New York City is home to some 305,000 women-owned firms and 403,000 minority-owned firms – by far the largest and most diverse clustering of such businesses in the United States. Yet despite the importance of minority and women-owned business enterprises (M/WBEs) to New York City's economy and targeted government efforts to support their growth, these businesses continue to receive a disappointingly small share of City government procurement contracts.
Each year, New York City spends billions of taxpayer dollars to purchase goods and services – everything from office supplies and heavy machinery to professional services and food for the City's 1.1 million school children. However, in Fiscal Year 2014, only 3.9 percent of the City's $17.8 billion procurement budget went to M/WBEs, a slight increase from the 2.7 percent share in Fiscal Year 2013 but a decline from the already small 5 percent share achieved in Fiscal Year 2012.
This is bad news for both taxpayers and our economy. A robust M/WBE program not only makes government more efficient for taxpayers by increasing competition in procurement, but also helps to foster an inclusive, competitive economy of shared prosperity throughout the five boroughs. Minority and women-owned business enterprises are crucial job engines in communities of color, and are also an increasingly important component of the city's overall economic future.
NACC with its partners understands that for minority and women-owned businesses to grow, they need opportunities with city, state and federal agencies as well as corporate America; hence our annual procurement conference and expo.
Come gain new insights and make valuable connections!
The Conference attracts hundreds of businesses who connect with federal, state and local agencies as well as prime contractors and each other to foster business success.
• Welcome VIP Breakfast
• Breakout Sessions/ Seminars
• VIP Track (Fashion Focus)
• Great Networking!
Features panels with key purchasing officers from federal agencies and state and procurement departments of Corporate America.
OVER 40 EXHIBITORS
The Expo is a great way to connect one-on-one with hundreds of government and business representatives.
FREE: Exhibiting Hall Only
•VIP Package: $75
(Includes Breakfast, Lunch, VIP Gift Bag, Panel discussions/seminars with leaders in Fashion, Beauty and Tech, Make-up, touch-ups and Pampering, Small Bites, Coffee, Tea & Water, Image Consultation)
•Breakfast, Lunch & Breakout Sessions: $30 (members) | $40 (non-members)