Siemens to Award $140K in Grants to Black-Owned Businesses Across Seven U.S. Metropolitan Cities to Build More Resilient Supply Chains

In partnership with the U.S Department of Commerce Minority Business Development Agency (MBDA) Centers, the grants will support diversity and inclusion in entrepreneurship and business development

Siemens USA today announced it will provide a total of $140,000 in grants to Black-owned businesses to support diversity and inclusion in entrepreneurship and business development. Siemens and its partner, the Atlanta MBDA Business & Advanced Manufacturing Centers at Georgia Tech, will select businesses to receive the grants across seven U.S. cities including Atlanta, Baltimore, Chicago, Detroit, New York, Orlando and Pasadena.

“To build resilient supply chains, and to expand our own business opportunities, we need a marketplace that’s diverse and inclusive,” said Nichelle Grant, head of Diversity, Equity and Inclusion, Siemens USA. “These grants are intended to help Black-owned companies develop their businesses to be in the best position to compete for contracts and become part of supplier bases like ours.”

The minority business community, and Black-owned businesses in particular, have experienced numerous hardships during this time of the pandemic, social unrest and economic downturn. The Siemens grants demonstrate the company’s support of minority businesses and mission to advance supplier diversity. 

“For many years, Siemens Supply Chain Management has strategically sourced from diverse businesses to benefit from the innovation and creativity these suppliers have to offer.  Any resilient and successful supply chain needs to invest in cultural diversity as part of its vision,” said Patric Stadtfeld, head of Supply Chain Management for the Americas, Siemens USA. “We’re proud to continue supporting and growing our supplier base of more than 6,000 small and diverse businesses.”

The MBDA Centers will nominate up to five businesses for the grants in each city based on their financial challenges and alignment with Siemens’ supply chain needs, and all candidates will be entered into Siemens’ supplier database. Grants in the amount of $20,000 will be awarded to each of the seven winners in late February. The seven cities were chosen based on Siemens footprint and supplier partner needs.

“The MBDA Centers are proud to partner with Siemens as the company strategically provides financial support to minority-owned businesses during this critical time,” said Donna Ennis, Director of the Atlanta MBDA Business & Advanced Manufacturing Centers.  “By providing the support our businesses need during these unique times, Siemens further demonstrates its commitment to greater diversity within the marketplace and an understanding of the importance of Black-owned businesses to the overall health of the today’s business climate and economy.”

These grants align with Siemens’ ongoing commitment to drive meaningful, measurable impact towards closing the opportunity gap in the Black business community. The company recently expanded its longtime partnership with the National Center for Civil and Human Rights (NCCHR) in Atlanta by offering guided virtual tours for employees and HBCU students to explore the powerful exhibits of social change. The company and its partners also deployed its air filtration and thermal imaging technology at NCCHR to help them remain open safely to the public during COVID-19.

This mission is also advanced through the work of the Siemens Foundation, the non-profit organization established by Siemens USA, and its recent $2 million pledge to Community Development Financial Institutions Funds (CDFIs) to support social and economic equity in racially diverse communities. The Foundation, with support from Siemens Healthineers, also committed $2 million to 20 community health centers across the country to help them respond to the COVID-19 crisis and continue to provide care for millions of Americans in underserved populations. Additional donations are supporting Historically Black Colleges and Universities (HBCUs) in their plans to safely reopen campuses.

Featured

  • Report: 15 Percent of All Emails Sent in 2023 Were Malicious

    VIPRE Security Group recently released its report titled “Email Security in 2024: An Expert Look at Email-Based Threats”. The 2024 predictions for email security in this report are based on an analysis of over 7 billion emails processed by VIPRE worldwide during 2023. This equates to almost one email for everyone on the planet. Of those, roughly 1 billion (or 15%) were malicious. Read Now

  • ASIS Announces ANSI-Approved Cannabis Security Standard

    ASIS International, a leading authority in security standards and guidelines, proudly announces the release of a pioneering American National Standards Institute (ANSI)-approved standard dedicated to cannabis security. This best-in-class standard, meticulously developed by industry experts, sets a new benchmark by providing comprehensive requirements and guidance for the design, implementation, monitoring, evaluation, and maintenance of a cannabis security program. Read Now

  • ISC West Announces Keynote Lineup

    ISC West, in collaboration with premier sponsor the Security Industry Association (SIA), announced this year’s dynamic trio of speakers that will headline the Keynote Series at ISC West 2024. Read Now

    • Industry Events
  • Government is Top Targeted Industry for DDoS Attacks in Q4 2023

    The government sector experienced a surge of DDoS attacks in Q4 according to Lumen Technologies (NYSE: LUMN), a global leader in integrated network and cybersecurity solutions. The Lumen Quarterly DDoS & Application Threat Report for Q4 2023 analyzes data from its DDoS mitigation platform and application protection partner, ThreatX, to provide an overview of the DDoS and application-layer attacks that targeted organizations in the last quarter of 2023. Read Now

Featured Cybersecurity

Whitepapers

New Products

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles. 3

  • Hanwha QNO-7012R

    Hanwha QNO-7012R

    The Q Series cameras are equipped with an Open Platform chipset for easy and seamless integration with third-party systems and solutions, and analog video output (CVBS) support for easy camera positioning during installation. A suite of on-board intelligent video analytics covers tampering, directional/virtual line detection, defocus detection, enter/exit, and motion detection. 3

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure. 3