Quarterly Certified Minority & Women Owned Business Enterprises Utilized - New York

Quarterly Certified Minority & Women Owned Business Enterprises Utilized is a legal document that was released by the New York State Gaming Commission - a government authority operating within New York.

FAQ

Q: What does "Certified Minority & Women Owned Business Enterprises Utilized" mean?A: It refers to the quarterly utilization of businesses that are certified as both minority-owned and women-owned in New York.

Q: Why is the utilization of certified minority and women-owned businesses important?A: It promotes diversity and inclusion in the business sector, providing economic opportunities to historically underrepresented groups.

Q: What is the purpose of tracking the utilization of certified minority and women-owned businesses?A: Tracking helps monitor and evaluate the success of programs and initiatives aimed at supporting these businesses and ensuring equal access to opportunities.

Q: What are the benefits of utilizing certified minority and women-owned businesses?A: Utilizing these businesses can contribute to economic growth, job creation, and foster a more equitable and inclusive business environment.

Q: How are businesses certified as minority and women-owned?A: Certification processes vary, but generally involve verifying ownership, control, and management of the business by individuals who are minorities and/or women.

Q: What are some examples of initiatives or programs that support the utilization of certified minority and women-owned businesses?A: Examples include government procurement programs, supplier diversity initiatives, and certification agencies that help identify and promote these businesses.

Q: What types of businesses can be certified as minority and women-owned?A: Any type of business, including small businesses, can seek certification if they meet the criteria of being owned, controlled, and managed by minorities and/or women.

Q: Are there specific quotas or requirements for utilizing certified minority and women-owned businesses?A: Requirements may vary depending on the specific program or initiative, but typically there are goals or targets set to encourage increased utilization.

Q: How can individuals or organizations find certified minority and women-owned businesses to utilize?A: They can use directories, databases, or consult with local government agencies or business associations that maintain lists of certified businesses.

Q: What are some other related terms or acronyms associated with certified minority and women-owned businesses?A: Some related terms include MWBE (Minority and Women-Owned Business Enterprise), supplier diversity, and equal opportunity programs.