A new private-public collaboration will help small businesses strengthen their revenue streams by gaining access to more than $300 billion in combined supply chain spending by a consortium of 15 of America’s largest corporations, the U.S. Small Business Administration announced today.
Supplier Connection, created by the IBM Foundation, is part of the American Supplier Initiative and is designed to help bridge the gap between small, nimble businesses looking for new opportunities and large corporations looking for innovative new ideas and diversity in their supply chains. Studies have shown that small businesses that are part of large corporations’ supply chains experience increased revenue and employment.
Supplier Connection is a free, online portal that allows small businesses to send information about their products and services to 15 large private sector companies. The companies participating include:: AMD, AT&T, Bank of America, Caterpillar, Citi Group, Dell, Facebook, IBM, J.P. Morgan Chase, John Deere, Kellogg’s, Office Depot, Pfizer, UPS and Wells Fargo.
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