Grant Thornton’s Supplier Diversity Initiative provides procurement opportunities for certified minority and women-owned businesses. Supplier diversity is critical to our firm’s overall success, both in its procurement practices and as a responsible business organization. By providing economic development opportunities, we ensure our role as a leader within the communities we serve.
Grant Thornton’s Supplier Diversity Initiative:
- Enhances the supply chain via increased competition.
- Strengthens the economy of the communities we serve and reflects our role as market leaders.
- Encourages shared interests with key markets.
Eligibility and registration requirements
To qualify as a Grant Thornton diverse supplier, a company must be:
Your organization must be certified in at least one of the following classifications:
- A for-profit business, regardless of size, physically located in the United States or one of its trust territories.
- At least 51 percent owned, controlled and operated by a minority or woman
- Certified by one of the following certification agencies: National Minority Development Council (NMSDC), Women’s Business Enterprise National Council (WBENC), National Gay Lesbian Chamber of Commerce (NGLCC), Government Agency (City, State or National)
Supplier Diversity FAQs
- 8(a) SBA Certified
- Small Disadvantaged Business (SDB/SBA)
- HUB Zone (SBA Certified)
- Minority Business Enterprise (MBE)
- Woman Business Enterprise (WBE)
- Disabled Person-Owned Business (DOBE)
- Veteran Owned Business (VBE)
- Service Disabled Veteran Owned Business (SDVB)
- Lesbian, Gay, Bisexual, Transgender (LGBT)
What are the benefits of the Grant Thornton Supplier Diversity (SD) Initiative?
Suppliers who register with SD online are part of a supplier database that is made available to procurement decision-makers. SD also provides diverse suppliers with access to customized, commodity-specific in-house networking events with buyers and prime suppliers, and information sessions on procurement strategies.
I'm certified as a diverse business. What's my next step?
If you are interested in applying doing business with Grant Thornton and have evidence of third party certification, please begin the process by going to our supplier diversity online application. This application enables us to become familiar with your company's background and capabilities.
How long does the application process take?
The validation process takes approximately five to 10 business days. We’ll contact you if your application is accepted/rejected, or if more information is required. Once approved, you will receive an acceptance email and your information will be added to the SD database. Please be advised that acceptance into the SD database DOES NOT indicate that your company is an approved supplier for Grant Thornton.
How can I participate in the bid process once I’m registered?
The supplier diversity staff works with procurement decision-makers throughout the firm to aggregate demand opportunities. We obtain the minimum criteria required of an engagement and attempt to identify suppliers who can meet most or all of the criteria. We use the contact information in the SD database as the source for electronic disbursement of a request for preliminary information (RFPI) in which suppliers are asked to define their capabilities as they relate specifically to the engagement criteria. Criteria will vary by industry and will be limited to a few measurable, objective parameters. The RFPI is not intended to serve as a full request for information (RFI) or request for proposal (RFP). Our attempt is to get suppliers in front of real opportunities as they arise. However, nothing should take the place of independent sales and marketing efforts to make direct contact with internal decision-makers.
If I'm not certified as a diverse business or am self-certified, what's my next step?
In order to participate in the SD process, a supplier must be certified by one of the Grant Thornton recognized certification agencies (i.e. NMSDC, WBENC, NGLCC, municipality). We do not accept self-certification. Companies that are not yet certified but plan to pursue certification should indicate this in their SD application.
What is the definition of a diverse business and what does certification do?
Third party certification designates that your company meets the definition of being at least 51% owned, controlled AND operated by one or more members of a diverse group (e.g., minority, woman, gay/lesbian/bisexual/transgender, veteran, disabled, small disadvantaged).
How long will my company's profile be active in the Grant Thornton database?
We will maintain a company’s profile as active in our database for as long as its certification remains current. We recommend that suppliers provide us with updated company certification information a minimum of once each year, as expired certification will render your file inactive.
For more information, please email questions or comments to: SupplierDiversity@us.gt.com.