Awards & Recognitions
OCT 22-25, 2023 BALTIMORE
The following awards and recognitions will be given out at the 2023 NMSDC Annual Conference & Exchange:
National Supplier of the Year
The National Supplier of the Year Award recognizes Asian-Indian, Asian-Pacific, Black, Hispanic, and Native American minority business enterprises (MBEs) for their business growth and development, operational success, support of other minority businesses, and active participation in the community. The honorees are divided into four categories, based on annual sales:
- Firms with less than $1 million in sales
- Firms with $1 million to $10 million in sales
- Firms with $10 million to $50 million in sales
- Firms with more than $50 million in sales
No application is necessary. One Regional Supplier of the Year winner from each sales band is named National Supplier of the Year. Please consult your regional council for application procedures for Regional Supplier of the Year.
National Corporation of the Year
The National Corporation of the Year Award recognizes an NMSDC national corporate member for their MBE inclusion and development, supplier diversity program success, support of tier II minority businesses, and active participation in the community. The honorees are divided into five categories based on annual sales:
- Corporations with less than $10 billion in sales.
- Corporations with $10 billion to less than $50 billion in sales.
- Corporations with $50 billion to less than $100 billion in sales.
- Corporations with $100 billion to less than $150 billion in sales.
- Corporations with $150 billion in sales or more.
One Regional Corporation of the Year winner from each sales band is named National Corporation of the Year. Please consult your regional council for application procedures for Regional Corporation of the Year.
The Forefront 50: Top Corporations for Minority Business
The Forefront 50 are NMSDC corporate members that are leveling the playing field and ensuring access and equity for systematically excluded communities of color.
Emerging Young Entrepreneurs Pitch Competition
The Emerging Young Entrepreneurs (EYE) program is a year-long program uniquely designed to provide the next generation of minority entrepreneur participants ages 19-35 with support to enhance their growing business. Business owners receive guidance from corporate sponsors, MBEs, and additional stakeholders. The program utilizes an interactive pre and post-conference curriculum along with five days of hands-on training and practical application. Participants are provided the skills, tools, and strategies to start or grow their innovative businesses.
As part of the program, participants hone their pitch to investors for a chance to showcase their company at the NMSDC Annual Conference & Exchange. Five finalists will enter the EYE Pitch Competition for a chance to win a grant to support expanding their business.
Minority Business Development Leader of the Year
The Minority Business Development Leader of the Year disrupts the status quo, advocates for minority businesses and minority suppliers, connects suppliers with different levels at their organization, goes above and beyond the line of duty to provide support for minority businesses, and supports other initiatives in minority business development.
Harriet R. Michel Award
The Harriet R. Michel Award recognizes a fundamental figure in NMSDC’s legacy – “present at the creation” of the supplier diversity movement and for a record of service to the mission of NMSDC and to the greater cause of supplier diversity and economic inclusion.
President's Legacy Award
The President's Legacy Award is presented to a supplier diversity professional at an NMSDC national corporate member company who has gone the extra mile to make a significant impact in the field of minority supplier development. This individual recognizes the importance of developing and nurturing partnerships with diverse suppliers and the potential for those relationships to drive change and foster inclusion.
Council of the Year
Recognizes an exemplary Affiliate Council demonstrating the programs, activities, and accomplishments which establishes it as a model of organization, operation, and success. The Affiliate Council is reviewed for image, accomplishments, activities, and leadership over the previous calendar year.
As a sponsor of the Minority Business Economic Forum, you stand at the flashpoint of an economic equity revolution. One fueled not just by public statements of support, but by an exponential acceleration toward $1 trillion in revenue, wealth, and opportunity. Toward a prosperity that is generative and transformative — for the certified minority businesses and communities gaining contracts, employment, and economic resilience, and for a world that is made far better by their contributions to it.
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