Queer Up Business

N.Y.C. now largest U.S. city to grant LGBTQ businesses access to minority contracts

New York City now recognizes LGBTQ-owned companies as minority-owned businesses, making them eligible for billions in city contracts, as well as access to consulting, mentorship, educational programs and other resources. The new designation, announced Tuesday by New York City’s Department of Small Business Services in partnership with the National LGBT Chamber of Commerce, will fast-track LGBTQ-owned businesses into city certification programs, including the Minority and Women-owned Business Enterprise, or MWBE, Program. Justin Nelson, the chambers President said in a statement “New York City has a legacy of leadership in promoting inclusivity at every level of public life. LGBT entrepreneurs in New York City will now have the opportunity to create jobs and develop innovations that benefit all who live there.” New York is now the largest city to incorporate LGBTQ businesses in minority contracting and procurement opportunities, but it follows similar efforts by numerous other cities — including Chicago; Baltimore; Los Angeles; Nashville, Tennessee; and Philadelphia — and several states, including California, Massachusetts and Pennsylvania.

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