Updates to Baltimore's minority small business program planned for the upcoming future
Baltimore residents contemplating opening their own small business may want to consider the Mayor’s Office of Minority and Women-Owned Business Development initiative. The program was designed to improve the success rate of minority- and women-owned companies, by increasing the number of contract opportunities available to such businesses.
Mayor Stephanie Rawlings-Blake recently announced the creation of a new advisory council for the development program, the Baltimore Business Journal reports. Group members will be asked to brainstorm recommendations to improve the existing local resources for small business owners.
"The minority business program as is needs a change in direction," said Sharon Pinder, director of the Mayor’s Office of Minority and Women-Owned Business Development, at a recent City Hall press conference, according to the news source.
New Baltimore residents, as well as those who have lived in the metro their entire lives, may find the measure a successful way to support a small business. Real estate in Baltimore is affordable, and with local initiatives such as the Minority and Women-Owned Business Development program, many people may find themselves calling this city home.