Mayor A C Wharton, Jr.

1. The Memphis Office of Resources and Enterprise:Connecting Businesses Resources & Opportunitiesto Make Memphis a “City of Choice”for All Mayor A C Wharton, Jr.

2. CITY OF MEMPHIS-CITY OF CHOICE Five-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE Game Changing Priorities and Strategies VISION Memphis is a city of choice. In Memphis, we create safe and vibrant places for people to live, learn, work and play. Our economy grows prosperity and opportunity for all. We invest in our young people so that talent is developed and retained. We advance a culture of excellence in government so that we are responsive, accountable, and successful at meeting core needs.

3. CITY OF MEMPHIS-CITY OF CHOICE Five-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE Game Changing Priorities and Strategies PRIORITIES • 1. Create safe and vibrant neighborhoods • 2. Grow prosperity and opportunity for all • 3. Invest in our young people • Advance a culture of excellence in • government

4. Executive Summary • Poverty in Memphis Challenges the Entire Community Overall Poverty Rate: 26.9% African-American Poverty Rate: 31.9% Hispanic or Latino Poverty Rate: 37.4% Children in Poverty: 39.6%

5. Executive Summary City of Choice Strategic Imperative: Grow Minority and Women Business and Wealth Creation

6. City Leadership for Minority Business Development is Imperative Executive Summary • With Black/African American population at 63.3% and Hispanics or Latino population at 6.5%, Female population at 52.5%, and MWBEs are only 1.3% of Total Business Receipts. • Total City of Memphis purchasing from MWBEs started at 8% before MBDOC began in 2011, now 34% of spending goes to MWBE companies. • 2000 & 2010 Disparity Studies, and Wharton Transition Plan, identified need for City of Memphis to facilitate a coordinated strategy to drive growth in minority business receipts…beginning with City of Memphis purchasing

7. Executive Summary Leveling the Playing Field = the Opportunity To Compete Not a subsidy… Not affirmative action… Winning contractors must offer the best value – highest quality at the best price

8. Executive Summary Stakeholders Agree on SMWBE Challenges and Needs • SMWBE’s are challenged with lack of access to capital; exclusion from major new business opportunities; and lack of awareness of support services. • Support services for SMWBE’s are fragmented and uncoordinated with no “front door” • No shared community goals or vision for achieving increase in SMWBE business receipts • Many perceive that government is not held accountable for complying with minority participation goals or fostering a minority/small business development

9. CITY OF MEMPHIS-CITY OF CHOICE Five-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE Game Changing Priorities and Strategies Establishing MORE • Mayor’s Executive Order • Supports increased efforts by the City of Memphis to engage minority, woman-owned, and small business enterprises • Creates the Memphis Office of Resources and Enterprise • Memorandum of Understanding with City Vendors and Key Partners • Outlines goals and procedures for increasing participation by MBEs, WBEs, SBEs. • Designates MORE as primary engine to execute initiatives.

10. CITY OF MEMPHIS-CITY OF CHOICE Five-Year Strategic Management and Fiscal Plan 2012-2017 RE IMAG(E) INING MEMPHIS – A CITY OF CHIOCE Game Changing Priorities and Strategies Establishing MORE • Staff Accountability • Include attainment of minority purchasing goals in performance expectations and reviews • Data-Driven Process for Purchasing Goals • Identify feasible, strategic opportunities that are specific to individual divisions (vs. “across the board” goals) • Creates a roadmap for cultivating minority business growth to meet specific divisional needs and opportunities.

11. Executive Summary What MORE Delivers • Set coordinated strategy for City agenda relating to minority and women-owned business development • Facilitate coordination and collaboration among city and community stakeholders • Work with Memphis Business Diversity Oversight Commission (MBDOC) to review City purchases and develop procurement goals based on opportunities for SMWBEs • Maintain database of viable local SMWBEs to match them with City procurement opportunities • Drive increased community support resources for SMWBE growth that match City procurement goals • Regularly communicate information, progress and achievements to partners and general public.

12. Executive Summary Collaboration…Not duplication! • alt. Consulting • Accion • Black Business Association • City of Memphis Office of Contract Compliance • City of Memphis Renaissance Business Center • Community Lift • Downtown Memphis Commission • Economic Development Growth Engine • Emerge Memphis • FedEx Institute of Technology University of Memphis • Greater Memphis Chamber of Commerce • Hispanic Chamber of Commerce • Home Based Business Chamber • Innova • Launch Your City, Inc • Latina Memphis • LeMoyne-Owne College Community Development Corporation • Memphis Area Association of Governments • Memphis Area Minority Contractors Association • Memphis Urban League • Memphis Bio Works Foundation • Memphis Hispanic • Minority Business Development Agency • National Association of Women Business Owners

13. Executive Summary Collaboration…Not duplication! • Shield, Inc • Service Corps of Retired Executives • SEEDCO • Small Business Administration • State of Tennessee Department of Economic & Community Development • Tennessee Business Small Development Center • The Mid-South Minority Business Council Continuum • Tennessee Minority Supplier Development Council • Tri State Bank • U.B. Black Chamber, Inc • WBEC South Business Success Center • WBEC South

14. Executive Summary MORE – Helping Your Business Connect with Qualified Minority and Women-Owned Businesses • Identify, facilitate and communicate purchasing and partnering opportunities with minority businesses. • Grow the pool of minority and women-owned businesses offering high quality products and services. • Increase community prosperity, purchasing power, and quality of life.

15. Executive Summary Questions?

16. Executive Summary Contact Information: Alandas Dobbins, Director Memphis Office of Resource and Enterprise (MORE) 700 Adams Avenue Memphis, TN 38105 901-544-1847 E-mail: alandas.dobbins@memphistn.gov