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Source : Wikimedia Commons
February 16, 2024
Author : Patty Allen
County and municipal administrations nationwide are taking proactive measures to ensure small businesses have proper access to government funding and construction projects. At Contractor News, we have been reporting extensively about the different disparity studies and how these studies address this important issue.
On February 1, 2024, Hudson County, New Jersey, took a significant step towards fostering a more inclusive and equitable business environment by launching its inaugural disparity study.
This initiative, announced by County Executive Craig Guy, signals a dedicated effort to evaluate and enhance how Hudson County and its associated agencies engage with small and diverse businesses. The move is rooted in Guy’s commitment to diversity, equity, and inclusion, principles he emphasized as foundational for his administration’s success.
The county has partnered with Keen Independent Research, a firm with a national reputation for conducting thorough disparity studies. This study will scrutinize the participation of minority, women, and veteran-owned businesses in county contracts and explore the broader local market conditions affecting these enterprises. The aim is to identify any barriers these businesses face and propose solutions.
“For the first time, in one comprehensive study, Hudson County will finally have a data-driven basis for more effective engagement with our diverse business community,” explained Markis Abraham, Director of the County Office of Business Opportunity.
This comprehensive survey will extend beyond mere numbers, involving in-depth discussions with local businesses and associations to gather insights on creating a level playing field. Key county subsidiaries, including the Hudson County Improvement Authority and educational institutions like Hudson County Schools of Technology and Hudson County Community College, will also come under review.
By undertaking this study, Hudson County aspires not only to understand the current landscape of business opportunities for diverse groups but also to significantly enhance their participation in county projects. This effort underscores the county’s commitment to leveraging diversity as a driver of economic growth and community development, reflecting a broader vision for a more inclusive future in Hudson County’s economic fabric.
Category : Disparity Studies Local Government