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Member, Beacon International Group, Ltd.
Intel, IBM and Pfizer have pledged to invest $300 million in women- and minority-owned businesses over the next three years as part of the companies’ supplier diversity initiatives. “Supplier diversity adds tremendously to our competitive advantage while stimulating growth in a global marketplace,” notes Barbara Whye, Intel’s chief diversity and inclusion officer. In 2015, Intel announced it was boosting spending with diverse suppliers to $1 billion annually by the year 2020.