Transcript Document
Houston Minority Business Council
A Powerful Connection
HMBC Mission
To actively involve its members in efforts that will
increase and expand business opportunities and
business growth for Minority Business Enterprises
HMBC Membership Facts
Ethnic Status
Asian-Indian
80
NativeAmerican
26
Hispanic
336
Asian-Pacific
98
AfricanAmerican
477
HMBC Membership Facts
Business Type
Construction
59
Service
Contractors
609
Distributors
142
Manufacturer
88 Manufacturer
Rep
20
Brokers/Agent
7
Consultant
Professional
92
HMBC Membership Facts
Business Structure
Sole
Proprietors
267
Corporations
695
Capability
International
287
Partnerships
55
Local
217
Regional
220
National
293
Years In Business
447
450
400
350
300
189
208
250
173
200
150
100
50
0
0-2 Years
3-5 Years
6-10 Years
11+ Years
How HMBC works for MBEs
Provides Nationwide referrals to corporations
Develops corporate support for minority business
opportunities
Houses the Houston Minority Business Development
Center with experienced Business Consultants
Offers technical assistance and training through
educational development seminars and scholarships
How HMBC works for Corporations
Certifies genuine minority business enterprises
Provides up-to-date referrals to corporate members
seeking MBEs to fulfill product or service needs
Provides assistance in establishing minority business
development programs
Sponsors buyer trainings to assist in achieving
purchasing goals
Functions as a clearinghouse for information related to
minority business development programs
HMBC’s Three-Fold Approach
Maximize added value of MBEs
Increase visibility and exposure to opportunities
Assist in establishing credibility for MBEs
Maximize Added Value
Provide Information
Newsletter
Legislative Updates
Quick Faxes & E-mails
Business Opportunity Conferences
Industry Best Practices
Guide to Member Services
Maximize Added Value
Educate Suppliers
MBE Executive Business Scholarships
Educational Development Seminars
EXPO Preparation Seminars
Strategic Teaming Forums
Second Tier Programs
Professional Services Forums
Maximize Added Value
Surround with Resources
Quarterly Orientations
Business Consortium Fund
Corporate Mentor Program
On-Site Business Consultants
Increase Visibility and Exposure
MBE Member Directory
Online Directories
Professional Services Website
Quarterly Networking Luncheons
Quarterly MBE Mini-Trade Fairs
Annual Sports Classic
Increase Visibility and Exposure
EXPO Business Opportunity Market Place
September 9, 2004 f 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
Build Credibility
Become Involved
Attend Events
Leverage HMBC’s Reputation
Utilize Industry Best Practices
Promote the Validity of Certification
HMBC’s Certification Process
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
Certification Documentation
Proof of minority status & citizenship
Birth certificate
US passport
Drivers license with voter registration card
Resumes of all principals, key employees and
stockholders
Prior Year’s federal tax return including schedules
Current financial statement
Balance and income statements
Assumed name certificate in the county of residence
Certification Documentation
Partnership agreement
Must show 51% of business is owned and controlled by the
minority applicant including buy-out rights and profit sharing
agreements
Certificate 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 Made Easy
City of Houston
Private Corporations
HMBC
State of Texas (HUB)
Regional Minority Supplier
Development Council (NMSDC)