In addition to the minority dealership programs, we embrace the ingenuity that comes from having every perspective at the table and are committed to providing opportunities for diverse suppliers. Since 1983, the Company has purchased nearly $80 billion from minority-owned, women-owned and veteran-owned suppliers. In 2018, FCA US spent $9 billion with more than 300 diverse suppliers.
Our supplier diversity goals require that up to 8.5 percent of a tier-one supplier's buy be sourced to certified minority-owned businesses, 3 percent sourced with women-owned businesses and 1 percent sourced with veteran-owned businesses. The Company provides advocacy and consulting services to certified LGBT-owned and disable-owned suppliers.
Our dedication to supplier diversity has led us to create innovative programs, such as our annual MatchMaker event, which provides minority-owned, women-owned and veteran-owned businesses access to our leadership and buyers, tier one suppliers and leaders from advocacy and certifying organizations. Now in its 20th year, MatchMaker has generated more than $3.0 billion in new business opportunities for minority, women and veteran-owned suppliers.
In 2018, FCA US received the following honors for its supplier diversity efforts:
Best Tier II Program from the National Minority Supplier Diversity Council
Corporation of the Year from the Michigan Hispanic Chamber of Commerce
Best-In-Class for Excellence in Supplier Diversity from the Great Lakes Women Business Council
Top Corporation Gold from the Women’s Business Enterprise National Council
Advocate of the Year from the Michigan Hispanic Chamber of Commerce