Minority business enterprise manufacturers to meet in Atlanta August 15-16 for second annual National MBE Manufacturers Summit

Networking MBDA Summit 2016

Attendees of the inaugural National MBE Manufacturers Summit in Atlanta in 2016 discuss issues affecting minority business enterprises. (FILE PHOTO)

More than 250 minority business enterprise (MBE) manufacturers from across the country will be in Atlanta August 15 and 16 for the second annual National MBE Manufacturers Summit 2017.

 

The Summit, which is hosted by the Atlanta Minority Business Development Agency’s (MBDA) Advanced Manufacturing Center at the Georgia Institute of Technology’s Global Learning Center, brings together world-class leaders in manufacturing and is the premier event that brings industry peers together, facilitates networking and procurement opportunities, and highlights innovation.

 

BMW Group, Enhanced Capital, FORCAM, Grady Health System, Ingersoll Rand, Novant Health, Siemens, and WestRock are Summit sponsors.

 

Among the highlights for attendees of the 2017 Summit:

  • One-on-one fast pitch meetings with corporations and original equipment manufacturers.
  • Experiencing the most cutting-edge technologies through on-site “innovation pods.”
  • High-level exposure for companies participating in the second annual “Poster Walk Competition.”

 

Featured speakers include:

 

“We are building on the success of last year’s inaugural program, and a critical focus of this effort is innovation because it remains a key issue, according to our MBE manufacturers,” said Donna Ennis, Atlanta MBDA Advanced Manufacturing Center director. “Our Summit is designed to facilitate critical one-on-one meetings between our attendees and corporations, as well as provide the opportunity for our MBE attendees to network with one another.”

 

The Atlanta MBDA Advanced Manufacturing Center is a program of the Enterprise Innovation Institute (EI2), Georgia Tech’s chief economic development and business outreach arm. A sister program to the Atlanta MBDA Business Center, the Atlanta MBDA Advanced Manufacturing Center was created via a grant from the U.S. Department of Commerce MBDA awarded to Georgia Tech in 2016.

 

One of four such centers across the country, Tech will receive $1.25 million over a five-year period to operate the Center, which is charged with providing targeted assistance to MBE manufacturers. The funding is designed to help identify, screen, promote, and refer MBEs to specialized advanced manufacturing programs, and provide technical and business development services and assist with access to capital, opportunities and markets.

 

According to data from the U.S. Census Bureau’s 2012 Survey of Business Owners, the number of minority-owned manufacturers increased 30 percent between 2007 and 2012 to nearly 107,000. These firms generated $80 billion in annual revenue in 2012. More than 25,000 minority manufacturers employ almost 332,000 workers.

The Summit is an outgrowth of the Atlanta MBDA Business Center’s Connecting Advanced Manufacturing Program (CAMP), which is now the Atlanta MBDA Advanced Manufacturing Center, Ennis said. “The vision behind CAMP and what led to us creating the Summit is to connect MBE manufacturers in the ecosystem to business opportunities, research, innovation, funding, and critical information they need to grow and thrive as businesses,” she said.

 

To register for the Summit and for more information, please visit mbemanufacturersummit.com.

 

About the Atlanta MBDA Advanced Manufacturing Center:

Focused on building a national ecosystem of minority business enterprise (MBE) manufacturers, partners, and stakeholders, the Atlanta MBDA Advanced Manufacturing Center creates expansion opportunities for MBE manufacturers by facilitating their growth through innovation and technology, training and education, as well as advocating inclusiveness with corporate suppliers.

 

About the Atlanta MBDA Business Center:

As part of a national network of 42 centers, the Atlanta MBDA Business Center helps minority business enterprises access capital, increase profitability, create jobs, and become sustainable. It is part of Georgia Tech’s Enterprise Innovation Institute (EI2), the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development. For more information, please visit mbdabusinesscenter-atlanta.org.

U.S. Commerce Department awards 5-year grant to MBDA Business Center-Atlanta

Georgia Tech President G.P. "Bud" Peterson, left, and Donna Ennis, director of the Minority Business Development Agency Business Center-Atlanta.

Georgia Tech President G.P. “Bud” Peterson, left, and Donna Ennis, director of the Minority Business Development Agency Business Center-Atlanta.

The U.S. Department of Commerce Minority Business Development Agency (MBDA) named Georgia Tech Research Corp. as a grant recipient to continue to operate an MBDA Business Center in Atlanta.

The federal funding will be distributed during a five-year period that ends in 2021. The funding amount per year is $298,255 for a total of $1.49 million.

The grant program is designed to help minority-owned firms across the nation create jobs, develop their business, and compete in the global economy.

