The National Minority Supplier Development Council ® (NMSDC®) provides a direct link between corporate America and minority-owned businesses. NMSDC is one of the country's leading business membership organizations. It was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes.
in the newsMembership
Corporate Members: NMSDC has more than 460 national corporate members that represent America's largest publicly-owned, privately-owned and foreign-owned companies. Their purchasing activity is national and international in scope. In addition, many companies, hospitals, universities and other regional buying institutions are local members of NMSDC's 38 affiliated Regional Councils.
Minority Business Information System (MBISYS®) : a national online database of more than 15,000 certified suppliers.
Corporate Member Data Gallery: This section has been designed to acquaint new national corporate members with our organization, by providing descriptions of NMSDC’s structure, in an accessible and organized way. It will also be helpful to persons with new responsibilities for minority supplier development at long-time member corporations. This area is password protected.
Corporate Plus® Members: Corporate Plus® is an unprecedented membership program of the National Minority Supplier Development Council for the highest caliber minority business enterprises which have the proven capacity to handle national contracts for major corporations. It is designed to recognize their national capabilities, bring them to the attention of all National Corporate Members, and expand their participation in the NMSDC Network. The success of this program will raise the level and perception of minority businesses to national prominence in corporate America. [View]
Certification
NMSDC Certification: NMSDC’s rigorous certification process is considered the gold standard for certifying minority-owned businesses by corporate America. The NMSDC-affiliated Regional Councils located throughout the country are responsible for certifying businesses owned by Asian, Black, Hispanic and Native American business owners using guidelines established by the National Minority Supplier Development Council.
Minority-owned Businesses
Minority-owned Businesses
For an NMSDC regional council nearest you for certification as a Minority-Owned Business [Click here]
Networking
Business Opportunity Fairs: Hosted throughout the year by NMSDC Regional Councils and one day during the NMSDC annual conference, these events provide a platform for NMSDC-certified minority business owners to present their products and services directly to potential corporate purchasing executives from corporations, government agencies, universities, hospitals and other buying institutions.
NMSDC Conference: This four-day event is the nation’s benchmark forum addressing the trends and issues in purchasing; international markets; strategic sourcing and access to capital for Asian, Black, Hispanic and Native American business owners. Thousands of minority entrepreneurs, corporate executives and government decision-makers attend each year. [View]
CLICK HERE: To view the 2010 NMSDC Conference Registration Brochure.
CLICK HERE: To view the 2010 NMSDC Conference Registration Brochure.
Centers of Excellence: NMSDC Centers of Excellence is a network of regional business modules comprised of corporate diversity/purchasing executives and minority business owners that provides a structured environment for fostering minority business development. The Centers of Excellence use NMSDC “best practices” for minority supplier development to enhance corporate supplier diversity processes and build capacity for MBEs.
Financing
Business Consortium Fund: The Business Consortium Fund , Inc. (BCF) is a minority business development company created by the National Minority Supplier Development Council to provide contract financing to NMSDC-certified minority businesses through a network of local participating banks and NMSDC affiliates. The BCF is funded through several sources including corporations, state governments and foundations.
Development
Centers of Excellence: NMSDC Centers of Excellence is a network of regional business modules comprised of corporate supplier diversity/purchasing executives and minority business owners that provides a structured environment for fostering minority business development. The Centers of Excellence use NMSDC “best practices” for minority supplier development to enhance corporate supplier diversity processes and build capacity for MBEs.
Global-Link: NMSDC’s International Program works with non-governmental organizations in other countries to replicate the NMSDC model and link historically-excluded populations and corporate purchasers to create mutually beneficial economic partnerships.
Canada
Frequently Asked Questions
MSD China
United Kingdom Profile (MSDUK)
Growth Initiative: provides MBEs with the potential for substantial growth and with the opportunity to access equity capital, while retaining management and control, and the advocacy of NMSDC and its member corporations. The timely provision of this important tool is crucial if MBEs are to participate on an equal footing in the expanding national and global economies.
Information
NMSDC Information Center: The NMSDC's Minority Business Information Center provides the only national centralized source of information about minority business development and trends. The Center's resources include access to online databases; statistical data from the U.S. Bureau of the Census; a vast collection of magazines, newspapers and journals with articles pertinent to minority business development; and information on legislation affecting minority business development.
Education
Advanced Management Education Program: This custom executive education program was created by NMSDC in partnership with the J.L. Kellogg School of Management at Northwestern University to provide certified, established, expansion-oriented MBEs with the tools and skills needed to achieve and sustain accelerated growth. NMSDC corporate members recommend high-potential MBEs for participation in the four-day program, which is held each year in June.
Supplier Diversity Online Course: This NMSDC course provides corporations with a comprehensive overview of minority supplier development; Best Practices for planning, implementing and assessing a supplier diversity process; and tools to ensure maximum impact and relevance to a company’s business strategy. The online course is an 18-hour targeted offering available over a 12-week period that will enhance the corporate/MBE buyer/seller relationship. Guidance and direction are provided by online facilitators and experienced supplier diversity professionals chosen by NMSDC. The online course allows participants to interact with a vibrant community of their colleagues in chat rooms and threaded discussions.
Regional Corporate Seminars: NMSDC hosts one-and-a-half day seminars in Georgia, and San Francisco, California, for corporate purchasing personnel. This year's theme, Leading from the Future: Planting the Seeds of Recovery acknowledges this reality. These formal learning programs support specific learning objectives.
Other examples of NMSDC corporate learning opportunities;
Self-directed learning, which does not require specific instructional learning design and supports informal learning.
- Expert networks
Industry Groups
Advanced Practices Group - Communities of practice
For NMSDC members, this means the process of social learning that occurs when people who have a common interest in a subject collaborate over an extended period to share ideas, find solutions and build innovations. In addition to industry groups at the national level, there are many working groups in our 38 affiliated councils.
Awards
NMSDC recognizes the commitment to minority supplier development made by corporations, MBEs, its affiliated Councils, and supplier diversity professionals during its annual Minority Business Leadership Awards Dinner-Dance in May and at its annual Conference and Business Opportunity Fair in October. NMSDC presents awards for long-term achievement to a corporation and two MBEs at the Dinner-Dance.
The Corporation of the Year, Suppliers of the Year, Minority Supplier Development Leader of the Year and Regional Council of the Year are honored at the annual Conference.
