CVMSDC promotes and facilitates business relationships between the public/private sector and certified minority-owned businesses. CVMSDC is a membership organization of major corporations, financial institutions, government agencies, and universities that operate within North Carolina, South Carolina, and Virginia. CVMSDC is a private, non-profit organization categorized by the IRS as a 501(c)(3). It is funded by membership dues, certification fees, and proceeds from programs activities. In addition, funds are also received from the National Minority Supplier Development Council. The Council serves all of North Carolina, South Carolina, Central, Eastern, and Western Virginia. Divided into eight regions, the Council is headquartered in Charlotte, North Carolina with a regional office located in Richmond, Virginia. CMVSDC relies on local advisory committee volunteers in the eight regions to assist with programs in each region. This approach helps develop closer relationships with members, and better defines programs and services.