Siemens Awards $20,000 Grant to Inpax Shipping Solutions of Atlanta 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 Inpax Shipping Solutions as one of seven Black-owned small businesses to receive a $20,000 grant. Inpax Shipping Solutions will now join the company’s supplier database consisting of more than 6,000 small and diverse businesses.
“The Siemens grant is a great initiative to see happening in our community. Black entrepreneurship has played an enormous role in the City of Atlanta’s history,” said Atlanta City Councilmember Carla Smith. “This grant funding will enhance that entrepreneurial spirit further by aiming to promote the growth of Black-owned businesses. It’s great for Siemens to have this kind of focused effort being put into action to boost supplier diversity and competitiveness.”
“We’re honored to have been selected as one of the seven businesses to receive a grant from Siemens,” said Leonard Wright, president & CEO, Inpax Shipping Solutions. “It is a priority for me to help shape the workforce of the future, and I plan to utilize these resources to hire and train a recent digital marketing graduate in our local community -- jumpstarting their career while helping to shape our digital presence in the marketplace.”
Inpax Shipping Solutions is a single source logistics operation that provides professional transportation services for time sensitive materials. With offices across the U.S., the 20-year-old company has grown significantly over the past two decades, listing leading companies such as DHL eCommerce, UPS Mail Innovations and AT&T amongst its customer base. Having faced hardships due to economy fluctuations as well as customer vertical integration, the team has re-examined the business’ growth strategy to ensure Inpax Shipping Solutions is set up for success in an increasingly digital world. To meet the company’s revenue goals, President and CEO Leonard Wright plans to apply the grant towards growing the company’s digital strategy. The resources will be used to onboard a recent marketing graduate within the community to augment the company’s digital presence.
“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.
“The Siemens Entrepreneurship Grant is a shining example of the commitment corporations should make to the African American and minority communities,” said Donna Ennis, director of Atlanta MBDA Centers. “Partnering with the Minority Business Development Agency (MBDA) Centers in seven cities allowed Siemens to reach into the African American business community to identify deserving companies. Our client, Inpax Shipping Solutions, will use the grant to bring new talent into the logistics industry thus helping to create a skilled workforce. We congratulate Siemens on a job well done!”
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.