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HomeMy WebLinkAbout121206 MBCVirginia Beach Minority Business Council 2006 Annual Report, December 12, 2006 Liaisons and Members Councilman Ron Villanueva, City ? Ms. Wanda J. Cooper, Secretarial Officer ? Council Liaison Mr. Luis Rivera, MBC Member ? Councilman Bob Dyer, City Council ? Liaison Mr. James K. Hill, MBC Member ? Ms. Louisa Strayhorn, Governor’s ? Mr. Edwin Tirona, MBC Member ? Liaison Mr. John M. Williams, MBC Member ? Mr. Michael Stewart, School Board ? Liaison Ms. Linda Bright, MBC Member ? Mr. Prescott Sherrod, Chairperson ? Mr. Michael Chinn, MBC Member ? Mr. Dan Pearsall, Vice-Chair ? Ms. Angelica Ceron, MBC Member ? Mr. William R. Brown, Financial ? Counselor Minority Business Council Vision To be the leading influence in contractor resources with city opportunities. Minority Business Council Mission Statement Advance and facilitate an environment of business opportunities, focusing on increasing expenditures to minority and women-owned businesses by the City of Virginia Beach as a means to further the City’s economic development and vitality. Goals Identify and encourage city agencies and firms projecting the city's image to fairly reflect Virginia Beach as a City of ethnic and racial diversity when carrying forward the city's business. Goals continued Help achieve and maintain the opportunity for improved minority business participation levels in the procurement process for goods and services and construction and housing. Strategies Minority Awareness ? Outreach Programs ? Policy Development ? Data Collection & Analysis ? Major Accomplishments ? Ordinance Change •Strengthened requirements for construction •Bids and RFP’s •Women and Minority Participation Plans ? Networking events •With Governor Kaine’sstaff –April 7 •VDOT and SBA –August 4 ? Liaisons •VBDA •School Board •Governor’s Office •Additional City Council Liaison ? Increased number of on-going Contractor Counselings ? Improved MBC Website – www.vbgov.com/finance/mbc ? Most successful MBC EXPO ? By Laws and Vision Major Accomplishments continued Newly created Relationships ? •US Internal Revenue Service •Empowerment 2010 •US Small Business Administration •Virginia Department of Minority Business Enterprise •Virginia Department of Business Assistance •Hampton Roads Hispanic Chamber of Commerce Major Accomplishments continued Partnered with: ? •E conomic Development Business Appreciation Golf and Networking Event; •Various City departments to participate in the USA Black Pages Directory Database: ? •Obtained approval from DMBE to access their SWAM database (realtime model) Major Accomplishments continued ? Participated in: •Matchmaking Session for the National Association of Women Business Owners •VMSDC Business Opportunity Fair •Empowerment 2010 Small Business/Veterans Owned Businesses Conference •Black EXPO Steering Committee ? Benchmarked with: •City of Jacksonville •City of Charlotte ? Increased Minority Expenditures and Awards Virginia Beach POPULATION DIVERSITY 6% 71% 5% 20% 2004 73% 20% 6% 4% 2003 19% 71% 5% 4% 2000 14% 81% 4% 3% 1990 87% 10% 3% 2% 1980 WhiteBlackHispanic American Indian/ AlaskaAsian/Hawaiian/PacificTwo or more races Other races Source: U.S. Census Bureau; American Fact Finder; American Community Survey Award Data Goods and Services Contracts over $50,000 - 8. 58% to Minorities $710% $6 8% $5 6% Millions $4 $3 4% $2 2% $1 $00% FY99FY00FY01FY02FY03FY04FY05FY06 $ Minority% Minority Vendors 2006 = $6.1 million Award Data Construction Contracts Awarded – Contracts Over $50,000 $515% Millions $4 10% $3 $2 5% $1 $00% FY99FY00FY01FY02FY03FY04FY05FY06 $ Minority% Minority Vendors Total for 2006 -$814,700 Payment Data for Minority Owned Businesses $10 $9 $8.12 $8 $7 Millions $6 $5.27 Expenditures $5.49 $4.89 $5 # of Firms $4.49 $4.31 $4 $2.96 $3 $2.26 $2 160 143 144138 $1127 122 53 44 $0 FY99FY00FY01FY02FY03FY04FY05FY06 *Data Includes Minority Women-Owned Business Payments Payment Data For Women Owned Businesses* $8 $6.62$6.14 $7 $6 $4.67 Expenditures $5$4.28 Millions $4 $2.89 364 # of Firms $3 $2.00 314 $1.33306 $2 $1.22 253 234 202 $1 51 44 $0 FY99FY00FY01FY02FY03FY04FY05FY06 *Data Excludes Payments to Minority Women-Owned Firms Payment Data Percent of Total Payments Minorities and Women-Owned 8% 7% 6% 5% 4.1% 4%3.4% 3.2% 3.1%2.8% 3.0%3.0% 2.6% 3% 2.0% 1.8%1.8% 2%1.7% 1.7% 1.2% 1% 0% FY00FY01FY02FY03FY04FY05FY06 % Minority Vendors% Woman-Owned Vendors Next Steps Improve access to and ? disseminate annual forecasts of contract opportunities Continue to form new ? partnerships Continue to monitor ? progress Active participation in ? establishment of local Chapter of the National Association of Minority Contractors Next Steps continued ? Build stronger relationships with City departments •Administrative Directive •Recognition and Awards ? Continue to build database and website ? Evaluate contractor performance Next Steps continued Contractor assistance program ? Access to Capital/ Scholarships • Private Sector Support and • Mentoring MOU with the Department of • Business Assistance Hire Minority Business Specialist ? Representative Strengthen partnership with ? Small Business Administration Continue to look for ? opportunities to debundle requirements (where feasible) Questions and Answers Questions and Answers Thank You for Your Support