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Maryland has slight bump in minority business participation, short of ‘aspirational goal’

January 18, 2024
Small business owners using laptop in restaurant

A new report from the Maryland Governor’s Office of Small, Minority & Women Business Affairs shows that the rate of Minority Business Enterprise participation increased slightly last fiscal year, which included the first six months of the Moore-Miller administration. The new figures on participation of women and minority businesses in state contracts provide the first glimpse into a new Democratic administration striving to meet the “statewide aspirational goal of 29 percent,” which was put forward during the administration of Republican Gov. Larry Hogan but was repeatedly fallen short of in meeting that mark of minority participation.

Article Source: The Herald-Mail

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