Diversity

 

WHY USE DIVERSITY SUPPLIER?

  • Federal and State Contractors are required by law to engage.
  • Service Disabled Veteran Enterprise (SDVE) and Minority Business Enterprise (MBE) to meet “set-aside” supplier and vendor requirements. Which means a portion of any contract must be “set aside” for small or disadvantaged businesses.
  • There is an established annual contracting goal as a percentage of the contracts to be issued by US Government agencies; most agencies have not met these goals.
  • Companies doing business with State, County/District and Federal Government entities need to meet diversity requirements in order to be permitted to bid on various government contracting business opportunities.
  • Major corporations have implemented supplier diversity programs. These Corporations are looking for cost-effective solutions to qualify and comply with federal diversity requirements.
  • All Brilliant Minds Solutions’ Client benefits from supporting our returning veterans and meeting diversity supplier requirements and targets.

MINORITY BUSINESS CLIENT ADVANTAGE

What is a Minority Business Enterprise?

MBEs are defined as businesses in which African-Americans, Alaskan Natives, American Indians, Asian Americans, Hispanics or women control at least 51% of a firm’s operations.

In 1969, Richard Nixon passed Executive Order 11458, which created the Office of Minority Business Enterprise, or OMBE. Now known as the Minority Business Development Agency, the MBDA provides specialized contract opportunities, funding and professional development to minority and women-owned businesses across the United States.

So what are the benefits of including MBEs in your supply chain?

TAX BREAKS

The most obvious benefit of doing business with an MBE is the tax breaks. Federal tax breaks are in place for companies who use MBEs to purchase supplies, parts, and materials. Plus, tax liabilities are lowered for companies who use MBEs that supply services or labor to any project that’s funded by federal or state grants and loans. State tax incentives include tax credits for contractors and subcontractors using MBEs—and you can apply for additional special tax incentives depending on the contract you hold.

TRAINING AND EXPERIENCE

Before applying for MBE status, minority and women-owned companies must have been in business at least one year, so you know you’re working with an experienced firm that is committed to building a thriving enterprise.

Plus, many states offer special networking and training opportunities for MBEs, which means they have the opportunity to learn special skills and engage in professional development their competitors don’t.

And, because MBEs compete for exclusive government-funded projects, you get the assurance that their businesses are being regulated and the peace of mind that they’re in good standing. That means you don’t have to worry about shady business practices, payment issues or under-qualified staff in your supply chain.

SUPPORTING LOCAL BUSINESS

MBEs are typically involved in their local communities, as they often attend networking and business events (some states even require MBEs to be involved in their local business communities). That means they often have ties to other local businesses, so you’re not only supporting the MBE in your supply chain, but also your community of small business owners – who are likely to return the favor.

DIVERSIFYING YOUR SUPPLY CHAIN

Research shows that consumers want to purchase parts; products and services from companies that they believe hold the same core values as they do. When you partner with an MBE and diversify your supply chain, you’re telling your existing and potential customers that you care about supporting minority and women-owned firms.

Brilliant Minds Solutions is a certified MBE and SDVSOB corporation, located in Inglewood, CA. To learn more about how a partnership with an MBE can improve your supply chain, get in touch with the team of experts at Brilliant Minds Solutions certified MBE and your partner in building a better business.

VETERAN FACTS

VETERAN ADVANTAGE

Accelerated Learning Curve

Veterans have the proven ability to learn new skills and concepts in less time and are trained to constantly learn and improve. In addition, they enter the workforce with identifiable and transferable skills, proven in real-world situations. This background and support can enhance your organization’s productivity.

Leadership

The US military trains people to lead by example as well as through direction, delegation, motivation, and inspiration. Veterans understand the practical ways to manage behaviors for results, even in the most trying circumstances. They also know the dynamics of leadership as part of both hierarchical and peer structures. All Non-commissioned Officers and Officers from the US Military have completed the Leadership, Management, Education and Training (LMET) course as part of their advancement and continuing education requirements.

Team Work

Veterans have the proven ability to learn new skills and concepts in less time and are trained to constantly learn and improve. In addition, they enter the workforce with identifiable and transferable skills, proven in real-world situations. This background and support can enhance your organization’s productivity.

Diversity and Inclusion in Action

Veterans have learned to work side by side with individuals regardless of their diverse backgrounds, religion and economic status as well as mental, physical and attitudinal capabilities. They have the sensitivity to cooperate with many different types of individuals.

Efficient Performance Under Pressure

Veterans understand the rigors of tight schedules, on time performance and utilization of resources. They have developed the capacity to know how to accomplish priorities on time, in spite of sometimes tremendously stressful situations. They know the critical importance of staying with a task until it is done right.

Respect for Procedures

Veterans have gained a unique perspective on the value of accountability. They understand their place within an organizational framework, becoming responsible for subordinates’ actions to higher supervisory levels. They know how policies and procedures enable an organization to exist, thrive and operate.

Technology and Globalization

Because of their wide ranging experience in the service, Veterans are usually aware of international and technical trends pertinent to business and industry. They bring the kind of global outlook and technological savvy that all enterprises of any size need to succeed.

Integrity

Veterans know what it means to do “an honest day’s work.” This enables prospective employers to take advantage of a track record of integrity, often including security clearances. This integrity translates into qualities of sincerity and trustworthiness.

Conscious of Health and Safety Standards

Thanks to extensive training; Veterans are aware of health and safety protocols both for themselves and the welfare of others. Individually, they represent a drug-free workforce that is cognizant of maintaining personal health and fitness. On a company level, their awareness and conscientiousness translate into protection of employees, property, and materials.

Triumph Over Adversity

In addition to dealing positively with the typical issues of personal maturity, Veterans have frequently triumphed over great adversity. They likely have proven their mettle in mission critical situations demanding endurance, stamina, and flexibility. Many have overcome personal disabilities through their strength and determination. Veterans do not expect a job; they only want an opportunity to use the skills they have to make a good living wage and transition back to American civilian life.