By Brittany Hutson State Senator James Meeks is no stranger to racial controversy. The reverend, who is currently running for mayor of Chicago, has been caught with his foot in his mouth in the past. Several years ago, he gave a sermon at his Salem Baptist Church in which he compared Mayor Richard Daley to […]
(Crain’s) — The Economic Development Corp. announced a loan and assistance program Tuesday that it says will help solve a basic supply vs. demand problem plaguing the city’s affirmative-action contracting: government construction projects that prioritize hiring minority- and women-owned businesses sometimes find that qualified companies remain in short supply. A City Council report in September […]
Access to diverse markets has companies turning to partners who know the terrain.
We spend money, we should make it too.
(LA Times) — President Obama urged passage of his proposals to stimulate hiring by small businesses through tax credits and lending incentives, arguing that similar measures are partly responsible for the economic recovery over the last few months. Small businesses have historically been responsible for two out of every three new jobs created in the […]
(The Business Review) — A new report concludes that minority- and women-owned businesses in New York are discriminated against in the private sector and in the state’s contracting process. State economic development officials intend to use the study, released Wednesday, to force better compliance with the state’s MWBE contracting requirements. The study may also serve […]
(Amsterdam News) — A curious term “minority,” oft times used with inaccurate reference in this current-day lexicon to describe non-white folk. That being said, accepted as its use is in so many political, economic and social circles, on Wednesday, Governor David Paterson introduced his minority- and women-owned business (MWBE) bill to “increase the utilization of […]
Black businesses are receiving a disproportionately small number of federal stimulus contracts.