18 Aug 2011
- Written by Tri-State Defender Newsroom
|Patricia Hanes, regional director, U.S. Department of Commerce – Minority Business Development Agency (MBDA) and Luke Yancy III, president & CEO, The MMBC Continuum. (Courtesy photo)|
“It should be no surprise to any of us familiar with the outstanding work of The MMBC Continuum that they continue to receive prestigious awards and recognition,” said Blair Taylor, president of Memphis Tomorrow, who made the presentation, along with Patricia Hanes, regional director for the U.S. Department of Commerce Minority – MBDA.
“Among other successes, as a direct result of their work this past year, 393 of their local MBE clients generated more than $809 million in total revenue, and to date 78 of their MBE clients were successfully awarded contracts of $1million or more with many of Memphis’ major corporations,” said Blair.
Formerly known as the Mid-South Minority Business Council, The MMBC Continuum is an economic development agency whose mission is to “promote a climate of inclusion where business-to-business relationships will grow the revenues of minority owned businesses; provide developmental programs to entrepreneurs that maximize the volume of goods and services purchased and bridge minority supplier relationships with major corporations and public sector institutions.”
Through the “Dial-up” process, a phrase coined by the agency, The MMBC Continuum, works to connect minority businesses with corporations to provide quality goods and services.
“This award is monumental in that it affirms the work of the organization and speaks to the importance of growing scalable minority firms in Memphis to create jobs, impact inner city communities and expand the tax payer base, which creates wins for the community,” said Luke Yancy III, president & CEO of The MMBC Continuum.
Mayor A C Wharton Jr. noted the agency’s “innovate programs” and the MBDA award.
“As we move forward, grow our economy, and continue to bring jobs to the Mid-South, the MMBC Continuum is one of our indispensible partners,” said Wharton.
Other awards being presented at the MED WEEK Awards Dinner:
• Minority Construction Firm of the Year - ENVIRO AgScience, Inc., Columbia, S.Car. and Metcom Construction, Penbrook, N. Car.
• Minority Manufacturer of the Year – Homestead Packaging Solutions, Atlanta, (Memphis location as well)
• Minority Global Technology Firm of the Year – Nvision Solutions, Inc., Bay St. Louis, Miss.
• Minority Global Supplier Distribution of the Year – Marketing Arm International, Inc., Port Charlotte, Fla. and Trillion Communications, Bessemer, Ala.
• Media Award – Atlanta Tribune: The Magazine, Roswell, Ga.
• Distinguished Supplier Diversity Award – Georgia Power, Atlanta.
• Corporation of the Year – Lockheed Martin, Marietta, Ga.