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Category: Press Release

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.

Spanish Broadcasting System Provides WC3 International With $50,000 In Advertising During The National Minority Supplier Development Council (NMSDC) Conference & Business Opportunity Exchange

    NEW YORKFeb. 5, 2019 /PRNewswire/ — Spanish Broadcasting System, Inc. (SBS) (OTCQX: SBSAA) since it was officially certified as a Minority Business Enterprise (MBE),  participated in various events coordinated by the National Minority Development Council (NMSDC). At the annual Conference and Business Opportunity Exchange, held in Austin, Texas, Spanish Broadcasting System conducted a promotional contest at their participating booth where Minority Business Enterprises registered for a prize of $50,000 in advertising that will run across its radio, television, and digital divisions in the first quarter of 2019. The winner of the $50,000.00 in advertising was randomly drawn at the NMSDC headquarters in New York by the President and CEO of the NMSDC Adrienne Trimble with executives representing Spanish Broadcasting System. NMSDC President and CEO Adrienne Trimble commented “Spanish Broadcasting System lent key support to our 2018 Conference in Austin, Texas.  Welcoming SBS as a certified MBE was exciting news for NMSDC in 2018, and this great relationship will only grow in the New Year.  SBS is a fantastic new partner for us. We look forward to an even stronger collaboration going forward.” The winner drawn was WC3 International. “We are honored to win the advertising promotion from such a prestigious organization as Spanish Broadcasting System. We plan to utilize this promotion as a means to fuel the growth of our business within the Hispanic community,” stated Leon Woolford, Owner and Partner of WC3 International. WC3 International is an information technology solutions partner providing top IT talent, along with hardware, software, cloud and IT security solutions that helps drive business success. WC3 utilizes innovative and proven approaches to help organizations discover, evaluate, architect and implement advanced technology solutions. WC3 International key areas of expertise include hardware, software, cloud services, cyber security, internet, unified communications, mobility, systems integration, and custom application development solutions. During the four days of the convention, more than 6,000 corporate CEO’s, procurement executives and supplier diversity professionals from the top multinational companies, as well as leading Asian, Black, Hispanic and Native American business owners and international organizations, convened in Austin, Texas to re-energize their collectives efforts for solid minority firms in the global corporate supply chain. SBS Executives, talents and staff members participated with an exhibit booth that highlighted Spanish Broadcasting System’s MBE status and showcased its leading multi-media products, services and solutions. Spanish Broadcasting System serves as the leading multimedia entertainment enterprise with owned and operated heritage radio stations in the largest U.S. markets (including the most-listened-to Hispanic station in the nation, WSKQ-FM in New York City), the MegaTV network, a staple of digital properties including LaMusica and Hitzmaker mobile apps, as well as the nation’s largest independent Hispanic concert and events promoter, SBS Entertainment. Albert Rodriguez, Chief Operating Officer of SBS, commented, “Leaders such as Leon Woolford and the WC3 International embody the overall mission of the MBE’S and NMSDC. We honor those leaders that advocate for the value that minority businesses bring to the global corporate supply chain, and for the vital role they play in our nation’s economic growth today and in the future.” The MBE certification places SBS on an exclusive list of verified minority-owned firms offering their respective services to corporate, governmental, educational and charitable entities throughout the country. About Spanish Broadcasting System, Inc.: Spanish Broadcasting System, Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of New YorkLos AngelesMiamiChicagoSan Francisco and Puerto Rico, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 250 affiliated stations reaching 94% of the U.S. Hispanic audience. SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico, produces a nationwide roster of live concerts and events, and owns a stable of digital properties, including LaMusica, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at www.spanishbroadcasting.com. 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 KingdomCanadaAustraliaChina and South Africa. To meet the growing need for supplier diversity, NMSDC matches its 12,000 certified minority-owned businesses to our network of approximately 1,450 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. MEDIA CONTACT SBS: Vladimir Gomez
VP, Corporate Communications
vgomez@sbscorporate.com
(786) 394-9000 Ext. 1144 FOR MORE INFO CONTACT: Juan Almanzar
VP Supplier Diversity & Business Development
JAlmanzar@sbsnewyork.com
646-710-2613 SOURCE Spanish Broadcasting System, Inc. (SBS)

Related Links

http://www.spanishbroadcasting.com
National Minority Supplier Development Council Presents Annual Accolades at Gala in Austin NMSDC Corporate Members, Certified Minority Business Enterprises and Georgia Council are Recognized for Outstanding Achievements

