Economic justice

A bold step towards economic justice

AUBURN HILLS, Mich., February 28, 2022 /PRNewswire/ —

Stellantis and the National Business League (NBL) today concluded their National Black Supplier Development Program pilot program, qualifying a group of 13 Black-owned businesses.

  • Stellantis and National Business League Graduate Participants of Nation’s First Black Supplier Development Pilot Program

  • Thirteen companies have been awarded or are under consideration for contracts on some of Stellantis’ most important marketing projects and vehicle programs

  • The program will now integrate other Fortune 500 partner companies

  • At scale, the program will create opportunities for over 2.9 million Black businesses for future contracts, procurement opportunities and success in a post-pandemic economy

Stellantis and the National Business League (NBL) today concluded their National Black Supplier Development Program pilot program, qualifying a group of 13 Black-owned businesses.

Many of the 13 companies have won or are being considered for contracts on some of Stellantis’ most important marketing projects and vehicle programs, including work on the Chrysler Pacifica, Dodge Durango and Wagoneer/Grand Wagoneer marketing programs.

The pilot group also actively participated in courses on a range of business topics and benefited from direct interaction with Stellantis executives, business experts and Tier 1 suppliers.

The pilot is the initial phase of a larger program to develop black suppliers for future contracting and sourcing opportunities in the pursuit of greater racial equity in the marketplace.

“The Stellantis-National Business League Black Supplier Development Program strives to ensure that all Black businesses and suppliers have fair and inclusive participation in the global marketplace,” said Mark StuartChief Operating Officer, Stellantis – North America. “As a proof of concept, the program’s pilot has generated significant business opportunities and many key learnings about finding equitable and impactful ways to engage and empower Black businesses, Black entrepreneurs and communities. .”

Going forward, Stellantis will continue to provide resources to NBL to support the development of the online portal at the heart of the program. DetroitComputech Corporation, based in New York, is the developer of the program’s website portal.

Stellantis and NBL will also continue to create the virtual training tools that make up the program’s resource marketplace. This marketplace will provide access to capital, executive mentoring and coaching, vendor training and development, job posting, matchmaking and much more.

The program steering committee will now assess lessons learned from the pilot to inform a phased implementation of the broader program, including onboarding additional Fortune 500 partners.

“The Stellantis-National Business League Supplier Development Program is well on its way to leveling the playing field and achieving economic justice for Black communities and millions of Black businesses,” said Dr. Kenneth L. Harris, President and CEO of the National Business League. “The insights leadership gained from the pilot will ensure that we build a lasting program of value for Black businesses for decades to come in the supplier diversity space.”

At scale, the program will support the development of more than 2.9 million Black businesses across the country and internationally for future opportunities in the public and private sectors.

The program is expected to realize 20-30% of the untapped potential of black businesses. The goal is to grow sustainable black businesses that will impact local and global economies, creating jobs through entrepreneurship and increasing the number of black businesses of all sizes.

“My team is so proud to have been selected to participate in this historic program,” said Russell Westbrook from Russell Westbrook Digital, which won contracts on the Chrysler Pacifica and Dodge Durango marketing programs. “We hope our leadership can open many new doors to level the playing field for millions of Black entrepreneurs, businesses and communities.”

The pilot companies participated in a virtual graduation ceremony on February 28 attended by business, government and corporate leaders, as well as program advocates.

The program will be inviting applications for the second Black Business Collective after June 19.

Stellantide
Stellantis (NYSE: STLA) is a leading global automaker and mobility provider, driven by a clear vision to deliver freedom of movement with distinctive, affordable and reliable mobility solutions. In addition to the Group’s rich heritage and broad geographical presence, its greatest strengths lie in its sustainable performance, depth of experience and diversity of talent of its employees working around the world. Stellantis will build on its extensive portfolio of iconic brands, founded by visionaries who have infused brands with a passion and competitive spirit that speaks to employees and customers alike. Stellantis aspires to be the biggest, not the biggest, while creating added value for all stakeholders, as well as the communities in which it operates.

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SOURCEStellantis