Corporate

About Our Program

Supplier Diversity Program

At Dominion, we are committed to doing business with women-owned, minority-owned, service-disabled veteran-owned, and HUBZone businesses in the communities where we provide service because:

It's just good business:

  • We expand our competitive and qualified supplier base for goods and services.
  • The increase in supplier base leads to improved supplier performance, competitive pricing and increased innovation and creativity.

It's the right thing to do:

  • Support continued economic growth in the communities where we provide service.
  • Create customer loyalty through investment in our communities.
  • Reinforce with our shareholders, customers and employees the company's commitment to value different ethnic and gender backgrounds.
     

Supplier Diversity Awards and Recognition

Dominion is proud of it's commitment to Supplier Diversity. View the awards and recognition we have received.
 

Facts

What is a minority owned or women owned Business?

A minority or women owned private or public Business is at least 51 percent owned by a woman or women, a minority person or group who are United States citizens or permanent residents, and who also control and run the business.

What is a minority?

Male or female Hispanic Americans, African Americans, Asian Americans, Native Americans or any other members whom the U.S. Small Business Administration designates as disadvantaged/minority.

What is a HUBZone Business?

A business which has a principal office located within a HUBZone, which includes lands on federally recognized Indian reservations and is owned and controlled by one or more U.S. citizens. A HUBZone business has at least 35% of its employees that reside in a HUBZone. A HUBZone owner is certified by the Small Business Administration as approved for the HUBZone Program.

What is a Service Disabled Veteran-Owned Business?

A business concern at least 51% owned by one or more qualified disabled veterans whose disability is service related, and the management and daily business operations of which are controlled by one or more qualified service disabled veterans.

Dominion's Affiliations with Business Advocacy Organizations

Central Virginia Business and Construction Association (CVBCA)

Dominion has also been invited to serve on the Advisory Board for the CVBCA.

The CVBCA is the leading organization in the Commonwealth representing minority contractors. The CVBCA promotes and inculcates the values of economic parity between and among businesses owned by people of color.

Edison Electric Institute (EEI)

Dominion has served on EEI's Supplier Diversity Committee for more than ten years. The Supplier Diversity Committee has been a primary source of information addressing contractual obligations with the Federal Government and changing regulations affecting Federal prime contractors. Dominion participates in EEI's Annual Meeting with the U.S. General Services Administration and U.S. Small Business Administration, and participates in the Annual Supplier Diversity Conference held in various locations across the nation.

EEI and its members (electric utilities) aim to establish long-term relationships with suppliers who provide products and services which help our industry succeed in a highly competitive environment. EEI members are dedicated to including minority and women-owned businesses among our list of suppliers. By building close alliances with diverse suppliers, member companies support their growth - and our expanded business relationships today will impact our business development tomorrow. Using diverse suppliers develops business opportunities through better visibility, shared goals, and a chance to prove the value of their products and services.

Maryland Washington Minority Contractors’ Association (MWMCA)

Dominion began its partnership with MWMCA in 2012. The MWMCA is an organization that advocates for minority business inclusion in all public and private procurement and aligns itself with strategic corporate partners that add value to its organization.

For its small business members MWMCA provides support, education, capacity building, and technical assistance to new and existing businesses. MWMCA monitors and facilitates inclusiveness, empowerment and opportunities for its members. MWMCA also provides certification assistance for Maryland Department of Transportation and Baltimore City’s minority business enterprise certification.

For its corporate members MWMCA identifies woman and minority contractors to work on projects that recommend inclusiveness. MWMCA writes and assists with the implementation of Diversity Inclusion Policy and Practices into one’s operations.

Metropolitan Business League (MBL)

Dominion is on the advisory board of the MBL.

The MBL is a not-for-profit business membership organization dedicated to minority business development. The MBL promotes business opportunities for its membership through its various programs and services, and serves as an advocate, providing tracking of issues and legislation affecting minorities and minority owned businesses.

