Missouri minority, women-owned companies apply for contract
COLUMBIA, Mo – Minority- and women-owned businesses are facing a challenging process to apply for subcontracts through Missouri’s diversity program.
The Office of Equal Opportunity says that Missouri expenditures on work done by minority-owned firms have risen nearly 7 percent since 2007, topping $138 million in fiscal year 2016. State funds going to women-owned firms increased more than nearly 1.5 percent in the same time period to more than $53.5 million.
The Columbia Missourian reports that despite the trend, a study by the office’s review committee found that businesses often had a hard time applying to the program and some agencies had trouble locating diverse contractors.
Gov. Jay Nixon signed a 2015 executive order requiring state agencies to meet a goal of 10 percent participation each for minority- and women-owned businesses.
Information from: Columbia Missourian, http://www.columbiamissourian.com