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CertificationsCorporate Social ResponsibilityEDCSuppliers


GET YOURSELF FAMILIAR WITH DIVERSITY CERTIFICATIONS

By Quynh NguyenSeptember 8, 2021No Comments

The initial goal of Supplier Diversity programs was to combat social injustices
in the United States by supporting growth and jobs at underrepresented small
businesses. Over the last few years, buyers have also realized that effective
inclusive procurement also delivers significant benefits to the bottom line and
can drive innovation. 

Following the old axiom “What gets measured gets done,” many corporations with
Corporate Social Responsibility (CSR) programs measure the effectiveness of
their supplier diversity efforts by “counting” every dollar spent with diverse
suppliers in all categories. To be sure they are measuring correctly, most
companies tend to utilize third-party processes to validate the diversity data.

All of these are important to you as a supplier. Why? A “certified” version of
you is more attractive to a corporate buyer with a CSR program than a “not
certified” version of you (all other things being equal – quality, performance,
customer service and price are all still very important.)

Hence, if spending with certified suppliers is deemed more reliable and thus
better to count, the smart move is to become certified and make it easier for
your prospective customer to pick you.  

Now that we know how important inclusion is to your customers, it’s time to do
all you can to leverage your position as a diverse-owned business.


NEW DIVERSITY CERTIFICATION IN THE DIGITAL AGE

SupplierGATEWAY uses advanced technology to enable sole proprietorships and
small businesses who have limited resources (time and budget) to become
certified and ultimately expand the opportunity to do business with major
companies.

The Enhanced Digital Certification™ (EDC) is a fast and inexpensive way for a
small business to get certified as a diverse-owned organization while at the
same time exposing to new opportunities afforded by being in the SupplierGATEWAY
network. EDC certifies all of the following categories and you can have more
than one diversity category in your certification: 

 * Minority-owned
 * Women-owned
 * Veteran-owned
 * LGBTQ-owned 
 * Disability-owned businesses
 * Small Disadvantaged Business (SDC)

To learn more, please visit
https://www.suppliergateway.com/enhanced-digital-certification/

In addition to EDC, it is important to be familiar with other diversity
certifications and consider which one most closely fits your business needs.

Certifier Certification Issued Eligibility and How to apply Disability:IN

DOBE – Disability-owned business enterprise

V-DOBE – Veteran Disability-Owned Business Enterprise

SDV-DOBE – Service-Disabled Veteran Disability-Owned Business Enterprises

Disability:IN EPHCC – El Paso Hispanic Chamber of Commerce

8(a) Business Development Program

Federal HUBZone

SDBE – Small Disadvantaged Business Enterprise

WOSB/EDWOSB – Woman-Owned and Economic Disadvantaged Woman-Owned

SDVO – Service Disabled Veteran owned 

EPHCC NGLCC – National LGBT Chamber of Commerce LGBTE® – LGBT Business
Enterprise® NGLCC NMSDC – National Minority Supplier Development Council MBE –
Minority Business Enterprise NMSDC NVBDC – Certification of Disabled &
Veteran-Owned Business

VOBE: Veteran Owned Business Enterprise

SDVOBE: Service Disabled Veteran Owned Business

NVBDC NWBC – National Women’s Business Council

WOSB – Woman-owned small business

EDWOSB – Economically disadvantaged woman-owned small business

NWBC NWBOC – National Women Business Owners Corporation

WBE – Woman Business Enterprise

VBE – Veteran Business Enterprise

MBE – Minority Business Enterprise

WOSB – Woman-owned small business

EDWOSB – Economically disadvantaged woman-owned small business

NWBOC USWCC – U.S. Women’s Chamber of Commerce

WOSB: Women-Owned Small Business (federal WOSB program)

EDWOSB: Economically Disadvantaged Women-Owned Small Business (federal EDWOSB
program)

NWBE:  USWCC | National Women’s Business Enterprise™ (corporate and regional
governments).

IWBE:  USWCC | International Women’s Business Enterprise™ (corporate and
regional governments)

USWCC WBENC – Women’s Business Enterprise National Council

WBE: WBENC-Certified Women’s Business Enterprises

WOSB: Women-Owned Small Business (federal WOSB program)

WBENC SBA – Small Business Administration

Federal Contract Program:

8(a) Business Development Program

Federal HUBZone

WOSB: Women-Owned Small Business

SBA CaleProcure – California’s State Procurement and Certification Programs

SB – California’s Small Business

DVBE – California’s Disabled Veteran Business Enterprise

CaleProcure VA – U.S. Department of Veterans Affairs SDVOSB – Service-Disabled
Veteran-Owned Small Business 



VOSB – Veteran-Owned Small Business 

VA


FINAL THOUGHT

Certifications are nothing but one step in your supplier journey. Think of them
as a way to “plugin” to networks. The more network connectivity you have, the
faster you can prospect for more business. For some, success may come from
connecting to more networks, for others, it is being connected to the biggest
network. No one says you cannot do both – because ultimately what you want is
more customers.


ABOUT US:

At SupplierGATEWAY, we offer a robust platform for suppliers where you can gain
access to new business opportunities and connect with customers of all sizes –
from Fortune 500 companies and globally recognized companies to your local
health system, manufacturer or business. Our easy-to-use app will help you stay
connected to the opportunities that could make all the difference to your bottom
line. Get started today for FREE!


QUYNH NGUYEN




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 * NEXT POSTHOW TO SCALE YOUR SUPPLIER DIVERSITY PROGRAM


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