The St. Louis Minority Supplier Development Council (St. Louis MSDC) announced today a landmark program to foster partnerships between corporations and minority and non-minority businesses across the St. Louis region. The Billion Dollar Impact is designed to create jobs, expand local businesses, grow the tax base and position St. Louis, the region and the state of Missouri as leaders in economic growth.
Corporations such as Ameren Corporation, BJC Healthcare, The Boeing Company, Metropolitan St. Louis Sewer District, Missouri Department of Transportation, State of Missouri and Walgreens have announced their support for this bipartisan initiative. Businesses are encouraged to sign a pledge to participate in the Billion Dollar Impact program. Forms are available at the Business Opportunity Fair or by calling the St. Louis MSDC at (314) 241-1143. Forms also will be available at www.slmbc.org after July 1.
The St. Louis MSDC helps minority-owned businesses and corporations compete in the ever-changing global marketplace. The Billion Dollar Impact is a unique program developed by the St. Louis MSDC with the goal of generating an additional one billion dollars in new revenue for minority business enterprises. Additional spending at this level is expected to create an estimated 2,000 new jobs for the region.
During the next three years, the St. Louis MSDC will work with both the public and private sectors to develop additional contract opportunities throughout the metropolitan St. Louis area.
About St. Louis MSDC:The St. Louis Minority Supplier Development Council (St. Louis MSDC) is one of 39 regional councils affiliated with the National Minority Supplier Development Council. During St. Louis MSDC's 33-year history, the organization has remained at the heart of the St. Louis region's economic growth. What started as a focus on partnering minority-owned businesses with area corporations has evolved into a long-term, strategic approach - one in which St. Louis MSDC provides ongoing growth opportunities, financial support, and training and education for its corporate members and Minority Business Enterprises (MBEs). Through these and other efforts, St. Louis MSDC's partnerships with corporations and MBEs have become an integral part of the region's economic stability and growth.