Opportunity M/W/DBE is committed to increasing diversity on NYCEDC projects by helping Minority, Women-Owned, and Disadvantaged Business Enterprises (M/W/DBEs) overcome challenges that may make it difficult to win contracts on public projects.
Grow M/W/DBE Business Capacity
To foster a more competitive vendor market, NYCEDC works to eliminate two challenges often faced by M/W/DBE firms: Limited access to networks and information, and a lack of access to capital at affordable rates.
ConstructNYC connects small-to-mid-sized minority, women and veteran-owned as well as disadvantaged business enterprises with exclusive opportunities to work on NYCEDC Projects through contracts up to $1 million.
Manage Forward gives small business owners the tools, training, and networks to turn growth plans into action.
NYCEDC helps M/W/DBEs that work as either Prime or Subcontractors on our projects to obtain loan capital that can strengthen their financial position, enabling them to cover upfront project costs or enhance cash flow streams during the life of the project.
Capacity Building Program Alumni
We have compiled a list of all of the businesses that have successfully graduated from NYCEDC's capacity building programs. Review the list here to engage our graduates in your upcoming project.
Increase Project Opportunities
NYCEDC manages a broad range of projects, and procure the consultants and contractors for these projects through public bidding and proposal processes. The winners of the bidding process are charged with bringing the necessary businesses on board to complete the project.
M/W/DBE Goals for NYCEDC Projects
We set M/W/DBE goals on projects with ample opportunity for subcontracting. Whether you are bidding on a project, responding to an RFP, or looking to buy City-owned land, there are different requirements for M/WBE planning and engagement.
Network to Get Work Resources
Decisions about which M/W/DBE firms to hire to satisfy the goals set by NYCEDC on a particular project are made by the prime contractor or construction manager. As an M/W/DBE subcontractor, it is important to conduct outreach to bidders and recently awarded contractors to let them know of your interest in the project. View all the opportunities to connect with prime contractors and construction managers on our projects.
Get M/W/DBE certified by the following:
- NYC Small Business Services
- New York State Contract System
NYCEDC recognizes various certifications, depending on project funding. Learn about the certifications recognized by NYCEDC below:
NYCEDC invests time and resources into promising M/W/DBE ventures looking to reach the next level of growth. Through B2S, selected M/W/DBE construction firms were given significant technical assistance that was highly customized to their business needs.
M/W/DBE-certified construction contractors learned how to better manage their business finances with intensive, individual counseling workshop series sponsored by NYCEDC, BOC Capital, and Columbia University.