Decreased Preference Points for Women and Minority-Owned Businesses in San Antonio Contracts
December 7, 2024 - 10:36
Starting next year, small businesses owned by women and people of color in San Antonio will see a reduction in the preference points they receive when bidding on certain city contracts. This change marks a significant shift in the city's approach to supporting minority-owned enterprises. Previously, these businesses were granted extra points in the bidding process, which aimed to promote diversity and inclusion within city contracts.
The decision has sparked discussions among local business owners and advocates who argue that this move could hinder the growth and sustainability of women and minority-owned businesses in the region. Proponents of the change believe it will create a more level playing field for all businesses, regardless of ownership demographics. However, critics warn that it may diminish opportunities for those already facing systemic barriers in the marketplace. As the city prepares for this transition, the impact on local economies and the diversity of its business landscape remains to be seen.
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