A Message from the CEO
With over 20 current reported cases of coronavirus in North Texas, the Dallas/Fort Worth Minority Supplier Development Council is implementing the following proactive measures in consideration of Council stakeholders, certified MBEs, staff and the MBDA-Dallas.
Effectively immediately, the offices of the D/FW MSDC and the MBDA-Dallas will be closed to the public. All on-site events, meetings and appointments are postponed.
Despite the disruption, our staff will still be working, and business can be conducted by phone, email and online resources.
It is our intent to continue to provide information to stakeholders in these uncertain times. We will conduct our monthly certification workshops by webinar. New and renewal certification applications can be forwarded via US mail or sent electronically.
We appreciate your understanding and look forward to continuing to serve you. You can keep abreast of D/FW MSDC information and notices by visiting our website or watch for further emails direct from the Council.
Margo J. Posey
NOTE: Because of precautions related to the corona virus (COVID-19), the Dallas/Fort Worth Minority Supplier Development Council is rescheduling events, seminars and activities normally presented by the Council. Please look for information directly from D/FW MSDC or check back here for updates and further information.
1:00 pm – 2:00 pm over the next 4 weeks
D/FW MSDC is hosting 4 Pre-Certification Workshop Webinars over the next few weeks. Find out everything you need to know to certify your minority-owned business — qualifications, process, advantages and more.
CLICK ON THE APPROPRIATE BUTTON BELOW TO REGISTER TO ATTEND THE WEBINAR.
MBE VIRTUAL HAPPY HOUR
“Blue Ocean Thinking”
April 23, 2020
Join us virtually as we join forces to talk about what’s next and where we ALL go from here – focus, operations, opportunities…
Your Input Is Needed and Welcomed
A CONVERSATION with
MARGO J. POSEY
D/FW MSDC CEO/President
April 21, 2020
What’s on your mind?
Let us hear from you – your questions, suggestions and input.
Please plan for an informal virtual session about the things impacting you and your business during this Stay-at-Home regulated environment. Plus, we’ll impart any new developments we have about navigating for now and post-Covid-19.
20/20 Focus on Meaningful Business Connections
July 20-21, 2020
Irving Convention Center
Mark your calendar! New Features have been added! Get ready for Commodity-Driven Round Tables, One-on-One MatchMakers,, Interactive Expo Floor Opening & Closing Reception – Cyber Lounge – Luncheon State of Texas Spot Bid Fair – And More … Watch for more details.
BUY THOSE THAT BUY USTM
Part 2– Minority Inclusion Spend Numbers Survey
Share your minority business spend information. ALL INFORMATION IS KEPT CONFIDENTIAL.
Watch for further details on the Recognition Ceremony for 2020 BTTBU(tm) Champions!
Responses should reflect your efforts in working with D/FW MSDC Certified Minority-Owned Businesses and your impact upon the North Texas Region.
To submit Part 1 Essay Responses CLICK HERE.
D/FW MSDC Past Events
It’s hard to believe it was just a few weeks ago that we were enjoying in-person networking, eating BBQ, taking business and socializing (not the distant kind). HARD HAT 2020 had more than 80 exhibitors and more than 750 attendees from the construction industry talking business.
Times have changed, but HARD HAT reminds us that we are all connected and ready to do business now and in the future. A few ways of doing business may change over time, but we are all probably more savvy about how technology can help us improve our business connections.
Stay safe and we will see you when we next host an in-person event in the future. — D/FW MSDC
The D/FW MSDC Board of Directors was installed in office on January 28, 2020. Presiding over the oath of office was Dallas County Commissioners Court Judge, Clay Jenkins. Judge Jenkins, in keeping with the mission and theme of the Council, spoke prior to the swearing-in ceremony about the continued need for constituents and directors to uplift the underserved communities and back educational growth and development of the workforce. He applauded the Council for its work with minority-owned businesses and congratulated Council President and CEO, Margo J. Posey, on leading the diversity efforts for Dallas County.
Prior to Judge Jenkins, the attendees heard comments from Adrienne Trimble, CEO of the National Minority Supplier Development Council and Bonnie Clinton, D/FW MSDC Chair of the Board of Directors and Vice President and CPO, Indirect Procurement Shared Services at Toyota Motor North America. Ms. Trimble provided comments on the direction of the NMSDC for 2020, while Ms. Clinton provided comments on her vision for D/FW MSDC going forward. Each encouraged participation by constituents and emphasis on our mission and goals to drive more minority business inclusion in order impact our local communities.
The installation ceremony was followed by a reception where attendees had a chance to mingle and talk with board members and visiting guests, including public officials and their representatives.
Jason L. Saving, PhD, and Communications and Outreach Senior Economist and Advisor at the Federal Reserve Bank of Dallas entertained the crowd of attendees at the recent D/FW MSDC Economic Summit held on January 28, 2020 at the Irving Convention Center. Saving provided insightful observations on the reasons for the apparent thriving economic health of North Texas. His comments also pointed out that while the economy was strong, there were still those in underserved communities that were not fairing as well. He was excited to be a part of talking with the attendees and valued the chance to interact with the Council and its mission of facilitating business connections between minority-owned businesses and corporations and government entities.
