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Harris promises 50% increase goal in contracts for minority businesses [Video]

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Business Funding

Vice President Kamala Harris, during remarks on a trip to North Carolina, said the Biden administration is on track to meet its goal of increasing federal contracts for minority-owned businesses by 50%. 

It was Harris’ 10th visit to Durham, North Carolina since becoming vice president, she told a group that gathered as she met with representatives for the venture capital program NC Invest.

“Not everyone has access to opportunity, but when provided with opportunity the talent is there, the capacity is there, the drive is there, the ambition is there, and growth, and economic growth results. So, that is the math in terms of what we are talking about,” Harris told the group

Vice President Harris was there to announce that the Biden administration would be injecting a new $92 million to be used mainly for early-stage startups in North Carolina. NC Invest focuses on growing small businesses. 

“The president …

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