From NMSDC

Hilton Supply Management’s (HSM) Supplier Diversity team has launched a $10,000 Diversity Advancement Fund Grant to be provided to a deserving minority or woman-owned business. 


Details of the Grant
Summary: Hilton Supply Management’s (HSM) Supplier Diversity team is pleased to announce the Hilton Supply Management’s Diversity Advancement Fund Grant! The annual grant of $10,000 will be given to a minority or woman-owned business that had the greatest impact on economic development strategies designed to accelerate innovation and entrepreneurship. PrizeIn addition to the $10,000 grant, HSM will fly the winner to Hilton HQ in McLean, Virginia with the opportunity to meet our HSM leadership and presentation of their grant monies.
CriteriaIn order to qualify for the grant, the following has to apply for each applicant: 

  1. The company has to be currently certified as a minority or woman-owned business
  2. The company should be classified as a small business based on the Small Business  Administration’s size standards
  3. The company has to submit a 1-page pitch with the following info: 
  • Brief summary of the company
  • Specific certification as a diverse supplier (identifying the certifying organization)
  • How the company’s products/services could be (or currently is) sold in hospitality 
  • Why the company deserves the award
  • How the company intends to use the award 

Scoring criteria will be based on the following:

  • Economic Need 
  • Investment Opportunity 
  • Background Story
  • Business Viability 

How to Apply

To apply, applicants should send their 1-page pitch to HSM’s Supplier Diversity Department at SupplierDiversity@Hilton.com

Deadline: All pitches are due by 5 pm on February 14, 2020