Minority-Owned Businesses

News & Analysis as of

House members propose bill to nullify CFPB indirect auto finance guidance

A bipartisan group of fourteen House members have introduced a bill (H.R. 5403) that would nullify the CFPB’s indirect auto finance guidance issued in March 2013 and require the CFPB to provide for a notice and comment period...more

A Boost for Entrepreneurs: Minority-, Women- and Veteran-owned Businesses

Recognizing that our country -- our “team,” if you will -- is stronger when all our players are on the field and playing to their full potential, our federal and some state governments have developed programs to help...more

What is a joint venture and how is it counted towards minority business enterprise (“MBE”) participation goals in Baltimore City?

Under the Baltimore City Code, a joint venture is an association between at least two business enterprises that provides for the sharing of economic interest. Generally, the joint venture is entered into for mutual benefit...more

Microsoft Makes Minority-Owned Firm Its Premier Provider [Video]

June 25 (Bloomberg) -- Emery Harlan, chairman of Gonzalez Saggio & Harlan LLP, talks with Bloomberg Law's Spencer Mazyck about his firm being named a Premier Provider for Legal and Corporate Affairs by Microsoft Corp. The...more

What rights of appeal does a minority-owned business have in the event it is decertified as a minority business enterprise (“MBE”)...

To be certified as an MBE in Baltimore City, the business must be independent; at least 51% minority owned; been minority-owned for at least 12 months and been in operation for at least 12 months. The minority owner must...more

CFPB Updates Status Of Standard For Assessing Diversity At Supervised Institutions

On March 29, the CFPB’s Office of Minority and Women Inclusion (OWMI) published its annual report about the CFPB’s diversity and inclusion efforts from January 1, 2012 until December 31, 2012. The Dodd-Frank Act created the...more

Minority Business Enterprise Program Adds New Wrinkles

Last fall, Maryland’s renewed Minority Business Enterprise Program was re-enacted with important additions. The updated statute incorporates recommendations and comments that the State received from the Governor’s Office of...more

Disadvantaged and Minority Business Certification in South Carolina

In South Carolina there are several programs designed to benefit those businesses owned and controlled by “disadvantaged” individuals. The key to obtaining certification or designation under all these programs is a...more

Federal Court Declares 8(a) Program Unconstitutional as Applied to Military Simulation and Training Contracts

A federal court has ruled that the section 8(a) of the Small Business Act (SBA) – the statutory basis for the so-called “8(a) program” administered by the U.S. Small Business Administration (“SBA”) – is generally...more

Construction OberView: Court of Special Appeals Strikes Down Maryland Regulation Prohibiting Bidders From Challenging Whether an...

The Court of Special Appeals of Maryland recently decided in Salisbury University v. Joseph M. Zimmer, Inc. that COMAR 21.11.03.14 is invalid. This procurement regulation prohibits a bidder from filing a protest to challenge...more

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