“Billion Dollar Roundtable” Now Includes LGBT, Disability, and Veteran-Owned Businesses in Corporate Supply Chains
Washington, DC – The National Gay & Lesbian Chamber of Commerce (NGLCC), the business voice of the LGBT community, and Disability:IN (formerly USBLN), the disability inclusion business resource, are pleased to share that The Billion Dollar Roundtable voted to expand their criteria of diverse businesses counted toward a corporation’s billion dollar supply chain spend on diverse-owned businesses to include: certified LGBT Business Enterprises (LGBTBEs), Disability-Owned Business Enterprises (DOBEs®), Service-Disabled Veteran Disability-Owned Business Enterprises (SDV-DOBE™) and Veteran-Disability Owned Business Enterprises (V-DOBEs™).
“The inclusion of LGBT, disability, and veteran-owned businesses into the Billion Dollar Roundtable reflects the national best practice in supplier diversity of including all communities at the table of opportunity,” said NGLCC Co-Founder & President Justin Nelson. “In the United States, LGBT-owned businesses are creating tens of thousands of jobs and adding over $1.7 trillion to the economy, much of that due to inclusion in corporate supply chains. We’re proud to see our businesses included in the criteria that rewards corporate excellence in creating new opportunities for diverse-owned businesses to thrive.”
The Billion Dollar Roundtable was created in 2001 to recognize and celebrate corporations that achieved spending of at least $1 billion with diverse suppliers. The BDR promotes and shares best practices in supply chain diversity excellence through the production of white papers, thought leadership, and annual meetings. The group encourages corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels each year.
“In a country where 1 in 5 Americans have a disability, corporations are realizing the importance of disability inclusion across the enterprise,” said Jill Houghton, President and CEO of Disability:IN. “People with disabilities are nearly twice as likely to be self-employed as people without disabilities, and nearly one in 10 small businesses nationwide are veteran-owned. The inclusion of disability and LGBT-owned businesses presents more opportunities for diversity in The Billion Dollar Roundtable and will lead to more economic opportunity for people with disabilities.”
To date, the Billion Dollar Roundtable reports at least $72 billion in spend diverse-owned businesses. That number is expected to continue climbing as corporations are encouraged to count their spend with LGBT, disability, and veteran owned firms.
DOBE Spotlight Series: TechTrueUp
TechTrueUp, a Disability:IN® certified disability-owned business enterprise (DOBE), is a professional services company providing a range of services and solutions in strategy, consulting, digital, technology, and operations.
DOBE Spotlight Series: No Barriers Media
No Barriers Media, a Disability:IN® certified disability-owned business enterprise® (DOBE ®), is a multimedia production company specializing in strategic communications solutions, and developing messages inclusive of people with disabilities. Andrew Houghton, No Barriers Media founder, got into the media production business as a result of a production project he created for a news station. That experience allowed him to realize the influence media can have on its audience, particularly changing perceptions of people with disabilities. That initial project, along with […]
DOBE Spotlight Series: AbiliTrek
In today’s business world, small businesses and entrepreneurs face high competition. This is certainly evident when diverse suppliers strive to capture the attention and secure contracts with corporate America, as is the case with AbiliTrek. AbiliTrek rises above the rest through a clearly articulated value proposition and leveraging the DOBE certification.
DOBE Spotlight Series: Current Staffing Solutions
In today’s business world, it’s important to effectively articulate one’s value proposition. This is certainly evident for diverse suppliers in capturing the attention and securing contracts with corporate America, as is the case with Current Staffing Solutions.
Disability:IN Helping Disability Suppliers Perfect the Pitch
Cynthia Masters, Founder and CEO of DBS Interactive, a Disability:IN certified disability-owned business enterprise (DOBE), discovered first-hand the power of the pitch during this year’s Pitch Tank Competition, held at Disability: IN’s annual conference in Las Vegas.