Since 1973, the St. Louis Minority Business Council (SLMBC) has served as one of the premier strategic business partners in the region. In our early days, we focused primarily on matching minority vendors with area companies for local purchases, such as office products. Over time, we have transformed into a true business ally and an active participant in the St. Louis region’s economic growth.
For our corporate partners, we serve as a key conduit for the execution of supplier diversity programs. At the same time, we act as advocates for Minority Business Enterprises (MBEs) and look for multiple avenues to ensure that their businesses continue to grow over time.
Today, MBEs generate more than $2.5 billion in revenues and account for nearly 7,000 jobs in the region.
SLMBC is committed to promoting partnerships with MBEs among major U.S. corporations through strategic marketing and communications programs that educate majority companies on the benefits of doing business with minority entrepreneurs. As we continue to make these strategic business connections, we will also look for innovative ways to become an even greater asset to our partners.
Our goal: to increase the amount of dollars spent with minority vendors, while helping member corporations develop and maintain the highest-quality diversity-procurement programs.
The result: a strengthened regional economy.