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NYS surpasses goal for Minority and Women owned businesses [Video]

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Black Entrepreneurs

The state has surpassed its utilization goal for the last four years.

ALBANY, N.Y. — During the 14th Annual New York State MWBE Conference Forum on Tuesday, Governor Hochul announced New York State has surpassed its 30 percent Minority and Women-owned Businesses utilization goal for the fourth year in row. This year’s 32.21 percent utilization rate represents nearly $3 billion in public contracts awarded to certified MWBEs and nearly $12 billion since Governor Hochul took office. Hocuhl also unveiled a new MWBE certified decal seen below. 

“Since becoming Governor, my administration has championed an economic agenda that benefits all New Yorkers, and this year’s utilization rate shows the progress we have made toward achieving that goal,” Governor Hochul said. “We have more to do, but diversity is New York’s greatest strength and our communities are our greatest voice – together, we will continue to promote nation-leading programs and policies that support a fairer, stronger, …

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