{"id":26290,"date":"2022-04-28T16:48:58","date_gmt":"2022-04-28T16:48:58","guid":{"rendered":"https:\/\/bostonchamber.com\/?post_type=press-release&#038;p=26290"},"modified":"2022-05-04T15:34:29","modified_gmt":"2022-05-04T15:34:29","slug":"innovative-contracting-model-takes-aim-at-supplier-diversity-inequities","status":"publish","type":"press-release","link":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/","title":{"rendered":"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities"},"content":{"rendered":"<style> .banner:before {\r\n        background: linear-gradient(0deg,rgba(0,0,0,0.5),rgba(0,0,0,0.5)) !important;\r\n    }<\/style><div id=\"ra_id_1651164222\" class=\"banner  standard lazyload\" style=\"background-image:inherit\" data-bg-image=\"url(https:\/\/bostonchamber.com\/wp-content\/uploads\/2021\/05\/Policy-Insight-Hero.png)\">\r\n        <div class=\"container  banner-container text-Center\">\r\n            <div class=\"row center-items\">\r\n                                \r\n                <div class=\"col-lg-7\"  >\r\n                                            <!-- <p class=\"label special-label\" tabindex=\"0\"><\/p> -->\r\n                    \r\n                    <h1 class=\"underline-text white \" tabindex=\"0\">\r\n                        Innovative Contracting Model Takes Aim at Supplier Diversity Inequities                    <\/h1>\r\n                                            <div class=\"xyz\" tabindex=\"0\"><p><\/p><\/div>\r\n                        <div class=\"banner_event\">\r\n                                                <\/div>\r\n                    <div class=\"banner-btn-wrapper\">\r\n                                                                                        <a class=\"btn follow-button\" href=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/05.02.22-Revised-Elegant-Stitches-Contract-Final-Release.pdf\" target=\"_blank\"><span class=\"icon\"><\/span>Download the Release<\/a>\r\n                            \r\n                                                        <\/div>\r\n                        <!-- <a href=\"#\">Link<\/a>\r\n                        <a class=\"arrow-link\" href=\"#\">Link<\/a>\r\n                        <a class=\"external-link\" href=\"#\">External Link<\/a>\r\n                        <a class=\"more-link\" href=\"#\">More<\/a> -->\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<script type=\"text\/javascript\">\r\njQuery(document).ready(function($){\r\n    setTimeout(function () {\r\n        console.log('here');\r\n\t\t$('#_youtube-iframe-wrapper').show();\r\n\t}, 2000);\r\n});\r\n<\/script>\n\n<style>\r\n    .cta-btn-wrapper{margin-bottom:2rem;margin-top:-10px;}\r\n<\/style>\r\n<section class=\"wysiwyg_block\">\r\n    <div class=\"container\">\r\n        <div class=\"row\">\r\n            <div class=\"col-lg-8\">\r\n            \r\n            <p>PITTSFIELD, MA \u2013 Greylock Federal Credit Union and <a href=\"https:\/\/elegantstitchesinc.com\/\">Elegant Stitches<\/a> of Pittsfield have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.<\/p>\n<p>\u201cGreylock\u2019s innovative contractual agreement with Elegant Stitches highlights how institutions can approach spending practices with minority business enterprises to be more intentional and inclusive through purchasing,\u201d said Elegant Stitches founder Alfred Enchill. \u201cThis blueprint should serve as a model for businesses who are looking for ways to connect with the BIPOC business community.\u201d<\/p>\n<p>Founded in 1997, Elegant Stitches is a family-owned custom embroidery and screen-printing company that supplies branded apparel and promotional products for public and private sector employees, teams, and community groups. As a small business and certified minority business enterprise, Elegant Stitches is proud of their contribution to the local economy, which generate jobs that help enrich their community.<\/p>\n<p>Greylock and Elegant Stitches have entered into a multi-year guaranteed minimum purchase agreement. The agreement will allow Elegant Stitches to forecast its sales and make appropriate investments to meet contract obligations. This financial security will give them the ability to focus on growth. In return, Greylock is guaranteed that their preferred vendor has the capacity and stability to meet their demands for years to come.<\/p>\n<p>One of the ground-breaking provisions of this agreement is the guaranteed minimum spend. While minimum purchase amounts are not unique per se, Greylock added a clause guaranteeing Elegant Stitches income, regardless of whether Greylock\u2019s purchase orders meet the agreed upon amount. Any unmet contractual spend is converted to a grant.