Campaign launched to help small, minority contractors grow
Published on 01/28/2013
The Minority Business Development Institute (MBDI) launched its "Get People Back to Work" campaign in mid-January to help emerging construction firms succeed in today's marketplace.
The campaign will use education, one-on-one consulting, training, and advocacy to prepare small, minority, and women-owned businesses for contracting with government and future growth.
The MBDI also recently partnered with the Surety & Fidelity Association of America (SFAA) to develop and implement a program to assist minority businesses with access to bonding.
"There are still thousands of MWBEs (Minority and Women-owned Business Enterprises) and small construction businesses ready to get back to work, yet unable to secure a contract," said David Cayemitte, President and Founder of MBDI. "Since they traditionally have a difficult time competing for public projects due to the challenge related to securing required bonding, MBDI has developed a solid program to help with this critical issue. Through our campaign and partnership with SFAA, we will continue to advise these businesses to make them surety bond-ready ? greatly improving their future contract prospects and, in turn, creating job opportunities in their local communities."
MBDI is a not-for-profit organization that focuses on positioning socially and economically disadvantaged construction industry businesses for growth. They do this through strategic consulting, education, and training in the areas of infrastructure development, operational efficiency and financial guidance.
