Commission on Economic Inclusion
The Commission on Economic Inclusion, a program of the Greater Cleveland Partnership, is focused on creating positive, measurable outcomes leading to:
- Increases in board, senior management, workforce and supplier diversity among the more than 100 Northeast Ohio employers who are members of the Commission;
- Increases in the total revenue, value, size, and number of employees for minority-owned businesses in our region and throughout the State of Ohio. Read more about the Commission’s member benefits and minority business resources.
Click here for the list of Northeast Ohio employers that belong to the Commission.
What's new at the Commission
Learn more about our work in the August 2014 issue of The Commission Connection, our monthly publication featuring Northeast Ohio diversity and inclusion news and events.
Message from the Co-chairs: MBDA Cleveland: Delivering value for Commission members, MBEs and the region
In keeping with our previous columns highlighting Commission on Economic Inclusion membership benefits, this month we focus on the substantial value that the Minority Business Development Agency (MBDA) Business Center-Cleveland brings to our members, minority-owned businesses and our region.
The MBDA Cleveland, operated by the Commission, assists our members with meeting their supplier diversity goals by providing direct access to certified minority-owned businesses (MBEs) with regional and national capability and capacity. These MBEs present to our members’ procurement managers at our quarterly Chief Procurement Officers Group meeting.
The Cleveland center provides its clients with access to contracts, capital, financial management, global and domestic markets, and strategic business consulting. It has a statewide reach and is part of a national network of 40 centers that also link our Commission members with MBEs across the country.
In its first three years of operation, the MBDA Cleveland has produced:
- $ 61 million in contracts and procurement (130 contracts, five export transactions)
- $14 million in 28 financial transactions (working capital, lines of credit, bonding, office leasing, equipment purchase, etc.)
This year, MBDA Cleveland is on target to exceed its annual goal of $21.6 million in contracts and procurement and is hard at work toward its financial transactions goal of $11.6 million.
Below you will see a story about InterChez, a middle-market company based in Stow, Ohio, which is a great example of an outstanding MBE that has successfully utilized the resources of our MBDA Business Center.
The MBDA Cleveland staff brings deep business experience coupled with degrees in finance, accounting and business administration. The staff also includes a Certified Global Business Professional, a credential earned from the National Association of Small Business International Trade Educators.
In addition, the MBDA Cleveland capitalizes on its strategic partnerships to serve MBEs, to connect our Commission members to vendors, and to benefit the greater economy. Its partners include COSE, JumpStart, Team NEO, ECDI (Economic and Community Development Institute), Northeast Ohio Hispanic Chamber of Commerce, and the Cincinnati and Dayton chambers of commerce.
For more information, please contact Dana Luci, MBDA Cleveland program coordinator, at 216.592.2253 or firstname.lastname@example.org.
Eddie Taylor Daniel Walsh
President President, Greater Cleveland Region
Taylor Oswald Huntington National Bank
MBDA Cleveland client news: InterChez featured
in national annual report
InterChez, a Hispanic-owned business, Greater Cleveland Partnership Investor member, and a client of the Minority Business Development Agency (MBDA) Business Center Cleveland, was featured as a success story in the 2013 MBDA Annual Performance Report from the U. S. Department of Commerce.
The InterChez team consulted with the Cleveland MBDA Business Center on strategies to grow the company by 50 percent. The Center connected InterChez with KeyBank and secured a $1 million line of credit.
The Center also sponsored Greater Cleveland Partnership Board member and InterChez CEO Sharlene Ramos-Chesnes’ attendance in Dartmouth College’s Amos Tuck School of Business Minority Executive Program from which she graduated in 2013.
Entering its 13th year in business, InterChez employs more than 40 full-time employees in Ohio and Michigan.
Click to see the entire report, including the InterChez success story on Page 36.
Other stories in the August 2014 issue
- Welcome, new members: Cleveland Mosaic Marble, Cleveland MetroParks join the Commission
- Advisory Board update: Leadership team adds three members
- DPG conference wrap-up: Speakers focus on best practices to build a diverse workforce
- Member news: NEOMED launches unit to focus on diversity; Beck Center to honor Commission Advisory Board member
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