As a trade news writer, it is inspiring to see the retail community power ahead in an effort to level the playing field for all operators. In support of local minority- and women-owned businesses, Hy-Vee recently revealed a new supplier strategy. The Hy-Vee OpportUNITY Inclusive Business Summit is set to elevate businesses and professionals in the Hiawatha, Iowa, area through a small-business vendor expo, small-group workshops, and a keynote presentation.
As the event approaches, local minority- and women-owned businesses are invited to apply for the chance to showcase their products and services during a pitch competition, a press release explained. In the end, three winners will be selected by a panel of judges with the chance to receive up to $25,000 as an investment for future endeavors.
The retailer is currently accepting submissions for local products and services in the food and beverage, product innovation and technology, health and beauty, sustainability, and services and entertainment categories. It is free to apply, with April 17, 2022 at 11:59 p.m. (CDT) being the deadline to submit applications.
Hy-Vee will award a total of $50,000 to three area businesses following the pitch competition at the Hy-Vee OpportUNITY Inclusive Business Summit. First place will receive $25,000, second place will get $15,000, and third place will take home $10,000.
We applaud Hy-Vee on these continued efforts, and cannot wait to see what comes next.