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

African-American

477

Asian-Pacific98

Asian-Indian80

Native-American

26

Hispanic336

HMBC Membership Facts Ethnic Status

Brokers/Agent7

ManufacturerRep20

Distributors142

Manufacturer88

ConsultantProfessional

92

Service Contractors

609

Construction59

HMBC Membership Facts Business Type

Partnerships55

Sole Proprietors

267

Corporations695

International287

Regional220

Local 217

National293

HMBC Membership Facts

Business Structure Capability

Years In Business

189 208173

447

0

50

100

150

200

250

300

350

400

450

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

Provide Information

Newsletter

Legislative Updates

Quick Faxes & E-mails

Business Opportunity Conferences

Industry Best Practices

Guide to Member Services

Maximize Added Value

Network

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 PlaceSeptember 9, 2004 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

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

HMBC’s Certification Process

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 Documentation

Certification Made Easy

HMBCState of Texas (HUB)

Regional Minority Supplier Development Council (NMSDC)

City of Houston

Private Corporations