TMSDC Overview Presentation


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Learn about the opportunities of becoming a Minority Business Enterprise in Tennessee through the Tennessee Minority Supplier Development Council

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TMSDC Overview Presentation

  1. 1. Tennessee Minority Supplier Development Council Coming Together for . . . Mutual Success! “ To promote and expand business opportunities between minority-owned businesses and major purchasers.”
  2. 2. <ul><li>Business Case </li></ul><ul><li>Get to Know the TMSDC </li></ul><ul><li>National Affiliation Network </li></ul><ul><li>MBE Definition/Certification Process </li></ul><ul><li>Education Foundation </li></ul><ul><li>Events & Activities </li></ul>Goals
  3. 3. The Business Case <ul><li>Minorities Represent: </li></ul><ul><li>28% of the population </li></ul><ul><li>Only 15% to all businesses </li></ul><ul><li>3% of gross receipts </li></ul><ul><li>4% of total corporate purchases </li></ul><ul><li>The US Census Bureau reports by 2020, minority population will total 37.4% </li></ul><ul><li>The combined power of African-Americans, Hispanics, Asian-Americans and Native-Americans is expected to exceed 1.5 trillion by 2009. </li></ul>
  4. 4. <ul><li>Advocate – Encouraging corporations to develop and </li></ul><ul><li>implement supplier diversity programs </li></ul><ul><li>Catalyst – Bringing major purchasers together with certified </li></ul><ul><li>minority businesses </li></ul><ul><li>Educator – Providing training and educational programs that </li></ul><ul><li>meet the needs of members </li></ul><ul><li>Local Membership – 130 Corporations; 240 MBEs </li></ul><ul><li>Minority Expenditures - $11.5 Billion </li></ul>Who We Are
  5. 5. “ TMSDC is committed to being the leading supplier diversity advocate, to facilitate relationships between corporations and MBEs, resulting in improved sales, profits, business performance, consumer image and shareholder value.” TMSDC Value Proposition
  6. 6. <ul><li>Headquartered in New York City </li></ul><ul><li>3,500 Corporations </li></ul><ul><li>15,000 Certified Minority Businesses </li></ul><ul><li>38 Councils Nationwide </li></ul><ul><li>$100.3 Billion in Minority Expenditures </li></ul>National Minority Supplier Development Council
  7. 7. <ul><li>For Minority-Owned Business </li></ul><ul><li>Certify ethnic minority-owned businesses </li></ul><ul><li>Provide access to working capital </li></ul><ul><li>Create networking opportunities </li></ul><ul><li>Provide business-building educational seminars </li></ul><ul><li>Attend Executive Management Programs </li></ul><ul><li>For Corporations </li></ul><ul><li>Provide referrals and access to certified minority suppliers </li></ul><ul><li>Provide assistance in supplier diversity programs </li></ul><ul><li>Strengthen corporate presence and achieve procurement goals </li></ul><ul><li>Information clearinghouse on minority businesses development </li></ul><ul><li>Attend Advanced Programs Managers Seminars </li></ul>What We Do
  8. 8. Events, Activates, & Seminars March 25 Memphis Certification Forum May 21 Nashville Lunch and Learn Seminar Jul 14 Knoxville Network Mixer Sep 17 Nashville Lunch and Learn Seminar Oct. 22 Nashville General Membership Meeting Dec 17 Memphis Networking Mixer 17th Annual Impact Awards Gala April 23 Sheraton Nashville Downtown Hotel 9th Annual TMSDC Golf Classic June 25 Legends Club of Tennessee 29th Annual Marketplace of Opportunities August 26-27 Nashville Convention Center 17th Annual Minority Business Development Conference October 7-8 Knoxville Marriott Hotel How We Do What We Do
  9. 9. <ul><li>A minority business enterprise means a business that is 51% owned, </li></ul><ul><li>operated and controlled by a minority group member. </li></ul><ul><li>Minority group members are U.S. citizens who are African- American, Hispanic-American, Native-American, Asian-Pacific American and Asian-Indian American. </li></ul>MBE Definition
  10. 10. <ul><li>Certification Application to MBE </li></ul><ul><li>Review for Completion with Documentation/Processing Fee </li></ul><ul><li>Site Visit Scheduled/Conducted </li></ul><ul><li>Certification Committee Reviews Recommends Approval of Denial of Application </li></ul><ul><li>Presentation to Board of Directors for Final Disposition </li></ul><ul><li>Applicant is Notified in Writing </li></ul><ul><li>Certificate of Affiliation is Issued, if approved </li></ul><ul><li>Re-certification Application (annually) </li></ul><ul><li>Reciprocal (Out-of-State) Application </li></ul><ul><li> - Application </li></ul>Certification Process
  11. 11. <ul><li>Inaugurated in 1994 </li></ul><ul><li>Mission: To provide support to at-risk graduating seniors to </li></ul><ul><li>continue their education beyond high school </li></ul><ul><li>Success: $861,550.00 in scholarships to 170 high school graduates </li></ul><ul><li>Generous Support from Corporations, Minority Businesses, Community Partners and Individuals </li></ul>Education Foundation
  12. 12. We invite YOU to support TMSDC ….. and Help Drive Economic Prosperity In Tennessee!
  13. 13. State Office MetroCenter, Plaza I Building 220 Athens Way, Suite 105 Nashville, Tennessee 37228 (615) 259- 4699 (Phone) (615) 259-9480 (Fax) Website - E-mail - [email_address] Tennessee Minority Supplier Development Council Serving the entire state of Tennessee