Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter into contract with the South Central Ohio Minority Supplier Development Council (SCOMSDC). Founded in 1972, SCOMSDC is an affiliate of the National Minority Supplier Development Council (NMSDC) and is dedicated to providing a direct link between Minority Business Enterprises (MBEs) and its corporate members, while promoting economic inclusion and entrepreneurship. With offices in Cincinnati, Columbus and Dayton, SCOMSDC has over 150 corporate members and 500 certified MBEs. SCOMSDC serves as a supply chain locator service, and provides MBE certification for over 150 corporations.
The MBE Academy provides a tailored suit approach to cultivating and strengthening MBE business relationships and day-to-day operations. Each business will go through an operational assessment to determine the health of their business. The MBE Academy focuses on the growth of the competitiveness of these targeted minority businesses by providing hands on individualized organizational assessments and strategically connect them to corporate/government opportunities.
FISCAL IMPACT: This legislation authorizes the expenditure of $60,000 from the Jobs Growth Fund.
Emergency action is requested to ensure the South Central Ohio Minority Business Development Council continues to offer programming without interruption.
Title
To authorize the Director of the Department of Development to enter into contract with the South Central Ohio Minority Supplier Development Council for the purpose of supporting the MBE Academy; to authorize the appropriation and expenditure of $60,000.00 from the Jobs Growth Fund; and to declare an emergency. ($60,000.00)
Body
WHEREAS, the South Central Ohio Minority Supplier Development Council (SCOMSDC) was formed in 1972 as an affiliate of the National Minority Supplier Development Council and is dedicated to providing a direct link between Minority Business Enterprises...
Click here for full text