NEW YORK — The National Minority Supplier Development Council (NMSDC) has received a multi-year, $3 million Capital Readiness Program grant from the Minority Business Development Agency (MBDA) to launch the MBE Center for Accelerated Growth and Innovation. Thanks to the initial support of the MBDA, NMSDC will launch this transformation center to scale historically underrepresented certified socially economically disadvantaged individuals (SEDIs) and focus on minority business enterprises (MBEs). NMSDC’s existing national geographic reach, its deep partnerships with the nation’s top Fortune 500 corporations, and its experience with state/local government make it well-positioned to help SEDIs scale their businesses to meet…
Author: Black Community
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WASHINGTON, D.C., – Vice President Harris recently announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses. Once final awards are made, the awardees will launch and operate business incubators or accelerators designed to prepare underserved entrepreneurs to secure capital from the historic $10 billion State Small Business Credit Initiative (SSBCI) and other capital sources. The launch of the Capital Readiness Program marks a monumental milestone for MBDA, following the Agency’s enactment as a permanent Federal Agency in November 2021…
BestColleges is excited to announce that we are now accepting applications for our inaugural scholarship opportunity for Black Women in STEM. This scholarship is part of BestColleges’ ongoing commitment to supporting students, particularly those from historically marginalized communities, by providing them with opportunities for success. Black women remain underrepresented in STEM fields, despite the growing demand for talent in these industries. Eligibility Requirements In order to participate in the scholarship, applicants must meet the following criteria: All essay submissions should be sent: https://www.bestcolleges.com/scholarship/ To find out more about our scholarship opportunity, please visit our official scholarship page
The National Minority Supplier Development Council sparks opportunities to the challenges minority businesses face Minority-owned businesses (defined as businesses that are at least 51% owned by people of Asian-Indian, Asian-Pacific, Black, Hispanic or Native American descent) have been disproportionately affected by the inflation. According to the NMSDC 2022 Minority Businesses Economic Impact Report, Black businesses are feeling a bigger impact as they only generated a 4.6% revenue increase from 2021. While this has been a challenging year, we believe many minority-owned companies may possess the exact combination of innovation and creativity needed to not only survive the inflation but thrive…
By Natalie Rodgers The saying “dress for the job you want” is still crucial advice when it comes to an interview. Even if you have the desired attributes and skillsets to your employer, wearing a sloppy or inappropriate outfit can greatly decrease your chances of being hired and being taken seriously. Picking the right outfit, however, will not only show your potential employer that you care for yourself and the occasion, but will give you the confidence to proceed through the interview as your best self. Here’s what you need to know when it comes to dressing for your interview day:…
By Belva Anakwenze Given the current state of life as we know it, finances are top of mind for everyone right now. The accounting industry, known for its quick burnout, is included in that conversation. My career started in corporate America, working long days and nights, to ensure the company’s months would fiscally close on time. In addition to the long hours as month-end neared, I felt like a cog in a wheel and undervalued. Before I decided to leave the corporate machine, I saw numerous peers promoted into leadership roles for reasons like length of service or technical skill.…
On June 19, 1865, enslaved African Americans in Texas were told they were free. A century and a half later, people across the U.S. continue to celebrate the day, which is now a federal holiday. Juneteenth, an annual commemoration of the end of slavery in the United States after the Civil War, has been celebrated by African Americans since the late 1800s. President Biden signed legislation in 2021 that made Juneteenth, which falls on June 19, a federal holiday, after interest in the day was renewed during the summer of 2020 and the nationwide protests that followed the police killings…
Saundra B. Curry, co-founder and chief operating officer, BC Holdings of Tennessee, LLC, was recently honored as one of the Nashville Business Journal’s 2023 Women of Influence in the Entrepreneur of the Year category. The annual Women of Influence awards luncheon was held on April 25th at Nissan Stadium for a sold out crowd of nearly 400 attendees. Curry was selected for this honor due to her commitment to financial education and creating the company’s innovative online platform, Destination: Financial Wellness (DFW). She has a proven track record impacting thousands of employees in federal government, higher education and corporations to…
By Charna Flam, Jazz Tangcay, Angelique Jackson, Variety- Oprah Winfrey and Steven Spielberg have reunited to revive “The Color Purple” into a movie musical, directed by Blitz Bazawule. After debuting footage for distributors at CinemaCon last month, Warner Bros. has released the first trailer for the new adaptation, which is set to premiere in North America on Dec. 25. The film will open internationally beginning Jan. 18, 2024. The trailer features visually bold motifs as it takes audiences inside Celie’s headspace with “American Idol” winner Fantasia reprising her Broadway role, in her major motion picture debut. It also gives an…
The Top LGBTQ+ Friendly list was compiled from market research, independent research, diversity conference participation and survey responses that were performed by DiversityComm’s agents and/or affiliates. This year, hundreds of companies participated. The final results are published in the summer issue of Black EOE Journal and available on digital and print newsstands mid-July. Published by DiversityComm, Black EOE Journal is dedicated to promoting the advancement of Arican-Americans in all aspects of education, business and employment to ensure equal opportunity. DiversityComm also publishes HISPANIC Network Magazine, Professional WOMAN’s Magazine, U.S. Veterans Magazine, Diversity in STEAM Magazine and DIVERSEability Magazine. 2023 Top…
