reports detailing the successes and failures of communications campaigns and strategies
  • Stay up to date on industry trends and make recommendations for adjustments to communications strategies and practices
  • Respond to media inquiries and maintain relationships with journalists and other members of the press
  • Plan press conferences and other promotional events to help keep the organization top of mind
  • Coordinate volunteers, support staff, vendors and more to support promotional events
  • Perform outreach to press outlets, magazines, influencers and build strategic partnerships to grow brand notoriety
  • Deliver on multiple deadlines, prioritize effectively and comfortable in a fast-paced environment
  • Cultivate and extend strategic alliances with sponsors, speakers and media
  • Other duties as needed

Qualifications:

  • 5 years experience in a communications or marketing
  • Superior time management and organizational skills and ability to meet deadlines • An analytical mind and ability to think critically
  • Exceptional writing and interpersonal communication skills
  • Ability to work both independently and as part of a team
  • Familiar with MS Word, Excel and Powerpoint and capable of creating visually compelling presentations
  • Knowledge of email marketing software such as Constant Contact or a similar program
  • Proven knowledge of communications and marketing ethics and best practices
  • Familiarity with content management systems (CMS) and customer relationship management (CRM) tools
  • Bachelor’s degree in marketing, communications, or related field is required
  • Demonstrated experience strategic marketing and communications, media relations, and marketing program to advance an organization’s mission and goals
  • A minimum of 5 years’ experience in planning, writing, editing, and production of newsletters, press releases, annual reports, marketing literature, and other print publications and directories
  • A minimum of 5 years’ experience in social media strategies
  • Excellent judgement and creative problem-solving skills
  • Exceptional written, oral, interpersonal and presentation skills
  • Experienced in speech writing, general business writing and writing for both media and broadcast
  • Working experience with creative graphic design, event branding, event production and oversight of ROS
  • Proficient in Microsoft Office 365 Suite (Word, Excel, Publisher, Photoshop, PowerPoint)
  • Proficient/Competent in WordPress (webpage development), HTML, CSS and Adobe Illustrator and InDesign or similar programs
  •  Proficient in the following social media platforms: Facebook, Twitter, Instagram, LinkedIn, and Pinterest
  • Advanced knowledge in email marketing tools, content management systems and Google Analytics

Essential Functions:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies:

  1. Personal Effectiveness
  2. Collaboration
  3. Effective Communication
  4. Flexibility/Agility
  5. Dealing with Ambiguity
  6. Project Management
  7. Customer Focus
  8. Result Orientation
  9. Peer Relationships
NMSDC 2021 – Message from the President

NMSDC 2021 – Message from the President

Hello and Happy New Year!

NMSDC is excited and ready to embark on a successful 2021 journey. We have strategically outlined our OKRs (Objectives and Key Results) to focus on the NMSDC four pillars: Certify. Develop. Connect. Advocate.

We are working diligently to transform our technology, process improvements and operational excellence. Our corporate members and MBEs remain our top priority – as we deliver content to help them rebuild their businesses during the pandemic.

NMSDC is excited about our 2021 Schedule of Events. We continue to work with our 23 affiliate councils to form strategic partnerships, deliver valuable content, workshops, virtual/hybrid events, and town halls.

We welcome our newly appointed Board Chair, Jose Turkienicz, of UPS, our new Secretary, Gabriel Castro, of TXU, and other new board members that are eager to work with NMSDC as we focus on our mission, to advance business opportunities for certified minority business enterprises and connect them to corporate members.

Looking forward to a great year, filled with possibilities and opportunities!

Tony Abate

Tony AbateAnthony (Tony) Abate
Vice President and Chief Procurement Officer

Cigna

Tony Abate is a nationally known and respected procurement executive in the Insurance and Financial Services industry with a track record of leading large organizational transformations to radically reduce the cost of operations across Fortune 100 companies. He has been able to combine his deep financial background and experience with his career in the Procurement discipline to create business partnerships that drive value across very complex enterprises.

Tony currently serves as the Vice President and Chief Procurement Officer of Cigna, a global health services company dedicated to helping people improve their health, well-being and sense of security. Since joining Cigna in 2010, Tony has lead Supply Chain Management’s journey to becoming a world-class procurement and supplier relationship management organization by building three key functions:

· Strategic Sourcing, responsible for category management and contract negotiations

· External Entity Management, responsible for managing Cigna’s strategic supplier relationships

· Global Center of Excellence, responsible for developing and maintaining supplier best practices, including risk management and analytics, as well as procurement technologies for Cigna’s global supply chain

Under Tony’s leadership, Supply Chain Management manages Cigna’s approximately 6,000 suppliers and $3 billion in annual spend across 31 countries.

Tony began his career at General Electric (GE), graduating from their Financial Management Program, and went on to hold various finance and procurement leadership roles within the services industry.

