Noteworthy items on certified MBEs, national corporate members of NMSDC, minority business opportunities and more.
NMSDC Congratulates Donald Cravins Jr. on His Appointment to the MBDA
The National Minority Supplier Development Council (NMSDC) congratulates Donald Cravins, Jr. on his U.S. Senate-confirmed appointment as undersecretary of commerce for the Minority Business Development Agency (MBDA) of the U.S. [...]
Biden-Harris Administration Awards Record-Breaking $154.2 Billion in Contracting to Small Businesses
FOR IMMEDIATE RELEASE June 29, 2022 Contact NMSDC: Jered Weber Communications and Engagement Manager email@example.com Highlights: One Million Small Business Jobs Created, Small Disadvantaged Business Goal Achieved a Year Ahead [...]
The National Minority Supplier Development Council is pleased by the recent Senate passage of The Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. We applaud the bipartisan efforts by the Senate to pass the CHIPS Act and to address long standing concerns related to US manufacturing capacity and supply chain disruptions.
NMSDC Welcomes Kurtis Trevan as Vice President of Minority Business Enterprise (MBE) Growth, Entrepreneur-in-Residence
NMSDC is excited to announce that Kurtis Trevan has joined NMSDC as a consultant to fill the role of vice president of MBE growth, entrepreneur-in-residence. Trevan comes to NMSDC from Gun Lake Investments (GLI), a leading tribally-owned private capital investment firm where he was CEO and co-founder.
Looking Back and Moving Forward – Ying McGuire’s One-Year Reflection
Today marks my one-year anniversary as the CEO and president of NMSDC. Frankly, it has been one of the hardest roles I’ve ever had. And yet, it is also the most fulfilling one. There has been a lot of listening, learning, strategizing, brainstorming, recruiting, coaching, communicating, collaborating, negotiating, multi-tasking, and problem solving.
NMSDC Partners with Industry Workforce Solutions to Enable Cyber Readiness Training for Minority Business Enterprises
FOR IMMEDIATE RELEASE July 6, 2022 Contact Industry Workforce Solutions (IWS): Erika Rose firstname.lastname@example.org Contact NMSDC: Jered Weber Communications and Engagement Manager email@example.com NEW YORK – The National Minority Supplier [...]
2022 Mid-Year Update from NMSDC CEO and President Ying McGuire
As part of my continued efforts to foster open and transparent communication throughout the NMSDC community, I wanted to give you all a mid-year update on our organization’s progress on our strategic goals and where we are headed next.
NMSDC Partners with OMD Growth Academy to Provide Free Marketing Education for Minority Businesses
NMSDC and OMD are proud to announce the creation of the OMD Growth Academy. This new effort affirms commitment to social and racial equity by providing Minority Business Enterprises (MBEs) valuable marketing knowledge, resources, and insights needed for continued growth.
NMSDC Sends Letter of Support for Donald R. Cravins, Jr. Nomination for Under Secretary of Commerce for MBDA
NMSDC is thrilled regarding the news of Mr. Donald R. Cravins, Jr. nomination to fill the newly established position of the Under Secretary of Commerce for Minority Business Development (MBDA) of the Department of Commerce.
FOR IMMEDIATE RELEASE May 12, 2022 Press Contact: Stefan Bradham Vice President, Marketing and Communications firstname.lastname@example.org NMSDC introduced its newest awards program, The Equity Honors, as part of its inaugural [...]
NMSDC Releases its 2021 Minority Business Economic Impact Report
FOR IMMEDIATE RELEASE May 3, 2022 Press Contact: Stefan Bradham Vice President, Marketing and Communications email@example.com New York, NY—The National Minority Supplier Development Council (NMSDC) releases its 2021 Minority Business [...]
NMSDC Relocates Headquarters and Reinvests in MBE Growth
This move allows NMSDC the flexibility and efficiency to downscale our onsite footprint but maintain access to a full suite of services when we need them, including conference rooms, mail delivery, call answering, coworking space, and much more.
NMSDC Introduces The Equity Honors at the Minority Business Economic Forum
FOR IMMEDIATE RELEASE April 20, 2022 Press Contact: Stefan Bradham Vice President, Marketing and Communications firstname.lastname@example.org NMSDC Introduces The Equity Honors at the Minority Business Economic Forum New York, NY—The [...]
