What is Supplier Diversity

 

U.S. Definition:
Supplier diversity is the intentional inclusion of socially and/or economically disadvantaged groups in procurement opportunities. Diversity suppliers are for-profit businesses that are headquartered in the U.S. and are at least 51% owned, operated, and controlled by:

  • African American, Hispanic American, Asian American, Native American persons
  • Women
  • U.S. Veterans and Service-Disabled Veterans
  • Gay, Lesbian, Bisexual, Transgender persons
  • Historically Underutilized Business Zone (HUBZone) and Small Disadvantaged Business (must be certified by U.S. Small Business Administration)

Global Definition:

The definition of global supplier diversity is similar to the U.S. definition. However, only the following two categories are recognized as a diverse supplier in international communities. Diverse suppliers are for-profit businesses that are at least 51% owned, operated, and controlled by:

  • A historically-excluded ethnic minority for country of origin
  • Women

About Certification

Certification is a process of verifying that a business is owned, operated, and controlled by one of the qualifying diverse groups.

Who are the qualifying diverse groups?

DVBE   (Disabled, Veteran-owned Business Enterprise)
GLBTBE   (Gay, Lesbian, Bisexual or Transgendered)
HUBZone
MBE
SBE
SDB
SDVBE
VBE
WBE