$2.4 Million Boost for Minority Enterprise

Here is the latest news from the Minority Business Accelerator 2.5+, a regional collaboration that is working to increase the size and scale of minority-owned enterprises:

Mumford

For Cynthia Mumford, president and owner of Triple A Builders, Inc., necessity influenced her career path, which began in health care services and evolved into running a general contracting and builder supplies business. “My contractor didn’t finish my house. I had to finish it myself,” she says of her family’s 4,000-square foot home in the Hough area. Now, aided by consulting assistance provided by the Minority Business Accelerator 2.5+, her company is prepping to work as a subcontractor on a $2.4 million project for the new Cuyahoga County Juvenile Justice Center project. Triple A Builders will be mentored by prime contractor Acme Arsena Company, Inc. on furnishing and installation of architectural fiberglass, gypsum board systems and fixed sound absorbing panels.

At the request of the County, the Commission on Economic Inclusion, program manager for the MBAccelerator 2.5+, began the process of bringing together small and large contractors to promote inclusion on the project, a goal for both the County and Ozanne Construction Co., the project’s construction manager. Now that Mumford’s on board as a subcontractor, the MBAccelerator 2.5+ will work with her to ensure that she can fulfill her contractual requirements and turn a profit. The Accelerator2.5+ also will work with Arsena to ensure that its relationship with Mumford is a win as well.

Author: advance759