NMSDC Announces its Inaugural Minority Business Economic Forum
“This leading event will tap the top leaders of corporate America, the Administration, and leading thought leaders in academia to re-calibrate the MBE narrative to be an integral part of the American economy and serve as a catalyst towards achieving $1 trillion in MBE annual revenue generation (4.3% of US GDP) to support MBE growth.” – Ying McGuire, CEO and President of NMSDC
NMSDC Commends the U.S. Small Business Administration’s Rule Modifications to Small Business Size Standards
FOR IMMEDIATE RELEASE April 15, 2022 Press Contact: Stefan Bradham Vice President, Marketing and Communications email@example.com NMSDC commends the recent U.S. Small Business Administration’s (SBA) final four rules to modify [...]
NMSDC Announces “Power to Impact: Real Talks” Community Outreach Event Ahead of its Inaugural Minority Business Economic Forum
NMSDC and Bristol Myers Squibb have partnered to create the Power to Impact in historically underserved communities with the mission and vision to assist the youth to find their purpose in the world through entrepreneurship and philanthropy.
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 MassMutual as minority business enterprises (MBEs).
NMSDC’s 2022 Strategic Plan w/ CEO & President Ying McGuire
Ying McGuire, CEO & President of NMSDC, recently held an NMSDC Strategy Briefing to discuss our new 2022-2026 strategic plan. If you missed this briefing, catch up and learn how we plan to support MBEs to achieve $1 trillion in annual revenue generation (5% of US GDP).
NMSDC Joined Forces with the McBride Sisters SHECANThrive Initiative and Program
NMSDC joined forces last fall with the McBride Sisters SHE CAN Fund to present pre-selected National Minority Supplier Diversity Black-women business owners the opportunity to receive $20,000 in Facebook and […]
Ying McGuire, will provide congressional testimony to the U.S. House Financial Services Subcommittee on Diversity & Inclusion in a hearing titled “Building Opportunity: Addressing the Financial Barriers to Minority and Women-Owned Businesses’ Involvement in Infrastructure Projects.”
Today marks the first day of Black History Month. It is a significant time for us to reflect on Black Americans’ too-often neglected impact and achievements across U.S. history and society.
Moreover, it provides us a fresh reminder to take stock of where systemic racism persists and seize the opportunity to create fundamental changes. At NMSDC, we drive change by serving as a growth engine for NMSDC certified MBEs, and by being a strong voice for communities of color.
NMSDC Partners with the Canadian Aboriginal and Minority Supplier Council (CAMSC)
Did you know that you can start off 2022 with a new partnering relationship by participating in the National Minority Supplier Development Council’s (NMSDC) memorandum of understanding (MOU) with the Canadian Aboriginal and Minority Supplier Council (CAMSC)?
A Message from NMSDC on the Devastating Midwest Tornadoes
The news of the devastation caused by the weather conditions this past weekend was heartbreaking. Four out of our twenty-three regional councils were within the path of the volatile storms and tornados.
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 loan program.
SBA Administrator, Guzman Announces Members of the Council on Underserved Communities
U.S. Small Business Administrator Isabella Casillas Guzman named Ying McGuire, CEO and President of the National Minority Supplier Development Council (NMSDC), to serve on the reconvened Council on Underserved Communities (CUC) authorized under the Federal Advisory Committee Act (FACA).
NMSDC Applauds the Biden-Harris Administration in its Bold New Goal to Increase the Share of Contracts to Small Disadvantaged Businesses by 50 Percent by 2025
President Biden announced a bold new goal: increasing the share of contracts going to small disadvantaged businesses by 50 percent by 2025 – an unprecedented target projected to translate to an additional $100 billion to SDBs over 5 years.
NMSDC Presents Awards for Outstanding Achievements during its Annual Conference
FOR IMMEDIATE RELEASE November 4, 2021 Contact: Lisa Whaley Morris Vice President, Strategic Alliances Lisa.Morris@NMSDC.org | 212-944-2430 National Minority Supplier Development Council Presents Awards for Outstanding Achievements to Corporate Members, [...]
NMSDC Delivers Pathways to Global Prosperity and a Certification You Can Trust
For nearly 50 years, the National Minority Supplier Development Council (NMSDC), America’s most influential and successful minority business development organization, offered its minority business enterprises (MBEs) the gold-standard certification that has created pathways to global prosperity and a national network to support their growth, development, and sustainability.