As a Vice President at Fidelity Investments, Tony drove cost out of the supply chain and managed supplier performance by implementing electronic sourcing processes and a playbook of supplier management best practices which contributed to reducing Fidelity’s key supplier risk in the 401K business by 90% over a 12-month period. As the Corporate Director of Global Sourcing at American International Group (AIG), Tony implemented global planning and budgeting processes and reduced operational costs by $36 million in one year.

Before that, Tony held the positions of Controller, Director and Vice President at Travelers, United Health Group and The Hartford, where he was responsible for managing various finance operations and IT procurement functions.

Tony maintains affiliations with procurement industry associations including Procurement Leaders.
The Covid-19 pandemic continues to disrupt the supply chain and has caused particular devastation within the minority business community. This session takes a deep dive into how minority businesses have been impacted and explore what leaders can do to help stabilize operations for diverse suppliers.

Sidd Ahmed

Sidd Ahmed, Founder and CEO VDart GroupSidd Ahmed is the Founder and CEO of VDart Group, one of the leading digital talent management, solution and product companies found in the industry globally. VDart was born months after the recession during a time when companies were closing, and its success was the result of sheer effort and motivation from its captain, Sidd. He claims that it’s because the mindset has always been to “create opportunities for the success of others,” the company is standing where it is today.

Sidd’s vision has always been to build a leading enterprise that would “touch the lives of people, to create success, wealth and quality of life.” He was able to orchestrate this goal successfully by navigating a workforce of more than 2550+ people located in 7 different countries, and at the same time increasing those figures year on year. His vision is also the force that drives VDart’s CSR program which helped change the lives of children in need, the disabled, and the hundreds of people were victims of natural disasters.

It is a remarkable feat considering that prior to VDart’s success, Sidd had never worked in any large organization nor had he come from a corporate background. However, despite lacking those experiences Sidd has maintained exponential growth in the IT talent management industry and is now embarking on the digital frontier of technology, Industry 4.0.

Today among many other accolades VDart holds wins such as Inc. 5000 – 8 times fastest-growing firms in the US, NMSDC National MBE of the Year 2019, Supplier of the Year Class IV by NMSDC, MBE Advocate of the Year by GMSDC to name just a few. Along with those victories, Sidd also received Government’s Small Business Administration for Entrepreneurial Success 2018, Small Business Person of the Year – 2017 and the coveted Entrepreneur of the Year Regional Award for 2017 and Eagle Award for 2017 & 2018.

Sidd has participated in several different leadership mentoring programs from outstanding corporations such as Accenture and Delta Airlines because he believes that being a leader should not be viewed as a license to increase the volume of rhetoric, but instead a leader is a prime opportunity to realize the value of everything that can be gleaned from the minds of others.

Along with VDart, Sidd is also the CEO of VDart Digital, Vouch, and VDart BPM. While VDart has oces in the USA, Canada, UK & India and is ranked Inc 500 with revenue over $180 million. His leadership in the world of digital transformation has now expanded VDart into new countries such as Japan, Australia, and Belgium. He is also a member of the Board of Directors for the Georgia Education Foundation which supports GMSDC Academy an active alumni advocate of the Georgia Mentor Protégé Connection, Vice-Chair to the Stang Industry Group in MBEIC (Minority Business Enterprise Input Committee), Alumni Advocate at the Georgia Mentor Protégé Alumni Association. Sidd contributes to the foundation’s goal of scaling new heights of excellence

WELLS FARGO, NMSDC ANNOUNCE ‘MINORITY BUSINESS LEADERSHIP ACADEMY’S COLLABORATION TO EXPAND CAPABILITIES OF MINORITY SUPPLY EXECUTIVES

In 2019, Wells Fargo and the National Minority Supplier Development Council (NMSDC) will collaborate in three “Minority Business Leadership Academies,” to train minority suppliers on how to expand their capabilities. These Minority Business Leadership Academies will be hosted in Washington, D.C. by the Capitol Region MSDC, Los Angeles by the Southern California MSDC, and Houston by the Houston MSDC.

“Wells Fargo is committed to supplier diversity and developing diverse suppliers across the country. In 2018, Wells Fargo spent $1.36 billion with diverse suppliers. We’ve invested in nine capacity building programs across the country, which will help more than 500 diverse suppliers in the upcoming year,” said Regina Heyward, head of Supplier Diversity for Wells Fargo.

“NMSDC is able to extend its support of minority supplier development through innovative partnerships with our corporate members,” said NMSDC President and CEO Adrienne Trimble. “Minority-owned businesses nationwide employ 6.3 million people and generate annual revenue of more than $1.6 trillion. Wells Fargo consistently demonstrates its strong commitment to our supplier diversity programs that serve NMSDC-certified minority-owned businesses.”

