A wide range of ethnic minority businesses (EMBs) from different sectors in the UK will join Scottish-Sikh BBC presenter Hardeep Singh Kohli and corporations such as British Telecom, PricewaterhouseCoopers and MasterCard at the MSDUK Awards ceremony in October to celebrate supplier diversity.
Organised by Minority Supplier Development UK (MSDUK), the UK’s premier membership organisation championing supplier diversity, the biennial MSDUK Supplier Diversity Awards will take place on 5 October 2010 at the London Marriott, Grosvenor Square Hotel. The Awards are a key part of a two day event that also includes a conference and business fair.
The Awards applaud ethnic minority businesses that have excelled in building and expanding their firms to meet the challenging demands of the market and clients, as well as corporate buyers who have explored and added ethnic minority businesses to their list of regular suppliers.
Up to 400 attendees from EMBs and leading blue chip organisations are expected to attend the event. Nominees for the Responsible Business Practices Supplier Award include ArcomIT, whose owner Shahid Azeem has featured in Channel 4’s Millionaire’s Mission show, and Octavian Continental, which is helmed by owner Sukhi Ghuman and The Secret Millionaire business pundit Kavita Oberoi. In the corporate award category, PepsiCo and ExxonMobil are in the running for the Corporation of the Year. The full list of short listed companies is below. The awards are sponsored by Enterprise Rent-A-Car, Tyco/ADT, Capital One, Cisco, PepsiCo and the Ethnic Minority Business Advocacy Network (EMBAN).
Mayank Shah, Director of MSDUK, said: “These awards signal and celebrate the shift in attitudes towards supplier diversity. Large organisations are beginning to recognise the benefits of extending their pool of suppliers outside of the usual channels to businesses owned and run by ethnic minority communities. They rightly see supplier diversity as a means to drive innovation and save money.”
Manish Tiwari, from London-based Here&Now365 which is in the running for the Business Growth Supplier Award, said: “MSDUK has helped us grow enormously by connecting us with large corporations in the UK. It’s given our agency the requisite confidence and bandwidth to really scale up. The MSDUK Awards are proof that Ethnic Minority Businesses in the UK can climb sky high with the right tools at hand.”
Sara Todd, Executive Director at Merck Sharp & Dohme Limited and currently also the Chair of MSDUK, said: “The MSDUK diversity awards recognise and reward those companies that have done most to champion supplier diversity in the UK. Forward thinking large corporations recognise that they have a social responsibility to engage with the wider community. Equally important, they also recognise that ethnic minority business can be a source of great new ideas and high levels of service.”
Ian Brennan from PepsiCo, added: “Supplier diversity is very important to us and is a key part of our procurement process. Working with some of MSDUK’s suppliers has been really refreshing, the capability, enthusiasm and innovation has been tremendous. We’ve got cracking suppliers with very different perspectives, who we might otherwise not have found without the help of MSDUK.”
MSDUK has been a leading advocate of supplier diversity since 2006. MSDUK currently works with 36 blue chip organisations including BT, KPMG and Enterprise Rent-A-Car. Since it started in 2006 MSDUK members have generated over £9m worth of business with EMBs within the MSDUK network.
For information on the awards, the nominated companies and MSDUK please visit www.2010conference.msduk.org.uk
Minority Supplier Development UK (MSDUK) is a private sector led not-for-profit membership organisation created to provide a direct link between its corporate members and EMBs.
Formed in 2006 MSDUK has already supported suppliers in winning more than £9 million in business. MSDUK’s corporate members come from a broad range of industries and it counts PepsiCo, GlaxoSmithKline and BT amongst its corporate membership.