Building Trusted Networks
NMTC Membership Fee Structure
Minority Technology Company Membership The National Minority Technology Council has three (3) exclusive membership levels for Minority Technology Companies (MTC) at the District level. Each MTC member can elect higher membership levels up to and including our National Foundation Membership, however the MTC levels are exclusive to companies with majority ownership being held by a minority (Minority status as defined by the US Dept. of Commerce Minority Business Development Agency).
ANNUAL FEES 1
Executive Minority Technology Company Membership
$ 2,250
2
Certified Minority Technology Company Membership
$ 550
3
Registered Minority Technology Company Membership
Non-Paid (Database maintained by NMTC)
Two (2) of our MTC memberships are paid memberships that help support our District Strategy. Your decision to invest in the Council is truly an investment in your company. Our philosophy of building trusted networks aligns with the power of both association and trust. We believe that there truly is strength in numbers and as an industry there is value knowing, trusting, working, and collaborating with each other. The synergies will increase access to opportunities and resources and allow for new and innovative national and global leadership for our member Minority Technology Companies and partner stakeholders.
The key to our success will be in our ability to organize as a powerful body of believers. Believing that trust is not only possible but essential not only for our own internal desire to win business and increase market share, but essential for the US economy and the interest of our national security. The US minority will become the US majority and it is vital that we utilize the systems of commerce to aggregate resources and combine our joint intellectual property into a powerful and distributed network of vibrant and connected technology businesses.
Leadership, Strategy, and faith in what is not yet seen are at the core of our organization. Our ability to advocate and lobby for our industry is funded by membership. The Council was formed with the intent of moving the numbers not only through just rationalizations of parity but also by facilitating a collaborative environment that enables MTC’s the opportunity to robustly participate in active and large transactions and engagements creating jobs and wealth in our communities. The Council Article of Incorporation speaks to the comprehensive approach required to gain a leveraged foothold in this US economy. We will win by doing not by asking. There is a great need for reform and capacity building in the US and abroad and our members are both capable and ready for both the challenge and the rewards.
Article of Incorporation for the National Minority Technology Council (Exert)
ARTICLE II PURPOSES AND POWERS
The Corporation is organized and shall be operated exclusively as a business league or trade association within the meaning of Section 501(c)(6) of the Code of the Internal Revenue Code of 1986 and its regulations as they now exist or as they may hereafter be amended, for purposes that include, but are not limited to, the following: (i) To market, manage and promote a membership and trade association for the minority technology industry throughout the United States and abroad, including but not limited to all sectors of the technology industry, as well as service providers, universities, foreign embassies, non-profit organizations and governmental agencies; (ii) To advance and promote the existence of the great number of Minority Technology Companies located across the US doing business in the US and globally; (iii) To bring Members into personal and friendly relations with each other and to collaborate between companies and interchange ideas on technical, operational, marketing, and policy matters; (iv) To attempt to influence legislation germane to the common business interests of our members. (v) To provide a referral service for its Members, as well as numerous networking and educational events for its Members during each year; (vi) To conduct public relations and education programs to enhance and improve the public image of minority owned technology related businesses. (vii) To increase awareness of the existence of related technology business opportunities and access to capital among the minority community and further matters relating to, but not limited to, Universal Broadband Access and STEM (Science, Technology, Engineering, and Mathematics) Reform; (viii) To ratify the standardization of the minority certification process by promoting a public/private “universal/de facto� certification standard, enabling one stop certification, reducing or eliminating the burdensome need for multiple local, state, federal or large corporate minority certification; (ix) To present information, trade statistics, and group opinions of the minority technology industry to government agencies and bureaus. (x) To exercise all other corporate powers in furtherance of the above objectives not prohibited by the laws of the Commonwealth of Virginia. The corporation shall have all powers and authorities now or hereafter conferred upon non-stock, not-for-profit corporations organized under the laws of the Commonwealth of Virginia; provided, however, that no part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its officers, directors, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth above.
Minority Technology Company Membership Descriptions
EXECUTIVE MINORITY TECHNOLOGY COMPANY MEMBERSHIP $2,250
Leadership is key in any organization and the National Minority Technology Council is no exception. Executive Members have a keen interest in promoting the value of teaming, joint ventures, partnerships and potential M & A’s. The Minority Technology Industry is a multibillion dollar industry with members who are already successful. Our Council District strategy hinges on active leadership and continued stakeholder involvement.
As an industry we now recognize that trust is granted as well as earned. We need a system of leadership and cooperation in order to strategically compete. Teaming is a science not an event. Relationships are based on like interests and our Executive Members recognize the power of leverage and connectivity.
The Council relies on our Executive Members to lead committee initiatives and respond to new market demands. Executive Members represent their Districts at national meetings and regularly communicate with our national and regional team receiving legislative and market updates. Executive Members are highlighted on their District website and regularly meet with government leaders about upcoming Council meetings, events and initiatives.
Minority Technology Company Membership Descriptions
CERTIFIED MINORITY TECHNOLOGY COMPANY MEMBERSHIP $ 550
The National Minority Technology Council’s Certified Membership is our base membership for minority technology companies. This affordable membership invites members to our Council Intranet and our District open and closed member meetings. Members are able to participate in committee meetings and assist in the direction of local district level activities. Certified Members are included in communications about procurement and subcontract opportunities... Member news and events are highlighted on their local District Council Website and highlights may appear on Council newsletters. Members are expected to promote and favorably represent the Council brand. Our goal is to have a nationally recognized certification program that is not burdensome and results in incremental sales and relevant networking opportunities.
At the core of our Certified Membership is the recognition that future procurements will be based on “market research.” Our mission is to continually develop and maintain a survey based searchable database where qualified procurement officials can research resource needs based on capabilities and geographic criterion. The old myth “we can’t fine one” (meaning we cannot find any minority companies to fill a requirement) is no longer a viable reason for not doing business with our industry.
Minority Technology Company Membership Descriptions
REGISTERED MINORITY TECHNOLOGY COMPANY MEMBERSHIP NON-PAID
The National Minority Technology Council is an organization that is inclusive not exclusive. One of its primary purposes is to expose the sheer number of US technology companies that are owned and operated by minorities. The Council’s Registered Membership is a maintained and regularly updated database of minority technology companies sourced from government certified and self-certified listings of minority technology companies. This “opt-out” listing is not made available to partners, sponsors, or other member types. This listing is used for internal Council member communications and funded research on the Minority Technology Industry.
If you are not currently receiving communications from the Council and you wish to be added to the database, simply subscribe below and indicate which government website you are listed on for verification of your minority status. If your company is not listed on a government website, please indicate and we will direct you on how to be listed. There are no fees for this membership. This non-voting membership is subsidized by our Foundation level memberships.
Full Listing of Membership Levels
Membership Application available online To request a membership application please submit your request to www.nmtcmail.com We will call and verify your company information, requested membership level, and have you fill out a very short profile on your company.
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