New year, new cap for personal net worth in Maryland’s Minority Business Enterprise Program
HANOVER, MD—The Maryland Department of Transportation’s Office of Minority Business Enterprise today announced the Personal Net Worth cap applied to the Minority Business Enterprise Program will increase from $1,995,008 to $2,073,412, effective January 1, 2024. As required by Maryland law, the state’s Minority Business Enterprise Program adjusts its personal net worth cap annually based on the Consumer Price Index. The […]