The City’s Office of Minority Business Development (OMBD) is proud to offer technical assistance and training activities on a variety of topics, as well as networking opportunities for minority and emerging small businesses.
As contracting and development opportunities in Richmond increase, OMBD remains committed to providing maximum opportunities for minority, disadvantaged and emerging businesses. It is the agency’s mission to help these businesses participate in the full array of contracting opportunities that the city of Richmond has to offer.
“We remain committed to having an inclusive environment that can lead to an increase in the number of minority-owned and emerging businesses that participate in city projects,” said Mayor Dwight C. Jones.
While OMBD's programming encourages minorities to start new businesses, the agency is equally focused on ensuring that existing minority and emerging businesses take the necessary steps to achieve substantive growth. Programs are geared to inform, educate and motivate minority and emerging firms to become more involved in City procurement opportunities as well as create opportunities that enable contractors and service providers to build strategic alliances.
Training and seminar topics vary and the following provides a brief overview:
How to Start a Business
Overview of essential elements of starting a business, such as business planning, marketing and financials, how and where to file for a business license and obtaining various permits
Developing a Business Plan
Details the importance and explains the various components of the business plan
Understanding Procurement Solicitations
Details the various types of City solicitations: RFP, IFB, RFQ, Sole Source, CM@Risk and The Richmond Supply Schedule
Advantages of Teaming and Partnerships
Introduces the concept and various types of partnerships and teaming including joint venture opportunities
Do the Right Thing! Budgeting, Bookkeeping, and Taxes
Details various business structures, accounting methods and the information needed
to develop a business budget
Emergency Preparation and Continuity for Businesses
Focuses on Emergency Preparedness & response and Fundamentals of business continuity planning
Preparing for a Business Loan
Details elements needed to complete a loan package, the role credit ratings play, and a review of the loan process
Spanish courses are also available. A full schedule of upcoming training sessions and outreach events are available by clicking here or by calling (804) 646-5947.