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Houston Minority Business Council A Powerful Connection.

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Presentation on theme: "Houston Minority Business Council A Powerful Connection."— Presentation transcript:

1 Houston Minority Business Council A Powerful Connection

2 HMBC Mission To actively involve its members in efforts that will increase and expand business opportunities and business growth for Minority Business Enterprises

3 HMBC Membership Facts Ethnic Status

4 HMBC Membership Facts Business Type

5 HMBC Membership Facts Business Structure Capability

6 Years In Business

7 How HMBC works for MBEs pProvides Nationwide referrals to corporations pDevelops corporate support for minority business opportunities pHouses the Houston Minority Business Development Center with experienced Business Consultants pOffers technical assistance and training through educational development seminars and scholarships

8 How HMBC works for Corporations pCertifies genuine minority business enterprises pProvides up-to-date referrals to corporate members seeking MBEs to fulfill product or service needs pProvides assistance in establishing minority business development programs pSponsors buyer trainings to assist in achieving purchasing goals pFunctions as a clearinghouse for information related to minority business development programs

9 HMBC’s Three-Fold Approach pMaximize added value of MBEs pIncrease visibility and exposure to opportunities pAssist in establishing credibility for MBEs

10 oProvide Information Newsletter Legislative Updates Quick Faxes & E-mails Business Opportunity Conferences Industry Best Practices Guide to Member Services Maximize Added Value Network

11 Maximize Added Value pEducate Suppliers MBE Executive Business Scholarships Educational Development Seminars EXPO Preparation Seminars Strategic Teaming Forums Second Tier Programs Professional Services Forums

12 Maximize Added Value pSurround with Resources Quarterly Orientations Business Consortium Fund Corporate Mentor Program On-Site Business Consultants

13 Increase Visibility and Exposure pMBE Member Directory Online Directories Professional Services Website pQuarterly Networking Luncheons pQuarterly MBE Mini-Trade Fairs pAnnual Sports Classic

14 Increase Visibility and Exposure pEXPO Business Opportunity Market Place September 9, 2004  8:00 a.m. - 4:00 p.m. George R. Brown Convention Center Second Tier EXPO for Prime Suppliers EXPO One-to-One Sessions EXPO Reception

15 Build Credibility pBecome Involved pAttend Events pLeverage HMBC’s Reputation pUtilize Industry Best Practices pPromote the Validity of Certification

16 Step 1: Complete Application Step 2: Initial Review & Desk Audit Step 3: Site Visit Step 4: Certification Committee Review Step 5: Board of Directors Approval HMBC’s Certification Process

17 pProof of minority status & citizenship Birth certificate US passport Drivers license with voter registration card pResumes of all principals, key employees and stockholders pPrior Year’s federal tax return including schedules pCurrent financial statement Balance and income statements pAssumed name certificate in the county of residence Certification Documentation

18 pPartnership agreement Must show 51% of business is owned and controlled by the minority applicant including buy-out rights and profit sharing agreements pCertificate of incorporation or organization Articles of incorporation and bylaws with amendments Minutes of organizational meeting and last meeting where officers were elected Both sides of stock certificates including the next consecutive number that is not issued Stock transfer ledger and stock options outstanding All agreements that restrict ownership and control Certification Documentation

19 Certification Made Easy HMBC State of Texas (HUB) Regional Minority Supplier Development Council (NMSDC) City of Houston Private Corporations


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