Certification




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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.

 

 


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

 


 

 

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.


 


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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