“We are extremely pleased and honored the U.S. Department of Commerce has renewed our funding for another five-year term,” said Donna Ennis, director of the MBDA Business Center-Atlanta. “Our team has been busy working with businesses across Georgia and the Southeast helping to build not only the strength of minority-owned businesses, but the state’s and region’s economy as a whole.”

A key component of MBDA’s Business Center Network is providing minority firms with access to technical expertise and resources to grow their businesses.

In the five-year period ending in 2015, MBDA Business Center-Atlanta helped 462 minority-owned businesses:

  • secure more than $577 million in contracts and procurement
  • access $177 million in capital
  • create or save 4,987 jobs

Ennis leads the MBDA Advanced Manufacturing Working Group, which is building a nationwide community of Minority Business Enterprise (MBE) manufacturers through its national network of 44 MBDA Business Centers. As part of that initiative, she launched the Connecting Advanced Manufacturing Program (CAMP) focused on providing contracting opportunities; assistance with launching new technologies, and building a nationwide ecosystem of MBE manufacturers. That led to the National MBE Manufacturers Summit 2016 at Georgia Tech this past March 24.

According to the U.S. Census Bureau’s 2012 Survey of Business Owners, minority-owned firms in the United States increased to 8 million in 2012 from 5.8 million in 2007. Those 8 million businesses employed 7.2 million Americans.

In Georgia, there are 371,588 minority-owned firms that contribute more than $38.4 billion annually in economic output. These firms employ more than 202,000 Georgians.

Since 2009, MBDA Business Centers have assisted minority firms with gaining access to more than $31 billion in capital and contracts, while creating and retaining nearly 142,000 jobs.

About the MBDA Business Center-Atlanta

Established in 2004 and part of the Georgia Institute of Technology, the MBDA Business Center-Atlanta is a member of the national network of the U.S. Department of Commerce Minority Business Development Agency. The MBDA Business Center-Atlanta provides business and technical assistance to help emerging and existing minority business enterprises achieve significant growth and sustainability and create long-term economic impact through increased jobs and revenue.

Minority business enterprise manufacturers to meet in Atlanta March 24 for inaugural National MBE Manufacturers Summit

Alejandra Y. Castillo, national director of the Minority Business Development Agency (MBDA) at the U.S. Commerce Department, is one of the featured keynote speakers at the National MBE Manufacturers Summit 2016.

America’s manufacturing sector is undergoing rapid change and innovation, incorporating hi-tech advancements across all sectors of the industry.

 

What do these changes mean for minority-owned manufacturers? How are they meeting the demands and partnering with other manufacturers and customers to incorporate innovation into their operations?

 

Those factors and others comprise the central focus of the inaugural National MBE Manufacturers Summit 2016 scheduled for March 24 in Atlanta. The U.S. Department of Commerce Minority Business Development Agency (MBDA) and its MBDA Business Center Network are hosting the Summit, which is sponsored in part by BMW, the Georgia Manufacturing Extension Partnership, Grady Health System, Ingersoll Rand, and Novant Health. It will take place at the Georgia Institute of Technology’s Global Learning Center.

 

“We are focused on ensuring that attendees maximize their day by meeting one-on-one with corporations and original equipment manufacturers seeking to do business with MBE manufacturers,” said Donna Ennis, MBDA Business Center-Atlanta’s director. “We’re bringing all of these parties together in this first-of-its-kind national forum to get those conversations started in a real, substantive way.”

 

The MBE manufacturing community is often overlooked by the broader manufacturing community and, in general, does not access the myriad national and local resources and expertise available to them, Ennis said. The Summit’s breakout sessions are designed to address that.

 

Among the key discussion topics and event highlights:

  • Business-to-business matchmaking and one-on-one fast pitching to multinational and major corporations.
  • A “Poster Walk” showcase of companies that will feature projects in the areas of innovation, productivity, and sustainability.
  • Manufacturing trends in health care and cybersecurity.
  • Access to technology transfer opportunities and information.
  • Opportunities in the global marketplace.
  • Procurement and supplier diversity trends.

 

“This is an excellent opportunity for our MBE Manufacturers to collectively dialogue and share information that will support their success now and in the future,” said Alejandra Y. Castillo, MBDA’s national director and one of the Summit’s featured speakers. “We hope everyone will join us in Atlanta.”

 

Other featured speakers at the Summit include:

  • G.P. “Bud” Peterson, Georgia Tech president.
  • Derreck Kayongo, co-founder of the Global Soap Project and CEO of the Center for Civil and Human Rights.

 

To register for the Summit and for more information, please visit www.mbemanufacturersummit.org.

 

About the MBDA Business Center-Atlanta:

As part of a national network of 44 centers, the MBDA Business Center-Atlanta helps MBEs access capital, increase profitability, create jobs, and become sustainable. It is part of Georgia Tech’s Enterprise Innovation Institute (EI2), the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development. For more information, please visit mbdabusinesscenter-atlanta.org.