THE CENTERS OF EXCELLENCE (COE)
The Centers of Excellence (COE) are business modules designed to strengthen Corporate Supplier Diversity processes and to help MBEs compete in a global environment. Corporate participants have the opportunity to identify MBEs to participate in these modules and be an integral part of their growth.
The business modules—comprised of 8 to 10 Corporate Members, 16-20 MBEs and the TSMSDC Council President & CEO — is committed to enhancing the Supplier Diversity process by implementing NMSDC minority business development best practices. Each module is 18-24 months in duration. Click here for additional information.
GLOBAL-LINK INTERNATIONAL PROGRAM
Global-Link International Program works with non-governmental organizations in other countries to replicate the NMSDC model and link historically-excluded populations with corporate purchasing entities to create mutually-beneficial economic partnerships.
These international partner organizations are a gateway for U.S.-based MBEs to meet international MBEs who may be potential partners to help them gain access to the global marketplace. Click here for additional information.
Corporate Plus® is an unprecedented membership program for NMSDC-certified minority businesses of the highest caliber. This program was created to address Corporate Member requests for assistance in locating minority suppliers with the capacity to fulfill national contracts.
The Corporate Plus® members have demonstrated their capacity to execute national contracts for major corporations. NMSDC national Corporate Members nominate MBEs for this designation, which elevates their profile among national Corporate Members and facilitates the MBEs broader participation throughout the NMSDC network.
The success of the Corporate Plus® program and member MBEs helps raise the level and perception of minority businesses to national prominence in corporate America. Click here for additional information.
Growth Initiative allows NMSDC-certified MBEs with the potential for substantial growth to access equity capital from institutional investors while retaining their minority status through management and control of their business enterprise. To facilitate significant capital investment from non-minority partners, the Growth Initiative creates a new certification category – minority-controlled firms. For consideration, an MBE must submit a written request to the President of NMSDC, along with proof of minority business status. The steps are similar to the MBE Certification process. Those accepted and granted minority-controlled status are re-evaluated on a yearly basis.
For additional information please contact the MBE Certification Director at 615 259 4699.
BUSINESS CONSORTIUM FUND
THE RIGHT KIND OF FINANCING CAN HELP YOUR BUSINESS GROW
Did you know that as a certified MBE, TSMSDC can assist you to obtain financing and capital to help you grow your company?
Through our affiliation with the Business Consortium Fund, Inc. (BCF) we can aid you in arranging working capital loans and long-term financing. We can even assist you in obtaining growth capital through Triad Capital Investments, LLP.
The Business Consortium Fund, Inc.(BCF), is a non-profit business development program of the National Minority Supplier Development Council (). BCF is the nation’s most comprehensive financing and business support organization dedicated exclusively to the ethnic minority-owned business sector.
The BCF offers a full line of financing products and business services through a national network of strategic alliance partners that include the NMSDC and its 24 affiliated Regional Councils, major corporations, commercial lenders and financial institutions, and business support organizations. Its partners are supportive to facilitate the growth and development of NMSDC certified minority-owned firms.
The BCF is a “difference maker” for minority-owned businesses that need capital and business support services to grow their business but are unable to obtain them from conventional sources on reasonable terms. Their goal is to continuously improve and expand our programs, financing products, and services in order to better serve the minority business community.
The BCF offers a variety of financing programs and business advisory services for NMSDC certified minority-owned businesses. For additional information, please visit the BCF website at ; or call Ruben Rodriguez, BCF Senior Vice President & Chief Lending Officer at 212.243.7360, and/or Cheri Henderson, TSMSDC President & CEO at 615.259.4699.
TSMSDC is here to help you!
CERTIFY | DEVELOP | CONNECT | ADVOCATE