The “Development” Services provided by GNEMSDC are designed to ensure that our MBEs are “contract ready” when opportunities arise for them to compete for business from our corporate members. Our suite of “Development” Services include one on one consulting and training, tailored to the size and sophistication of the MBEs. A summary is provided below:

One-On-One Consulting

Category 1 MBEs
(Less than $1 Million in Revenue)

  • Strategy
  • Creation/Refinement of “Value Proposition”
  • Financial record keeping, Financial Management, Financial Statements
  • Access to Debt (Banks and Finance Companies)

MBEs in Category 2, 3 and 4
(Greater Than $1 Million in Revenue)

  • Strategic Advice
  • Financial Management/Understanding Financial Statements
  • Advice regarding “Inorganic Growth” Strategies (mergers, acquisitions and joint ventures)
  • Advice/Contacts/Introductions to Debt, Mezzanine and Equity Capital

Training

Category 1 MBEs
(Less than $1 Million in Revenue)

  • Process Improvement
  • Financial Management
  • Access to Capital (Bank Debt & Finance Companies)
  • Cash Flow Management

MBEs in Category 2, 3 and 4
(Greater Than $1 Million in Revenue)

  • Process Improvement
  • Financial Management
  • Access to Capital (Senior Debt; Mezzanine; and Equity Capital)
  • Cash Flow Management
  • Succession Planning
  • Strategy Consulting
Our development program includes the opportunity for MBEs to participate in the GNEMSDC Advanced Leadership Program, which utilizes the Kaufman Foundation’s “Fast Trac” Curriculum. For the participating businesses, this program facilitates a deep introspective analysis in the following sequential format:

Advanced Leadership Program
MBEs in ALL Categories: 1, 2, 3 & 4

10 Modules
(Once a Month – 2 Hour Sessions):

(Internal Resources Of GNEMSDC);

(Use Kaufman Foundation’s Fast Trac Curriculum);

Deliverable: A Strategic Plan

  • Sizing Up Your Business
  • Exploring Growth Opportunities
  • Making Strategic Decisions
  • Using Financial Tools
  • Strengthening the Product/Service
  • Seizing the Market
  • Leading the Organization
  • Managing Operations for Growth
  • Charting Financial Performance
  • Completing, Documenting and Executing Plan