Salesforce\u2019s new Supplier Diversity Academy empowers small, diverse businesses to win new contracts with large corporate entities.<\/p>\n\n\n\n
Why it matters: <\/strong>A recent survey<\/a> found that nearly half (46%) of small diverse businesses that generate $1 million in revenue use corporate contracts to fuel their growth strategy. With economic fluctuations and continued challenges<\/a> for small diverse businesses, programs like the Salesforce Supplier Diversity Academy can be a crucial stepping stone in growing revenue.<\/p>\n\n\n\n Driving the news: <\/strong>Salesforce\u2019s Supplier Diversity Academy is a six-month virtual accelerator program for small businesses that are owned by underrepresented minorities, women, veterans, disabled, or LGBTQ+ individuals. The program\u2019s initial cohort, funded by Salesforce and led by Black- and woman-owned business Systems To Success<\/a>, will support 40 businesses with a \u201cProcurement-Ready Toolkit\u201d to help position their brands to sell to Salesforce and other multi-billion-dollar companies.<\/p>\n\n\n\n