New Obama Administration Initiative Announces winners, $37 million to Jobs & Innovation AcceleratorMichigan Minority Supplier Development Council one of the 20 Regional winners that will Help Spur Economic Growth and Job Creation
By: PAM PERRY 
@DiverseBusiness Michigan Minority Supplier Development Council (MMSDC) is part of the Southeast Michigan cluster which has been awarded $2.1 million dollars through the federal Jobs and Innovation Accelerator Challenge to create new jobs and technologies related to the rapidly emerging advanced energy storage system (AESS) industry cluster. Advanced energy systems are critical to the future of the automotive industry, which is innovating rapidly around vehicle electrification and hybridization. The alternative energy economy also relies heavily on energy storage systems, like batteries and powertrains, to prolong the life of energy generated by solar and wind systems. “Our role here at the Michigan Minority Supplier Development Council will be to focus on diversifying existing firms that are affected by the rapidly shifting automotive industry so they can create jobs now and long into the future, said Louis Green, President/CEO of MMSDC, which is located in Detroit. “We are excited to be assist the emerging majority create new jobs and technologies related to the rapidly emerging advanced energy storage system,” said Green. "We are making steady progress towards putting America back to work," said U.S. Secretary of Labor, Hilda Solis in a conference call with reporters. "The accelerator program uses federal dollars in a smarter way to build up regional economies." The multi-agency grant comes from the Employment and Training Administration, the Economic Development Administration and the Small Business Administration. The SBA’s grant of $150,000 will directly support the Michigan Minority Supplier Development Council’s efforts to build diverse business opportunities for minority suppliers. The announcement of the winners was made last week in Washington D.C. by Acting U.S. Secretary of Commerce, Rebecca Blank; U.S. Secretary of Labor, Hilda L. Solis; Small Business Administration Administrator (SBA), Karen Mills; and U.S. Assistant Secretary of Commerce, John Fernandez. “SBA has a long history of support for regional clusters, and the Jobs and Innovation Accelerator Challenge is an important next step, said SBA Administrator, Karen Mills. “I am pleased that SBA is contributing funding to bring under-served small businesses into regional clusters across the country. By working with other federal agencies, we can link, leverage, and align our resources to give small businesses the tools they need to work together, grow and create jobs.” Both Mills and Louis Green agree that working together works. “Overall, this will equal more than $2 million investment in jobs for the southeast Michigan region, said Green, “and we are the ready to get to work.” For more information on the Jobs and Innovation Accelerator Challenge, visit: http://www.eda.gov/ About the MMSDC: Founded in 1977, the Michigan Minority Supplier Development Council (MMBSC) has more than 1,300 certified minority businesses and over 300 corporate members working to further its mission to certify minority businesses; provide access to procurement opportunities; The MMBDC was recognized by the National Minority Supplier Development Council as “Council of the Year” for its work with major corporations to promote minority business development and growth. MMSDC is a non-profit, 501c 3 organization. For more information visit the MMSDC’s website at http://www.minoritysupplier.org # # # Social Media PR Solutions provides social media, marketing and public relations SOLUTIONS for businesses and organizations to help them stand out, get exposure and build quality relationships within the media and multicultural marketplace. Photo: https://www.prlog.org/ End
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