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3/24/2025 0 Comments

Navigating Supplier Diversity in an Anti-DEI Environment: Why This Conversation Can’t Wait

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Supplier diversity is at a crossroads.
Once embraced as a vital part of corporate DEI strategies, supplier diversity programs are now facing heightened scrutiny—from legal challenges and political pushback to increasing concerns about reputational risk. In today’s climate, leaders in procurement, sourcing, and DEI must rethink how these programs are positioned, protected, and ultimately sustained.

That’s why Scaleup is hosting an urgent and timely virtual roundtable:
🧭 Navigating Supplier Diversity in an Anti-DEI Environment
📅 Wednesday, March 26, 2025
🕛 12:00 PM – 1:00 PM ET
🔗 Register Now

​This roundtable is designed for procurement and supplier diversity professionals who are looking for real strategies, not just talking points—especially as external pressures mount and internal support gets harder to secure.

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3/12/2025 0 Comments

Procurement Optimization: How Enterprises Can Streamline Supplier Discovery

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For enterprises, procurement is a critical function that directly impacts cost efficiency, supply chain resilience, and innovation. However, traditional supplier discovery processes are often slow, inefficient, and biased toward established vendors, leaving high-potential SMBs without access to enterprise contracts.

According to the KPMG 2023 Global Procurement Survey, 54% of procurement leaders identify limited data and insights as a top internal challenge, while 50% point to outdated systems.

The Biggest Challenges in Procurement Today
  1. Manual & Time-Intensive Processes: Enterprises spend an average of 8 to 12 months vetting new suppliers. Manual assessments lead to inconsistent supplier selection.
  2. Lack of Supplier Diversity: A significant portion of enterprise procurement budgets go to a small pool of large, incumbent suppliers. Only a small percentage of enterprise procurement dollars go to small and diverse-owned businesses.
  3. Supply Chain Risks & Limited Transparency: Global supply chain disruptions have highlighted vulnerabilities in supplier networks. Limited visibility into supplier practices can lead to compliance and ethical issues.

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3/4/2025 0 Comments

Closing the Wealth Gap Through Entrepreneurship: A Playbook for Action

At Scaleup, we believe the racial wealth gap in America isn’t just a social injustice; it’s an enormous untapped economic opportunity. ​
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Cliff Goins IV, Scaleup co-founder and author of Minding the Wealth Gap
A staggering $15 trillion divide separates Black and white households, a consequence of 400 years of compounding inequality. 

But within this challenge lies a powerful solution: entrepreneurship. By fostering and supporting Black-owned businesses, we can drive economic growth, create jobs, and build a more equitable future for everyone. 

​One of our co-founders, Cliff Goins IV, wrote
Minding the Wealth Gap to dive deep on the matter.


Let’s explore four ways entrepreneurship can be a catalyst for closing the wealth gap.​

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3/3/2025 0 Comments

The Champion Effect: How Executive Advisors Drive SMB Success

Scaling a business requires more than just funding and market access, it demands strategic guidance, industry expertise, and connections. This is where Scaleup Champions come in. These experienced executives serve as advisors, helping SMBs navigate growth challenges and accelerate their path to enterprise success.

According to a report by the Wadhwani Foundation, a well-executed mentoring program can yield multiple benefits for SMEs, including enhanced skills, innovation, leadership development, and improved retention.

How Champions Help SMBs Scale
​
1. Strategic Mentorship
Champions provide guidance on cost management and financial efficiency, market expansion strategies, digital transformation and technology adoption, and more. 

"Having access to seasoned executives gives growing businesses a roadmap to follow," says Michael Useem, professor at the Wharton School of Business. "Advisors help CEOs anticipate challenges before they arise."

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