NMSDC SUPPLIERS OF THE YEAR AWARD
Each year, at its annual conference, the National Minority Supplier Development Council, Inc® (NMSDC) recognizes those certified minority suppliers who have distinguished themselves and their businesses by:
· successfully demonstrating growth in sales and employment while overcoming significant obstacles;
· consistently providing high quality products and services at competitive prices, offering innovative
approaches, and cost-saving ideas;
· continuously growing MBE-to-MBE purchases; and
· significantly contributing to the growth and development of society and their community.
Awards Categories and Selection Process
NMSDC-certified minority suppliers can be entered in and win in one of four awards categories, based on their annual sales:
Class 1 Annual sales less than $1 million
Class 2 Annual sales between $1 million and $10 million
Class 3 Annual sales between $10 million and $50 million
Class 4 Annual sales greater than $50 million
MBEs can only be nominated by corporate members by application to their regional council.