IMPACT

2019-2020

Strategic industry engagement provides a competitive edge.   The National Minority Technology Council, through our efforts with minority technology employers, brings access to both contracts and new talent resources, which in turn has an impact on our communities. 

This industry status brings knowledge, capability and the power distinguished through a 501c6 non-stock organization.  The Council works to mitigate risks and connect company owners to Public and Private partnerships.  Our focus on both research and solution design helps to ensure growth in the ecosystems we serve.

 Join us in this new journey of prosperity as the National Minority Technology Council and the Council Exchange Board of Trade combine to better serve the minority technology industry.

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Feb142019

Chairman Cureton to Testify to at IRS - Department ofTreasury regarding Qualified Opportunity Zone Business funding.

Our members are connecting on deals and on community wide issues. We see this effort as one of the critical steps to improve our economy, bring prosperity to our members, and girding up and employing our nation’s disenfranchised workforce.

Minority Technology Companies

65,000

This national network of both owners and employees are natural ambassadors for change and represent one of the best possibility for future economic growth in our country

Contractor Team Arrangements

Size of the Minority Tech Industry

$100Billion

Vendor Governance, as an internal procurement management system, facilitates teaming relationships between the minority technology industry and our public/private sector trading/research/service delivery partners.  

The National Minority Technology Council (NMTC) has engaged in research over the past 8 years to develop a teaming plan for our members who have a GSA schedule and wish to leverage the collective power gained through partnerships.  

NMTC's Vendor Governance program was created to reduce risk by establish processes that both sharing responsibilities with other team member and provide a trusted supplier network governed by a structured framework.

National Minority Technology Council

The National Minority Technology Council's Looking Forward Research and Development program works to delineate the body of knowledge on a set of regional economic ecosystems located in the U.S. 

STEMCortex is a member led design based research project that works to innovate the connection between education, knowledge and ideas with CTE (Career and Technical Education) and STEM (Science, Technology, Engineering and Math) instructional pedagogies in public education. This applied research focuses on Title I schools in urban and rural communities with high minority populations.

Looking Forward Research & Development

Innovation in Motion

Innovation in Motion is part of an industry focused, design based, applied research framework that studies how best systems connect and improve in public good ecosystems. 

Workforce systems are best envisioned with stakeholders including employers. Industry allows for multiple businesses and community partners, all sharing in the outcomes.

Minority Cyber Inclusion Council

The Minority Cyber Inclusion Council works to bridge the gap between industry, government and education in order to inform the minority community about the growing employment and training opportunities.

Building an Inclusive Cybersecurity Workforce

Local Responsibility

MCI Council, as a convener for subject matter experts willing to develop networks and systems that amplify resilience and scale, will build sustainable solutions through education, partnerships and research.

Global Resiliency

Council Enterprise Growth Algorithms

Building agreements from a predictable research platform builds trust and allows for the necessary concessions required for large contract negotiations.  NMTC's growth algorithms are components of evidence based process improvements that create a more efficient and effective regional ecosystem.

Short Disclaimer

OUTCOME FUND IS A QUALIFIED OPPORTUNITY FUND RESEARCH PROGRAM OFFICE OF THE COUNCIL EXCHANGE BOARD OF TRADE ("COUNCIL.EXCHANGE") , WHICH IS AUTHORIZED AND REGULATED BY IN ACCORDANCE WITH INDUSTRY CUSTOM, THIS SITE OCCASIONALLY USES TERMINOLOGY THAT MAY BE INTERPRETED TO SUGGEST THAT OUR RESEARCH IS ACTUALLY A SINGLE ENTITY. HOWEVER, THERE IS NO SUCH SINGLE ENTITY AND ALL OF THE "ENTITIES, PROGRAMS" THAT COMPRISE OUR DESIGN BASED INDUSTRY RESEARCH ARE IN DEVELOPMENT TO HAVE THEIR OWN SEPARATE LEGAL EXISTENCE.  . IN ORDER TO FACILITATE THE COMPLEXITY OF THIS FUTURE QUALIFIED OPPORTUNITY FUND AND EFFECTIVELY ORGANIZE FUTURE RESEARCH WILL MERGE WITH THE COUNCIL.EXCHANGE.

Articles featured on this page are for informational purposes only. This is not an offer to sell nor a solicitation to buy the Council's Opportunity Fund. That can only be done by a confidential Industry Private Placement Memorandum (“PPM”). Future securities offered by the Community Outcome Fund would require more compliance work internal to our organization and once that is completed be directed towards accredited Investors only. 


