A Corporate Member (Buying Entity) is typically a large public, private, or foreign-owned corporation, hospital, government agency, or other significant purchasing institution committed to procuring from diverse businesses.
Buying entities recognize that a diverse supply base offers a competitive advantage in today’s multicultural business economy. PRMSDC provides a pool of bonafide vendors vested by a certification process, reducing the risk of non-performance in today’s high-demanding business environment.
Corporate Members have access to PRMSDC’s exclusive database of minority-owned businesses, supporting corporations of all sizes in meeting their supplier diversity goals. Whether your organization requires assistance developing its supplier diversity programs, seeks supplier referrals and introductions, or needs RFP/bid distribution support, a PRMSDC corporate membership and its extended array of services will undoubtedly be advantageous.
We carefully crafted alternatives to communicate that each sponsor is committed to supporting its Puerto Rico footprint.
Corporate members benefit by expanding their link to the rapidly growing minority marketplace and by gaining greater access to qualified suppliers to source. By integrating our minority supplier pool, you increase your competition, reduce cost and improve quality. This fosters a transitional relationship with stakeholders that can lead to a stronger local economy.
We offer:
- Access to a regional pool of more than 500 local certified and qualified minority suppliers
- Assistance to achieve a supplier base that closely reflects your customer’s demographics
- Opportunity for greater savings and higher quality goods and services through our certified suppliers
- Increased return on investment from minority business development and corporate economic development efforts in the community where you do business
- Meeting the demands of your customers and/or government compliance requirements
- MBE Referral System – matching MBEs to corporations that have purchasing opportunities
- Becoming part of a network of over 1,450 national and local corporate members
- Local and National Corporate Recognition Program eligibility
- Networking with corporations and MBEs
- Broadcast of business needs to our MBE database
- Access to sponsorship opportunities
- Registration discounts for PRMSDC events
- One-on-one sessions with PRMSDC-certified suppliers
- Mentoring opportunities with a corporate peer
As a Corporate Member of the PRMSDC, a corporation must commit to the following criteria:
▪ Have or establish a minority business development policy or plan in support of supplier diversity and minority business development
▪ Report annually aggregate dollar purchases from MBEs
▪ Designate a representative as a point of contact
▪ Participate in PRMSDC local activities
▪ Promote business opportunities for MBEs
▪ Commit to an annual Corporate Membership fee
▪ Serve as an Ambassador for PRMSDC in support of our mission
▪ Support and promote PRMSDC’s mission, vision and goals
▪ Consider supporting PRMSDC through its Sponsorship program
PRMSDC provides an extended array of services through its Sponsorship program.
In addition, we offer:
▪ Access throughout the year to most of PRMSDC’s events by eliminating the hassle of approvals
▪ The ability to connect to a national pool of more than 13,000 minority suppliers
▪ Support in developing or improving your company’s supplier diversity programs
▪ Recognition among the local community for your strong corporate citizenship
▪ Access to industry-specific benchmarking and best practices in supplier diversity
▪ Training for supplier diversity professionals
▪ Other certification orientations with leading local organizations to corporate vendors-as requested
▪ MBE Certification orientations to current corporate vendors
▪ Support in advocacy and diverse supplier inclusion initiatives toward community acknowledgment
▪ Annual Sponsorship provide for bundling our signature events; as well provide the flexibility to work together with our pillar activities. READ MORE