Alandas dobbins more presentation

C o n n e c t i n g B u s i n e s s R e s o u r c e s & O p p o r t u n i t i e s t o M a k e M e m p h i s a “ C i t y o f C h o i c e ”f o r A l l .

MAYOR’S VISION

The number of people leaving Memphis every year: 2,000 Vacant jobs: 16,000Unemployed: 44,000

Living in poverty: 180,000

Overall Poverty Rate: 27.7%

CITY OF MEMPHIS STATISTICAL DATA

Challenges for the Entire Community

ONE STRATEGIC SOLUTION

City of Choice Strategic Imperative: • Wealth Creation • Grow Local Small, Minority & Women

Business

INCREASING PARTICIPATION OF MINORITY AND WOMEN-OWNED BUSINESSES

MWBEs are only 1.3% of Total Business Receipts.Memphis’ Minority Population: 75%Memphis’ Female Population: 53%

2000 & 2010 Disparity Studies, and Wharton Transition Plan, identified need for City of Memphis to facilitate a coordinated strategy to drive growth in minority business receipts…beginning with City of Memphis purchasing

City Leadership for Minority/Women Business Development is Critical

Leveling the Playing Field =the Opportunity To Compete

Not a subsidy…Not affirmative action…

Winning contractors must offer the best value – highest quality at the best price

SOLUTIONS

CI SOME WAYS THAT MORE CAN HELP!

Supports increased efforts by the City of Memphis to engage minority, woman-owned, and small business enterprises

Provide resources to increase participation by MBEs, WBEs, SBEs.AdvocacyConnecting business to available resources.Strengthening MWBE’s through our partner relationships.

Identify, facilitate and communicate purchasing and partnering opportunities with minority businesses.Grow the pool of minority and women-owned businesses offering high quality products and services.Increase community prosperity, purchasing power, and quality of life.

Identify, Grow and Increase

RESOURCES FOR YOUR BUSINESS

PARTNER ORGANIZATIONS

The MORE you know, the MORE your business can grow.

PARTNER ORGANIZATIONS

The MORE you know, the MORE your business can grow.

AccionAction Capital BBABOCICBU Enactus Community LIFTCommunity Unlimited formally alt.ConsultingDowntown Memphis CommissionEDGEEMERGEFirst Tennessee BankGreater Memphis Chamber of CommerceHome-based Business Chamber INNOVAOCCLOCCDCMAAGMAMCA MMBCMayor’s Innovation Delivery TeamMemphis Bioworks Foundation

Memphis Hispanic Chamber of CommerceMemphis Shelby County Airport AuthorityMemphis Urban LeagueMemphis Urban League Young ProfessionalsMLGWNAWBOPathway Lending SBASCORESEEDCO.SHIELD, Inc. State of Tennessee Economic and DevelopmentStart Co.TMSDCTSBDCTennessee BEROUniversity of MemphisUniversity of TN Center for Procurement WBEC SouthWIN

SAVE THE DATE

APRIL 30, 2015

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Alandas DobbinsDirector of MORE

Memphis Office of Resources & Enterprise901-544-1847

www.morememphis.org

The MORE you know, the MORE your business can grow.

Thank you!