The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) has announced the creation of a new program, SUPPLIER DIVERSITY CHAMPIONS, that encourages and inspires corporations to use more minority and diverse businesses owned by Asians, Blacks, Hispanics, Native Americans, disabled, LGBT, veterans, and women in their purchasing activities.
USPAACC National President & CEO Susan Au Allen made the virtual announcement as corporate members, Asian American businesses, federal and state government representatives, and USPAACC board and regional chapter leadership joined the live meeting to lend their support.
“It is time for us to recognize these agents of change, champions of diversity and inclusion, who are steadfastly committed to helping to ensure the communities they serve would grow and thrive,” said Allen.
SUPPLIER DIVERSITY CHAMPIONS will recognize corporations that show an increase in their supplier diversity spending.
This growth-based initiative has been in development for over a year, according to Allen, and it was President Biden’s Executive Order 13985 instructing all federal agencies to increase their purchase from minority businesses from 5% to 15% in the next five years, that has propelled USPAACC to officially announce this new program at the conclusion of a successful SYNERGY FORWARD national conference today.
The new program was announced on the third day of CelebrASIAN Business Development Conference Part 2. The first part was held in early June, also through a virtual platform.
To learn more about USPAACC or CelebrASIAN, visit uspaacc.com or celebrasianconference.com.
Founded in 1984 in the nation’s Capital, the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) is the most established and effective national nonprofit nonpartisan organization representing all Asian American and Asian American-related groups in business, sciences, the arts, sports, education, public and community services. Our mission is to promote and propel economic growth and job creation by opening doors to business and professional opportunities for Asian Americans and their partners in corporations, government at the federal, state and local levels, and the small, minority and diverse business communities. For 35 years, USPAACC has served and will continue to serve as the unified voice for equal opportunity in business for Asian Americans, as the gateway to corporate and government contracts, to Asian American suppliers, and information about Asian Americans and the Asia-Pacific and Indian Subcontinent markets.
Our signature annual thought-leadership programs include: College Hallmark Scholarship Program that began in 1989, One-on-One Prescheduled Business Matchmaking Meetings in 1998, Supplier Diversity & Procurement Leadership Caucus in 2004, Federal Contracting Town Hall Meetings in 2005, Fast 100 Asian American Businesses in 2008, Business Executive Coaching: ReadySetGrow in 2011, Chief Procurement Officers Forum in 2011, What’s Your Pitch Innovation Competitions in 2015, Chief Technology & Information Officers Forum in 2017, and Corporate Employee Business Resource Group Leadership Caucus in 2017.
Headquartered in Washington DC, USPAACC reaches Asian American businesses nationwide through regional chapters in California, Texas, New York, Georgia, Illinois and the Washington DC-Maryland-Virginia National Capital Area.
The SD Champions program advanced by USPAACC represents a purposeful shift away from awards solely based on a corporation's ability to spend and moves toward a new emphasis that encourages transparency, innovation, inclusion, impact on the community, and integration in supplier diversity programs.
Susan Au Allen, National President and CEO of the US Pan Asian American Chamber of Commerce Educational Foundation (USPAACC) will speak at Truist Tier2 Supplier Diversity Business Summit taking place Wednesday, September 14, from 1-4 p.m.
Fast 50 Asian American Business awardees earned collective revenue of $1.6 billion last year, and comprise an expansive list of industries.