Earlier this year the United States Hispanic Chamber of Commerce Educational Fund (USHCCEF) and the Anheuser-Busch Foundation announced a new expanded partnership to launch a ‘Supplier Readiness Bootcamp’ that supports minority entrepreneurs in navigating the procurement and contracting process.
The ‘Supplier Readiness Bootcamp’ program aims to increase supplier readiness by training Hispanic and minority suppliers on important tips and best practices to help strengthen their proposals and their opportunities. Data shows that minorities of color receive less than 2% of all contracting dollars from corporate and federal procurement opportunities.
“Our vision at the U.S. Hispanic Chamber of Commerce Educational Fund is to be the leading voice to advance Hispanic business potential to drive our American economy and we are thrilled to have our longtime supporters at the Anheuser-Busch Foundation support these efforts with this partnership,” said Ramiro A. Cavazos, president & CEO, USHCCEF.
“We applaud the Anheuser-Busch Foundation for their collaboration on this important training initiative for our suppliers and applaud their efforts to support Hispanic and minority-owned businesses.”
This virtual bootcamp training series includes six sessions in total with topics such as: building and strengthening your capability statement, branding/marketing, certification, scaling your business, and more. Applicants who complete all six training sessions will be awarded with a certificate upon completion.
“At the Anheuser-Busch Foundation, we are incredibly proud to build on our longstanding partnership with USHCCEF with the launch of this new Supplier Readiness Bootcamp,” said César Vargas, chief external affairs officer, Anheuser-Busch and trustee, Anheuser-Busch Foundation. “Through these trainings, we hope to provide tools to help advance the Hispanic and minority business community and highlight how greater representation in our supply chains can drive greater agility and innovation, while delivering real economic impact in our communities”
The training series will focus on how small changes in business matchmaking strategies can have a huge impact on the ability to land supplier contracts. The USHCCEF and the Anheuser-Busch Foundation will provide participants (at no cost) with the tools and knowledge to help suppliers prepare and succeed during meetings to secure supplier contracts. Other partners of the USHCCEF Supplier Readiness Bootcamp include AT&T, Shell, Merck, Kroger, and others as well as volunteers from the USHCC Procurement Council Advisory Board (PCAB).
The mission of the USHCCEF is to educate, train, build capacity, conduct research, provide leadership development opportunities, expand access to capital, and create grant funding for Hispanic businesses through a national network of 260+ Hispanic chambers of commerce including Puerto Rico, the District of Columbia, and the Virgin Islands. The USHCCEF is a non-profit organization that actively promotes the economic growth, development, and interests of five million Hispanic-owned businesses, that combined, contribute over $800 billion to the American economy every year.
Established in 1975, the Anheuser-Busch Foundation focuses on supporting organizations that help individuals and communities thrive. The Foundation contributes to countless community organizations every year in support of disaster preparedness and relief, economic development, education, environmental sustainability, and responsible drinking.
Anheuser-Busch and its foundation are united by an unwavering commitment to supporting the communities that they call home and since 2011, Anheuser-Busch and the Anheuser-Busch Foundation have donated more than $221 million to charitable organizations across the country.
The Supplier Readiness Bootcamp program kicked off in the first quarter of this year. Visit the USHCC website for more information at ushcc.com.
