Help us congratulate Chondra Webster Myers on her graduation from the 2023 Centers of Excellence!
The National Minority Supplier Development Council (NMSDC) and Fifth Third Bank recently announced the continuance of NMSDC’s innovative Centers of Excellence Certificate Program (COECP) through 2026.
The COECP facilitates the development and growth of NMSDC-certified minority business enterprises, prepares them to compete for larger contracting opportunities and facilitates opportunities for strategic partnerships, mentoring and networking.
The Fifth Third Foundation will provide an additional $1.1 million over the next three years to sponsor the program—and three new classes of graduates—through 2026. Fifth Third also donated $1 million for the program from 2020-2023. In addition, the organizations today announced the 2023 COECP program graduates.
In 2023, the program’s successes include an increase in profits of $15.8 million, new clients and/or contracts ranging from $20,000 to $7 million during the 12-month program, and a 90% success rate for graduates implementing strategic growth plans.