The MBL works to ensure minority business participation in mainstream business activity at the local and State levels. The MBL promotes and encourages small business ownership and assist existing as well as newly developing business owners.

Northern Ohio Minority Supplier Development Council (NOMSDC)

Dominion has been a member of the NOMSDC (formerly the Cleveland Regional Purchasing Council - CRMPC) since its inception in the 1980s. Currently, Dominion serves on the NOMSDC's Board of Directors.

The NOMSDC is a minority business advocacy organization affiliated with the National Minority Supplier Development Council. The NOMSDC fosters relationships between minority suppliers and their potential clients: Fortune 500 corporations, government agencies and universities.

Their primary focus is to:

  • Promote supplier diversity as a corporate management imperative.
  • Facilitate corporate and minority business enterprises (MBE) relationships.
  • Assist minority businesses of all sizes in Northern Ohio to meet challenges and seize opportunities.
  • Provide access to educational, managerial and technical assistance.
Small Business Administration (SBA)

In the Small Business Act of July 30, 1953, Congress created the Small Business Administration (SBA), whose function was to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns."

SBA has grown significantly in terms of total assistance provided and its array of programs have been tailored to encourage small enterprises in all areas. SBA's programs now include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade.

The Richmond District Office is committed to forming close partnerships with lenders and with the community at large. Several agreements have been signed with companies and community organizations to increase lending and technical assistance to small businesses in the state of Virginia.

Virginia Asian Chamber of Commerce (VACC)

Dominion serves a Vice Chair of the Advisory Board of the VACC.

Created in June 2004, and then known as the "Asian American Business Assistance Center or AABAC", the mission of the VACC is to foster, increase, and maximize the economic potential of Virginia's Asian American businesses by supporting their domestic and international business development efforts in the global economy.

The Virginia Asian Chamber of Commerce is Virginia's leading authority on Asian business, economic development, and workforce development. With more than 300 individual and organizational supporters and members, VACC advances learning, knowledge exchange, and domestic and international economic development activities to help Asian entrepreneurs and professionals better themselves and to create better communities worldwide.

Virginia Hispanic Chamber (VAHCC)

The Virginia Hispanic Chamber of Commerce was founded in May 2000 as the first statewide organization to empower Hispanics in the Virginia business community by building economic, social, and cultural bridges between Virginia and its growing Hispanic community. Since its inception, the Chamber has worked to foster an environment that is conducive to business growth and benefits people with business acumen, both Hispanic and non-Hispanic, through cultural, social, and business activities. Goals include:

  • Growth and success of the VAHCC membership and Virginia Hispanic businesses
  • Linking to the Hispanic community
  • Advocacy, awareness and interest in the Virginia Hispanic community

The Chamber works with Hispanics and all interested in Hispanic business: the Virginia Hispanic business community; Virginia businesses and corporations; local, state, federal, and international entities; and non-profit organizations, as well as individuals.

Virginia Minority Supplier Development Council (VMSDC)

Dominion is a member of the Board of Directors of the VMSDC.

The VMSDC is a minority business advocacy organization affiliated with the National Minority Supplier Development Council. The VMSDC has branch offices in Norfolk, Staunton and Fairfax, Virginia. Its headquarters are located in Richmond, Virginia.

The Virginia Minority Supplier Development Council (VMSDC) fosters relationships between minority suppliers and their potential clients: Fortune 500 corporations, government agencies and universities.

Women President's Educational Organization

Dominion began its relationship with the WPEO in 2008.  Women Presidents' Educational Organization is a 501 (c) (3) non-profit organization that acts as the regional partner of the Women's Business Enterprise National Council (WBENC). They are a coalition of corporations, regionally focused women's business organizations and certified women business owners.  The WPEO administers the certification program for the states of: New York, New Jersey, Connecticut, Washington, D.C., Maryland, and Virginia.

NYSE : (April 16, 2014) D 71.53 0.96