Toyota Motor held its 21st Opportunity Exchange (OE) event at the Duke Energy Convention Center in downtown Cincinnati yesterday.
Opportunity Exchange, one of the largest minority business events in the country, facilitates a networking business environment between minority business enterprises (MBEs) from across the country and Toyota’s direct suppliers free of cost. To date, the event has resulted in over $160 million worth of new contracts for minority-owned businesses as a result of the event.
“Toyota’s event provides a one of a kind opportunity for minority businesses such as ours to meet face to face with key representatives from Toyota’s direct suppliers,” stated Jacklyn Salazar, president of Inteligente Solutions, a minority leading Hispanic-owned, national staffing organization in Livonia, Michigan.
Toyota’s Opportunity Exchange has grown from 100 over the last 20 years. It has helped generate new business for MBEs but it also continues to help direct suppliers diversify their own supply base.