The FSMSDC was founded in 1975 by the Greater Miami Chamber of Commerce and the Greater Miami Progress Foundation for the purpose of fostering the development of minority-owned businesses throughout South Florida. Central to our mission is the principle that networks and relationships among and between minority businesses and corporate and government buyers build businesses.
The Council’s main function is to register and certify minority-owned businesses. The process ensures that these businesses are 51% minority-owned and operated in accordance with the guidelines set by the National Minority Supplier Development Council.
The FSMSDC is one of 23 regional councils affiliated with the NMSDC. In order to more effectively carry out its mission, the FSMSDC provides support to corporate members and MBE affiliates from our headquarters in Miami as well as key locations throughout the state of Florida. Our service area includes the entire state of Florida.
- Florida Regional Minority Purchasing Council founded
- Twenty corporate members join the organization
- Affiliation with National Minority Supplier Development Council (NMSDC) established
- Don Foster hired as Executive Director
- Council gains 10 new corporate members
- MasTec, SFMSDC’s certified MBE becomes first Hispanic publicly traded company
- Annual Trade Show moved to Broward County Convention Center with more than 200 exhibitors
- AT&T donates office space to the organization
- Council hosts NMSDC Conference and Business Opportunity Fair
- Budget surpasses $300,000
- Minority business spend surpasses $1 billion a year
- Name is changed to the Florida State Minority Supplier Development Council and begins to serve the entire state of Florida
- FSMSDC wins contract to manage the Miami and Orlando Centers.
- Wins the Disaster Recovery and Aquaculture grants.
- MasTec becomes the first MBE Fortune 500 Company
- Name changed to Southern Florida Minority Supplier Development Council to be in line with National Minority Supplier Development Council
- SFMSDC develops Technical Assistance Program (TAP)
- Business Intelligence Report (BIR) published
- Budget surpasses $1 million
- Council celebrates 40th Anniversary
- The Council became the FSMSDC and serve the entire state
- Wins contract to manage the Miami and Orlando Centers
- Win disaster recovery and aquaculture grants