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The (NYNJMSDC) signed a memorandum of understanding with the State of New Jersey in June during the council’s Business Opportunity Expo 2009 in New York City.
New Jersey State Treasurer David Rousseau signed the MOU. The agreement permits minority businesses certified by the NYNJMSDC and Pennsylvania-New Jersey-Delaware MSDC to bid on state contracts. The The NYNJMSDC, which initiated the MOU, has signed similar agreements with New York State and New York City.
“This MOU advances the joint goal of the state and the council, which is to support and help minority-owned business enterprises compete for procurement opportunities. More specifically, the agreement allows council-certified minority-owned businesses who are not yet registered with the state to obtain state certification through an expedited and streamlined process,” said Rousseau. “Governor Jon Corzine has made the economic success of small, minority and women-owned businesses a top priority of his administration and the agreement signed today creates more opportunities for businesses to succeed.”
“This is an important agreement. The council’s New Jersey minority businesses reflect the diverse multicultural population of the state. This is a win-win situation for New Jersey and minority businesses. New Jersey receives a pool of accomplished businesses and minority businesses gain growth opportunities,” said Lynda Ireland, Director of the New York & New Jersey Minority Supplier Development Council. “It’s imperative that small businesses are given the opportunity to grow,” says Ireland. “Minority businesses positively enhance their communities, which in turn, helps the nation.”
The council’s Business Opportunity Expo is considered New York City’s top conference on outsourcing to minority businesses. There were over 600 attendees at the one-day expo emphasizing the theme “Staying in the Game: Winning in the New Economy.” It was packed with a breakfast, luncheon, evening reception, a chief procurement officer workshop, seminars and the popular trade fair. Attendees networked with some of the nation’s leading supplier diversity executives and minority business owners.
“This year, the council has witnessed some of our major corporate me mbers dissolving, merging and restructuring. Still, our corporate members have remained committed to supplier diversity,” said Ireland. “Even in this challenging economy, several of our minority business owners have reported business expansions. This has led to job growth in communities.”
Speakers included Harvard MBA graduate Kwame Jackson, founder of the neckwear line Krimson by Kwame and star of “The Apprentice,” and former NBA player Walter Bond, president of Walter Bond Worldwide and a national franchise owner, who discussed using sports techniques to achieve business success.
John E. Lane, Bank of New York Mellon’s executive vice president, general services and corporate real estate sector, was Coincidentally, this year marks the bank’s 225th anniversary. The MBE co-chair was Karen J. Martinez, founder and president of New Jersey-based Bravo! Building Services, one of the largest Hispanic and women-owned businesses in the nation. The luncheon host was DeMarco Morgan, WNBC-TV anchor-reporter. Sponsors included the Bank of New York Mellon, Bravo! Building Services, Con Edison, MasterCard Worldwide, PepsiCo and PSEG.
In 2008, the council New York & New Jersey Minority Supplier Development Council earned the prestigious “Council of the Year Award” from the National Minority Supplier Development Council over 38 regional councils nationwide, making it the leading supplier diversity council in the nation. The council has over 200 corporate members, including Fortune 500 corporations, government agencies and educational institutions. Currently, 1,300 New York and New Jersey African-American, Asian-American, Hispanic-American and Native-American businesses with annual revenues from $100,000 to $3 billion are certified by the council.
For more information, contact the NYNJMSDC at 212-502-5663 or www.nynjmsdc.org
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