Supplier/Business Diversity Program

As a certified minority woman-owned catering business, Lyfe Events LLC is committed to fostering diversity, equity, and inclusion in all aspects of our operations. Our Supplier/Business Diversity Program is designed to promote economic opportunities for historically disadvantaged groups, including small businesses, minority-owned businesses, women-owned businesses, and other underrepresented segments of the community. By actively engaging with diverse suppliers, we aim to contribute to the creation of jobs, economic growth, and community development.

Mission Statement

Our mission is to leverage inclusive procurement practices to create opportunities for diverse suppliers while ensuring quality and innovation in our services. Lyfe Events LLC values the contributions of all stakeholders and believes that diversity strengthens our business and the communities we serve.

Goals and Objectives

• Increase Participation of Diverse Suppliers:
Set aside a percentage of work, when awarded city contracts, to be allocated to small, minority-owned, and women-owned businesses.

• Enhance Economic Development:
Create opportunities for disadvantaged groups that foster job creation and promote community economic activity.

• Build Collaborative Partnerships:
Develop long-term, mutually beneficial relationships with diverse suppliers to enhance service delivery and innovation.

• Promote Transparency and Accountability:
Implement clear reporting mechanisms to track and evaluate the progress and impact of the Supplier/Business Diversity Program.

Program Implementation

• Supplier Identification and Outreach:

• Maintain a directory of certified small, minority-owned, and women-owned business enterprises (MWBEs).

• Actively participate in and sponsor events, trade shows, and workshops that promote MWBE networking and recruitment.

• Supplier Development and Capacity Building:

• Offer training, mentorship, and resources to diverse suppliers to strengthen their capacity to meet procurement standards.

• Provide feedback and support to help suppliers continuously improve and expand their capabilities.

• Inclusive Procurement Practices:

• Set measurable targets for including diverse suppliers in city contracts.

• Ensure that procurement processes are fair, transparent, and accessible to all qualified suppliers.

• Community Engagement:

• Partner with local organizations, chambers of commerce, and advocacy groups to identify and engage diverse suppliers.

• Encourage collaboration among diverse suppliers to build stronger business ecosystems.

Monitoring and Reporting

To ensure the success and accountability of the program:

• Regularly evaluate the performance of diverse suppliers against set benchmarks.

• Submit quarterly and annual reports outlining supplier participation, contract awards, and economic impact.

• Gather feedback from suppliers and stakeholders to continuously improve program effectiveness.

Conclusion

At Lyfe Events LLC, we recognize the importance of inclusivity in driving economic and social progress. Through our Supplier/Business Diversity Program, we aim to create meaningful opportunities for underrepresented groups, contributing to a stronger, more equitable business community. This commitment reflects our dedication to fostering innovation, collaboration, and shared success in every contract we fulfill.