Reported in the January/February edition of the the SFAA Newsletter, the Minority Business Development Institute (MBDI) offered its first performance bond readiness program. The Program offers a direct, one-on-one learning opportunity focused on women, minority and local, emerging contractors. MBDI’s CEO David Cayemitte stated, “Our entire curriculum is based upon surety underwriting requirements. By focusing on turning around the business reasons why emerging contractors have traditionally not qualified for surety bonding ( ) MBDI pre-underwrites and prepares program participants to become viable risks.” The Newsletter reports that MBDI’s goal is to prepare over eighty contractors to become “bond ready” over the next two years. Surety One, Inc., lauds the MBDI’s efforts to assist qualified women owned and minority businesses to obtain performance bond capacity. The expansion of the surety category and the addition of deserving contractors is good for all! Visit us at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com.
