Results tagged “minorityownedbusinesses”

The state of Illinois has been the recipient of a whole bunch of that federal stimulus cash - to the tune of several hundred millions of dollars. But how much of that is reaching Disadvantaged Business Enterprises (DBEs), businesses owned by minorities and women? According to an excellent, in-depth report from WBEZ, not a whole heck of a lot. Check out the entire feature, part of their Hard Working series.

After reworking the deal to appease aldermen who were worried about a lack of minority- and women-owned contracts, Mayor Daley's plan for the $1.1 billion Olympic Village at the site of Michael Reese Hospital has been passed by a City Council committee and is expected to be passed by the entire Council later today. The change: "Instead of demanding that union apprentices fill 5 percent of the "worker hours in the building trades" generated by Olympic construction projects, Chicago 2016 will make its "best efforts" to achieve 10 percent." Several aldermen expressed concern after Chicago 2016 chairman Pat Ryan admitted earlier this week that minority-led companies have only accounted for six percent of contracts thus far.