July 11, 2011

The mission of the Greater New England Minority Supplier Development Council is to significantly increase business relationships between our corporate members and our certified MBEs. We believe that minority business development is a key component of reducing poverty, unemployment, increasing wealth, and integrating American society. You are receiving this email in order to keep you abreast of developments with the Greater New England Minority Supplier Development Council, Supplier Diversity Issues and Minority Business Development. If you like what you read please share internally and externally.

GNEMSDC Business Opportunity Expo Date Changed! - New Dates October 3 through October 5

The GNEMSDC Expo that was originally planned and advertised for September 26 to September 28 has been changed to Monday October 3 through October 5 at the MGM Grand at Foxwoods.

The reason for the change was a number of conflicts on the originally scheduled dates between our show and the Federal Government's Minority Enterprise Development Week program in Washington, DC from September 27 through September 30. Many of our corporate members and certified MBEs attend MED Week either because the Federal Government is often their largest customer and this is the premier Federal government event focusing on supplier diversity.

The MED Week event is also an event that the GNEMSDC may have a role in this year. So for these reasons, we have moved the dates. I apologize for any inconvenience this change may have caused. We look forward to seeing you at perhaps both programs now instead of neither.


Volunteer opportunity available - Contact Volunteer Coordinator

MBE of the Week - Kota Global Securities (KGS) and Kota Global Social Ventures (KGSV)

KGSKota Global Securities (KGS) and Kota Global Social Ventures (KGSV) are strategically linking access to capital through our financial services firm to innovative community reinvestment through our sister social enterprise-providing our clients and partners with a triple bottom line return through our participation in corporate share repurchase programs.

We are committed to:


  • outstanding transactional execution meeting corporate treasury goals at the highest level
  • expanding best practices of supplier diversity initiatives to include an underrepresented practice area: financial services
  • amplifying corporate social responsibility and citizenship programs through Kota's hybrid-model: 20% of operating revenues are contributed to KGSV to reinvest in communities

Overview:

Kota Global Securities (KGS) is a full service, minority-women business enterprise broker-dealer (MWBE BD) with equity trading capabilities in 40+ countries and an industry-leading commitment of 20% of operating revenue and investment banking underwriting fees to support Kota Global Social Ventures, LLC-our sister philanthropic company. KGS' products and services include equity and transition trading, research, corporate access and advisory, along with share repurchase capabilities. We have a collective 100+ years of experience handling share repurchase mandates from Fortune 500 clients executed by a seasoned team from top buy- and sell -side institutions and specialized boutiques.

Kota Global Social Ventures (KGSV) seeds and leverages innovation by supporting nonprofit organizations and for-benefit/for-profit social enterprises promoting access to capital and equity for individuals, families, and their communities through a range of social investment tools, including grants, loans, community investment notes, and Mission-Related Investments (MRIs). This spring, we launched our signature initiative, Completing the Circle, in two public high schools in New York City. Our pilot program partners with a global, financial education nonprofit; the curriculum was implemented by Kota's staff as volunteers working with 9th graders, including a College Aspirations component supporting visits to colleges/universities to jump-start the college preparation process. We are also mentoring a diverse pool of college and high school interns to learn more about financial services and philanthropy in order to grow the pipeline of young leaders in our industry. As resources permit, we will scale Completing the Circle to Philadelphia, Chicago, Los Angeles, the San Francisco Bay Area and globally.

As Kota grows, our community and social investments expand and deepen.

Kota Global Securities Overview

Kota Global Social Ventures Overview

Golf Alert! GNEMSDC Supplier Golf Classic - This Friday!

golf 2We are hoping for another beautiful day of golfing, networking, eating and fun this Friday. We also have an additional treat for golfers and volunteers. Jolly Therapeutic Massage, a newly certified MBE will be donating their time to make sure that golfers and volunteers have eliminated all of those kinks and muscle cramps that have developed over time. The matching of golfers has now been completed. Our goal in the matching was to put as many MBE "twosomes" together with Corporate Member "twosomes". In this way not only are we having fun, we are building relationships that we hope lead to business. So come on out and enjoy the day!

Contact Raffle Item Donation

Preview Raffle Items

2011 GNEMSDC Supplier Golf Classic

NMSDC Quarterly Meeting in Boston - July 19-21

Boston BackbayThe GNEMSDC will be hosting the NMSDC Quarterly Meeting in Boston at the Westin Copley from July 19 through July 21. We welcome the NMSDC executive staff and the leadership from the 36 regional councils.

