An Interview with Terrence Clark, President & CEO of the New York/New Jersey Minority Supplier Development Council

02/02/2023 44 min

Listen "An Interview with Terrence Clark, President & CEO of the New York/New Jersey Minority Supplier Development Council"

Episode Synopsis

Website: www.nynjmsdc.org
Instargram: @NYNJCouncil
Twitter: @nynjcouncil

In this episode of the MWBE Times podcast, we interview Terrence Clark, President and CEO of the New York New Jersey Minority Supplier Development Council, Inc. (NYNJMSDC). As the head of this nonprofit organization, Terrence brings extensive expertise in providing MWBE certifications to minorities and facilitating their contract opportunities with Fortune 1000 companies.
 
During the interview, Terrence shares valuable insights and experiences related to MWBE certifications, supplier diversity, and fostering business relationships between MWBEs and Fortune 1000 companies. Here's an overview of the key points discussed:
 
Introduction and Background: Terrence introduces himself and provides an overview of the NYNJMSDC's mission and objectives. He shares his passion for promoting supplier diversity and supporting MWBEs.
 
Importance of MWBE Certifications: Terrence explains the significance of MWBE certifications and how they help businesses access contracting opportunities. He discusses the criteria for MWBE certifications and the benefits they provide to minority-owned businesses.

Role of NYNJMSDC: Terrence highlights the role of the NYNJMSDC in certifying MWBEs and fostering connections between these businesses and Fortune 1000 companies. He discusses the organization's initiatives, events, and resources available to MWBEs.
 
Collaboration and Partnerships: He emphasizes the significance of collaboration between MWBEs, the NYNJMSDC, and Fortune 1000 companies. He discusses strategies for building strong partnerships and creating mutually beneficial relationships.
 
Challenges and Solutions: Terrence addresses the challenges faced by MWBEs in contracting with Fortune 1000 companies and provides insights on how to overcome them. He discusses topics such as access to capital, capacity building, and navigating corporate procurement processes.

Throughout the interview, Terrence Clark's expertise and passion for supplier diversity and MWBE empowerment shine through. Listeners gain valuable insights into the certification process, the benefits of supplier diversity programs, and strategies for building successful partnerships with Fortune 1000 companies. The interview serves as an informative resource for MWBEs, corporations, and individuals interested in promoting diversity and inclusion in business practices

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