Gov. Andrew Cuomo in July signed a law that reauthorized the Minority and Women Owned Business Enterprises (MWBE) program for five more years.
He aid it will ensure ongoing and meaningful participation of MWBEs in contracted state projects. The reauthorization of the law includes enhancements that will enable even more MWBEs to participate in and benefit from the program.
“The extension and expansion of New York’s nation-leading MWBE program will help ensure our economy is reflective of our values and of our diverse talent pool,” Cuomo said. “Diversity is New York’s greatest asset, and by signing this measure into law we will empower more women and people of color to participate in State contracts and continue our aggressive program to make contracting even more inclusive.”
“We are breaking down barriers for aspiring entrepreneurs and providing opportunities to ensure the growth and success of minority and women owned businesses,” said Lt. Gov. Kathy Hochul. “The renewal and expansion of our robust MWBE program advances New York’s nation-leading MWBE goals as part of our overall efforts to promote diversity. We are committed to encouraging and supporting minority and women owned businesses across the state, creating jobs and strengthening the economy.”