The National Minority Supplier Development Council (NMSDC) is one of the foremost supplier diversity certification agencies in the United States. Its mandate is to help level the playing field for minority-owned businesses.

Reported Metrics 

-Over $401 billion spent on NMSDC-certified MBEs in 2019

-Over 12,000 minority-owned companies certified 

-NMSDC’s certification is accepted by over 1,500 corporations and organizations across America 

Resources & Opportunities: 

-NMSDC recently launched Advancing Black Entrepreneurs to help black-owned businesses deal with the effects of the pandemic.

-NMSDC is offering grants to MBEs in need

-Review a wide range of educational programs offered by the council

Pro Tips: 

Review the benefits of being a MBE here

Review NMSDC’s certification criteria 

Our Review

The National Minority Supplier Development Council is one of the foremost supplier diversity certification agencies in the United States. Its efforts to create a favorable business landscape for underrepresented and previously disadvantaged businesses can be seen through its hundreds of corporate members and the thousands of small businesses the council supports. 

Besides giving small minority-owned businesses an opportunity to work with some of the country’s biggest organizations, the council offers educational programs, networking events, and other programs crafted to fight racial inequalities that minority-owned businesses are still grappling with. The council has just launched two programs, The Rebuilding Fund and Advancing Black Entrepreneurs, which are aimed at aiding struggling minority businesses affected by the recent pandemic.

The National Minority Diversity Certification Council has a large network of regional affiliates across the United States and a national office in New York. They work with more than 12,000 certified minority-owned small businesses, and opened paths for them to previously unavailable opportunities. 

Its list of partners extends beyond government agencies to universities, hospitals and over 1,400 large corporations, spread across various industries.  Its reach and influence allows the organization to provide important support to any minority-owned business looking for new opportunities in business.

NMSDC Says:

“The NMSDC Network is here to deliver and make a positive impact on the U.S economy. MBEs are certified so they can compete for opportunities with our corporate members. Our corporate members pay dues and participate in events with the goal of developing ways to build internal programs that support minority suppliers and allow them to engage minority businesses in the network. The national office and the 23 affiliates work hard to connect the dots between the minority businesses and the corporate members.”

Website

https://nmsdc.org/

Other Sources:

https://www.nmsdc.org/AnnualReport-2017