Partner with FEMA to Help Those Affected by Natural Disasters.

Whether you blame it on climate change or the natural order of the universe, the incidence of natural disasters is increasing in the United States. Catastrophic wildfires are raging across California and Oregon. An eruption of the Kiluea volcano on the Big Island of Hawaii has caused major devastation to populated areas, destroying, as of […]

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MWBE Connect NY App Helps Contractors Find RFPs

Of all the challenges that certified minority and woman owned businesses face, one of the most consistent and troubling is gaining access to opportunities that are appropriate for their capacity and expertise. But now a recently developed smartphone app is helping MWBEs in New York to do just that. It’s called MWBE Connect NY, and […]

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How to Calculate Your Break Even Point and Why It Matters

All business start-ups face a number of challenges, many of which loom much larger for MWBEs. Access to capital is certainly one of the most significant, as is finding mentors who can offer sound, meaningful advice. But let’s assume for now that you’ve secured the funding you need to get your business going and have […]

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What Are the Five Cs of Credit Assessment?

Access to capital is a challenge for many small business owners, and this is especially true for women and minorities. Typically, MWBEs have more difficulty getting loans from traditional lenders, and pay higher interest rates when they do. That’s why knowing what lenders look for and how they perform a credit assessment is especially important […]

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MWBE Participation Goals and the Capacity Gap

In the tri-state area, New York and New York City offer the most comprehensive programs for MWBEs. For example, certified minority and woman owned businesses have acess to training and other resources, bonding opportunities and a number of sponsored loans and grants. Further, the State of New York has the most aggressive MWBE participation goals […]

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Crowdfunding: A Viable Source of Capital for Women Entrepreneurs

Historically, access to capital is a greater challenge for woman and minority owned businesses than it is for businesses owned by non-minorities and/or males. Woman and minority business owners, for example, are less likely to qualify for traditional financing, and when they do, they receive smaller loans at higher interest rates. These challenges are particularly […]

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What Is the Florida Supplier Diversity Exchange?

Like many states in the U.S., Florida has established goals for the utilization of disadvantaged business enterprises in the state. Overseen by the Office of Supplier Diversity, the Florida  program seeks to increase participation by woman, minority and veteran owned businesses in government contracts through a certification process similar to that in New York. The […]

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Need Guidance? Apply for the NYS MWBE Mentor-Protege Program

Like all entrepreneurs, minority and women business owners can benefit from on-the-job training in their field. But finding a mentor who is willing and able to provide that kind of learning can be challenging, especially for MWBEs. That’s one reason why the State of New York established the Mentor-Protege Program, which connects qualified mentors who […]

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