Deputy Mayor for Strategic Policy Initiatives and Citywide M/WBE Director Richard Buery announced that the City has reached 5,000 City-certified Minority and Women-owned Business Enterprises (M/WBEs), meaning the Administration is ahead of schedule of reaching 9,000 City-certified M/WBEs by 2019. The 5,000th City-certified M/WBE is a Bronx-based transportation firm.
New report highlights Mayor Bill de Blasio's record championing the needs of small businesses. Through the leadership of SBS and its partners, the City has reduced fines by 40%, cut red tape, provided new legal assistance, and helped level the playing field for minority, women and foreign-born business owners.
The compliance consultations, which first launched one year ago, have served nearly 1,000 small businesses across New York City. To expand the initiative's reach, SBS is offering new resources on the most common violations that occur by business type.
SBS offers a variety of programs and initiatives aimed to help small businesses start, operate, and grow in New York City. Through targeted services, SBS is successfully serving thousands of businesses and helping to build a more inclusive local economy. SBS works to ensure that the city is conducive to operating a small business and that government remains a constructive partner.