COLUMBIA, SC – December 17, 2008 – The South Carolina Minority Business Enterprise Center (SCMBEC) has recently announced its strategic business partnership with Richland County.
Jobs are being cut and budgets are quickly minimizing. According to a report released by the Moore School of Business at the University of South Carolina (USC), the state’s economy is predicted to remain weak into 2009.
USC research professor, Dr. Paulo Guimarães, recently said, “The South Carolina data indicate that the economy is in recession, and it is unlikely that there will be improvement in the economy until at least the middle of 2009.”
In light of the tough times that the Midlands are currently facing, Richland County has teamed-up with the SCMBEC in hopes to help the area’s minority-owned businesses.
By partnering with the SCMBEC, Richland County will be able to provide these businesses with well-established access to markets, help implement marketing plans and make recommendations for specific business strategies that aim to increase revenue for these firms.
SCMBEC’s project director, Diane E. Sumpter, said, “We hope this partnership will increase opportunities for our local minority firms as well give the community a glimpse of the outstanding work they are capable of doing.”
To see how your minority-owned enterprise can benefit from this partnership, visit www.SCMBEC.com.
About the SCMBEC
As a part of the U.S. Department of Commerce, the Minority Business Development Agency (MBDA) was created specifically to advance the establishment and growth of minority-owned businesses in America. Furthermore, the South Carolina Minority Business Enterprise Center (SCMBEC) formed a cooperative agreement with the MBDA, to promote the growth and expansion of South Carolina’s minority-owned businesses.
The SCMBEC provides services to increase the exposure and visibility of minority business enterprises, and at the same time, build market presence and stability for these firms. Their consulting services and strategies are designed to increase capital and contracting opportunities for these firms, as well as to help create new jobs in South Carolina’s communities.