The Business Council's Supplier Diversity Module was started in 2002 to accelerate the economic development of ethnically diverse businesses and expand the ethnically diverse entrepreneurial community, with initial emphasis on Black-owned businesses. The module is a supplier network that brings together ethnically diverse businesses with corporate and public-sector firms to explore business opportunities and create business relationships. As of January 2011, the module had generated $135 million in revenue for 20 participating ethnically diverse businesses.
The underlying need for the module stems from the disparity between the revenues of ethnically diverse-owned firms compared with those of others in the metro area. While ethnically diverse firms make up 6.5% of the total companies in the Milwaukee region, only 1.3% of total revenues in the metro area are produced by ethnically diverse firms.
Key benefits of the supplier diversity module There are a number of important benefits for ethnically diverse businesses, corporations, and large and midsized companies that participate in the supplier diversity module:
The underlying need for the module stems from the disparity between the revenues of ethnically diverse-owned firms compared with those of others in the metro area. While ethnically diverse firms make up 6.5% of the total companies in the Milwaukee region, only 1.3% of total revenues in the metro area are produced by ethnically diverse firms.
Key benefits of the supplier diversity module There are a number of important benefits for ethnically diverse businesses, corporations, and large and midsized companies that participate in the supplier diversity module:
- Build new business relationships between ethnically diverse companies and corporate and public-sector organizations
- Develop capacity and scale for ethnically diverse firms
- Create access to new companies and markets for ethnically diverse businesses
- Accelerate business expansion opportunities and job creation
- Provide needed educational resources to both ethnically diverse and corporate firms looking to participate in supplier programs
- Contribute to prosperity and wealth in the ethnically diverse community
Contact us to see how your business can participate |
Corporate Participation Corporations currently participating in the supplier diversity module include:
Ethnically diverse businesses currently participating include:
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