City Staff Ideas Challenge
#nycspeaks2022 Share your ideas for bold actions the Mayor should take
Develop business incubators/aggregators for M/WBEs
Potential M/WBEs often lack the scale to successfully compete on City procurement. This is particularly acute for Black and Hispanic owned businesses. The City's economic development agencies could play an important role by creating incubators/aggregators that help them aggregate operations or scale individual operations. Depending on the sector this could be digital, physical or a mix of both.
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5 comments
MWBE's in construction (in my experience) lack ability to complete paperwork/office work effectively/efficiently.
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