Limited Liquidity.  Future shares that would be sold in any future potential offering have not been approved or disapproved by the Securities and Exchange Commission or any state’s securities division. Nor has the Securities and Exchange Commission or any state securities department passed upon the accuracy or adequacy of the PPM or the disclosures provided therein. Any representation to the contrary is a criminal offense.

Cybersecurity

& the Economy

Chairman Cureton's topic warranted his testimony Thursday February 14, 2019 in front of the Internal Revenue Service at the Department of the Treasury.   The Minority Technology Industry represents over 65,000 companies of which some 6,000 are estimated to be impacted by the Opportunity Zone proposed ruling (1400Z-2).

Further the impact of the Opportunity Fund proposed ruling on small entities, to include small towns under 50,000 (includes every rural Opportunity Zone) and the efficacy of a Qualified Opportunity Zone Joint Venture Model for long term (2047) investment horizon.

Concerning the Regulatory Flexibility Act and Treasury's Certification


Topic:

Topic: Concerning the Regulatory
            Flexibility Act and Treasury's Certification

Narrative:
 
Taxpayers who invest in opportunity funds and qualified opportunity businesses will have a significant future economic impact on a substantial number of U.S. small entities. Unfortunately, Treasury has certified that these proposed regulations, if adopted, would not have a significant economic impact on a substantial number of small entities that are directly affected by the proposed regulations.
 
As one of the country’s fastest growth technology sectors, NMTC represents over 65,000 minority technology companies with total annual sales of over $100 Billion. NMTC has assessed this proposed rule (Section 1400Z-2) and Section 1400Z-1 both as high impact pieces of legislation.
 
It is critical Treasury reconsiders its position to be in alignment with the White House’s stated position that Opportunity Fund investments exist to, in part, fund new and small businesses. NMTC highly recommends Treasury and the SBA take immediate action to include an initial regulatory flexibility analysis to the Chief Counsel for Advocacy of the SBA.
 
To accomplish this process Treasury must de-certify its position concerning the Regulatory Flexibility Act and consider the impact on the U.S. small business ecosystem.
 
Furthermore, more consideration is needed on how Treasury defines a Qualified Opportunity Zone Business.  Chairman Cureton will outline how technology innovation, governance and investor understanding of risk is predicated on a better definition of the structure of a Qualified Opportunity Zone Business.
 
Chairman Cureton will also discuss multiple examples to illuminate the necessity of this change and the impact Opportunity Funds will have in bolstering the local economy in our most distressed U.S. communities.

Department of the Treasrury

Investing in Qualified Opportunity Funds; Hearing

FEDERAL DATA STRATEGY

Leveraging Data as a Strategic Asset

Many high-level civic data challenges have been identified in the past–archaic data management practices and IT legacy systems, issues with data sharing and interoperability, and a lack of secondary use considerations. But the Federal Government lacks an overall approach to tackle these challenges and prioritize data infrastructure improvements that serve the public. The Federal Data Strategy needs priority data Use Cases to ensure it is comprehensive and actionable.

For the purposes of the Federal Data Strategy, a “Use Case” is a data practice or method that leverages data to support an articulable federal agency mission or public interest outcome. The Federal Data Strategy is seeking examples that solve problems or demonstrate solutions that can help inform the four strategy areas: Enterprise Data Governance; Use, Access, and Augmentation; Decision-making and Accountability; and Commercialization, Innovation, and Public Use.


The Data Incubator Project

Public Comment - Use Case Submission - Adopting and executing the Integrated Economic Indicator State Longitudinal Data System (IEI-SLDS) described in this comment would leverage economic data to help policymakers put Americans to work.


Abstract

Algorithms that link calculated datasets as predictive exchanges will soon prove the value of smart contracts, governed workflow and merit-based entitlement payout systems focused on outcomes rather than outputs.

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National Minority Technology Council
Looking Forward Research & Development

DISCOVERING YOUR TRUE POTENTIAL THROUGH FAITH AND WORK

National Minority Technology Council

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National Minority Technology Council

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Terms & Conditions

Member benefits and the rights of the 501c6 that represents them are an important step to combining our joint will to serve and protect our interests..

The National Minority Technology Council's, DC office address is 1629 K ST. Suite 300, Washington D.C., 20006.  You may call us from 8:00am to 5:00pm(EST) Monday - Friday at 202-600-7828

The Council Exchange Board of Trade is organized as a 501(c)6 Trade Association.  You may call us from 8:00am to 5:00pm(EST) Monday - Friday at 703-952-3334

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Mc Lean, Virginia  22102