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Last Updated: 2014-08-29

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Money Smart for Small Business

Building Better Businesses Mentorship Program

The city of Richmond wants you to know that your success as an entrepreneur is important to us. We want to Build the Best in Richmond!

If you are interested in applying, please thoroughly complete the application and submit it to our office. The deadline for the application is July 29, 2014 and interviews will begin August 1st through August 15th, 2014.

Program Requirement

  • Business must have 2 years operating experience.
  • Business must be located in the City of Richmond or planning to move to the city over the next 9 months.

Applications can be dropped off, scanned & emailed, mailed or faxed to our office. The deadline for the application is July 29, 2014.

Click here for the video of testimonials by the 2014 Mentorship Graduates.

Overview

As contracting and development opportunities in Richmond increase, the Office of Minority Business Development (OMBD) remains committed to providing maximum opportunities for minority, disadvantaged and emerging businesses. It is our mission to help these businesses participate in the full array of contracting opportunities our city has to offer.

While OMBD's programming encourages minorities to start new businesses, we are equally focused on ensuring that existing minority and emerging businesses take the necessary steps to achieve substantive growth. Our programs are geared to informing, educating and motivating minority and emerging firms to become more involved in procurement opportunities. We also create opportunities that enable contractors and service providers to build strategic alliances with one another.

We remain committed to increasing the number of minority-owned businesses that are selected as prime vendors for city projects, as well as working to increase the money paid to minority and emerging businesses.

Working with the business community, OMBD will continue to strive to reach the city's goal and contribute to a sustained, long-term turn-around in the quality of life for city residents with quality public schools and diverse economic opportunities.

No person shall be subjected to discrimination on the basis of race, color, or national origin under any program or activity that receives Federal financial assistance. If you feel you have been discriminated against on a city of Richmond's project, please complete the Complaint form and submit it to our office.

Our Values

  • We believe in functioning with honesty, integrity and upholding the highest work ethic.
  • We are dedicated to helping the business community.
  • We make every effort to deliver quality customer service.
  • We strive to accomplish creativeness and innovativeness.
  • We embrace self-improvement to maintain our quality workforce.

Our Vision

Our vision is to achieve Greater economic and social equity in our community through the pursuit of parity in the amount spent by the city of Richmond to procure goods and services using taxpayer dollars and user fees.

Our Mission

Our mission is to facilitate, produce, and advance opportunities for minority business enterprises (MBE), emerging small businesses (ESB), and disadvantaged business enterprises (DBE) to successfully participate in the full array of contracting opportunities available in the city of Richmond. OMBD strives to increase:

  • The number of local MBE and DBE companies
  • The capacity among local MBE and DBE companies
  • MBE and DBE company availability in certain under-utilized business categories, such as architecture
  • The number of public and private sector contracts won by MBE and DBE companies
  • The number of effective strategic alliances, both in the MBE and DBE community and beyond
  • MBE and DBE company access to capital
  • MBE and DBE company integration of information technology

Our Goals

OMBD shall direct its efforts toward making the utilization and recognition of minority, disadvantaged, and emerging business enterprises in Richmond's procurement activities the usual course of practice.

OMBD is one of the strongest advocates for increasing contract opportunities for minority and emerging small business enterprises in the Richmond metropolitan area. We are making changes to better serve our clients.

We want your business to succeed. We understand that your success is our success. The city of Richmond and OMBD are committed to increasing contracting opportunities for all minority-owned businesses (MBE) and emerging small businesses (ESB).

We've expanded your contracting opportunities. Your business is as unique as you are. Our policy now covers all contracts, construction and non-construction alike. If your business is minority-owned or exists in a city of Richmond Enterprise Zone and provides professional or non-professional services, there may be a special opportunity for you with the city of Richmond.

Contracting Opportunities include:

  • Multi-discipline services
  • Manufacturing
  • Construction
  • Surplus and research development

Contracting opportunities will be come more diverse. During the next several years, as billions of dollars worth of economic development projects are launched in the city of Richmond, OMBD is committed to turning these opportunities into contracts by building minority business capacity, improving access and tracking contract utilization.

Our programs provide small businesses with key advantages. The Richmond Supply Schedule Program provides opportunities for minority and emerging small businesses to participate on more city contracts. OMBD encourages MBE and DBE companies to use our multi cultural resource center for the purpose of obtaining the necessary information for participation in the Richmond Supply Schedule Program.

We've streamlined our processes and procedures. OMBD is committed to making it easier to do business with the city of Richmond. Our goal is to provide business owners with the information and resources necessary to understand the contracting process and to identify opportunities within the city of Richmond.

We're here to help: the ombd's expanded programs now provide technical and business development assistance to minority and emerging small businesses. Talk to us today to see how we can help your business grow.

OMBD is focused on building minority business. We are committed to increasing contracting opportunities for all minority and emerging small businesses. We connect minority-owned businesses (MBE) and emerging small businesses (ESB) with the tools and resources needed to succeed. OMBD is focused on building minority business capacity, improving access and tracking contract utilization. OMBD's business development effort help small businesses start, grow and expand. We offer a full range of services, including:

  • Bid solicitation announcements. Register with OMBD and receive project announcements via e-mail or visit our website for bid announcement updates.
  • Access to financing. OMBD is positioned to help you identify capital.
  • Technical assistance. OMBD's "on-demand" technical assistance program provides solutions to the challenges of starting and operating your business.
  • Site Selection Assistance. Experienced site selection professionals will help you find the location best suited to your business needs.
  • Export Assistance. OMBD can help your business access international markets.
  • Bi-Monthly Business Education programs. OMBD coordinates entrepreneurship development educational programs addressing current issues that help you manage your business more effectively. From marketing your business, doing business with the city of Richmond, to how to develop a business plan. Our powerful seminars are designed to help you learn new skills to ensure your business's success.
  • Matchmaking and Networking Meetings. Business is social and cultural before it is technical and financial. OMBD can help you meet key decision makers in the public and private sectors.
  • Economic development incentives. From bond financing, business visitations, enterprise zone incentives to business expansion, OMBD can help.
  • Resource referrals. If OMBD doesn't have the answers or expertise, we will refer you to the agency that does. It's all a part of our "no wrong door" approach to customer service.
  • Project goal setting. OMBD sets minority business and emerging small business participation goals for city-funded projects valued at $100,000.00 and above.
  • Contract compliance monitoring. OMBD monitors city of Richmond contracts to ensure real minority participation.
  • The region's largest Minority Business Directory. OMBD offers a directory of minority businesses, which can be accessed for free on our web pages.
  • Research. OMBD offers research on minority business participation.

Information Clearinghouse OMBD is a comprehensive resource for city of Richmond projects, bills, ordinances and activities.

Contact Information:

Minority Business Development
City of Richmond
900 E. Broad St., 5th Floor
Richmond, VA
23219 USA
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Phone: (804)646-5947
Fax: (804)646-0136

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