A step towards economic justice

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AUBURN HILLS, Michigan, February 28, 2022

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

Stellantis and national business league graduate participants of the nation’s first black supplier development pilot program

Thirteen companies have been awarded or are under contract care in some of Stellantis’ major marketing projects and vehicle programs.

The program will now come with other Fortune 500 spouse companies.

At scale, the program will create opportunities for more than 2. 9 million black corporations for long-term contracts, acquisition opportunities and goodwill in a post-pandemic economy.

Stellantis and the National Business League (NBL) concluded their National Black Supplier Development Program pilot program, rating an organization of thirteen black-owned businesses.

Many of the thirteen corporations have been awarded or are being awarded for contracts on some of Stellantis’ largest marketing projects and vehicle programs, adding paints in the marketing programs of Chrysler Pacifica, Dodge Durango and Wagoneer/Grand Wagoneer.

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

The pilot is the initial phase of a larger program to expand black suppliers for long-term hiring and procurement opportunities in pursuit of greater racial equity in the marketplace.

“The Stellantis-National Business League Black Supplier Development Program strives for all black corporations and suppliers to have a fair and inclusive share of the global marketplace,” said Mark Stewart, Chief Operating Officer of Stellantis – North America. The pilot assignment of the program has generated significant business opportunities and many key learnings about locating equitable and impactful tactics to engage and empower Black businesses, black entrepreneurs, and communities. “

In the future, Stellantis will continue to provide resources to NBL for the progression of the online portal at the center of the program. Computech Corporation, founded in Detroit, is the developer of the program’s online page portal.

Stellantis and NBL will also continue to create the virtual education team that constitutes the program’s resource marketplace. This marketplace will provide capital, mentoring and executive training, supplier education and development, bid publishing, matchmaking, and much more.

The program committee will now compare classes learned from the pilot to count a phased implementation of the broader program, adding the integration of more Fortune 500 partners.

“Stellantis-National Business League’s supplier progression 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 wisdom that leadership has gained through the pilot allocation will lead us to build a sustainable pricing program for black corporations for decades to come in the supplier diversity space. “

On a large scale, the program will promote the progress of more than 2. 9 million black businesses across the country and around the world for long-term opportunities in the public and personal sectors.

The programme is expected to realize between 20 and 30% of the untapped perspective of black companies. The purpose is to expand sustainable black businesses that will have an effect on local and global economies, creating jobs through entrepreneurship and expanding the number of black businesses for all. Sizes

“My team is very proud to have been chosen to participate in this historic program,” said Russell Westbrook of Russell Westbrook Digital, which awarded contracts in the marketing programs of Chrysler Pacifica and Dodge Durango. “We hope our leadership can open many new doors to point the playing field for millions of black entrepreneurs, businesses and communities. “

The pilot corporations participated in a virtual graduation rite on Feb. 28 attended by business, government and business leaders as advocates for the program.

The program will apply for black collective programs for the time being starting June 19.

StellantisStellantis (NYSE: STLA) is one of the world’s leading automakers and mobility providers, guided through a transparent vision to deliver freedom of movement with distinctive, affordable and reliable mobility solutions. In addition to the Group’s rich heritage and wide geographical presence, its greatest strengths lie in its sustainable performance, the intensity of the fun and the diversity of skills of its workers who travel around the world. Stellantis will build on its broad portfolio of iconic brands, founded through visionaries who have instilled in brands a spirit for both workers and customers. Stellantis aspires to the biggest, not the biggest, while creating an additional price for all stakeholders as well as the communities in which it operates.

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