Social Procurement and Women Business Owners
If your business is least 51% owned, managed and controlled by a woman then you qualify as a diverse supplier in Canada. What does that mean for your business? You can access new supply chain opportunities to take your business to the next level.
Targeting diverse suppliers is a practice that is becoming increasingly popular among large Canadian and international companies that wish to enhance the economic participation of traditionally under-utilized businesses, including those owned by women. These are known as supplier diversity initiatives.
The list of Fortune 1000 companies with established social procurement programs is long… and growing. Companies like Walmart, Starbucks, Microsoft and RBC have incorporated supplier diversity into their Corporate Social Responsibility practices and corporate values.
Certify as a Diverse Supplier
Identifying as a diverse supplier, either through a certification process or by self-registering, is the first step in connecting your business to new supply chain opportunities. You can either certify your business through a third-party certification process (for a fee) or by self-registering (for free!). WEC is a partner of WBE Canada and WEConnect International, and we help to facilitate the certification process for clients in BC. Contact one of our business advisors to learn more at email@example.com.
Supplier Diversity Canada
Supplier Diversity Canada (SDC) is an initiative of Women’s Enterprise Centre to advocate for supplier diversity in Canada by encouraging corporations and government agencies to include more women-owned, minority-owned, aboriginal-owned, and LGBT-owned businesses in their procurement networks.
In addition to helping diverse suppliers access opportunities, SDC helps corporations understand the diversity profit chain, adopt supplier diversity programs, facilitate matchmaking with diverse suppliers and more.
To learn more about the initiative, visit supplierdiversitycanada.ca.
Other Resources for Diverse Suppliers
Women’s Enterprise Centre and Supplier Diversity Canada work closely with these organizations to help women leverage their status as a diverse supplier.
- WEConnect International
WEConnect International is a global network that connects women-owned businesses to qualified buyers around the world. They identify, educate, register, and certify women’s business enterprises, and then connect them with multinational corporate buyers. Learn more >>
- WBE Canada
WBE Canada is a non-profit organization, led by corporate members, that is opening doors to new supply chains. It certifies women-owned businesses and introduces them to opportunities with corporations. Learn More >>
- Canadian Council for Aboriginal Business (CCAB)
CCAB builds bridges between Aboriginal and non-Aboriginal peoples, businesses, and communities through diverse programming, providing tools, training, network building, major business awards, and national events. Learn More >>