GNEMSDC corporate members and certified MBEs are welcome to join us for the luncheons on Tuesday and Wednesday and on the Cruise of Boston Harbor on Wednesday, July 20. See the link for registration information. This should be a great event for the region as we showcase Boston, our corporate membership and our outstanding MBEs. The NMSDC Quarterly Meeting Agenda is full of activities and events for the primary stakeholders, Regional Presidents, MBEIC Chairpersons, Regional Council Chairpersons and the NMSDC executive staff, and there are events that are open to the GNEMSDC corporate membership and certified MBEs. Currently, we are up to about 200 guests for the public events including the luncheons, receptions and cruise. There is still room for more to register for this event. Call Andie Kim in the Boston office for details and registration assistance, 617-578-8900. We look forward to this important and exciting event.

Sherry Winston - Grammy Nominee to Entertain on the Cruise

WInston

We are very pleased to announce that Grammy nominated jazz flutist and certified MBE Sherry Winston will be our featured entertainer on the NMSDC Quarterly Meeting cruise on Wednesday, July 20. Come on out for what we believe will be an enjoyable evening of networking and fun as we welcome minority business development leaders from across the country.

NMSDC/GNEMSDC Upcoming Events, Activities and Information

Please take a close look at the events listed below. The links will take you to detailed information about the events. We will have more information for those events that do not currently have live links, but please mark your calendars and call the office.


Events and Activities


  • Annual Supplier Diversity Golf Classic - July 15, Lyman Orchards Golf Club
  • NMSDC Quarterly Meeting, Westin Copley Boston, July 18-21. (This meeting is for Regional MSDC Presidents, Regional Council Corporate Chairpersons, Regional MBEIC Chairpersons and NMSDC executive leadership. MBEs and corporate members who are not a part of the NMSDC leadership are welcome to register for luncheons and networking/cruise dinner on Boston Harbor, July 20. There are also advertising and sponsorship opportunities, call the office for details.)
  • Saved date for GNEMSDC 3rd Quarter Meeting at EMC Corporation on August 11: Please register today! and 3rd Quarter Meeting Agenda

Information


Non-GNEMSDC Events

Most of these activities our corporate members, MBEs and Council staff have been invited to attend. The links will take you to detailed information about the events.

If you have events and activities that you want to share with our network send us a PDF file at least two weeks before the event.

We reserve the right to publish or not publish events and activities.

Opportunities with Corporate Members

If you are a corporate member, and want the Council to spread the word about your opportunity we would be happy to do that for you anonymously and for free!

And Finally II & Essays on Minority Business Development

eBook cover

The Book is Now Available in Paperback!

Click here to Order Book Today!


Why you should buy?


Minority business owners who are looking for practical advice on better managing their enterprises will find a wealth of information in the book.

And anyone interested in the best practices in supplier diversity will find the book instructive and inspiring.


***All of the proceeds forthe book will be donated to the GNEMSDC. So this is a great way to have your own personal record of this historic time and support the Council. And since all proceeds are going directly to the GNEMSDC your purchase is tax deductible. Our plan is to only sell the book on line. You can read it on all I-Pads, other tables, cell phones and computers. Your purchase supports the work of the Council. Thank you for your support.

View Book Table of Content

And Finally...

Fred in ohioIt has been noted and often stated that minority business development is the last phase of the civil rights struggle. I do not think history is so neatly sequential, but I have been provided an excellent opportunity to learn and share my experiences with others as a newly appointed member of the U.S. Commission on Civil Rights Connecticut Advisory Committee.

The Commission was created by the Civil Rights Act of 1957. It's first fact finding action investigated voting rights abuses in Montgomery Alabama. Alabama Circuit Judge George Wallace ordered voter records be impounded and not available to the Commission. Judge Wallace went on to become Governor Wallace and voting rights became the focus of the 1965 Voting Rights Act. It is an honor and a privilege to serve on this Advisory Committee tjat has played an instrumental role in the democratic progress of this nation.

Last year the Connecticut Advisory Committee focused its attention on the achievement gap in Connecticut and the implication disparate educational performance has on equal opportunity.

We have not convened this term, but I believe one issue that would of interest to me would be to focus on the connection between opportunities for minority business enterprises and civil rights in minority communities. I will keep you posted.

US Commission on Civil Rights Press Release


In your service,

Dr. Fred

Copyright © 2011 by Dr Fred. McKinney, President/CEO of The Greater New England Minority Supplier Development Council. All rights reserved. No part of this online publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior written permission from Dr Fred. McKinney. The graphics, forms and structure contained within this site are copyright of Dr Fred. McKinney.

Dr. Fred McKinney

Greater New England Minority Supplier Development Council

203-288-9744

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