Minority And Women Businesses To Lobby For Largest Legislative Reform In Country
On Tuesday, March 2, the Minority & Women Business Enterprise (MWBE) Coalition, a nonpartisan organization of community leaders, business owners, trade associations, nonprofits, and concerned citizens that advocate for greater economic opportunities for MWBEs in New York State, will gather in Albany to lobby for the largest MWBE legislative reform in the country. The MWBE Coalition will call for several reforms of the current New York State MWBE legislation, as well as the creation of 20 MWBE companies with $100 million in sales by 2015 (20 by 15).
The need for MWBE legislative reform is increasingly important given our current economic situation: New York State’s 9.0% unemployment rate is growing steadily, with minority communities suffering at disproportionate rates, 15.5% for African Americans and 12% for Hispanics, which are expected to reach a 25-year high before the year’s end. Minority-owned businesses are doing their part to counteract the high unemployment; studies show that they are more likely than nonminority-owned businesses to be located in minority communities and employ minorities. However, they face significant growth restraints due to a lack of access to capital and opportunities. The MWBE Coalition’s proposed reforms will address the lack of access to capital and opportunities for minority and women-owned businesses, while creating jobs, invigorating communities, greater innovation and competitiveness, and stimulating local, regional and national communities.
As a part of MWBE Lobby Day, New York State elected officials and members of the MWBE Coalition will host a press conference at 3:30PM on Tuesday in the Capitol’s Majority Conference Room to call for increased access to economic opportunity for minority- and women-owned businesses across New York State.
Who: State Elected Officials and Members of the Minority & Women Business Enterprise Coalition (MWBE Coalition)
What: Press conference to call for increased access to economic opportunity for minority- and women-owned businesses across New York State. The presser is part of the largest-ever MWBE lobby day in New York State.
When: Tuesday, March 2nd – 3:30pm
Where: Majority Conference Room 332, Capitol, Albany, NY
Contact: Stephanie Ramirez