<\/p>\n<p>\u201cIt\u2019s a win-win,\u201d said Greylock\u2019s Senior Vice President and Chief Administrative Officer, JamieEllen Moncecchi. \u201cElegant Stitches has been our go-to supplier for many years. This long-standing relationship with an immigrant founded enterprise, has sparked an innovative solution built on trust and mutual community-focused goals.\u201d<\/p>\n<p>The agreement is part of Greylock\u2019s long-term commitment to supplier diversity and inclusive purchasing practices, further developed when they joined the Greater Boston Chamber of Commerce\u2019s <a href=\"https:\/\/bostonchamber.com\/networks\/pacesetters\/\">Pacesetters initiative<\/a>, after introduction by the <a href=\"https:\/\/www.maroundtable.com\/\">Massachusetts Business Roundtable<\/a>. The Pacesetters initiative advocates for and supports an increase in the number of partnerships and spend with MBEs by mid to large sized corporations. While the Pacesetters initiative focuses on increasing spend with MBEs, it is part of a broader ecosystem of organizations, including Foundation for Business Equity, The Boston Foundation, and the Eastern Bank Foundation, which are dedicated to increasing capital and technical assistance for MBE success.<\/p>\n<p>Tom Browne, Director of Economic Inclusion at the Chamber and lead for the Pacesetters initiative said of the Greylock \u2013 Elegant Stitches partnership, \u201cincreasing spend with minority business enterprises plays a role in developing the wealth of communities from which those minority business enterprises are born and operate. This commitment by Greylock is a fantastic example of the purposeful and innovative investments that the Chamber encourages all mid and large sized corporations to make with businesses of color, not only for the benefit of the supplier but also for their own competitiveness and impact in the regional economy.\u201d<\/p>\n<p>\u201cFor many of our Black and Latinx small business owners, access to larger corporate and government contracts is the next critical tool for growth,\u201d said Glynn Lloyd, Executive Director at the Foundation for Business Equity. \u201cGreylock working in partnership with Elegant Stiches is important modeling and learning for others.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>About Greylock:<\/p>\n<p>Greylock Federal Credit Union is a member-owned financial cooperative that offers full-service branches in Pittsfield, Great Barrington, Lee, Adams, North Adams, Williamstown, Lanesborough, and Lenox, Massachusetts and Greenport\/Hudson, New York. More information is available at <a href=\"http:\/\/www.greylock.org\">www.greylock.org<\/a>.<\/p>\n<p>About Elegant Stitches:<\/p>\n<p>Founded in 1997, Elegant Stitches is a family-owned custom embroidery and screen-printing company that supplies branded apparel and promotional products for public and private sector employees, teams, and community groups. Learn more at <a href=\"https:\/\/urldefense.com\/v3\/__https:\/elegantstitchesinc.com\/__;!!P1XWVzh8FQ!nqJHj4szNrRucIo8_D5DzKajUqC3dl_a03FREQQo0WnowIQ4jEiqyQ8z2qm6Ku6guqs$\">https:\/\/elegantstitchesinc.com\/<\/a>.<\/p>\n<p>About the Greater Boston Chamber of Commerce:<\/p>\n<p>Greater Boston Chamber of Commerce is the convener, voice, and advocate of our region&#8217;s business community, committed to making Greater Boston the best place for all businesses and all people to thrive. Greater Boston Chamber of Commerce helps its members and Greater Boston succeed by convening and connecting the business community; researching, developing, and advocating for public policies that contribute to the region\u2019s economic success; and providing comprehensive leadership development programs designed to grow strong business and civic leaders. Learn more at\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bostonchamber.com%2F&amp;esheet=52278702&amp;newsitemid=20200903005192&amp;lan=en-US&amp;anchor=BostonChamber.com&amp;index=8&amp;md5=7370a15cea654ee17fcccca7f8f23c40\">BostonChamber.com<\/a>.<\/p>\n<p>About the Foundation for Business Equity:<\/p>\n<p>The Foundation for Business Equity (FBE) helps to close the racial wealth gap by scaling businesses of color and building thriving communities. Black and Latinx entrepreneurs face barriers to three critical growth tools: access to advice, access to capital and access to contracts.\u00a0 FBE helps businesses by providing them access to these tools and lending resources plus high-touch strategic advisory services to plan for and drive sustainable growth for their organizations.\u00a0 Learn more at <a href=\"https:\/\/fbequity.org\/\">fbequity.org<\/a> and follow FBE on <a href=\"https:\/\/www.linkedin.com\/company\/foundation-for-business-equity\/\">LinkedIn<\/a> and <a href=\"https:\/\/twitter.com\/fbequity\">Twitter<\/a>.