NYC Mayor Bloomberg touts minority- and women-owned business initiatives



Minority- and women-owned enterprises in New York City may receive some help from a number of new initiatives launched by Mayor Michael Bloomberg.

Once such program involves offering immigrant small business owners the opportunity to take business courses in Russian, Spanish, Korean and Chinese. The measures reflect Bloomberg's assertion that small firms are the most critical component of a healthy economy, especially in a city as diverse as New York.

"Our vibrant small business community is also a major reason why New York has weathered the recession better than the rest of the country - and we believe that our small businesses can continue to lead our recovery," the mayor said in his weekly radio address Sunday.

"In recent days, we've taken steps to help more of them get off the ground, grow and create jobs by focusing on … immigrant entrepreneurs and minority- and women-owned business enterprises," Bloomberg added.

The mayor pointed out that since 2006, more than 26,000 contracts totaling more than $1.9 billion have been awarded to firms taking part in the city's MWBE program, providing further assistance to entrepreneurs seeking incorporation in New York City.

Tags : how to incorporate, incorporation news, ny, small business management
Posted: Mar 7th, 2011
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