Tag Archives: Minority Business Enterprise Summit

minorities

University of Phoenix honored for support of women, minorities

University of Phoenix has been recognized by the Arizona Million Dollar Circle of Excellence for its exceptional efforts to support Arizona minority-owned and woman-owned suppliers. The University has been inducted as an inaugural member of the Arizona Million Dollar Circle of Excellence by the Arizona Hispanic Chamber of Commerce (AZHCC).

“As an Arizona-based business, we view supporting minority- and women-owned businesses as an essential part of our business structure,” said Dominique K. Brown, University of Phoenix corporate diversity officer. “We are thrilled to be recognized by the Arizona Million Dollar Circle of Excellence and we look forward to continuing to work with a diverse group of suppliers and businesses across the state of Arizona.”

The creation of the AZHCC’s Arizona Million Dollar Circle of Excellence was inspired by the state’s increasingly diverse consumer base and the fast-growing diversity at every level of its business community. The Circle of Excellence initiative recognizes major corporations and governmental entities that directly spend at least $1 million in purchasing goods or services from minority-owned and women-owned businesses in Arizona.

University of Phoenix was honored alongside 14 other notable Arizona businesses and organizations with an induction ceremony at the recent 2012 Minority Business Enterprise Summit, which was organized by the Arizona Hispanic Chamber of Commerce and the Phoenix MBDA Business Center, a U.S. Department of Commerce-financed organization aimed at securing large public and private contracts and financing transactions for eligible minority-owned businesses.

“The induction of University of Phoenix and other inaugural members of the Arizona Million Dollar Circle of Excellence is a historic step that reflects how our state’s economy is growing due to the influence of minority- and women-owned businesses,” said Gonzalo A. de la Melena Jr., President and CEO of the Arizona Hispanic Chamber of Commerce, which organizes and runs the Arizona Million Dollar Circle of Excellence. “This is our way of recognizing companies that are leading the way in supplier diversity.”

This latest acknowledgement of University of Phoenix’s commitment to diverse communities in Arizona comes at the heels of a recent report by the magazine Diverse: Issues in Higher Education that University of Phoenix graduates more minority students than any other university in the United States.

To learn more about University of Phoenix visit Phoenix.edu.

87665813

Do you spend $1 million with minority-, women-owned firms?

The Arizona Million Dollar Roundtable (AZ MDRT) is seeking nominations for the induction of its inaugural slate of companies in the state that spend at least $1 million annually contracting with minority and woman-owned suppliers.

Companies that qualify for recognition by the Roundtable will be honored at a special luncheon ceremony on Nov. 16, 2012 at the Renaissance Hotel, 50 East Adams Street, in Downtown Phoenix, AZ. The Roundtable induction ceremony is part the first Minority Business Enterprise Summit, 10 a.m. to 1:30 p.m. on November 16.

“The creation of the Arizona Million Dollar Roundtable was inspired by the state’s increasingly diverse consumer base and the fast-growing diversity at every level of its business community,” said Gonzalo de la Melena, president of the Arizona Hispanic Chamber of Commerce. “The induction of the inaugural members of the Million Dollar Roundtable is a historic step that reflects where our state’s economy the growing influence of minority- and women-owned businesses.”

The ceremony is organized by the Phoenix MBDA Business Center (phoenixmbdacenter.com) – funded by the U.S. Department of Commerce – and the Arizona Hispanic Chamber of Commerce (azhcc.com). Ernst & Young will audit and rank the amount of annual business each nominee to the Million Dollar Roundtable. The deadline to apply is October 26, 2012.

The Roundtable is co-chaired by Donald E. Brandt, chairman & CEO of Arizona Public Service, and Don McKneely,President & CEO, TexCorp, Founder of the Billion Dollar Roundtable. Arizona Public Service is the summit’s presenting sponsor.

Like the international-recognized Billion Dollar Roundtable, the Arizona Million Dollar Roundtable is designed to promote and shares best practices in supply-chain diversity through the production of regular reports. Members of the AZ MDRT will review common issues, opportunities and strategies. The roundtable also is meant to encourage corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels each year.

The Minority Business Enterprise Summit spotlights the growing contributions of minority-owned businesses in Arizona. Major components include the release of a 2012 MBE Study detailing the state of minority-owned businesses in Arizona; the inaugural inductions into the Arizona Million Dollar Roundtable; and the presentation of the annual Phoenix Minority Business Enterprise Awards.

To qualify, candidates:

1. Must be a viable company or Government Entity, or Educational Institution which sources at least $1 Million on a first tier basis to minority and women enterprises.
2. Must have an interest in developing a supplier diversity program.
3. Dollars sourced to minority and women suppliers must be auditable and verifiable.
4. Must be a member of NMSDC, WBENC, DBE, 8A or other comparable certifying entity. [Subject to nominating council approval.]