NMSDC Leadership Week Awards Celebrate Minority Business Achievements
NMSDC welcomed MBEs, Corporate Members, and guests to the online Awards Ceremony which honored outstanding achievements in minority business leadership, advocacy, and success. This was the second year for this annual awards program to be presented in a virtual format.
NMSDC Conference 2021 Save These Dates: Oct. 25 – 28, 2021 NMSDC has been monitoring the coronavirus pandemic situation, assessing the requirements for an in-person event and surveying our constituents [...]
Fifth Third Bank and the National Minority Supplier Development Council Launch Centers of Excellence Certification Program for Small Businesses
The program will last for nine months and will involve selected minority-owned private businesses that are NMSDC-certified Class II businesses, with annual sales between $1 million and $10 million and that have a minimum of five employees.
Tuck Diversity Business Programs and National Minority Supplier Development Council Partner to Help Diverse Business Owners
Tuck Diversity Business Programs and the National Minority Supplier Development Council (NMSDC) have formed a partnership to support the growth of Minority Business Enterprises (MBEs) across the country.
Mid-States MSDC Recognizes Corporations Spending With Black Businesses
The Mid-States Minority Supplier Development Council (Mid-States MSDC) recognizes 39 Central Indiana corporations (see attached image) that spent more than $650 Million with Black-owned businesses in 2020.
NMSDC NAMES NEW BOARD CHAIRMAN, MR. JOSE TURKIENICZ, UPS CPO
For Immediate Release January 11, 2021 Press Contact: Tammy Wilkins Tammy.Wilkins@nmsdc.org (212) 944-2430 NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL NAMES NEW BOARD CHAIRMAN, MR. JOSE TURKIENICZ, UPS CPO Mr. Jose Turkienicz […]
Southern Glazer’s Wine & Spirits is the First U.S. Alcohol Beverage Wholesaler to Join the National Minority Supplier Development Council
Southern Glazer’s Wine & Spirits—the world’s pre-eminent distributor of alcohol beverage—today announced it is the first U.S. alcohol beverage wholesaler to join the National Minority Supplier Development Council (NMSDC).
Our Supplier Diversity team works hard to create an inclusive supply chain where we identify diverse suppliers that help the company deliver world-class entertainment experiences to our guests in our theme parks and resorts around the world.
Joint-Venture Partnership Honored: ARVO Realty Advisors, Cushman & Wakefield
The Houston Minority Supplier Development Council, a nonprofit serving the needs of the city’s minority business enterprises (MBEs), has given its 2020 Strategic Teaming Award to ARVO Realty Advisors and […]
We spent the better part of 2020, sheltered in place. Many corporations and business owners made pivots and are thriving; while others still face challenges to re-open. Join us on December 2nd & 3rd, with a stellar line-up of Subject Matter Experts.
Four Minority Owned Suppliers Of The Year Are Selected And Recognized By NMSDC For Their Pursuit Of Excellence In Providing Supply Chain Solutions To Corporate Partners
Each year, at their National annual Conference, NMSDC presents its prestigious “Supplier of the Year” Award(s) to recognize a select number of certified minority business enterprise (MBE) and their exemplary achievements in providing needed solutions to our corporate partners.
Five Corporations Are Selected And Recognized By NMSDC For Their Pursuit Of Excellence In Advancing Minority Business Inclusion Into Their Supply Chains
Each year, at their National annual Conference, NMSDC presents its prestigious “Corporation of the Year” Award(s) to recognize a select number of national corporate members and their exemplary achievements in minority supplier inclusion.
As a step toward helping black-owned businesses recover and move forward, a coalition of four business advocacy groups — the National Minority Supplier Development Council, US Black Chambers, National Urban League and Black Enterprise — have partnered with JPMorgan Chase to launch Advancing Black Entrepreneurs by Chase for Business.
2020 Influential Women – Adrienne C. Trimble, NMSDC, Inc.
By the time Adrienne C. Trimble became the president and chief executive officer for the National Minority Supplier Development Council (NMSDC) in 2018, she had received numerous accolades for her work in diversity and inclusion over her nearly 20 years at Toyota Motor North America.
Corporate America Stepping Up To Support Black Businesses BLM Movement
NMSDC President and CEO Adrienne Trimble challenged business leaders to “Not only lend a hand to our minority business enterprises but to take definitive action and stand up against the systemic racial barriers plaguing our society.”
