Nine local, minority-owned businesses have graduated from the Diverse Supplier Mentoring Program, a collaborative professional development program made possible by the City of Richmond Office of Minority Business Development and Capital One.

Led by Capital One, the program provides business owners with the tools, resources and counsel needed to succeed in today’s marketplace. As a part of Capital One’s Impact Initiative, the program aims to accelerate the success of small business owners to create more jobs, strengthen the local economy and move our society toward a more equitable future.

“At Capital One, we recognize the longstanding impact of Richmond’s Black-owned businesses on the social and economic vitality of the city,” said Jim Gorzalski, Chief Procurement Officer and Senior Vice President of Enterprise Services at Capital One. “As part of our greater supplier diversity work, we are honored to provide mentorship to accelerate the revenue and business growth of these entrepreneurs in the city where we live, work and serve.”

Mayor Levar Stoney delivered remarks to the graduating class and thanked them for the great contributions they make to the community.

About the Diverse Supplier Mentoring Program

Capital One’s diverse supplier mentoring program provides business owners with the tools, resources and counsel needed to succeed in today’s marketplace. The program pairs local entrepreneurs with Capital One associates to develop sustainable models that accelerate year over year growth, profitability and key operating metrics.  As part of Capital One’s Impact Initiative, the diverse supplier mentoring program aims to accelerate the success of small business owners to create more jobs, strengthen the local economy and move our society toward a more equitable future.

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