05/07/2012 - 18:01
WASHINGTON -- Federal agencies have awarded only $32.4 million out of $8 billion in Small Business Innovative Research or Small Business Technology Transfer contracts to African-American-owned businesses in the last five fiscal years, according to Job Creation and Innovation: State of Black Business, 9th edition.
05/03/2012 - 14:53
MT. VIEW -- The federal government is spending less than $2 million per day with African-American manufacturing companies at a time when black manufacturing employment has declined precipitiously.
Job Creation and Innovation: State of Black Business, 9th edition, reports that federal agencies made $358 million in action obligations with black-owned manufacturing companies in the first six months of the 2012 fiscal year -- five percent of total spending with black-owned businesses.
05/02/2012 - 16:37
ANNAPOLIS -- Maryland's General Assembly committed to take an entire year to study the findings of the February 2011 disparity study, extending the 25 percent goal for procurement from minority businesses through June 2012.
The legislature also took action in 2008 which increased pension and insurance investments through minority owned firms from $300 million to $2 billion.
In the most recent session, the body required all hospitals to report to the Governor's Office of Minority Affairs how they are utilizing minority businesses.
04/27/2012 - 16:02
CAMBRIDGE -- When President Obama annnounced the National Bioeconomy Blueprint this week, he had researchers like Dr. Debra Auguste in mind as drivers of economic and scientific growth.
04/21/2012 - 18:19
ANNAPOLIS --The Governor’s Office of Minority Affairs in Maryland reports that state purchases from black-owned businesses grew from $291 million in FY 2010 to $335 million in FY 2011.
04/21/2012 - 18:12
RICHMOND -- Virginia Dept.
04/21/2012 - 17:56
AUSTIN --For the first half of the 2012 fiscal year, 3,000 black-owned firms received $112,768,911 in contract awards from Texas state agencies, according to its semi-annual historically-underutilized businesses report issued by the Comptroller of Public Accounts. There were 61,429 total vendors awarded $6,835,118,449 in contracts.