National Minority Supplier Development Council

About National Minority Supplier Development Council

The National Minority Supplier Development Council (NMSDC) serves as a growth engine for minority business enterprises (MBEs) by advocating for equitable access to business opportunities, providing certification, facilitating connections with corporate members, and offering development programs. NMSDC aims to ensure upward mobility for the emerging majority of Americans through participation in free-market capitalism and entrepreneurship, striving for economic equity.

Products & Services

MBE Certification:A certification process for minority-owned businesses to establish trust and engagement with NMSDC corporate members, including benefits, definitions, and reimbursement initiatives.

High Growth MBE Programs:Specialized programs like Corporate Plus, Growth Initiative, Investment Fund Certification, and Global Link to support high-growth minority businesses.

Connect Services:Networking platforms and directories (e.g., MBE Search, Corporate Plus Member Directory) to connect MBEs with corporate buyers for contracts and opportunities.

Educational and Development Programs:Programs focused on marketing, sales, operational excellence (e.g., Acres, CyberPro Training), executive leadership (e.g., Emerging Young Entrepreneurs), and access to capital and contracts (e.g., MBE Center for Growth, Cécred x BeyGOOD Fund).

Events and Conferences:Signature events like the Annual Conference & Exchange, Minority Business Economic Forum, and Business Diversity Leadership Summit to foster connections and growth.

Specialties

Minority Business Enterprise (MBE) Certification Supplier Diversity Economic Equity Advocacy Business Networking and Matchmaking Access to Capital and Contracts Educational and Training Programs for MBEs

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 1100000 MR: - FA: $1.1 million FAN: 1100000	D: 2024-02-29 FD: 2024-02-29	1 investors
2	RT: Grant T: - FT: Grant	A: 500000 MR: - FA: $500,000 FAN: 500000	D: 2023-05-10 FD: 2023-05-10	1 investors
3	RT: Grant T: - FT: Grant	A: 220000 MR: - FA: $220,000 FAN: 220000	D: 2023-04-27 FD: 2023-04-27	1 investors

Grant Latest

2024-02-29

$1.1M

1 investor (Pro only)

Grant 2023-05-10

$500K

Grant 2023-04-27

$220K

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

D

Donald R. Cravins, Jr.

Interim President and CEO

L

Lisa Morris

Vice President of Integrated Marketing, Policy, and Strategic Engagement

K

Kimberlee Sauceda

Executive Assistant

A

Alberto (Al) Betancourt

Consultant, Director of Communications

J

Jordan Taylor

Marketing Manager

J

Jalia Kombe-Kajue

Marketing Coordinator

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