SUPPLIER DIVERSITY
Visa and U.S. Hispanic Chamber of Commerce V
isa Inc. and the United States Hispanic Chamber of Commerce (USHCC) an- nounced on September 14, 2011, a three- year extension of their partnership that pro- vides Hispanic-owned merchants with customized access to Visa’s suite of small business solutions, including an array of tools to help them improve cash flow, man- age payment acceptance costs, streamline operations and grow their businesses. The extension builds on the partner-
ship’s success to date, with Hispanic- owned merchants throughout the U.S. ac-
tively taking advantage of Visa’s tools and educational resources that enable this fast- growing sector of the U.S. economy to grow even more. To mark this partnership renewal, Visa was a primary sponsor of the 2011 USHCC Convention & Business Expo, the largest gathering of Hispanic business leaders in the
U.S., held September 18–21,
2011, in Miami Beach, Florida. “We are delighted to continue and grow our partnership
with Visa, the global benchmark in card acceptance and strate-
gic ally for our organization, our members and all small businesses,” said Javier Palo- marez, President and CEO of the U.S. His- panic Chamber of Commerce. “Visa under- stands the
power of the Hispanic
entrepreneur, and is investing wisely in the infrastructure of local chambers that sup- port this engine of economic recovery in American marez.
communities,” added Palo- Hispanic-owned firms are an increas-
ingly vital source of jobs and economic growth in the U.S. Their numbers grew by
United Technologies Celebrates Diverse Global Network of Suppliers
help get the job done—whether it is build- ing jet engines, creating energy efficient air conditioners or installing elevators. United Technologies recognized its diverse suppli- ers at the 10th Annual Diverse Business Exchange during Oct. 4 activities at the Connecticut Convention Center in down- town Hartford. “These suppliers impact everything we do, every day, across UTC,” said Eileen P. Drake, UTC Vice President Operations. “The Diverse Business Exchange is one important way that United Technologies works with our suppliers so we can help each other grow and prosper.” This year, more than 200 suppliers and
A
United Technologies representatives at- tended the event and shared best practices. In the past four years, United Technologies has spent more than 4 billion with minority and women-owned businesses. “For more than three decades, United
Technologies has demonstrated an unwav- ering commitment to [National Minority Supplier Development Council] NMSDC
32 HISPANIC NETWORK MAGAZINE
round the world, United Technologies Corp. relies upon diverse suppliers to
and our certified Asian, Black, Hispanic and Native American business owners,” said NSMDC Council President Joset Wright, the keynote speaker for this year’s Diverse Business Exchange. “Under the leadership of CEO Louis Chênevert—the
Celebrating 19 Years of Diversity
2011 recipient of our Minority Business Leadership Award—UTC continues to support the development of minority sup- pliers through initiatives like this DBX and its training and mentoring programs.” Source:
DiversityBusiness.com
www.hnmagazine.com
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