American Corporations Respond to NMSDC’s Call to Expand Support to Minority Businesses
The COVID-19 pandemic and civil protests have put many Black-owned businesses across the U.S. at risk of permanent closure. To support these businesses, the National Minority Supplier Development Council (NMSDC) launched the “In This Together” campaign.
In This Together Campaign Strives to Invest $1B in Black-Owned Businesses
The overwhelming support for the Black Lives Matter movement and Black businesses has grown significantly over the past month. While more initiatives arise, companies continue to step up to collaboratively uplift the movement and the Black community.
‘In This Together’ Campaign Aims To Invest $1 Billion In Minority Businesses Impacted By Covid
More than 30 blue-chip companies—including the likes of Capital One, ExxonMobil, Nissan North American Inc., and Procter & Gamble Co.—have pledged to support Black businesses and the Black Lives Matter movement.
PPP Loan Program Has Been Extended Through August 8th!
The PPP has Resumed Accepting Applications! The Paycheck Protection Program has reopened. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020 however applications must […]
Corporate America Stepping Up to Support Black Businesses & BLM Movement
President and CEO Adrienne Trimble firmly stated the organization’s commitment to facilitating change for the nation’s Black business community. Ms. Trimble’s appeal challenged business leaders to, “Not only lend a hand to our Minority Business Enterprises (MBEs), but to take definitive action and stand up against the systemic racial barriers plaguing our society.”
ChicagoMSDC Officially Welcomes New President and CEO June 26, 2020 – Chicago Minority Supplier Development Council (ChicagoMSDC) officially announces that J. Vincent Williams will be the new President and Chief Executive Officer. Effective July […]
NMSDC at the Center of Ensuring Minority-Owned Businesses Get Federal Funds
In an effort to help more nonwhite businesses get federal funding through the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the National Minority Supplier Development Council, Inc. (NMSDC) Business Consortium Fund (BCF) and Midwest BankCentre teamed up to help certified Minority Business Enterprises access the federal emergency funds.
St. Louis bank agrees to fund PPP loans for minority businesses nationwide
ST. LOUIS — Midwest BankCentre is partnering with the National Minority Supplier Development Council Inc. (NMSDC) to provide certified Minority Business Enterprises nationally with funding through the Paycheck Protection Program.
Minority Business Enterprises Offered PPP Assistance
NMSDC recently announced the establishment of a new partnership between their Business Consortium Fund and Midwest BankCentre to assist certified Minority Business Enterprises (MBEs) with funding access through the Paycheck Protection Program.
This is a painful time for our nation. Like you, our entire organization and our staff are struggling to understand the senseless deaths of George Floyd and too many others whose lives have been impacted by racial injustice. Our thoughts go out to their families. But minority communities need more than grief and words.
NMSDC Secures Partnership to Connect MBEs with PPP Funding
The National Minority Supplier Development Council, Inc. (NMSDC) is pleased to announce the establishment of a new partnership between their Business Consortium Fund (BCF) and Midwest BankCentre to assist certified Minority Business Enterprises (MBEs) with funding access through the SBA’s Paycheck Protection Program (PPP). Details about how to access funding are available online by visiting BCF’s website at www.bcfcapital.com/ppp-disclosure.
Wells Fargo & NMSDC Partner to Present Four Minority Business Leadership Academies in 2020
FOR IMMEDIATE RELEASE Contact: MarCom@NMSDC.org Wells Fargo & NMSDC Partner to Present Four Minority Business Leadership Academies in 2020 (New York, NY: May 15, 2020): Wells Fargo & Company and the […]
Our number one priority is to ensure the health, well-being, and safety of the NMSDC staff as concern grows about the spread of the COVID-19 virus. Effective Friday, March 13, until further notice, the National Office staff will be working remotely. We will be conducting business as usual; however, the office will not be open to guests for in-person meetings.
NMSDC Supports NAIC Initiative to Facilitate the Raise of $1 Billion of Growth Equity Capital for MWBEs
We are excited to announce that the Minority Business Development Agency and the National Association of Investment Companies have teamed to identify and facilitate the raise of $1 billion of growth equity capital for minority and women businesses.
NMSDC President/CEO Adrienne Trimble Named To The 2020 Ebony Power 100 List
EBONY REVEALS ITS ANNUAL EBONY POWER 100 LIST. Power Couples, MVPs and Shining Stars take a bow with iconic entertainment honorees including Super Bowl Champ, Patrick Mahomes, actress, Cynthia Erivo and John Legend & Chrissy Teigen.
