orientation presentation feb 2010

8/9/2019 Orientation Presentation Feb 2010

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105 W. Adams Street, Suite 2300 Chicago, IL 60603 PH: 312-755-8880 FX: 312-755-8890

February 18, 2010February 18, 2010

WelcomeWelcome

CMSDCCMSDCOrientationOrientation


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Chicago Minority SupplierChicago Minority Supplier

Development Council, Inc.Development Council, Inc.

(CMSDC)(CMSDC)

MISSIONMISSION

To be the premier organization for increasingTo be the premier organization for increasing

value added business opportunities betweenvalue added business opportunities between

major buying organizations and minoritymajor buying organizations and minority--owned business.owned business.


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Members and AffiliatesMembers and Affiliates

CMSDC services over 150 local and nationalCMSDC services over 150 local and nationalcorporate members.corporate members.

CMSDC provides procurement, growth andCMSDC provides procurement, growth and

professional development opportunities to overprofessional development opportunities to over1,100 certified minority supplier (MBE) affiliates1,100 certified minority supplier (MBE) affiliates(African American, Hispanic American, Asian(African American, Hispanic American, AsianAmerican and Native American).American and Native American).

One of 38 regional affiliate councils of theOne of 38 regional affiliate councils of theNational MinoritySupplier DevelopmentNational MinoritySupplier DevelopmentCouncil, Inc. NMSDC links over 15,000 MBEsCouncil, Inc. NMSDC links over 15,000 MBEsand over 3,500 corporate members.and over 3,500 corporate members.


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CMSDC MBE EthnicCMSDC MBE Ethnic

BreakdownBreakdownCMSDC Ethnicity Breakdown

43%

32%

24%

1%

African American

Asian American

Hispanic American

Native American


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AccomplishmentsAccomplishments

Now in its 42Now in its 42ndnd year, CMSDC has provided ayear, CMSDC has provided a

central network where minority suppliers andcentral network where minority suppliers and

corporate buyers meet and develop sustainablecorporate buyers meet and develop sustainablebusiness linkagesbusiness linkages

Corporate members have reported over $3.5Corporate members have reported over $3.5

billion in annual purchases from minority firmsbillion in annual purchases from minority firms MBEs have reported over 20,000 employeesMBEs have reported over 20,000 employees

annuallyannually


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Why Supplier Diversity?Why Supplier Diversity?


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Why Supplier DiversityWhy Supplier Diversity

Economic Sustainability is at the core ofEconomic Sustainability is at the core of

Supplier DiversitySupplier Diversity

Supplier Diversity offers an economic modelSupplier Diversity offers an economic model

that ensures sustainability based on providing athat ensures sustainability based on providing a

growing market of diverse consumers that moregrowing market of diverse consumers that more

fully reflects the face of America today andfully reflects the face of America today andtomorrowtomorrow


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Why Supplier DiversityWhy Supplier Diversity

Minority suppliers hire more minorities whichMinority suppliers hire more minorities which

creates more disposable income fromcreates more disposable income from

traditionally brand loyal consumerstraditionally brand loyal consumers Inclusion of diverse suppliers ensures moreInclusion of diverse suppliers ensures more

creative, costcreative, cost--saving business solutionssaving business solutions

Guarantees a growing customer base that allowsGuarantees a growing customer base that allowsorganizations to continue to thriveorganizations to continue to thrive


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How We Get It DoneHow We Get It Done

CMSDC Programs and ServicesCMSDC Programs and Services


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Chicago Business Opportunity FairChicago Business Opportunity Fair

(CBOF)(CBOF) Now in its 43Now in its 43rdrd successful year, CBOF presentedsuccessful year, CBOF presented

annually includes a trade fair, workshops andannually includes a trade fair, workshops and

various networking eventsvarious networking events CBOF draws nationally over 3800 corporate andCBOF draws nationally over 3800 corporate and

government buyers and MBEs that exhibit andgovernment buyers and MBEs that exhibit and

network over three daysnetwork over three days

Targeted workshops are presented for both MBEsTargeted workshops are presented for both MBEs

and large buying organizations focused on supplierand large buying organizations focused on supplier

diversity training and supplier developmentdiversity training and supplier development


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Procurement DatabaseProcurement Database

CMSDC maintains an internet based databaseCMSDC maintains an internet based database

with over 1,100 certified MBEswith over 1,100 certified MBEs

Large corporate and government buyers rely onLarge corporate and government buyers rely on

this database to support their supplier diversitythis database to support their supplier diversity

programs and access quality suppliersprograms and access quality suppliers


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Networking OpportunitiesNetworking Opportunities

Procurement LuncheonsProcurement Luncheons

Beginning in January 2006, ProcurementBeginning in January 2006, Procurement

Luncheons have been held monthly at aLuncheons have been held monthly at a

restaurant near the loop.restaurant near the loop.

Each Procurement Luncheon will feature aEach Procurement Luncheon will feature a

Member Corporation as the speaker to discussMember Corporation as the speaker to discuss

opportunities within their organizations andopportunities within their organizations andhowMBEs can be included.howMBEs can be included.


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Chicago & Gary MinorityChicago & Gary Minority

Business Opportunity CentersBusiness Opportunity Centers

(MBOC)(MBOC)

CMSDC operates this program. Its mission andCMSDC operates this program. Its mission and

goal is to increase opportunities for MBEs togoal is to increase opportunities for MBEs togain procurement contracts from corporationsgain procurement contracts from corporations

and government agencies, obtain capital, andand government agencies, obtain capital, and

enhance management skills.enhance management skills.