<\/p>\n  \r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/section>\n\n<div id=\"ra_id_1651165210\"  class=\"section media-text \">\r\n    <div class=\"container\">\r\n        <div class=\"row left\">\r\n            <div class=\"col-lg-6\">\r\n                <div class=\"media-wrapper\">\r\n                    <div id=\"media-text-desktop\" class=\"media-lightbox\">\r\n        <div class=\"item  ratio ratio-16x9\" tabindex=\"0\" ><img decoding=\"async\" tabindex=\"0\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\" alt=\"\" class=\"media-img lazyload\" data-caption=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 2560px; --smush-placeholder-aspect-ratio: 2560\/1885;\"><\/div>\r\n        <\/div>                    <div id=\"media-text-mobile\" class=\"media-lightbox\">\r\n        <div class=\"item  ratio ratio-16x9\" tabindex=\"0\" ><img decoding=\"async\" tabindex=\"0\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\" alt=\"\" class=\"media-img lazyload\" data-caption=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 2560px; --smush-placeholder-aspect-ratio: 2560\/1885;\"><\/div>\r\n        <\/div>                <\/div>\r\n            <\/div>\r\n            <div class=\"col-lg-6\">\r\n                <div class=\"text-wrapper\">\r\n                    <h3 tabindex=\"0\" >Representatives from Greylock and Elegant Stitches have entered into a multi-year guaranteed minimum purchase agreement.<\/h3>\r\n                    <p tabindex=\"0\" >This type of innovative and strategic partnership is key to closing the racial wealth gap. From left to right: John Bissell, President &amp; CEO, Greylock Federal Credit Union, Alfred Enchill, Founder &amp; CEO, Elegant Stitches, Auric Enchill, Sales Manager, Elegant Stitches, and JamieEllen Moncecchi, SVP &amp; Chief Administration Officer, Greylock Federal Credit Union<\/p>                \r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\r\n<div class=\"modal fade video-modal transition_remove\" id=\"videomodalra_id_1651165210\" tabindex=\"-1\" aria-labelledby=\"videoModalLabel\" aria-hidden=\"true\">\r\n<div class=\"modal-dialog modal-dialog-centered modal-lg\">\r\n    <div class=\"modal-content\">\r\n        <button type=\"button\" class=\"slick-lightbox-close\" tabindex=\"0\" data-bs-dismiss=\"modal\" aria-label=\"Close\"><\/button>\r\n        <div class=\"modal-body ratio ratio-16x9\" >\r\n                    <\/div>\r\n    <\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n<script type=\"text\/javascript\">\r\n  jQuery(document).ready(function($){\r\n\t  \r\n\t   $(\".text_media_image\").focus(function() {\r\n            console.log('in');\t\t\t\r\n        });\r\n      \/** Empty the modal body if the modal is closed so that it stops playing **\/\r\n    \/\/   $(\".video-modal\").on('hide.bs.modal', function(){\r\n    \/\/         $(\".modal-body\").html('');\r\n    \/\/     });\r\n        \r\n        \/** add feature video embed to the modal body on opening the modal **\/\r\n        \/\/ $(\".video-modal\").on('show.bs.modal', function(){\r\n        \/\/     $(\".modal-body\").html('');\r\n        \/\/ });\r\n\r\n \r\n    $(\"#ra_id_1651165210 .media-lightbox\").slickLightbox({\r\n        src: 'src',\r\n        itemSelector: '.item img',\r\n        caption: 'caption',\r\n    });\r\n\r\n        \r\n    $(function() {\r\n        $('.popup-youtube, .popup-vimeo').magnificPopup({\r\n            disableOn: 700,\r\n            type: 'iframe',\r\n            mainClass: 'mfp-fade',\r\n            removalDelay: 160,\r\n            preloader: false,\r\n            fixedContentPos: false\r\n        });\r\n    });\r\n  });\r\n<\/script>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Greylock Federal Credit Union and Elegant Stitches of Pittsfield have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.<\/p>\n","protected":false},"featured_media":26291,"parent":0,"menu_order":0,"template":"","meta":{"content-type":"","inline_featured_image":false},"tags":[48,59,35],"class_list":["post-26290","press-release","type-press-release","status-publish","has-post-thumbnail","hentry","tag-economic-inclusion","tag-pacesetters","tag-small-businesses"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber<\/title>\n<meta name=\"description\" content=\"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber\" \/>\n<meta property=\"og:description\" content=\"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/\" \/>\n<meta property=\"og:site_name\" content=\"Boston Chamber\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-04T15:34:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1885\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/\",\"url\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/\",\"name\":\"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber\",\"isPartOf\":{\"@id\":\"https:\/\/bostonchamber.