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The supplier program will guarantee payments to parts firms for products already shipped to automakers.
With the supplier program in place, the auto task force is expected to soon announce its plans for G.M. and Chrysler.
The targeted diverse supplier program has yielded over $8 million in growth for select suppliers since the program's inception in 2013.
Mr. Green, known as Chip, and his mentor, Carmen Rarden, an I.B.M. purchasing executive, spent two days in 2007 brainstorming at the corporation's diversity supplier program in Charlotte, N.C., to pinpoint Green Ink's capabilities and determine its short- and long-term goals — a process assisted by Leonard Greenhalgh, a management professor at the Tuck School of Business at Dartmouth.
The strategy, coordinated with senior executives, is designed to enhance awareness of and interaction with diverse suppliers and includes several programs: the targeted diverse supplier program; an effort to identify diverse companies with which Cornell can do business; and a plan to help diverse businesses become New York State certified as a minority or woman-owned business.
The Cleveland Indians have a joint supplier program with the NFL's Cleveland Browns and NBA's Cleveland Cavaliers.
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The White Sox were one of the clubs other teams initially modeled their diversity supplier programs after.
Nadella responded saying that Microsoft is "very focused" on diversity, and cited the unconscious bias training it has deployed to over 100,000 employees, the diversity of Microsoft's supplier programs, and accelerator programs to reach minority entrepreneurs.
Mr. Gates said he would also expand to the rest of the military a preferred-supplier program started by the Navy to funnel more work to its best contractors.
In the U.S., a large health care company, which wishes to remain anonymous, is now parlaying a traditional supplier diversity program into a larger ethnic economy activation program with significant business and societal impact.
The Ford Motor Company, which declined to take out any government loans, is not participating in the supplier aid program.
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