Funded by the MBDA, USDept. ofCommerceFunded by the MBDA, USDept. ofCommerce


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Chicago MinorityChicago Minority

Business Enterprise CenterBusiness Enterprise Center

Focus on MBEs located within the StateFocus on MBEs located within the State

MinorityBusiness Development AgencyMinorityBusiness Development Agencyprogram that provides services MBEs ofprogram that provides services MBEs ofIllinoisIllinois

Participant in MBDAs new strategic growthParticipant in MBDAs new strategic growth

initiative which seeks to work with MBEsinitiative which seeks to work with MBEswhose annual sales are $500,000 or greaterwhose annual sales are $500,000 or greater


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Mission and PurposeMission and Purpose

MissionMission Provide Business Advisory,Provide Business Advisory,

Procurement and Financial Services to MBEsProcurement and Financial Services to MBEswith Revenues of $500,000with Revenues of $500,000

Partnership between Chicago CommunityPartnership between Chicago Community

Ventures (CCV) and Chicago MinoritySupplierVentures (CCV) and Chicago MinoritySupplier

Development Council (CMSDC)Development Council (CMSDC)


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Products and ServicesProducts and Services

Business AssessmentsBusiness Assessments

Capital Acquisition and Direct Loan ProgramCapital Acquisition and Direct Loan Program Strategic Growth PlansStrategic Growth Plans

Seed $5,000 awards for business servicesSeed $5,000 awards for business services

Market research and analysis reportsMarket research and analysis reports


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Reciprocal CertificationsReciprocal Certifications

NMSDC Affiliated CouncilsNMSDC Affiliated Councils

City ofChicagoCity ofChicago

State of IllinoisState of Illinois Department ofCentralDepartment ofCentral

Management ServicesManagement Services

Metra (DBECertification)Metra (DBECertification)


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Mergers and Acquisitions ProgramMergers and Acquisitions Program

Operated in partnership with CMSDC and theOperated in partnership with CMSDC and theChicago MBOC to growMBEs larger, fasterChicago MBOC to growMBEs larger, faster

Offers a platform and network where preOffers a platform and network where pre--qualified minority businesses and minorityqualified minority businesses and minorityinvestor groups have access to M&A servicesinvestor groups have access to M&A servicesand business opportunitiesand business opportunities

Enables corporations to add diversity to theEnables corporations to add diversity to thecorporate development process and to helpcorporate development process and to helpmeet their need for larger minority suppliersmeet their need for larger minority suppliers


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Professional DevelopmentProfessional Development

Corporate Bridges is a program which provides trainingCorporate Bridges is a program which provides training

to MBEs in the areas of marketing, management,to MBEs in the areas of marketing, management,

finance and other business curriculumfinance and other business curriculum

CMSDC coCMSDC co--sponsors executive training programs forsponsors executive training programs for

MBEs with KelloggGraduate School ofBusiness atMBEs with KelloggGraduate School ofBusiness at

Northwestern University and Amos TuckGraduateNorthwestern University and Amos TuckGraduateSchool ofBusiness at Dartmouth UniversitySchool ofBusiness at Dartmouth University


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Access to CapitalAccess to Capital

Business Consortium Fund (BCF) is a loan fundBusiness Consortium Fund (BCF) is a loan fund

that provides working capital to MBEs holdingthat provides working capital to MBEs holding

contracts with CMSDC corporate memberscontracts with CMSDC corporate members


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CMSDCCMSDC

Your partner in sustainable economic growthYour partner in sustainable economic growth


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Staff MembersStaff Members

Shelia C. Hill:Shelia C. Hill: President/CEOPresident/CEO Phillip Barreda:Phillip Barreda:Executive Vice PresidentExecutive Vice President Cynthia Jordan:Cynthia Jordan: Director of EventsDirector of Events Gloria Blake:Gloria Blake: Project Manager / Executive AssistantProject Manager / Executive Assistant Shondra E. WatsonShondra E. Watson--Wilson:Wilson: Certification Coordinator / MBE RelationsCertification Coordinator / MBE Relations Sue Watson:Sue Watson:AccountantAccountant Sylene Peterson:Sylene Peterson:Administrative Assistant / EventsDepartmentAdministrative Assistant / EventsDepartment Gwen Jones:Gwen Jones: Procurement AnalystProcurement Analyst Julia Guan:Julia Guan: Certification / IT SpecialistCertification / IT Specialist Hans Bonner:Hans Bonner: ProjectDirector, Chicago MBECProjectDirector, Chicago MBEC

D

avid Th

omas:D

avid Th

omas:ExecutiveD

irector, Chicago MBOCExecutiveD

irector, Chicago MBOC Harith Razaa:Harith Razaa: Strategic Business to Business Specialist, Chicago MBOCStrategic Business to Business Specialist, Chicago MBOC Michele Sutton:Michele Sutton: Client Relations Specialist, Chicago MBOCClient Relations Specialist, Chicago MBOC Tricia Wynn:Tricia Wynn: ProjectDirector, Northwest Indiana MSDCProjectDirector, Northwest Indiana MSDC Harold Puckett:Harold Puckett:ExecutiveDirector, Gary MBOCExecutiveDirector, Gary MBOC Pamela Johnson:Pamela Johnson:Matchmaking Specialist, Gary MBOCMatchmaking Specialist, Gary MBOC


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Questions & AnswersQuestions & Answers

Open DiscussionOpen Discussion

orientation presentation feb 2010

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