SANTA CLARA, Calif.--(BUSINESS WIRE)--
Avaya Holdings Corp. (AVYA) today launched its pioneering Avaya for Communities program to provide Economically Disadvantaged Women-Owned Small Businesses (EDWOSB) in the U.S. with Avaya Intelligent Xperiences (IX) communications and collaboration solutions to support their growth and success.
The Avaya for Communities program offers Avaya IX solutions for unified communications and contact center at significantly reduced pricing, sometimes even at zero cost, to qualifying EDWOSBs for a twelve-month period. The U.S. Small Business Administration has established criteria that define EDWOSBs, including that the business is at least 51% owned and controlled by women managing day-to-day operations and making long-term decisions for the business. There are also income, net worth and asset criteria.
“Our commitment to corporate responsibility can create a positive change in the world through transforming the modern workplace. Improving access for disadvantaged businesses to leading communications and collaboration technology can help make a difference,” said Jim Chirico, Avaya President & CEO. “Recognizing that March 8 is International Women’s Day, we chose this month to launch an innovative and important program to support up-and-coming entrepreneurs. This is the latest in a series of diversity and inclusion initiatives that Avaya has introduced, and one that I am particularly enthusiastic about.”
Twelve years ago, there were roughly 5 million women-owned businesses in the U.S.,1 and today there are nearly 12 million. While significant progress has been made, 88% of women-owned businesses are considered small, with revenues less than $100,000, and women still find it difficult to secure funding particularly in the start-up stage. In fact, only 4 percent of the total dollar value of all small business loans goes to women entrepreneurs2. Recognizing the obstacles that EDWOSB can face, Avaya is helping to level the playing field. Details for the Avaya for Communities program, including information on the tiered pricing offers for select Avaya IX solutions, can be found here.
One such example of a company pushing these obstacles aside is Yoconut Dairy Free, a coconut yogurt company based in San Francisco, California, and a small plant-based food innovation startup founded by a female entrepreneur. “We created Yoconut based on our passion for good food, and as a female-founded and operated business, I am pleased to see a major technology company like Avaya propelling women forward by taking an interest in helping businesses like ours grow and prosper,” said Bonnie Lau, CEO of Yoconut Dairy Free.
In addition to the Avaya for Communities program, Avaya supports education, humanitarian, and environmental projects around the world through their Month of Giving program and other corporate responsibility programs. See how Avaya is creating positive change in the world year round.
Businesses are built on the experiences they provide, and every day millions of those experiences are built by Avaya (AVYA). For over one hundred years, we’ve enabled organizations around the globe to win – by creating intelligent communications experiences for customers and employees. Avaya builds open, converged and innovative solutions to enhance and simplify communications and collaboration – in the cloud, on-premise or a hybrid of both. To grow your business, we’re committed to innovation, partnership, and a relentless focus on what’s next. We’re the technology company you trust to help you deliver Experiences that Matter. Visit us at www.avaya.com.
Cautionary Note Regarding Forward-Looking Statements
This document contains certain “forward-looking statements.” All statements other than statements of historical fact are “forward-looking” statements for purposes of the U.S. federal and state securities laws. These statements may be identified by the use of forward looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," “our vision,” "plan," "potential," "preliminary," "predict," "should," "will," or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, expected cash savings and statements about growth, exchange listing and improved operational metrics. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. The factors are discussed in the Company’s Registration Statement on Form 10 filed with the Securities and Exchange Commission, may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Company’s filings with the SEC that are available at www.sec.gov. The Company cautions you that the list of important factors included in the Company’s SEC filings may not contain all of the material factors that are important to you. In addition, considering these risks and uncertainties, the matters referred to in the forward-looking statements contained in this report may not in fact occur. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.
Source: Avaya Newsroom
1 U.S. Small Business Administration, https://www.sba.gov/offices/headquarters/oed/resources/3690
2 https://www.americanexpress.com/en-us/business/trends-and-insights/articles/where-are-the-resources-for-women-owned-businesses; American Express, https://about.americanexpress.com/files/doc_library/file/2018-state-of-women-owned-businesses-report.pdf