Mayor Bill de Blasio released the first-ever report Monday on businesses owned by minorities or women and the city broke records in its goal to diversify the entrepreneurial pool.
New York certified more than 4,100 Minority and Women-Owned Business Enterprises, or M/WBE, in the last fiscal year, and gave out more than $1.6 billion in contracts. De Blasio said boosting these mom-and-pops is an essential element to fighting income inequality in the city.
