At the beginning of my administration began the mission-critical work of increasing opportunities to do business with the City for Minority and Women-owned Business Enterprises (M/WBEs). Increasing awards of contracts to qualified M/WBE firms creates a prosperous city and an effective government responsive to the needs of our dynamic communities. Our M/WBEs are vibrant and talented businesses that make tremendous contributions to New York City's economy. When we open the door for minority and women-owned firms to compete, we're creating pathways to economic security and opportunity and investing in local jobs that flow back into our communities.
In 2015, I announced that our OneNYC vision goes beyond the requirements of Local Law 1, uniting Mayoral and non-Mayoral agencies in our commitment to level the playing field for all of our city's businesses. Under OneNYC, we've set aggressive goals, including a commitment to award more than $16 billion to M/WBEs over the next decade. We have created new accountability structures, have committed to improving internal processes, and are fighting for policy changes at the State level to give us critically important tools to do business with diverse firms. To date, we are ahead of our OneNYC commitment timeline, having awarded $3.45 billion to M/WBEs thus far.
This initial progress has inspired us to set more aggressive goals since the implementation of OneNYC. This includes awarding 30% of the value of City contracts to M/WBEs by 2021 and increasing City-certified M/WBEs from over 4,800 to 9,000 by 2019.
While we are proud of the strides we have made in certifying a record number of M/WBEs and connecting them to valuable resources, we know that we must do more to create a city that is truly fair and equitable. We are committed to supporting diverse businesses, contributing to their strength, and eliminating barriers that prevent qualified firms from competing fairly for a larger share of the City's business. I am confident that together, we can continue to advance our collective mission, and I look forward to the work ahead.
Bill de Blasio