Saving kept the crowds interest with discussions on the health of housing, education, talent/workforce, unemployment and other factors impacting our economy. Like many others, he believes our ability to train and grow a skilled workforce for future jobs and opportunities is one of the biggest challenges facing our rapidly growing North Texas economy.
Saving has also written policy-relevant articles on state and local fiscal issues that impact Texas and the Eleventh Federal Reserve District. Among the questions he has examined are why property taxes rose so rapidly in the years after the Great Recession, whether the poor bear a disproportionate share of the state’s overall tax burden and why Texas has a relatively low percentage of people covered by health insurance. A recurring theme of these articles is that public policy decisions have important consequences for equity and economic efficiency.
Saving holds a BA in mathematical economic analysis from Rice University and MA and PhD degrees in economics from the California Institute of Technology. He has taught economics and business courses at George Mason University, the University of Texas at Dallas and Baylor University’s executive MBA program in Dallas.
For additional information papers researched and written by Saving visit www.dallasfed.org or review this link: https://www.dallasfed.org/~/media/documents/research/papers/2012-1.html.
Betty Manetta, Chair of the MBE Input Committee and CEO of Argent Associates sat down for a Fireside Chat with Bonnie Clinton, Chair of the D/FW MSDC Board of Directors and Vice President and CPO, Indirect Procurement Shared Services, Toyota Motor North America. The event took place on January 22, 2020 at the D/FW MSDC Council Offices. Certified minority-owned businesses representatives and supplier diversity professionals attended this session where Bonnie shared her vision for the Council in 2020 and how each of us could participate and help in directing the path of the organization. She provided attendees with first-hand knowledge on the “Toyota Way” of being able to work together and value the talents of all people, plus continually looking for ways to improve. Key takeaways included:
- Collaborate with others and partner when it makes sense.
- Use technology – the difference maker in any business. Be aware of what technologies are impacting your industry, your operations and where it is headed.
- Know what problem you are solving. It’s okay to pitch what you do, but also know and be able to communicate how you can help solve a problem.
- Think long term – have a succession plan. More and more Buying Entities want to make sure they are doing business with those that have long term view of their business and are reducing risk for the buyer.
- Participate in business events and take advantage of every opportunity to learn and grow your business.
Toyota and Bonnie are one of the best ambassadors for the work of the Council, not only because of her ability to deliver impactful messages, but because she lives the words in all she does. The additional officers of the MBE Input Committee were also introduced. They are Silvana Rosero, 1st Vice Chair and CEO of Laguna Media Group, Pamela Nelson,
2nd Vice Chair abd CEO of Bracane Company and Tracy Green, Secretary and CEO of TinMan Enterprises. Margo J. Posey, CEO and President of D/FW MSDC closed out the program.
What We Do
D/FW MSDC certifies ethnic minority-owned businesses for our Buying Entity members to utilize in their supply chain.
D/FW MSDC facilitates business connections between Buying Entity members and certified ethnic minority-owned businesses.
Through our programs and events, D/FW MSDC strengthen supplier diversity initiatives and build scalability certified ethnic minority-owned businesses.
2019 North Texas Results
Reported MBE Revenues (Billions)
Employees Reported by Certified MBEs
Number of Certified D/FW MSDC MBEs
Regional & National Buying Entities
North Texas Cities Impacted by MBEs
Bids, Referrals & Plans Disseminated
If you missed the 2019 E Awards Gala, you missed a fabulous night filled with finely dressed people, awards and recognition, plus a fun-filled Afterglow with the band 2bi! Thank you all for a grand evening!
CLICK HERE to enjoy the photo album.
CLICK HERE to visit the Red Carpet interviews.
CLICK HERE to view the complete 2019 E Awards Program Souvenir Booklet.
In the News
2019 Buy Those That Buy UsTM
The Dallas/Fort Worth Council is continually working to provide services and tools that help our stakeholders. This includes expert consultation support and enhanced connection tools.
Join the D/FW MSDC Membership Community
BUYING ENTITIES — Now you can have access to more than 900 D/FW MSDC Certified Minority Business Enterprises online – Available 24/7
MBEs — Help buyers locate you for opportunities! Plus, now your business profile can show what you really do!
D/FW MSDC offers expert assistance in developing your personalized bonding package for submission to a bonding broker, based upon your individual needs and circumstances.
- One-on-one assistance provided by an experienced professional with proven results.
- Upon “readiness,” introduction and connection to a bonding underwriter.
- If needed, assistance with steps to make you “bond ready” quicker.
- NO CHARGE for assessment/readiness support for D/FW MSDC certified MBEs.
QUESTIONS? Call 866.448.7113 (Live operator available 24/7)