Dear NMSDC Community, DEADLINE EXTENSION! The 2020 Leadership Awards Nomination deadline has been extended until January 27th. For your convenience, we have enclosed the nomination questions in Word document form […]
Diversity has become a business buzzword in recent times, with numerous C-suite executives viewing it as simply a tick-box exercise, alas. And yet a growing welter of evidence suggests the manifold advantages of utilising diverse supply chains – engaging suppliers from ethnic, racial and gender minorities – are too significant to be ignored.
NMSDC ⎮ Joseph R. Hinrichs Named Chairman of NMSDC
For Immediate Release June 9, 2016 Press contact: Phil Thurston (212) 944-2430 ext: 127 The National Minority Supplier Development Council (www.nmsdc.org) is pleased to announce that Joseph R. Hinrichs, executive [...]
Citigroup, Bristol-Myers Squibb, and others receive national awards for minority supplier development By Staff | June 8, 2016 The National Minority Supplier Development Council recently recognized both individuals and [...]
At the 2015 National Minority Supplier Development Council Conference, several chief procurement officers from leading corporations participated in a session titled “The Future of Minority Supplier Development” to share their […]
BLACK ENTERPRISE | President Talks Prejudice in Business – Part 1
National Minority Supplier Development Council President Talks Prejudice in Business – Part 1 President of one of the country’s leading corporate membership organizations, Joset Wright-Lacy, talks the impact and importance [...]
THE NETWORK JOURNAL | Economic Development Administration Announces Major Opportunities
Economic Development Administration Announces Major Opportunities for Innovators and Entrepreneurs By: TNJ STAFF Thursday, May 5, 2016 This week, EDA’s Office of Innovation and Entrepreneurship (OIE) is excited to announce [...]
BLACK ENTERPRISE | National Minority Supplier Development Council Honors Diversity Leaders
Council recognizes diversity leaders for positive impact on companies by Safon Floyd Posted: April 14, 2016 On Wednesday, May 18, the 2016 National Minority Supplier Development Council Leadership [...]
GLOBAL DIVERSITY NEWS | Diversity news from around the globe
Global Diversity News takes a look at Access to Capital Among Minority Business Enterprises. After taking a look at the "National Survey Access to Capital Among Minority Business Enterprises" 2015 [...]
CSCMP | Why minority suppliers belong in your supply chain
Including minority business enterprises in your roster of suppliers can generate meaningful business benefits, says Joset Wright-Lacy, president of the National Minority Supplier Development Council. What do you look for [...]
The NMSDC Conference offers and environment to identify business opportunities and to attend workshops and seminars to help corporate members and MBEs develop their skill. Workshops and seminars one such […]
Joset Wright-Lacy On Challenges Facing Minority-Owned Businesses
Houston is the most racially and ethnically diverse city in the nation. But even here, minority-owned businesses face serious difficulties competing with those owned by white males. Joset Wright-Lacy is […]
A lawyer by trade and now president of the National Minority Supplier Development Council by choice, Joset Wright-Lacy presides over the largest corporate membership organization in the world dedicated to […]
Houston Style Magazine – ” NMSDC Annual Conference Redefines the Business Case for Minority Businesses and Corporate America
NMSDC Annual Conference Redefines the Business Case for Minority Businesses and Corporate America NY, NY Sept. 29, 2015 – The National Minority Supplier Development Council (NMSDC) – the nation’s premier […]
Meet the Man Who Started a Conversation Worth a Billion Dollars: Clifford A. Bailey
Talking to business owner and National Minority Business Enterprise Input Committee (NMBEIC) Chair, a committee of the National Minority Supplier Development Council (NMSDC) , Clifford A. Bailey, it is obvious […]
NMSDC Honors Top Corporations and Minority Businesses
The National Minority Supplier Development Council (NMSDC) held its 2015 Business Conference and Expo at the San Diego Convention Center from October 18-21. The four-day event brought together over 6,000 minority suppliers and representatives from some of America’s largest corporations.
NMSDC is currently accepting nominations for the Leader of the Year Award which recognizes outstanding corporate leaders and innovative minority business enterprises in our network. NMSDC is excited to recognize […]
MBDA Webinar: Accessing Alternative Financing for your Business
On Wednesday, April 1st join the Minority Business Development Agency for a free access to capital webinar on financial products that can help take your business to the next level. John Herrera, president […]