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October 27, 2023

GMSDC was among groups attending Minority Business Opportunity Week

The Georgia Minority Supplier Development Council (GMSDC) recently made its mark in the heart of Times Square during the unveiling of the Minority Business Opportunity Week (MBOW) campaign on the Nasdaq Jumbotron.

The event marked the beginning of a week-long celebration of the achievements of minority businesses in Georgia and their invaluable contributions to the state’s economy.

The campaign, aptly named “Georgia Means Business,” showcased a captivating photo collage of prominent figures from the state. Among those featured were senior executives from Georgia corporations, chambers of commerce, minority-owned businesses, advocates for small and diverse-owned businesses and Lisa Y. Benjamin, chief operating officer of the city of Atlanta. This initiative pays homage to Georgia’s consistent recognition as the “Number One State for Business” and celebrates the flourishing minority business community.

Stacey Key, president and CEO of GMSDC, expressed her admiration for Georgia’s ascent as a hub for business innovation and diversity.

“We were honored to champion the achievements of our minority business community during Minority Business Opportunity Week,” she said. “It’s a testament to the collaborative spirit that defines our great state.”

Georgia has earned its reputation as a haven for business, characterized by its welcoming business environment, proactive economic development efforts and robust growth in various sectors. Notably, Atlanta recently clinched the top spot nationally for the highest percentage of businesses owned by minorities — an accolade that underscores the supportive atmosphere fostering the growth of minority enterprises.

The state has become a magnet for film, entertainment and gaming production, now boasting the nation’s third-largest movie and TV production economy, outpaced only by New York and California. Georgia has also successfully attracted cutting-edge technology projects, including electric vehicle manufacturers (EVs), green industry manufacturing facilities and colossal battery production plants for EVs.

Coupled with the expansion of the Savannah port to accommodate the world’s largest cargo ships, Georgia stands poised to lead in various industries for years to come, Key said.

With its community transacting a remarkable $10 billion in annual revenues — yielding an economic impact exceeding $20 billion — and serving more than 400 corporations and 1,200 certified minority business enterprises, the GMSDC remains at the forefront of promoting diversity and inclusion in Georgia’s business landscape, she said.

To learn more about GMSDC, visit gmsdc.org.