MBE Benefits
The National Minority Supplier Development Council's Certification Policy and Procedures Manual, is firmly adhered to by its 38 affiliated Councils for the certification of minority-owned businesses. Standardized Procedures assure consistent and identical review and certification of minority-owned businesses throughout the NMSDC Network. The NMSDC is the only national minority business development organization providing certification throughout the U.S. where MBEs are genuinely minority-owned and operated, and ready to do business.
- Access — Certified MBEs are listed in the Regional Council Minority Supplier Database
- Advanced Management Education Program, customized executive education, with highly intensive training and technical assistance for CEOs of minority-owned firms
- Business Opportunity Fairs which allow minority entrepreneurs to present themselves to hundreds of prospective buyers in a short time
- Inclusion — to the Minority Business Information System (MBISYS®), NMSDC's national database of certified minority suppliers
- Network opportunities — provides expansion of relationship-building opportunities with corporate buyers
- Working capital loans — to certified minority businesses which have contracts with NMSDC national and regional corporate members, through the Business Consortium Fund, as well as longer-term financing through the BCF's Specialized Small Business Investment Company (SSBIC)
- And a variety of other activities to bring corporate purchasing people together with representatives of minority businesses, in both formal and informal settings, to foster the development of long-term, mutually beneficial business relations.
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