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 […]

Governor Moore delivers keynote address at Maryland Minority Business Counts event, tours Coppin State University’s new College of Business

ANNAPOLIS, MD—Governor Wes Moore this week delivered the keynote address at the Maryland Minority Business Counts “Engage and Elevate” event at Coppin State University. The governor was joined by Comptroller Brooke Lierman; Maryland Department of Commerce Secretary Kevin Anderson; and Maryland Department of General Services Secretary Atif Chaudhry. Also in attendance was Governor’s Office of Small, Minority, and Women Business […]

Governor Moore signs executive order to strengthen government accountability for Maryland’s Minority Business Enterprise program

ANNAPOLIS, MD—Governor Wes Moore on Friday signed an executive order to underscore his administration’s commitment to strengthening participation, compliance, and accountability for Maryland’s Minority Business Enterprise program. The executive order—the first minority business enterprise-related order issued by any Maryland governor—will provide the Moore-Miller administration with data to assess Maryland’s current Minority Business Enterprise program performance and inform program development strategy. […]