The University of Toledo Minority Business Development Center (UTMBDC) is a center of business incubation and activity.
That certainly was the case over the past year when the University of Toledo Minority Business Development Center saw its membership & affiliations with local minority-owned businesses increase for the fourth straight year. The UTMBDC is a program established by the UT Office of External Affairs and Equity, Diversity and Community Engagement to aid and assist minority-owned businesses in their endeavor to become successful.
The center provides a number of programmatic activities for its members including monthly members meetings that address key business topics, quarterly workshops intended to provide a more in-depth understanding of business methods and strategies and identifying and participating in an annual business conference. Also, members are required to submit requested assignments; like producing a growth plan and documentation for evaluation such as financial statements.
UTMBDC, located at the UT Scott Park campus, currently serves as home for 13 minority-owned business members while nine other businesses utilize the center’s amenities, including conference rooms, training rooms, etc… UTMBDC members and affiliates accounted for nearly $3 million in revenue and employed more than 50 individuals during the past calendar year
According to Dr. Frank Calzonetti, Vice President for Government Relations, “the center is an important element in The University of Toledo receiving recognition by the Association of Public and Land Grant Universities as one of 16 institutions nationwide as Innovation and Economic Prosperity Institutions. This designation helps to elevate the standing of UT nationwide as a leader in working with the community in advancing innovation and prosperity.”
For more information about the UT Minority Business Development Center visit www.utoledo.edu/incubator/mbdc
Erik Johnson is Erik C. Johnson is the University of Toledo Minority Business Development Center Manager. As an Entrepreneur, Erik has gained a wealth of knowledge and experience in Minority Business Enterprise development. He started his first certified minority business enterprise in 1994 and grew that venture to become one of the largest minority owned firms in the state of Ohio. As an Intrapreneur, employed by the University, Erik provides client assistance oversight, manages objectives for incubating firms, monitors the incubating firm's progress and participates in recruitment, screening and lease arrangements. He also, facilitates a personal & professional development class "Entrepreneur U" at the UT Catharine S. Eberly Center for Woman and provides Diversity Certificate Training for UT Culture Building Institute. Raised in Warren, Ohio, Erik now Resides in Toledo with his Wife and two sons. Erik is a Graduate of Bowling Green State University with a Bachelor of Science Degree in Construction Management. He enjoys watching movies and sporting events.
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