cover image: Removing Barriers to Participation in Local and State Government Procurement and Contracting for Entrepreneurs of Color

20.500.12592/7wm3f40

Removing Barriers to Participation in Local and State Government Procurement and Contracting for Entrepreneurs of Color

1 May 2024

With state and local government procurement expending more than $1 trillion each year, removing barriers to contracting participation--especially for minority-owned business enterprises (MBEs)--could advance a more equitable and accessible contracting environment. For decades, many states and localities have implemented procurement policies and practices aiming to increase the participation of businesses owned by people of color. However, recent court cases may threaten equity-focused approaches as well as considerably alter the broader procurement landscape.
metropolitan housing and communities policy center small businesses state and local finance qualitative data analysis wealth and financial well-being race and equity racial inequities in economic mobility

Authors

Brett Theodos, Sophie McManus, Tomi Rajninger

Published in
United States of America