Governor Cuomo today announced that New York State has
certified 2,123 minority and women-owned businesses, exceeding the goal
established in his State of the State Address two years ago. This
objective was achieved within 22 months, the fastest this milestone has
been achieved to date, reflecting the State's efforts to streamline and
expedite the certification process and maximize access to the benefits
of MWBE certification. Under the Governor's leadership, more than 6,600
MWBEs have been newly certified since 2011. The New York State Directory
of Certified Firms currently has over 8,500 certified firms, and is one
of the largest listings in the nation of MWBE firms ready, willing and
able to perform on public contracts.
"Diversity
and opportunity are critical to a vibrant and growing economy, and these
goals are vital to our efforts to support the business community," Governor Cuomo said.
"MWBE certification opens doors and generates opportunities for
businesses across the state, and this momentum will continue to ensure
that these businesses are fully represented in the Empire State."
Governor
Cuomo has set the nation's highest goal for the utilization of MWBEs on
New York State contracts at 30 percent and under his leadership, the
rate of utilization has increased nearly every year since 2011. For the
2016-2017 Fiscal Year, the rate of MWBEs participating in State
contracts increased to 27.2 percent, totaling more than $2.2 billion in
State contracts. This rate of utilization not only reflects the highest
percentage of State contracts awarded to MWBEs in the nation, but also
the largest dollar value of contracts awarded.
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Source: Press Office, Governor Andrew M. Cuomo
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