IM 004: Helping Entrepreneurs and Minority Owned Businesses | Terrence Clark

Terrence Clark heads the New York & New Jersey Minority Supplier Development Council, one of the 23 councils within the National Minority Supplier Development Council network.  The Council brings together more than 900 certified minority owned businesses and more than 120 corporate members for new business opportunities.  He has dedicated his 30 year career to helping entrepreneurs, minority owned businesses, and small business enterprises to grow and prosper.

Guest Biography

As President and CEO, Terrence Clark provides operational oversight and carries out full management and operational responsibilities for Council staff, including personnel, administration, work delegation and performance evaluations. He also provides supervision and direction related to programs and activities in the Council’s market areas – the State of New York and New Jersey up to the Trenton area.

Prior to this position, he served as vice president of Entrepreneurship and Business Development for the National Urban League. He also served as senior vice president of Knowledge Sharing for Opportunity Finance Network, where he was responsible for the management consulting, training and annual conference lines of business for community development financial institutions nationwide.

Clark was executive director of the 47th Street Business Improvement District for nine years assisting the 2,600 business owners in New York’s Diamond District in improving economic conditions in the district and marketing its services to a wider client base. He was also executive director of Manhattan Minority Business Development Center, Bronx Small Business Development Center and the Pace University Minority and Women Business Development Center.

Clark began his career with the United States Small Business Administration, where he served as assistant district director for Management Assistance. He graduated from Hunter College with a bachelor’s in Economics.


In this episode, you will learn:

  • How the New York & New Jersey Minority Supplier Development Council works to help minority owned businesses.
  • How businesses that grow can create jobs, lift communities, and build the economy.
  • What it takes for small businesses to succeed and pitfalls to avoid.

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About the Author: Andrew Wang

Andrew Wang


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