TRENTON, NJ — On Tuesday, Mercer County Government Brian Hughes commemorated August 2020 as the 14th annual Nationwide Black Enterprise Month (NBBM). The observance highlights the significance of African-American companies to the group in addition to our nationwide financial system. It additionally generates consciousness for the coverage points affecting African-American entrepreneurship.
“Throughout Mercer County we all know that our Black-owned companies contribute to the vibrancy of our communities,” stated Hughes. “Nationwide Black Enterprise Month is a perfect time to indicate your assist and encouragement by patronizing our county’s array of minority-owned companies.”
To assist companies owned by individuals of African descent, Hughes labored with the Mercer County Freeholder Board to formally set up objectives in assist of minority-owned small companies by a July 2019 ordinance that established a Mercer County Set Apart Program.
The program reserves 10 p.c of the greenback worth of all of the County’s items, skilled companies and building contracts annually and encourages small enterprise participation. This system allocates 30 p.c for certified minority companies; 30 p.c for certified women-owned companies; 30 p.c for certified veteran-owned companies; and 10 p.c for small companies.
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