The retail industry’s longest-running vendor accelerator program, The Workshop at Macy’s, is now accepting applications for its September 2023 session. This unique initiative, which has been fostering growth and providing opportunities since its inception in 2011, is dedicated exclusively to diverse, women, LGBTQ+, and veteran-owned enterprises.
Macy’s, a historical leader in the retail industry, has been a beacon of success since its establishment in 1858. Today, it stands as one of the largest and most successful department stores in the United States. In 2007, the company rebranded from Federated Department Stores, Inc., to Macy’s, Inc., marking a new era of innovation and inclusivity.
The Workshop at Macy’s offers an unparalleled platform for entrepreneurs to unlock their potential and gain invaluable support, resources, and mentorship. The program has seen numerous enhancements over the years, including the introduction of new classes and strategic sourcing in 2022.
This year, the 2023 class will have a new opportunity to access Macy’s holistic supplier ecosystem, critical education, and funding resources. Top participants in The Workshop at Macy‘s receive additional coaching and support to become sustainable, successful vendors with major retailers.
To be considered for this prestigious program, businesses must meet specific criteria. They must be US-based, active for two or more years, and 51% or more owned by a woman, veteran, persons with disabilities, someone who identifies as LGBTQ+, or someone of Black, Hispanic/Latino, Native American, Asian-Indian, or Asian-Pacific origin.
The application process is thorough and requires various documents and information, including business contact details, ownership verification, legal structure information, and a description of what makes the product unique. Applicants must also provide financial statements for the business for two years and a 250-word biographical statement, among other requirements.
Applications for the 2024 session opened on September 5, 2023, and will close on November 30, 2023. All eligible applications will be reviewed, and select applicants will be called in for a virtual interview. The class size is limited, ensuring personalized attention and mentorship for each participant.
The Workshop at Macy’s has proven to be helpful for many businesses, providing them with the tools and knowledge to scale their operations and achieve greater success. Don’t miss this opportunity to elevate your business to new heights. Apply now and join the ranks of successful vendors who have benefited from this exceptional program.