Business Consortium Fund:
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The fund provides contract financing to minority
businesses that are certified by an NMSDC affiliate council and have a contract or
purchase order with a corporate member. The maximum loan or credit line available is
$500,000 and the fund is administered locally by National City Bank.
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Certification:
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To join KMSDC a minority business is required
to complete a certification process to determine whether the company is indeed owned and
controlled by a person(s) representing a racial minority group. This certification
procedure includes a careful review of the application and supporting documentation; an
on-site visit, if appropriate; review and recommendation by the Certification Committee;
and approval/disapproval by the KMSDC Board of Directors. To date, more than 200
minority-owned businesses have been certified by the Kentuckiana Council.
Non-refundable processing fee, $50. Committee meets last Wednesday of each month. E-mail: [email protected] for application |
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Corporate Connection Program:
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KMSDC corporate members invite minority business owners to
their facility to learn about contracting opportunities and meet key corporate executives.
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Minority Business
Executive Scholarship Program:
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Through an in-house scholarship fund, KMSDC can provide two
individuals scholarship support to attend minority business executive training programs at
colleges and universities.
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