DIR's Supplier Diversity Information Resource Guide 20, Jan 2012 | Page 105

COPYRIGHT 2012, DIVERSITY INFORMATION RESOURCES, MINNEAPOLIS, MN SECTION 12 CERTIFYING ORGANIZATIONS (Domestic and International) National Minority Supplier Development Council (NMSDC) 1359 Broadway, Tenth Floor New York, NY 10018 (212) 944-2430 www.nmsdc.org The National Minority Supplier Development Council has standardized procedures to assu re consistent and . on identical review and certification of minority-owned businesses. These businesses are certified by one ati rm o NMSDC’s 39 regional councils nearest to the company’s headquarters. inf ore m for A minority-owned business is a for-profit enterprise, regardless of size, physically located in the .United om sc States or its trust territories, which is owned, operated and controlled by minority group members. “Minority rce ou es group members” are United States citizens who are Asian, Black, Hispanic and Native American. Ownership foR yIn by minority individuals means the business is at least 51% owned by such individualseror, in the case of a sit iv D publicly owned business, at least 51% of the stock is owned by one or more such individuals. Further, the o@ Inf t management and daily operations are controlled by those minority group members. tac as Ple ec on Definition N. For purposes of NMSDCs program, a minority group member islis, M individual who is a US citizen with at least an o 1/4 or 25% minimum (documentation to support claim of nneap required from applicant) of the following 25% Asian-Pacific i ,M es rc A US citizen whose origins are ufrom Japan, China, Indonesia, Malaysia, Taiwan, Korea, so Re Vietnam, Laos, Cambodia,nthe Philippines, Thailand, Samoa, Guam, the US Trust tio ma Territories of the Pacific or the Northern Marianas. for In ty rsi ve Di A US citizenanwhose origins are from India, Pakistan and Bangladesh. r th e oth tity AyUS citizen having origins in any of the Black racial groups of Africa. en n A y a US citizen of true-born Hispanic heritage, from any of the Spanish-speaking areas of Asian-Indian Black Hispanic old rod is Th pu ca bli tio n t no ay m ep er d ce s or u b Native American b the following regions: Mexico, Central America, South America and the Caribbean Basin only. Brazilians shall be listed under Hispanic designation for review and certification purposes. A person who is an American Indian, Eskimo, Aleut or Native Hawaiian, and regarded as such by the community of which the person claims to be a part. Native Americans must be documented members of a North American tribe, band or otherwise organized group of native people who are indigenous to the continental United States and proof can be provided through a Native American Blood Degree Certificate (i.e., tribal registry letter, tribal roll register number). NMSDC Growth Initiative The Growth Initiative provides MBEs with the potential for substantial growth and with the opportunity to access equity capital, while retaining management and control, and the advocacy of NMSDC and its member corporations. The timely provision of this important tool is crucial if MBEs are to participate on an equal footing in the expanding national and global economies. 1. To qualify for NMSDC certification, an MBE is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is owned, operated and controlled by minority 2012 Supplier Diversity Information Resource Guide - 97 - CONTENT MAY BE EXPIRED; SEE WWW.DIVERSITYINFORESOURCES.COM FOR LATEST VERSION SECTION 12