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Updated on February 2 with information from the New York City Department of Small Businesses regarding the portion of the city s procurement budget spent on women- and minority-owned businesses in 2020.
It s been a good week for equality. Just hours after taking the oath of office Wednesday, President Biden issued an executive order bolstering Title VII of the Civil Rights Act of 1964 to require that the federal government does not discriminate on the basis of sexual orientation or gender identity.
And, at the local level, New York City s Department of Small Business Services announced Tuesday that it would recognize LGBTQ business owners as minorities, a decision that will grant them a competitive advantage when bidding for contracts with the city, which will spend more than $20 billion on contractors this year.