Capacity Building and Outreach
Education is critical to helping DBE firms grow. Through a grant from the U.S. Department of Housing and Urban Development and partnerships with local non-profit entrepreneur development organizations, the Office of Supplier Diversity offers a variety of training resources for DBEs.
A lack of access to capital, credit, and surety bonding limits the ability of DBE firms to compete in the open marketplace. As a result, the Office of Supplier Diversity is developing programs that help DBE firms improve access to the financing tools they need to grow.
Compete, Win, Perform
The Office of Supplier Diversity conducts comprehensive training seminars designed to help the City's entrepreneurs learn how to build competitively viable businesses in the City of New Orleans.
Small Business Assistance Fund
The goal of the Small Business Assistance Fund is to match creditworthy DBEs with products, lenders and intermediaries that will help them secure working capital, lines of credit, contract loans or construction mobilization loans.
The Small Business Administration (SBA) offers surety bonding assistance to small businesses for public and private projects. SBA guarantees bid, performance and payment bonds issued by surety companies. This Federal guarantee encourages surety companies to bond small businesses who are having difficulty obtaining bonding on their own.
The Office of Supplier Diversity has developed a comprehensive DBE outreach plan designed to 1) facilitate interaction between certified DBEs and City departments, prime contractors and other internal and external stakeholders and 2) facilitate the flow of information regarding procurement, training and other opportunities provided through the Office of Supplier Diversity. The outreach plan includes:
Success through Certifications
A comprehensive seminar about the City's certification programs as well as other Federal, State and private sector business certification programs and registrations to improve access to opportunities for DBEs.
Office of Supplier Diversity Newsletters
Register to receive e-mail notification of Office of Supplier Diversity business development training seminars and other DBE-related information.