News and Press Releases

Corporate members nominated 32 outstanding minority business enterprises (MBEs) for the Supplier of the Year awards. The nominees will be honored at SCMSDC's 2013 Supplier of the Year awards luncheon on July 11 at the Hyatt Regency Long Beach. American Honda Motor Co. will serve as the event's title sponsor for the 23rd consecutive year.

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Toyota Financial Services (TFS), the finance and insurance brand for Toyota in the United States, recently launched its Diversity and Inclusion Bond with a goal of capturing a more diverse investor base and giving diverse firms an opportunity to participate in higher profile deals.

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The following op-ed appeared in the April 8 issue of the Los Angeles Business Journal.

By Luis Vasquez-Ajmac
You hear it all the time. Small businesses are the backbone and the fastest-growing segment of our economy. They are innovative, flexible and offer strategic solutions to Corporate America...

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Successful entrepreneurs provide quality goods and services, but they also make a name for themselves by being perceived as industry leaders and experts in their field.  Here are a few ways you can raise your profile, and in the process, attract more customers and increase sales:

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AlvaradoSmith, the largest certified minority-owned law firm in California with more than 50 attorneys in Los Angeles, Orange County and San Francisco, hosted the third MBE 2 MBE Open House of the year and the first ever in Orange County.

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Ask small business owners about the state of the economy and you're likely to get two different answers, according to findings in a recent survey. Nearly half of the business owners surveyed said the U.S. is still in a recession while about 42 percent said the economy is recovering.

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This forum looks at AB 53 and what it means for insurance companies and diverse businesses.

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What are the qualities of an outstanding supplier? What makes them stand out from the rest? What motivates them to succeed? The best way to find the answers to these questions is by attending SCMSDC's annual Supplier of the Year awards luncheon on July 11 at the Hyatt Regency Long Beach.

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Helping other MBEs become contract-ready

Sharing knowledge: It's not surprising when a major corporation committed to supplier diversity helps minority business enterprises (MBEs) increase their business acumen and build capacity. What's remarkable is when an MBE is committed to helping other diverse firms grow and become more successful.

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April 22, also known as Earth Day, is a day focused on environmental awareness. But concern for the environment shouldn't be limited to a single day; rather, green environmental practices should be sustained throughout the year. If you're a business owner, you know that conserving resources and cutting down on waste are not only good for the environment, but can help save money.

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