MWBEs

In this year alone, the city awarded more than $3.7 billion to minority and women-owned business enterprises.

Rice Financial Products Co. has expanded its presence in the municipal bond marketplace with four new hires in New York City.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

Stringer called for a chief diversity officer in every city agency, stronger building code enforcement, and procurement time frames.

In 2016, the NYC Comptroller’s Office awarded more than 30% of underwriter contracts to MWBEs.

Mayor Bill de Blasio raised both the goal for contract awards to minority and women owned businesses and the amount the firms can borrow.

Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.

Eloner Habtezghi was named managing director in its corporate finance and capital markets division focusing on energy, power and natural resources.

Three banks are providing a revolving loan fund of $40 million to two New York City programs that help minority and women-owned business enterprises.

Known as “MWBE University,” Comptroller Scott Stringer's series of workshops is designed for such businesses to obtain certification and navigate the procurement process.

Gov. Andrew Cuomo signed a bill expanding the contract process to put the city closer to par with New York State.