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\",\"datePublished\":\"2022-04-28T16:48:58+00:00\",\"dateModified\":\"2022-05-04T15:34:29+00:00\",\"description\":\"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.\",\"breadcrumb\":{\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage\",\"url\":\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\",\"contentUrl\":\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg\",\"width\":2560,\"height\":1885},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bostonchamber.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Press Release\",\"item\":\"https:\/\/bostonchamber.com\/press-release\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bostonchamber.com\/#website\",\"url\":\"https:\/\/bostonchamber.com\/\",\"name\":\"Boston Chamber\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bostonchamber.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bostonchamber.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bostonchamber.com\/#organization\",\"name\":\"Boston Chamber\",\"url\":\"https:\/\/bostonchamber.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bostonchamber.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2021\/12\/Vector.svg\",\"contentUrl\":\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2021\/12\/Vector.svg\",\"width\":146,\"height\":45,\"caption\":\"Boston Chamber\"},\"image\":{\"@id\":\"https:\/\/bostonchamber.com\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber","description":"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/","og_locale":"en_US","og_type":"article","og_title":"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber","og_description":"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.","og_url":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/","og_site_name":"Boston Chamber","article_modified_time":"2022-05-04T15:34:29+00:00","og_image":[{"width":2560,"height":1885,"url":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/","url":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/","name":"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities - Boston Chamber","isPartOf":{"@id":"https:\/\/bostonchamber.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage"},"image":{"@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage"},"thumbnailUrl":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg","datePublished":"2022-04-28T16:48:58+00:00","dateModified":"2022-05-04T15:34:29+00:00","description":"Greylock Federal Credit Union and Elegant Stitches have entered into a unique and industry-leading supplier contract aimed at providing minority-owned businesses an opportunity to grow and compete in the business-to-business marketplace.","breadcrumb":{"@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#primaryimage","url":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg","contentUrl":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/04\/Greylock-Elegant-Stitches-042222-scaled.jpg","width":2560,"height":1885},{"@type":"BreadcrumbList","@id":"https:\/\/bostonchamber.com\/press-release\/innovative-contracting-model-takes-aim-at-supplier-diversity-inequities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bostonchamber.com\/"},{"@type":"ListItem","position":2,"name":"Press Release","item":"https:\/\/bostonchamber.com\/press-release\/"},{"@type":"ListItem","position":3,"name":"Innovative Contracting Model Takes Aim at Supplier Diversity Inequities"}]},{"@type":"WebSite","@id":"https:\/\/bostonchamber.com\/#website","url":"https:\/\/bostonchamber.com\/","name":"Boston Chamber","description":"","publisher":{"@id":"https:\/\/bostonchamber.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bostonchamber.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bostonchamber.com\/#organization","name":"Boston Chamber","url":"https:\/\/bostonchamber.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bostonchamber.com\/#\/schema\/logo\/image\/","url":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2021\/12\/Vector.svg","contentUrl":"https:\/\/bostonchamber.com\/wp-content\/uploads\/2021\/12\/Vector.svg","width":146,"height":45,"caption":"Boston Chamber"},"image":{"@id":"https:\/\/bostonchamber.com\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/press-release\/26290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/press-release"}],"about":[{"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/types\/press-release"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/media\/26291"}],"wp:attachment":[{"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/media?parent=26290"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bostonchamber.com\/wp-json\/wp\/v2\/tags?post=26290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}