Gov. Andrew M. Cuomo has announced legislation to reauthorize and to expand the MWBE Program to more contracts entirely funded by the state.
The proposed legislative changes and expansion to include all state-funded contracts would leverage the largest pool of state funding in history to combat systemic discrimination and create new opportunities for MWBE participation at every level, according to Cuomo.
Since 2011, state-certified MWBEs have won more than $10.4 billion in state contracts and the state has certified more than 6,600 MWBEs and re-certified more than 4,700 MWBEs.
“In New York, we know that our economy is strongest when everyone is empowered to participate, which is why we continue to work to increase access and opportunities to success for minority and women owned businesses to strengthen and diversify our economy,” Cuomo said. “These actions will break down barriers to success and empower these business owners to help fuel our economy and move this great state forward.”