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.
How to 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!). WeBC 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.
Resources for Diverse Suppliers
WeBC works closely with these organizations to help women leverage their status as a diverse supplier.
- WEConnect International: 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: 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): Builds bridges between Indigenous and non-Indigenous peoples, businesses, and communities through diverse programming, providing tools, training, network building, major business awards, and national events. Learn More >>
- Canadian Aboriginal and Minority Supplier Council (CAMSC): A non-profit membership organization that champions business relationships and economic growth of the Canadian supply chain through the inclusion of Aboriginals and Minority suppliers. Learn More >>