Why Diverse-Owned Supplier Certification Matters
Thelma Ferguson, JPMorgan Chase Commercial Banking Managing Director and Northeast Segment Head for Middle Market Banking, spoke with the Los Angeles Sentinel about the advantages of becoming a certified diverse-owned business.
More and more businesses are setting diversity, equity and inclusion goals. Such goals can range from elevating employee voices and serving underrepresented populations to contracting with diverse-owned suppliers.
The latter effort is exemplified by the Billion Dollar Roundtable, a collection of 28 Fortune 500 companies that spend at least $1 billion annually with diverse businesses. (Diverse businesses are at least 51% owned and operated by underrepresented or underserved groups.) Qualifying businesses can position themselves to capitalize on this growth opportunity by getting certified as a diverse-owned supplier.
JPMorgan Chase Commercial Banking’s Thelma Ferguson recently outlined the advantages of diverse-owned certification, which include:
- Access to capital
- Resources, mentoring and support
- Business opportunities and referrals
Learn more about the benefits of becoming a certified diverse-owned business in the Los Angeles Sentinel.