CEIPAL Connect

Terrence Clark

President and CEO, New York New Jersey Minority Supplier Development Council

Terrence Clark serves as the President and CEO of the New York New Jersey Minority Supplier Development Council. At the Council, Terrence provides operational oversight and carries out full management and operational responsibilities for the Council staff including personnel, administration, work delegation and performance evaluations. He also provide supervision and direction related to the Council program areas and activities in the Council’s market areas which are the State of New York and New Jersey up to the Trenton area.

Prior to this position, he served as the Vice President of Entrepreneurship and Business Development for the National Urban League, where he was responsible for the management of all of the small business and entrepreneurship programs. Terrence also served as the Senior Vice President, 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.

Over the course of his career, he has served in a variety of leadership positions for community and economic development organizations over the past twenty five years. He served as the 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 also served as the Executive Director of the Manhattan Minority Business Development Center, Bronx Small Business Development Center and the Pace University Minority and Women Business Development Center, where he managed and provided management consulting and business training services to small, minority and women business owners.

Terrence began his career with the United States Small Business Administration, where he served as the Assistant District Director for Management Assistance managing and providing management consulting and training services to SBA clients in the downstate 14 counties of New York. He is a graduate of Hunter College of the City University of New York, with a bachelor’s degree in Economics.

He serves as a board member of TruFund Financial Services, the Supplier Diversity Development Council of New Jersey, the New York New Jersey Minority Supplier Development Council and sits on the Economic Impact Committee of Stonehenge Capital. He is also a member of the Economic Club of New York and sits on the Minority and Women Business Enterprise Advisory Councils for the NYC Comptroller Scott Springer and Governor Andrew Cuomo. He is named as one of the Notable Black Leaders and executives by Crain’s New York in 2021.

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