The goals of the Minority Business Leadership Academy are to build the value proposition for each minority business owner; to enhance best practices in business development, organizational capabilities and scalability; to foster greater readiness to meet industry needs; and to increase competitiveness when seeking contracts and opportunities in the global marketplace.

Beginning in the first quarter of 2019, Wells Fargo Supplier Diversity will sponsor three Minority Business Leadership Academies in collaboration with NMSDC. Through a grant from the Wells Fargo Foundation, NMSDC will administer the Minority Business Leadership Academy program and be responsible for selecting three grantees from its regional Minority Supplier Development Councils to run each year-long academy. NMSDC will ensure this program is fully vetted with developed plans of action for each of the funded Minority Business Leadership Academies.

In 2016, Wells Fargo in collaboration with NMSDC’s regional Supplier Diversity Development Councils, piloted the Minority Business Leadership Academy project to help grow certified MBEs. In 2017, more than 80 minority business CEOs graduated from five Minority Business Leadership Academies.

The Minority Business Leadership Academy is a one-year commitment, in one of three regional classes, comprised of 15-20 qualifying applicants. At the end of the 12-month training process, each participant will deliver an end-of-year report that tracks growth and success of the program.

In the Minority Business Leadership Academy’s business development training, attendees will have:

  • Quarterly sessions (half-day in-person training sessions)
  • Bi-monthly group sessions
  • Corporate mentoring
  • 1:1 executive coaching
  • Peer-to-peer mentoring
  • A suite of program action items and timelines (i.e., documented milestones and accomplishments)
  • Tools and resources
  • The opportunity to obtain NMSDC certification

To qualify for consideration, MBEs must represent a mid- to large-size business (with at least $3 million in annual revenues). They must have a track record of high performance, offering quality products and services at market-competitive pricing. Each applicant’s business plan will be considered, to confirm financial solvency and positioning for growth. Preference will be given to current Wells Fargo suppliers and NMSDC-certified MBEs.

 

About NMSDC

The NMSDC advances business opportunities for certified minority business enterprises (MBEs) and connects them to corporate members. One of the country’s leading corporate membership organizations, NMSDC was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. The NMSDC network includes a National Office in New York and 23 affiliate regional councils across the country. The network also includes five international partner organizations located in the United Kingdom, Canada, Australia, China and South Africa.

To meet the growing need for supplier diversity, NMSDC matches its more than 12,000 certified minority-owned businesses to our network of more than 1,750 corporate members who wish to purchase their products, services and solutions. NMSDC, a unique and specialized player in the field of minority business enterprise, is proud of its unwavering commitment to advance Asian, Black, Hispanic and Native American suppliers in a globalized corporate supply chain. For more information, visit www.NMSDC.org.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Adrienne Trimble FAQ

  1. Tell us more about our new president. With a proven HR background, she is equipped to build and lead our efforts with a strong and effective national staff. As a former corporate Supplier Diversity leader, she understands the corporate drivers for our organization and will bring invaluable insight to help MBEs grow.
  2. When will she assume office? August 1, 2018.
  3. What is Toyota’s role? We appreciate Toyota’s support of NMSDC. Other than their regular work as an NMSDC corporate member, Toyota will not be involved in council business.
  4. Will our new president be based in our New York office? Yes.
  5. Who was involved in the selection process? The Executive Committee and a Search Committee that worked with a certified WBE search firm.
  6. Will the new President be allowed to make decisions (e.g., hiring, programming, etc.)? The new president will assume all roles and responsibilities of president.  She is not in an interim capacity.  She will drive all aspects of the organization, including but not limited to, revamping processes, designing new programming, overseeing all operational functions, selecting and leading a strong national staff, and working with the board and affiliates to create and implement strategy.
  7. What is the board doing to foster an inclusive culture? Our board is committed to NMSDC’s success; as such, we are revamping our governance process to ensure we are representative of various constituents, and actively encouraging new, diverse perspectives to fulfill our mission.
  8. Why wasn’t our interim president selected as a permanent one? Louis Green is an MBE who assumed this role on an interim basis. We are grateful to Louis, his family and employees for their flexibility and help in adding stability to the organization during this time.
  9. Is there a transition period with Louis Green? Louis remains on board to assist Adrienne through October.
  10. Is there a strategy at NMSDC? We continue to strategically approach our goals of serving our corporate members, developing and driving growth for MBEs and effectively communicating our brand and value, while expanding our overall reach and impact. Adrienne will work with our Strategic Planning Committee to finalize the strategy that has been created by a cross-functional group of network leaders.
  11. How can corporate members and MBEs contribute to the success of the organization? First, thank you for your support of this great organization. We ask that you continue to work with our affiliate and national staffs to share your input and drive programming that creates more opportunities to grow and develop MBEs.

 

If you are asked questions that are not listed, we ask that you email Vice-Chair Sid Johnson at sidney.johnson@aptiv.com who can assist in providing a response.

History of Supplier Diversity for Minority Business Development