Corporation Of The Year
Recognizes exemplary achievement in the area of minority supplier development. This award is regarded as the most significant honor to a major corporation for the utilization of Asian, Black, Hispanic and Native American companies. The company demonstrates exceptional strength in all areas critical to maintaining a solid minority supplier development process–policies; procurement, particularly growth in dollars and percent; MBE development; and leadership and engagement. We now recognize corporations by the five different classes. Class I is for firms with less than $10 billion in revenue; Class II is for firms with $11 billion to $50 billion in revenue; Class III is for firms with $51 billion to $100 billion in revenue; Class IV is for firms with $101 billion to $150 billion in revenue, and Class V is for firms with greater than $150 billion. One company from each class is named Corporation of the Year.