HOW SMALL BUSINESSES CAN BENEFIT FROM CORPORATE DIVERSITY CONTRACTS
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 11 March 2023
⏱️ 16 minutes
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Summary
In this Market Report go over how small businesses can benefit from corporate diversity programs. #diversity #smallbusiness #sba
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Transcript
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| 0:00.0 | All right, so in the second segment, we're going to talk about supplier diversity. |
| 0:04.1 | Right? |
| 0:05.1 | And so a lot of times people don't realize is that there are programs in place and some |
| 0:10.8 | stipulations, a lot of times in place that a big corporation or a government agency, they |
| 0:16.2 | have to use a portion of their budget for minority businesses, right? |
| 0:20.6 | So all right, can we go into that? |
| 0:22.6 | Let's do it. |
| 0:23.6 | All right, all right. |
| 0:24.6 | So, sorry. |
| 0:25.6 | So what's the deal with that? |
| 0:26.6 | What's the deal? |
| 0:27.6 | How do we get? |
| 0:28.6 | And can we define what a minority is? |
| 0:30.6 | That might be important to know first, sir. |
| 0:32.9 | Well, oh yeah, come into that. |
| 0:34.2 | We can do that. |
| 0:35.2 | So, tie together your question and your question. |
| 0:38.5 | There are programs out there where companies have to do business with people who are underserved. |
| 0:43.4 | And so the minority category is basically people of color. |
| 0:46.6 | So it could be someone who's black, Asian, Latino. |
| 0:50.4 | That is the minority community. |
| 0:52.4 | The native community has their own as well. |
... |
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