November 12, 2024 – Earlier today, Governor Kathy Hochul announced that New York State has surpassed its 30 percent Minority- and Women-owned Businesses utilization goal for the fourth year in row – every year since the Hochul Administration took office. This year’s 32.21 percent utilization rate represents nearly $3 billion in public contracts awarded to certified MWBEs in FY 2023-24, and nearly $12 billion since Governor Hochul took office. The Governor made the announcement and unveiled a new MWBE certified decal at the 14th Annual New York State MWBE Conference Forum in Albany.
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