Friday, September 22, 2023
No Result
View All Result
Boss Women Rule
  • Home
  • Features
  • Advice & Tips
  • Inspiration
  • List
    • Self made Boss
    • Top CEO
    • Top Company
  • Business
    • Business Idea
  • Home
  • Features
  • Advice & Tips
  • Inspiration
  • List
    • Self made Boss
    • Top CEO
    • Top Company
  • Business
    • Business Idea
No Result
View All Result
Boss Women Rule
No Result
View All Result
Home Advice & Tips

Baltimore Minority and Women’s Business Opportunity Office restructured after study finds underutilization

by Staff
October 5, 2022
0
2
SHARES
13
VIEWS
Share on FacebookShare on Twitter


CBS News Baltimore

Live

BALTIMORE — Baltimore City’s Minority and Women’s Business Opportunity Office is being reorganized after a study found that minority- and women-owned businesses are significantly underutilized due in large part to historic discrimination, Mayor Brandon Scott’s office said Wednesday. 

The key findings of the study were released Wednesday before the Board of Estimates. Among those findings are that past discrimination in the city’s contracting process has lead to less contracts being awarded to minority enterprises. 

The office, which currently is a small division of the City Law Department, will be combined with the Mayor’s Office of Minority and Women-Owned Business Development. The mayor’s office said the move would open the office up to more funding and make more efficient use of the agency’s resources. 

“This combined office will provide more developmental tools and resources to allow for additional availability and utilization of M/WBEs,” Scott said in a statement. “Baltimore’s success is dependent upon our small, minority, and women-owned businesses and we are working to grow a vast and diverse pool of businesses to partner with and prosper in the City.”

The study was conducted by MGT Consulting Group based in Tampa, Florida. The last disparity study was done in 2014. 

The mayor’s office said the group also recommended implementing staff training on business formation, which would help them understand common business barriers and how to bid and generate capital. Further recommendations include increasing the speed of payment cycles for subcontractors and utilizing a contract compliance software system. 

“This independent analytical analysis provides the citywide data needed to assess the Minority and Women’s Business Program.” said Christopher Lundy, Chief of the Minority and Women’s Business Opportunity Office. “And we are confident that this will serve as a roadmap to ensure that we are navigating a course that eliminates any barriers for M/WBEs to successfully enter the business sector in our city.”

CBS Baltimore Staff

wjz-cbs-baltimore.jpg

The CBS Baltimore Staff is a group of experienced journalists who bring you the content on CBSBaltimore.com.

Thanks for reading CBS NEWS.

Create your free account or log in
for more features.

Credit: Source link

Tags: BaltimoreBusinessFindsMinorityofficeopportunityrestructuredstudyunderutilizationWomens
Previous Post

The Club is driving business women’s ambitions in Cork and beyond

Next Post

Ghana’s Startup Ecosystem: Connecting the dots

Staff

Staff

Next Post
Ghana’s Startup Ecosystem: Connecting the dots

Ghana’s Startup Ecosystem: Connecting the dots

No Result
View All Result

Categories

  • Advice & Tips (1,773)
  • Business (381)
  • Business Idea (829)
  • Features (177)
  • Inspiration (196)
  • Self made Boss (63)
  • Top CEO (35)
  • Top Company (261)

Recent.

Level Up Week returns Feb. 6-10 > Wright-Patterson AFB > Article Display

Level Up Week returns Feb. 6-10 > Wright-Patterson AFB > Article Display

February 2, 2023
Tampa Thyroid Surgeon Selected as Finalist for Prestigious Tampa Bay Business Women Awards

Tampa Thyroid Surgeon Selected as Finalist for Prestigious Tampa Bay Business Women Awards

February 2, 2023
Blue Door Boutique in Frisco offers personalized service to help women feel confident

Blue Door Boutique in Frisco offers personalized service to help women feel confident

February 2, 2023
Boss Women Rule

Boss Women Rule is a platform that’s all about Women Empowerment. We are proud supporters of women in the business world and we have put in place this platform where we will be including everything from success stories to business tips to all-time inspirational stories. We will be featuring cover stories from top CEO women who are an inspiration to follow.

2022 © Design by CodingBite - Powered by LuxamaMedia.

No Result
View All Result
  • Home
  • Features
  • Advice & Tips
  • Inspiration
  • List
    • Self made Boss
    • Top CEO
    • Top Company
  • Business
    • Business Idea

2022 © Design by CodingBite - Powered by LuxamaMedia.