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"America's Top Organizations for Multicultural Business Opportunities”; Online Voting takes place from November 1st through November 30, 2008
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SOUTHPORT, CT – October 28, 2008 / -- DiversityBusiness.com /- DiversityBusiness.com will be holding its 9th annual online election for the “Top 50 Organizations for Multicultural Business Opportunities” from November 1, 2008 – November 30, 2008. The voting business owners base their decisions on such factors as the volume, consistency and quality of business opportunities granted to women and minority-owned companies. The voting is open to all small businesses in the United States.
Last year over 600,000 businesses had the opportunity to vote in the online election. To participate, businesses must register and cast their vote at: www.DiversityBusiness.com/vote.
The election results will be officially announced on Monday, December 15, 2008 at 12:00 EST on DiversityBusiness.com. The “Top 50 List” is recognized as America’s leading award for Fortune 500 corporations for diversity achievements.
Top Honors for Top Corporations
While other awards and “top” lists crown companies for overall economic growth, returns to shareholders and similar metrics, the Div50 is an indicator of which organizations provide the best and the most business for diversity-owned companies. In a marketplace that is increasingly as sensitive to diversity as it is to revenues, recognizing the top buyers of multicultural products and services is becoming a natural part of the new socioeconomic food chain. “Those organizations that buy the most products and services, most consistently, from diversity businesses, and that sustain the most mutually beneficial business relationships with their multicultural suppliers, should be recognized not only by the suppliers but also by the general public,” said Kenton Clarke, CEO of DiversityBusiness.com.
The Business Power of Diversity As minority’s gain more buying power and their lifestyles become more affluent, multicultural markets are growing in economic muscle. This in turn attracts more corporations, as they compete for market share in minority communities. The Div50 list has become, by virtue of association, a consumer guide of sorts for women and minority consumers. “As a diversity business owner, I appreciate the business we receive from corporate buyers; and in turn, when I buy products and services, either as a company or as a private individual, I am much more likely to buy from the same companies that are supporting my business, or that I know are supporting businesses like mine,” said Sush Tripati, owner of IT-Source headquartered in Southbury, CT.
The list is circulated by over 1,000 organizations that distribute it to their members and associates; it thus reaches millions of consumers every year. In eight years, it has become a highly valued metric of corporate excellence in the diversity space.
The Div50
The Div50 is a listing of the top 50 corporate and organizational buyers of diversity products and services throughout the country. It represents the voices of over 500,000 diversity-owned (Women, African American, Hispanics, Asians, Native Indians, Disabled, Veterans and other minority groups) businesses and Small Businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. The Div50 is produced annually by DiversityBusiness.com, the nation's leading multicultural B2B Internet portal that links large organizational buyers to multicultural owned product and service companies.
Last Years Div50 Organizations
America's Top Organizations for Multicultural Business Opportunities-2007 : DiversityBusiness.com
 |
America's Top Organizations for Multicultural Business Opportunities -
2007 |
| Over 600,000 women and
minority owned businesses had the opportunity to vote in the online
election. The election was conducted in a secure Internet environment
utilizing the latest technology available. Fortune 500 companies and
Government Agencies were selected for the awards based on business
opportunities they provide to diversity owned businesses.
|
 |
|
Rank
|
Top 50
Corporations
|
Rank
|
Top 50
Corporations
|
|
1 |
AT & T Inc. |
26 |
J.C. Penney Company, Inc. |
|
2 |
DELL |
27 |
OfficeMax |
|
3 |
Lockheed Martin |
28 |
Fannie Mae |
|
4 |
The Coca-Cola Company |
29 |
Progress Energy Inc. |
|
5 |
Procter & Gamble |
30 |
Bristol-Myers Squibb Co. |
|
6 |
Office Depot Inc. |
31 |
General Electric Company |
|
7 |
Time Warner Inc. |
32 |
Pitney Bowes |
|
8 |
Raytheon Company |
33 |
Boeing Company |
|
9 |
Cisco Systems, Inc. |
34 |
Chevron |
|
10 |
Toyota |
35 |
Pepsico Inc. |
|
11 |
Walt Disney Company |
36 |
Corporate Express |
|
12 |
Wal-Mart Stores, Inc. |
37 |
IBM |
|
13 |
DaimlerChrysler |
38 |
Target Corporation |
|
14 |
Nike |
39 |
Exxon Mobil |
|
15 |
Xerox Corporation |
40 |
Bank of America |
|
16 |
Starbucks Corporation |
41 |
Avis Budget Group, Inc. |
|
17 |
General Mills |
42 |
MGM Mirage |
|
18 |
Northrop Grumman Corporation |
43 |
Sun
Microsystems, Inc. |
|
19 |
General Motors Corporation |
44 |
Comcast Corporation |
|
20 |
United Technologies
Corporation |
45 |
Merrill Lynch & Co. Inc. |
|
21 |
Home Depot, Inc. |
46 |
FedEx Corporation |
|
22 |
Johnson & Johnson |
47 |
The Kroger Co |
|
23 |
Major League Baseball |
48 |
Colgate-Palmolive Company |
|
24 |
Verizon/Verizon Wireless |
49 |
Lowe's Companies, Inc. |
|
25 |
Staples Inc. |
50 |
Apple Inc. |
|
|
Click here to view the list of Honorable Mention
© 2007-2008 DiversityBusiness.com, All rights reserved.
America's Top Organizations for Multicultural Business Opportunities-2007 : DiversityBusiness.com
|
|
America's Top Organizations for Multicultural Business Opportunities -
2007 |
| Over 600,000 women and
minority owned businesses had the opportunity to vote in the online
election. The election was conducted in a secure Internet environment
utilizing the latest technology available. Fortune 500 companies and
Government Agencies were selected for the awards based on business
opportunities they provide to diversity owned businesses. |
| Rank |
Top Government Agencies
|
| 1 |
United
States Postal Service |
| 2 |
Department
of Homeland Security |
| 3 |
Army & Air Force Exchange Service |
| 4 |
Minority Business Development Agency |
| 5 |
Department
of Education |
| 6 |
Department
of Energy |
| 7 |
U.S. Navy |
| 8 |
Small
Business Administration |
| 9 |
Department
of Commerce |
| 10 |
Central Intelligence Agency
(CIA) |
| 11 |
General Services Administration |
| 12 |
National
Aeronautics and Space Administration (NASA) |
| 13 |
Federal Communications
Commission (FCC) |
| 14 |
U.S. Air Force |
| 15 |
Department of Veterans Affairs |
| 16 |
National Credit Union
Administration (NCUA) |
| 17 |
Department of Defense |
| 18 |
Equal Employment Opportunity
Commission (EEOC) |
| 19 |
Peace Corps |
| 20 |
Department
of Health and Human Services |
|
|
© 2007-2008 DiversityBusiness.com, All rights reserved.
About DiversityBusiness.com
Launched in 1999, DiversityBusiness, with over 46,000 members, is the largest organization of diversity owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies, and colleges and universities. DiversityBusiness provides research and data collection services for diversity including the "Top 50 Organizations for Multicultural Business Opportunities", "Top 500 Diversity Owned Companies in America", and others. Its research has been recognized and published by Forbes Magazine, Business Week and thousands of other print and internet publications. The site has gained national recognition and has won numerous awards for its content and design. It is a leading provider of Supplier Diversity management tools and has the most widely distributed Diversity magazine in the United States. DiversityBusiness.com is produced by Computer Consulting Associates International Inc. (CCAii.com) of Southport, CT. Founded in 1980.
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