Minority business participation in state contracts peaks, but advocates say numbers are skewed
Minority business participation in state contracts last year reached its highest level since the program began in 1978, a Governor’s Office of Minority Affairs report said.
Minority business enterprises (MBE) made up 24% of state procurement awards in FY 2011 and were given $1.6 billion worth of business, an 18% increase from FY 2010. The goal for the agencies has been 25% MBE participation in state contracts.
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