The Michigan MBEC provides
an extensive array of services to the minority business sector. The Center offers detailed
business consulting services that include but not limited to:
Marketing
Marketing research
Marketing Plans
Sales Forecasting
Market Feasibility Studies
Price Analysis
Product/Customer Service Studies
Financial Management
Capital Budgeting
General Accounting
Break-Even Analysis
Cost Accounting
Financial Planning
Budget Analysis
Financial Assistance
Identification of Financial Resources
Conventional Loans
Alternative Loans
SBA Loans
Micro Loans
Venture Capital (Equity)
Angel Capital (Equity)
Mezzanine Financing
Factoring
Business Valuations
Procurement Assistance
Identification of contracts from municipals, state, and federal government
agencies, as well as the private sector.
Federal 8 (a) minority certification program application assistance and packaging.
Assistance in writing and submitting bids.
ELIGIBILITY
The Michigan MBEC provides assistance directly to socially or economically
disadvantaged individuals who own or wish to start a business with a minimum of 51 percent
ethnic minority ownership.
Such individuals racial or ethnic heritage falls under:
Asian Pacific Americans
Asian Indians
African Americans
Eskimos/Aleuts
Hasidic Jews
Native Americans
Spanish Speaking Americans
Puerto Ricans