Pittsfield-based Greylock Federal Credit Union has joined the Greater Boston Chamber of Commerce’s Pacesetters program, which uses procurement to promote economic opportunity by giving Massachusetts-based minority-owned enterprises access to contracts.

Pacesetters had expanded statewide last fall.

“By increasing spend with businesses of color across the state, Pacesetter companies and anchor institutions use their procurement purchasing power to collectively close the racial wealth gap,” the GBCC said in a statement.

Greylock FCU is a member of the Massachusetts Business Roundtable, which joined Pacesetters when the program expanded statewide last year. MBR helped elevate the program’s visibility with its members, the GBCC said, and Greylock FCU joined Pacesetters through its MBR membership.

“Pacesetters is a stronger program with the addition of Greylock Federal Credit Union joining the pool of buyers,” James E. Rooney, president and CEO of the Greater Boston Chamber of Commerce, said in the statement. “During our statewide expansion, envisioning a new business economy that prioritizes inclusivity and champions economic opportunity meant reaching out to our business partners to strategize on a larger scale. I’m grateful to JD Chesloff and the Massachusetts Business Roundtable for their partnership in this important work. MBR introduced Greylock to Pacesetters, acting as a true partner in closing the state’s racial wealth gap.”

Greylock joined as a Pacesetter signatory and plans to partner with minority businesses in the Berkshires and across the state. By joining as a signatory, Greylock commits to increasing its spend with local and state businesses of color year-over-year for five years.

“This initiative falls squarely within our long-term commitment to what Greylock calls IDEA: inclusion, diversity, equity and accessibility,” Greylock CEO and President John L. Bissell said in a statement. “Improving the inclusiveness of our purchasing practices is one of many ways we can help close the racial wealth gap and promote real change in the way our economy distributes resources and power.”

Chesloff, the MBR’s president and CEO, said the disparity in awarding contracts to businesses of color is both a statewide issue and a statewide opportunity.

“By engaging with employers and expanding Pacesetters’ reach to all regions across the Commonwealth, like Greylock Federal in the Berkshires, we are raising awareness and increasing connections that we hope will create greater access for minority-owned business enterprises to secure contracts with major employers in Massachusetts,” Chesloff said. “We thank the Greater Boston Chamber for their leadership of the Pacesetters program, and John Bissell and Greylock Federal for their steadfast commitment to racial equity.”

In addition to signatories like Greylock, the program includes partners that provide additional financial support to Pacesetters and other organizations that promote supplier diversity. These partners include Berkshire Bank, Citizens Bank, Eastern Bank, the Federal Reserve Bank of Boston and State Street Corp. Eastern Bank is one of Pacesetters’ presenting sponsors, along with John Hancock. NAIOP Massachusetts, which represents the commercial real estate industry, is a participating business association.