National Minority Supplier Development Council Presents Annual Accolades at Gala in Austin NMSDC Corporate Members, Certified Minority Business Enterprises and Georgia Council are Recognized for Outstanding Achievements

NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL PRESENTS ANNUAL ACCOLADES AT GALA IN AUSTIN NMSDC CORPORATE MEMBERS, CERTIFIED MINORITY BUSINESS ENTERPRISES AND GEORGIA COUNCIL ARE RECOGNIZED FOR OUTSTANDING ACHIEVEMENTS

Austin, TX – On Wednesday evening, October 17, the National Minority Supplier Development Council (NMSDC.org) hosted a black-tie banquet to honor its corporate members, certified minority business enterprises (MBEs), and network leaders for exceptional accomplishments in promoting minority supplier development.

The Gala, sponsored by Northrop Grumman, marked the culmination of NMSDC’s annual Conference and Business Opportunity Exchange, held this year at the Austin Convention Center in Texas. The Conference’s Corporate Co-Chairs were Dell, Toyota and Wells Fargo; the first-ever Corporate Plus® Co-Chair was ACRO Service Corporation; the MBE Co-Chair was Ongweoweh; and the Platinum Sponsor was Vista Equity Partners.

At the start of the Gala, the Georgia Minority Supplier Development Council, one of 23 regional councils of the NMSDC, was honored as Regional Council of the Year. The Harriet R. Michel Chairman’s Awards, recognizing outstanding contributions to the work and progress of NMSDC in the past year, went to Casilda Del Valle, NMSDC’s Vice President for Finance and Administration, who has worked at NMSDC for 40 years; and to Louis Green, outgoing Interim President of NMSDC.

Supplier of the Year awards were presented in four classes. In Class I, for businesses with up to $1 million annual revenue, Stellar Consulting Solutions was recognized. Supplier of the Year for Class II, with $1 million to $5 million in annual revenue, was Athena Engineering. Recognized in Class III ($5 million to $10 million annual revenue) was Premiere Building Maintenance Corporation. And the honoree for Class IV ($10 million and above in annual revenue) was Hal Hays Construction.

Corporations of the Year honors were also presented, in five classes. The Class I honoree ($1 billion to $10 billion in revenue) was EQT. In Class II ($11 billion to $50 billion revenue), Merck was recognized, and the Class III award ($50 billion to $100 billion revenue) went to Comcast NBCUniversal. There was no award in Class IV this year, but for Class V ($151 billion and above in revenue) the Corporation of the Year honor was presented to AT&T.

Corporations honored as Top Category Performers were: Bank of America (Financial); Walmart and FCA (Tier II); Toyota (Development); and CVS Health and The Coca-Cola Company (Innovation).

NMSDC Annual Awards Gala

Page 2 of 2

At the end of the presentations, Master of Ceremonies Chuck Nice introduced the final speaker of the evening, NMSDC President and CEO Adrienne Trimble, who reflected on the nearly 50 years of achievement by the NMSDC, transforming the relationship between minority suppliers and corporate America. She revealed that for next year, the NMSDC’s annual Conference and Business Opportunity Exchange would be held in Atlanta, with newly-announced Corporate Co-Chairs AT&T, Coca-Cola and UPS. In wrapping up, Ms. Trimble acknowledged the efforts of the NMSDC national staff, and thanked NMSDC Chair Joe Hinrichs and the Board members for entrusting to her the leadership of NMSDC.

Conference highlights included:

  •  MetLife-supported Emerging Young Entrepreneurs program’s intensive workshop;
  •  U.S. Department of Commerce’s Minority Business Development Agency, kicking off its annual National Minority Enterprise Development Week;
  •  NFL star and real estate entrepreneur Emmitt Smith speaking at the Conference’s Opening Breakfast;
  •  Wells Fargo’s announcement of its sponsorship of NMSDC’s CEO Academy program;
  •  The Business Opportunity Exchange, a unique, national trade fair with more than 700 booths showcasing corporations and minority business enterprises looking to connect and extend their business dealings with one another;
  •  NMSDC’s Corporate Plus® program featuring some of its most successful corporate members, including Fortune 500 MasTec and the nation’s largest producer of natural gas, EQT.

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.

