Serving IA, MN, ND, SD, and WI |
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NCMSDC Weekly Newsroom
April 9, 2021 Edition
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In this Issue:
1.Mark your calendars!
- NCMSDC 2021 Annual Meeting (6/17)
2.*NEW* NCMSDC Strategic Partner Announcements/Programs
- U.S. SBA: Business Smart Series to Ready, Set, Go your business! (4/14)
- West Des Moines Chamber of Commerce: Black & Brown Business Summit (4/22-4/23)
- MBDA: Enterprising Women of Color Spring Forum: Level Up! Get in the Million Dollar Mindset (4/21)
- Federal Executive Board of Minnesota's SADBOC with MN PTAC and the U.S. SBA presents: The 22nd Annual SADBOC Procurement Fair (4/26-4/30)
3.April NCMSDC MBE & Corporate Member Webinars (complimentary)
- NCMSDC Corporate Roundtable (CRT) Meeting (4/20)
4.*NEW* Capital Resources by State
5.PPP Capital Resources
6.NCMSDC 2021 Signature Sponsors
7.NMSDC Announcements
8.NCMSDC Team Member Contact Information
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For consideration in our NCMSDC Weekly Newsroom, please provide content
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NCMSDC 2021 Annual Meeting
June 17, 2021
State of the Council
Speakers/Panels/Workshops
Networking
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2.NCMSDC Strategic Partner Announcements/Programs |
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U.S. Small Business Administration (SBA):
Business Smart Series to Ready, Set, Go your business!
Learn ways to lay the groundwork for helping new and aspiring entrepreneurs like you launch a business idea and to understand the steps to building a business.
READY: Basics of Business Startup
SET: Becoming Credit Ready
GO: Finding Additional Small Business Support and Resources
The Ready, Set, Go Workshop is an initiative from the U.S. Small Business Administration and through this workshop, SBA hopes to provide aspiring entrepreneurs with the information needed to help guide your pathway toward economic empowerment and business success.
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Black and Brown Business Summit
April 22 & 23, 2021
To learn more about this opportunity, follow this link.
Virtual Registration is open.
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Minority Business Development Agency (MBDA)'s
Enterprising Women of Color Spring Forum:
Level Up! Get in the Million Dollar Mindset.
April 21, 2021
1:00 PM - 4:00 PM CDT/2:00 PM - 5:00 PM EDT
Learn how to leverage resources, tools, and identify strategic partners in your community to scale your business. Get to know key organizations, certifications, programs, grants, and access to funding available to help you take your business to the next level of growth and success!
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Federal Executive Board of Minnesota's SADBOC with MN PTAC and the U.S. SBA presents:
The 22nd Annual SADBOC Procurement Fair
April 26 - April 30, 2021
9:00 AM - 3:00 PM CDT
Hosted Virtually By MN PTAC
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3.NCMSDC April Minority Business Enterprise (MBE) and Corporate Member Webinars (complimentary) |
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NCMSDC Monthly
MBE Pre-Certification Webinar
3rd Thursdays of the Month
Next Webinar:
April 15, 2021
1:00 - 2:00 PM CDT
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NCMSDC Monthly
MBE Post-Certification Webinar
3rd Thursdays of the Month
Next Webinar:
April 15, 2021
3:00 - 4:00 PM CDT
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So you are interested in NMSDC MBE certification, the process, and the benefits. Meet NCMSDC Team members to ask questions and learn the step-by-step certification process!
Who? For Minority Business Enterprise (MBE) owners/executives who have not started the certification process and are considering an NCMSDC MBE Certification.
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So you are NMSDC MBE certified, now what? Meet with NCMSDC Team members to find out how to engage and increase success.
Who? For all NCMSDC Certified MBEs and NCMSDC Subscription Service MBEs.
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*NEW* NCMSDC Corporate Roundtable (CRT) Meeting
Next Webinar: April 20, 2021; 11:00 AM - 1:00 PM CDT
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For April we are taking a break from our Monthly NCMSDC Best Practices Series* for an NCMSDC Corporate Roundtable (CRT) Meeting.
All NCMSDC Corporate Members are invited to attend this virtual meeting.
*Monthly NCMSDC Corporate Member Best Practice Series Resume on
May 18, 2021 from 12:20-1:30 PM CDT.
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NCMSDC Monthly MBE Open Forum & Discussion
Last Tuesday of the Month
Next Webinar: April 27, 2021; 11:30 - 12:30 PM CDT
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The purpose of this monthly webinar is to engage in MBE-to-MBE relationship building and to update on NCMSDC programming and strategy.
We will announce April's discussion hot topic(s) later this month.
Please note that pre- registration is required. After you register, you will be sent an Outlook calendar hold with MS Teams link.
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NCMSDC Monthly Corporate Member Meet-up
4th Tuesday of Every Month
Next Webinar: April 28, 2021; 3:30 - 4:30 PM CDT
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The purpose of this monthly webinar is to engage peer-to-peer Corporate Member relationship building and to update on NCMSDC programming and strategy.
We will announce April's discussion hot topic(s) later this month.
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4.Capital Resources By State |
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*Note this is a high-level list which may not include everything. |
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First Step ALWAYS is to contact your current lender and accountant for all decisions. These are resources that have been shared with us for your information. |
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The SBA Paycheck Protection Program (PPP) is a federal loan program that provides assistance to small- and medium-sized businesses impacted by the COVID-19 pandemic. The funds can be used for costs related to payroll and certain other expenses. On December 27, the President signed new relief package legislation that provided additional funding for PPP loans. |
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U.S. Bank is accepting PPP applications through
May 31 for new and existing customers. Those with questions can call their Business Service Center at 800.673.3555 between Monday and Saturday from 8 AM to 8 PM CST.
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Old National is accepting PPP applications through May 31 a new online portal. For assistance, please call their PPP call center directly at 1-800-731-2265 and press Star (*) between Monday and Friday, 8 AM to 5 PM CST.
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NMSDC Business Consortium Fund (BCF) |
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The NMSDC Business Consortium Fund “BCF” has partnered with First Bank of the Lake “FBOL” to allow our MBEs to apply for the first and second PPP loans.
What this means for you:
Quicker turnaround times as FBOL was one of the top lenders in processing PPP loans in the first round. Read more...
General NCMSDC BCF PPP Library of Resources, including samples, Read more . . .
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U.S. Small Business Administration (SBA): |
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Paycheck Protection Program (PPP)
EIDL Application Window still open and deadline extended.
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First Step ALWAYS is to contact your current lender and accountant for all decisions. These are resources that have been shared with us for your information. |
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Alternative Lending institution approved by SBA:
Community Development Financial Institutions (CDFIs)
Federal Reserve’s Main Street Lending Program:
- Open for new clients in the Community Advantage and Micro loans
- No new clients for PPP BUT if already a client, reach out.
CRF-Nonprofit:
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6.NCMSDC 2021 Calendar and Sponsors |
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Thank you
2021 NCMSDC Signature Sponsors
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Contact Cynthia (Cindy) Radtke to discuss 2021 Signature Sponsorship
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8.NCMSDC Team Contact Information |
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Please reach us at:
Antronette Mahomes, MBE Certification & Administration Specialist
Cynthia (Cindy) Radtke, Corporate Relations & Program Manager
Reehanah Al-Othman, Operations & Communications Manager
Heather Olson, President & CEO
Our thoughts are with you, your colleagues, and your loved ones, and we hope you are doing well.--The NCMSDC Team
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