The University of Washington is well positioned to offer a program such as this due to our Business and Economic Development Center (BEDC). For ten years, the BEDC has linked students, faculty, and staff from the UW Business School with a racially and ethnically diverse business and nonprofit community to expand students' knowledge and skills, help small businesses grow, create and retain jobs, open educational opportunities for under-represented minority students, and stimulate innovative economic development research.
Executive Education and BEDC have created a strategic partnership with the Northwest Minority Business Council (NMBC) to launch the MBEP program which has been designed to increase the competitiveness of Minority Business Enterprises.
For over 30 years, NMBC has been an advocate for minority businesses by working with corporations and public agencies that understand the importance of having a diverse supply base that reflects their customers, as well as today's global economy. The organization currently serves the states of Washington, Oregon, Montana, Idaho, and Alaska.
Founding Corporate Partners
A major component in launching the MBEP: Operating Sustaining, and Growing A Minority Business, is the generous financial support from our Founding Corporate Partners: The Boeing Company, Microsoft, Nordstrom, and Washington Mutual. Their financial support and expertise have allowed for the development, specialization and launch of this program. The Michael G. Foster School of Business wishes to acknowledge and thank them for their support.
This accelerated one-week intensive program is designed to assist minority business leaders face potential business challenges. Participants will learn to utilize financial tools to make more effective decisions, develop and understand long-term strategic plans for growth and sustainability, market their products and services more effectively, manage their processes and projects more efficiently and develop their leadership skills.
This program will utilize interactivity through a combination of lectures, discussions, guest speakers, panels, interactive simulations, team exercises, and self-assessments. Participants will gain knowledge, tools, and a valuable network to help them achieve their business goals.
The key topic areas of this program are:
- Finance and Accounting
- Brand Management Strategy
- Entrepreneurship and Innovation
- Marketing Strategy
- Human Resource Management
- Business Ethics
This program is designed for owners and executives of minority-owned businesses with at least $300,000 in revenues.