The Business Council Applauds Governor Hochul for Signing MWBE Bill Package
Signed Bills Were Part of The Business Council’s MWBE Legislative Package Priority
ALBANY – The Business Council of New York State, on Thursday, applauded Governor Hochul for signing legislation that strengthens New York’s Minority and Women Business Enterprises (MWBE) programs.
Two of the three bills signed were part of The Business Council’s February legislative proposals that positively impacted New York’s MWBEs. The two bills address fraud with the MWBE program and allow businesses to use funds received from the minority- and women-owned business development and lending program to refinance existing debt.
“Our MWBE legislative package was meant to assist struggling businesses post-pandemic as a disproportionate number of shuttered businesses due to COVID were MWBE businesses,” said Heather Briccetti Mulligan, President & CEO of The Business Council. “We thank Governor Hochul for signing these bills into law and providing additional relief for the businesses still struggling today.”
In addition to the legislative support announced in February, The Business Council also established a new Minority & Women’s Business Award. The award honors minority, women, and LGBTQ businesses by recognizing their history. Backyard Barbeque, located in Freeport Long Island, was named the winner of the inaugural award. Backyard Barbeque was nominated by Assemblymember Taylor Darling (18th District).