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Diversity of Suppliers and Enterprise Certification
Several companies along with other organizations are committed to growing supplier diversity as a implies of rising the supplier base, enhancing service and good quality levels, reducing the price of getting, and promoting the participation of minority-owned businesses. Traditionally, these companies had been racially owned minority enterprises (MBEs) and women's business enterprises (WBEs). But in recent years, more organizations have expanded the definition to include LGBT businesses, veteran-owned and disabled-owned companies, even though they may be not protected classes recognized by the US federal government. These companies are owned or controlled or managed by 51% from the folks in these various groups.

Large Groups and their Administrators (LGBT)
What do Geocities, Facebook, PayPal and Calvin Klein have in widespread? All were founded or co-founded by somebody in the LGBT community. With some 1.4 million LGBT firms in the US, it's not surprising that some are among one of the most productive organizations. Greater than 800 of them have been certified as LGBTEs (LGBT Enterprises), a number that's anticipated to increase sharply inside the coming years, because the Little Organization Association launches its second reach for the LGBT organization neighborhood.

Although government support for lesbian, gay, bisexual, and transgender entrepreneurs lags behind females and minorities, some private organizations (backed by more than a couple of Fortune 500 businesses) have turn out to be very valuable sources for the neighborhood. A few of these organizations happen to be devoted to LGBT advocacy, networking or publishing for decades, producing communities and partnerships among LGBT entrepreneurs and their allies. Other individuals have come as much as fill within the gaps.

Real Estate Lawyers
National Gay and Lesbian Chamber of Commerce (NGLCC)
The NGLCC, a global advocacy group that calls itself the "commercial voice of the LGBT community", can be a crucial player within the LGBT enterprise planet. Its 140 corporate partners include IBM and American Express.

Founded in 2002, it really is the oldest organization of its kind, along with the only certifier of LGBT companies. As of June 2016, 864 certified LGBT Enterprises. Although a company's certification can help it grow nationally, joining one of many 52 NGLCC Affiliate Chambers can assist LGBT entrepreneurs at any stage connect using a supportive neighborhood.
Via a partnership with all the Tiny Enterprise Administration and Affinity Inc. Magazine in 2015, the NGLCC launched the LGBT Enterprise Builder. This initiative encourages LGBT Organization Enterprise certification and collaboration among SBA and regional offices.
 
LGBT Tourism in Brazil as source of Income
This is among the forms of tourism of this niche marketed towards the neighborhood of men and women who're part of the gay, lesbian, bisexual and transgender (LGBT) group that come to Brazil. The city of Rio de Janeiro was voted the best LGBT destination on the planet, according to the American channel "Logo TV" owned by Viacom 's MTV Networks. Rio de Janeiro was also voted the sexiest city in the world for LGBT men and women, based on the US channel "US Logo" and "TripOutGayTravel.com." By 2014, Brazil and the United states of america were the two nations most sought after by international LGBT tourists, based on the Planet Travel Industry.
About 26% of visitors from São Paulo, Rio de Janeiro, Florianópolis, Salvador and Fortaleza are LGBT folks. Today Brazil has more than 6,000 gay-friendly hotels and hostels registered in travel agencies and mainly specialized in gay-oriented sites, that are the main supply of data for travelers. Establishments receive a sticker having a rainbow, a global symbol on the gay movement.

Brazilian LGBT is proud to move millions in money every single year. Only São Paulo Gay Pride Parade, with three.5 million participants, attracts 400,000 LGBT vacationers, who will spend to the state's coffers, about 160 million reais.

With some commercial and tourist establishments specializing in LGBT public services, the gay community has become a priority for tourism and hospitality firms in Brazil. Estimates suggest that this niche is accountable for injecting annually about R $ 200 billion into the Brazilian economy.

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