ICS Magazine

P&G Receives Minority Business Development Award

June 13, 2001
Columbus, Ohio (PRNewswire) -- The Procter & Gamble Co. has received the State of Ohio 2001 Minority Business Development Award, which honors corporations that advance minority business development through investing, mentoring and breaking down barriers to success.

P&G first established a minority supplier development program in 1972 when it spent $44,000 with six suppliers. In 1993, the effort was renamed TARGET HUBs to reflect the purpose of the program: To Accelerate Revenue Growth and Employment to Targeted Historically Underutilized Businesses.