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A CHAMBER FOUNDATION INITIATIVE
Senior Director, Economic Inclusion
Greater Boston Chamber of Commerce
Pacesetters collected the total number of spend opportunities that they awarded to Minority Business Enterprises (MBEs) and the total value of those spend opportunities for calendar year 2022 and calendar year 2023.
In 2023, Pacesetter buyers spent over $339 million with Massachusetts Based MBEs and over $5.5 billion with MBEs nationally. This was an increase from 2022 where Pacesetter buyers spent over $322 million with Massachusetts based MBEs and $5 billion with national MBEs.
year over year with businesses of color
of MBEs for mid and large size corporations
between corporate buyers and diverse vendors
“Together, we can and must create a more equitable business community through individual commitments, accountability, and collaboration” - James E. Rooney, GBCC President & CEO
Discover How Pacesetters Can Support You As a CorporationThe Pacesetters Initiative seeks to provide insights and exposure for MBEs at all stages of development and capacity levels.
Learn Moreof corporate & government procurement dollars
the loan denial rates
of venture capital investment
Founding Sponsor
MBE Champion
Pacesetters
Business Association Partners
BUSINESS SUPPORT ORGANIZATIONS
This program gives MBEs the chance to hear directly from procurement officers at Pacesetter corporations to learn about their specific processes and expectations, RFP and bidding preferences, contract cycles, and more.
These awards help shine a brighter light on outstanding efforts and achievements, as well as highlight best practices – both of which lead to economic inclusion for MBEs.
Providing bias training to Pacesetter procurement officers supports their path towards supplier diversity, so they can work with MBEs and the high standard of delivery and innovation that they offer.
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