SCHOLARSHIPS

Education and development is a strong part of the development pillar of the Council. As part of our efforts in the area, we provide a number of opportunities for minority-owned businesses to win scholarships to further their education, growth and capacity. Outlined below are several annual opportunities:

E Awards Supplier of the Year

Each year the D/FW Minority Supplier Development Council chooses 4-5 certified minority-owned owned companies for E Awards Supplier of the Year. There are five different categories awarded:

  • Class 1 – companies with annual revenues less than $1 million
  • Class 2 – companies with revenues between $1 million and $10 million
  • Class 3 – companies with revenues between $10 million and $50 million
  • Class 4 – companies with revenues more than $50 million

Winners of these awarded attendance  at one of two minority business educational development courses

  1. The Amos Tuck School of Business at Dartmouth provides development and implementation support for creating a customer-focused strategic plan and financial tools to perform cost analysis and implement control systems.
  2. The Kellogg School of Business at Northwestern University where students will learn how to increase their understanding of the concepts/tools needed to compete successfully in the global marketplace. The also learn leadership and behavioral skills necessary to mobilize individuals and groups toward action. (This program accepts MBEs with annual revenues of $3-5 million or more.)

BUY THOSE THAT BUY USTM Scholarship

The Council annually distributes scholarship grants up to $5000 each to MBEs looking to grow their business and increases capacity. These awards are selected by a committee of Council Buying Entity Board Members after reviewing submissions by the MBE candidates.

The BTTBUTM Capacity Building Application requires that a) the MBE be certified by the Council for at least two years, b) the MBE can identify an exact amount and use for the funds, c) the MBE can demonstrate how receiving the award will help grow their business, and d) the MBE is in good financial standing with the Council.

 

For further information about scholarship opportunities, contact the Council staff.