Month: November 2018

Keep up-to-date with what’s happening in the supply chain diversity space both nationally, regionally, and locally as well as get the latest NYNJMSDC news.

MBE Spotlight: 7Gen

7Gen Waste Logistics, LLC (“7Gen”) is a Native-American owned waste and commodity-management company. 7Gen, sister company to Ongweoweh Corp, and is owned by Ongweoweh’s president & CEO, Justin Bennett.

Mr. Bennett’s native roots run deep, with both parents stemming from Haudenosaunee from the Cattaraugus Indian Reservation, located 30 miles southwest of Buffalo, NY.  His father is Seneca of the Deer clan and his mother is Cayuga of the Turtle clan.

7Gen’s goal is to effectively assist our customers in achieving green initiatives, becoming landfill free, creating close loop recycling, and working towards their cost savings goals in relation to waste management. 7Gen does not own any landfills and customizes comprehensive waste and recycling plans to fit each customer’s individual needs and objectives.

As a Native American-owned business with roots in the Iroquois culture, 7Gen was named to honor, the “Seventh Generation”, derived from the Iroquois Great Law of Peace. As a guiding moral code, it states that “In our every deliberation we must consider the impact on the Seventh Generation; that we should always consider how our decisions and actions will impact others seven generations in the future.” This principle guides Ongweoweh and 7Gen’s efforts to find Full Circle Solutions to benefit the collective future of not only the company, its customers and its manufacturers, but for all of Creation.

MBE Spotlight: Tribal Capital Markets, LLC

Tribal Capital Markets, LLC, founded in 1995, is the largest American-Indian Tribally (AIT) owned full-service broker-dealer in the United States. It is a Nationally Certified Minority Business Enterprise, headquartered in Summit, New Jersey, with satellite offices in New York, California, Georgia, Idaho, Florida, North Carolina, Tennessee, and Montreal, Canada. The majority owner is the Morongo Band of Mission Indians of Banning, California. Established in 1865, the Morongo are one of only 562 American Indian tribes and Alaska Natives in the United States recognized by the US Bureau of Indian Affairs.

With over $17 million of capital provided by the Morongo Band of Mission Indians, Tribal Capital Markets has the resources necessary to provide liquidity for its clients when requested. TCM offers new issue and secondary sales/trading services in all fixed income asset classes. TCM additionally provides corporate and municipal investment banking and underwriting services to public and private corporations, municipalities, depositories, and GSE’s across the US.

A leading priority for Morongo in becoming a majority owner of Tribal Capital Markets was to advocate for Native Americans within the financial services space as well as utilizing this platform to further their beliefs and causes. Protecting the earth is among these causes and TCM has become focused in the Clean & Renewable Energy space, raising debt and equity for companies and projects that lower the carbon footprint globally.

New York & New Jersey MSDC Celebrates Its 45th Anniversary With Grand Gala

Holly Houston, Impact Consulting Enterprises

Cheryl McCants, Impact Consulting Enterprises

New York, November 1, 2018 – The New York & New Jersey Minority Supplier Development Council (The CouncilTM) is celebrating 45 years of facilitating prosperous collaborations between major corporations and Council-certified Asian, Black, Hispanic, and Native-American businesses in the New York-New Jersey area. Today, The Council culminates its celebration with the 2018 Partnership Awards Gala, at the New York Marriott Marquis. The theme of the evening is Reflections of Excellence in Diversity.

“We are celebrating excellence and success, not just longevity,” said The Council President and CEO Terrence Clark. “The Gala honors the achievements of stellar minority-owned business enterprises (MBEs) and corporate members who have gone above and beyond the call of duty to establish and advance rewarding business relationships. The effects of these relationships are felt nationwide from the creation of new jobs to the delivery of services and goods that are strengthening our economy every day.”

The Council will award top suppliers, advocates, and corporations that continually demonstrate innovation, and provide value-added services and excellence in supplier diversity. The award categories are Performance Par Excellence to the Suppliers of the Year; Local and National Corporations of the Year; and Advocate of the Year.

“We made many strides since our inception 45 years ago,” said Clark. “Today we boast a membership of more than 1000 MBEs and 100 corporations. Through their collaborations, more than $40 million in contracts have been generated. This is just the start of what The Council has in store for the business community.”

Approximately 500 Council members, small businesses, and corporations are expected to attend the gala.

About the New York and New Jersey MSDC

The New York & New Jersey Minority Supplier Development Council, Inc. (The Council), established in 1973, is a vital link between major corporations and minority business enterprises (MBEs). Each year, member corporations have reported billions of dollars spent with Council- certified Minority Business Enterprises. Serving the New York and New Jersey region, The Council is one of the 23 regional affiliates of the National Minority Supplier Development Council, Inc.

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