Siemens Awards $20,000 Grant to Detroit Voltage to Enhance Minority Representation in its Supply Chain
In partnership with the U.S. Department of Commerce Minority Business Development Agency (MBDA), Siemens awards $140,000 in grants to Black-owned businesses in seven metropolitan areas: Atlanta, Baltimore, Chicago, Detroit, Los Angeles, New York and Tampa.
February 24, 2021
Siemens and its partner, the Atlanta MBDA Business & Advanced Manufacturing Centers at Georgia Tech, selected Detroit Voltage as one of seven Black-owned small businesses to receive a $20,000 grant. The electrical business, which services commercial, residential and government contracts, will now join the company’s supplier database consisting of more than 6,000 small and diverse businesses.
“Companies like Detroit Voltage prove that Michigan remains a hub for innovation and progress,” said Michigan Governor Gretchen Whitmer. “I’m thrilled that Siemens and the Detroit MBDA Business Center have selected this business in our community, and I know that it will unleash their unbridled potential.”
“As a woman of color in a male-dominated industry, I’m honored to be recognized by Siemens through this grant program,” said Deana Neely, owner of Detroit Voltage. “I am excited to use this opportunity to continue developing my business and using my platform to educate young women about fulfilling careers in the construction field.”
Detroit Voltage began operating in 2018 and, in its first since months, generated over six figures in revenue. To date, the business has completed over 600 projects and is now considered a staple in the Detroit area. A trusted business owner, Neely often participates in panels and speaking engagements at schools and youth programs in her community.
“Michigan has one of the most comprehensive and diverse supplier networks in the nation, and Detroit Voltage is a perfect example of what happens when you combine this talent with an unwavering commitment to succeed,” said Bobby Chasnis, director of Pure Michigan Business Connect at the Michigan Economic Development Corporation. Chasnis and his team are helping corporations connect to new diverse suppliers, like Neely, for procurement opportunities. “We are proud of Detroit Voltage’s success, demonstrating the tenacity and resilience of Michigan businesses. As they build on their success, we look forward to supporting them along the way, helping connect them with new diverse suppliers or procurement opportunities to grow even further.”
As a growing successful company, Neely plans to use the grant funds to hire a project manager, a goal she has had for months, to help fill the gaps in the business, distribute responsibilities and find the right people to put in the right places.
“We as a company are more resilient when our supplier base is inclusive, fostering not only greater competition but also flexibility during challenging times,” said Patric Stadtfeld, head of Supply Chain Management for the Americas, Siemens USA. “We’re proud to support these Black-owned companies and look forward to working together in the future.”
In January, MBDA Centers in the seven select cities nominated nearly 30 Black-owned businesses to apply for the Siemens grants. The winners were selected by the MBDA based on their alignment with Siemens’ supply chain needs, and all nominated candidates will join Siemens’ supplier database.
“When asked what being a grant recipient meant to her business, Ms. Neely noted it will ultimately help grow and scale her business,” Sharon Crockett, Senior Business Development Consultant, Detroit MBDA Business Center. “This opportunity will open many doors for her, as not only will she receive the grant, but she may also get the opportunity to work on Siemens projects.”
The Siemens grants are intended to help Black-owned companies develop their businesses to successfully compete for contracts, demonstrating the company’s support of minority businesses and mission to advance supplier diversity.
To learn more about Siemens’ role in helping build a more resilient, equitable and inclusive society, please visit the Siemens Stories blog.
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Siemens Corporation is a U.S. subsidiary of Siemens AG, a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power that has been listed on the stock exchange since September 28, 2020. In fiscal 2020, Siemens Group USA generated revenue of $17 billion and employs approximately 40,000 people serving customers in all 50 states and Puerto Rico.
MBDA Centers are part of a national network of 40-plus centers and special projects funded by the U.S. Department of Commerce Minority Business Development Agency. MBDA is the only federal agency solely dedicated to the growth and global competitiveness of minority business enterprises. With a vision of economic prosperity for all American business enterprises, MBDA programs, services, and initiatives focus on helping MBEs grow today, while preparing them to meet the industry needs of tomorrow. To learn more about the MBDA and its business center network, visit www.mbda.gov.