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Hall of Fame Cowboys running back Emmitt Smith: “Austin has become a hub for business”

Hall of Fame Cowboys running back Emmitt Smith: “Austin has become a hub for business”

Hall of Fame Cowboys running back Emmitt Smith: “Austin has become a hub for business”

During a conference that brought in business owners and international organizations to talk about diversity in the workplace, former Dallas Cowboys running back Emmitt Smith took the stage to open up about how he made the transition from a football player to an entrepreneur,and what Austin has to offer for minorities looking to create their own company.
AUSTIN — A conference was held in Austin that brought in business owners and international organizations to talk about diversity in the workplace. At the conference, former Dallas Cowboys running back Emmitt Smith talked about how he made the transition from a football player to an entrepreneur, and what Austin has to offer for minorities looking to create their own company.
NMSDC Names New President:  Adrienne Trimble from Toyota

NMSDC Names New President: Adrienne Trimble from Toyota

 

The National Minority Supplier Development Council is pleased to announce the selection of Adrienne Trimble, General Manager, Diversity & Inclusion, Toyota Motor North America, as President and Chief Executive Officer, effective August 1, 2018.

NMSDC’s Board Chairman, Joseph Hinrichs, stated, “On behalf of the NMSDC Board of Directors, we are pleased to have a leader of Adrienne’s caliber join our team. This is an exciting chapter for NMSDC and I have no doubt that Adrienne’s skills and experience will help shape the future of our organization.”

In her statement, Ms. Trimble said, “I am honored to be taking on this leadership role with NMSDC and look forward to ensuring our organization and our stakeholders remain positioned for sustainable growth and success.”

Adrienne Trimble’s appointment marks a unique, significant milestone in NMSDC’s long and close relationship with Toyota. Ms. Trimble led the company’s Supplier Diversity initiative from 2005 to 2012, where she directed the development of essential supplier relationships with Toyota’s North American operations and diverse businesses across the country.

Toyota received numerous accolades under Ms. Trimble’s direction, including Corporation of the Year by the NMSDC and a number of local affiliate regional councils. Ms. Trimble joined Toyota in 2000 to establish the company’s recruitment strategy and organization design, succession planning and labor cost management efforts. Her previous experience included Human Resource leadership roles in financial services, media and healthcare industries.

“All of us at Toyota are especially appreciative that NMSDC has tapped one of our outstanding executives, Adrienne Trimble, to be its president,” said Al Smith, Group Vice President of Social Innovation, Toyota Motor North America. “This is a singular opportunity for her and for us, and as such demonstrates Toyota’s commitment to NMSDC and minority supplier development.”

Mr. Hinrichs, in his statement, thanked Ms. Trimble’s predecessor, NMSDC Interim President Louis Green, noting, “We also thank Louis Green for his service and for helping us stay on track during this important transition.”

 

Adrienne Trimble FAQ
National Minority Supplier Development Council Honors Leaders in Supply Chain Diversity on May 24th

National Minority Supplier Development Council Honors Leaders in Supply Chain Diversity on May 24th

At a black-tie Gala wrapping up its annual Conference and Business Opportunity Exchange, held this year in Detroit, October 23-25, the National Minority Supplier Development Council gave out honors to member corporations and minority business enterprises (MBEs) for their contributions to NMSDC’s goals in advancing business opportunities for minority-owned companies of all sizes. Honored as well were ChicagoMSDC, named Regional Council of the Year.

NMSDC Recognizes Achievements of Corporations, MBEs and Chicago Council

NMSDC Recognizes Achievements of Corporations, MBEs and Chicago Council

At a black-tie Gala wrapping up its annual Conference and Business Opportunity Exchange, held this year in Detroit, October 23-25, the National Minority Supplier Development Council gave out honors to member corporations and minority business enterprises (MBEs) for their contributions to NMSDC’s goals in advancing business opportunities for minority-owned companies of all sizes. Honored as well were ChicagoMSDC, named Regional Council of the Year.

NMSDC and Capital One Announce Winner of CATAPULT Competition

NMSDC and Capital One Announce Winner of CATAPULT Competition

The National Minority Supplier Development Council (NMSDC) and the supplier diversity team at Capital One today announced the winner of the CATAPULT competition: Ricardo Regalado, CEO and Founder, Rozalado & Co. CATAPULT is a seven-month business development program designed to assist diverse business owners in creating innovative solutions to critical issues within their own organizations. Culmination of the program is a competition to create a digitally-oriented solution to a company-specific business challenge with the winner receiving a grant and additional advanced education and consultation.