Newsroom

The Fueling Business Growth newsroom features announcements regarding policy updates and information relevant to Penn’s Supplier Diversity & Inclusion Program.

Nominations Now Open For 2024 Supplier Diversity Impact Award

Nominations accepted until Friday, April 12, 2024

The award recognizes individuals and/or teams from the University that drive intentional impact in the area of supplier diversity and economic inclusion. Click here for more information.

Supplier Diversity & Inclusion Program, Fueling Business Growth.

Penn Launches Supplier Payment Terms Pilot for Diverse and Local Small Businesses

As part of Penn’s ongoing commitment to supplier diversity and inclusion, the University has introduced a pilot program to extend ‘immediate pay’ payment terms to its diversity suppliers. This new modification positively impacts approximately 1,000 suppliers that do business with Penn (minority, woman, veteran, LGBTQ+, and other classifications) that qualify as diverse suppliers.

Wharton Dean Erika James and ActOne CEO Janice Howroyd

Wharton Dean and the Founder & CEO of ActOne Group Engage in Dynamic Conversation at 2021 Forum & Expo

Watch the video of Wharton Dean Erika H. James and Founder & CEO Janice Bryant Howroyd from this year’s Penn Supplier Diversity Forum & Expo. The discussion focuses on their research, work, and advocacy related to diversity, equity, and inclusion in the workplace.

Penn Supplier Diversity Forum & Expo virtual lobby

A new energy and intentionality to Penn purchasing

The University launched its ‘Fueling Business Growth’ campaign at this year’s Supplier Diversity Forum and Expo, meant to increase support of local, minority-owned businesses.

Penn’s Supplier Diversity Forum and Expo goes virtual

Each year, Bernard Wright looks forward to Penn’s Supplier Diversity Forum and Expo. For one, he says, the event has offered a unique chance to showcase—to a variety of potential buyers—what sets his company BDJ Ventures, which makes promotional products, apart.

News item from Penn Procurement Services

Penn Procurement Re-Launches Program Aimed at Local and Diverse Catering Companies

As part of Penn Procurement Services’ ongoing commitment to its Supplier & Diversity Program, a strategic-sourcing initiative resulted in an updated portfolio of Preferred Contract Caterers. In alignment with University priorities, key award criteria included sustainability, supplier diversity, utilization of local food sources, and an assessment of each supplier’s ability to provide and serve high-quality food safely and in a cost-competitive manner.

Supplier Diversity & Economic Inclusion Impact Awards Announced

Penn Procurement Services recently announced the inaugural recipients of the Penn Supplier Diversity & Economic Inclusion Impact Awards. Two awards were bestowed, one to a team and another to an individual, and the recipients were honored for their outstanding contributions in driving impact in the area of supplier diversity and inclusion.

Penn Launches Fueling Business Growth

On July 28, the University of Pennsylvania launched the Fueling Business Growth campaign, a new supplier diversity and inclusion initiative strategically enhancing a long-held priority to provide local, diverse, and minority-owned enterprises with increased opportunities to conduct business with Penn.