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Today's Report: Growing Gotham

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The survey by the office of Manhattan Borough President Scott Stringer finds that despite growth minority and women owned businesses face major hurdles. Of the 500 businesses surveyed, only 25.5% of respondents indicated they had won a single city contract, and nearly 55% of respondents reported that City government had not provided adequate support and resources to help them apply for contracts. Close to one-third of respondents said that they did not attend any workshops offered by the Department of Small Business Services (SBS), in part because the events took place at inconvenient times and locations.Nearly 45% of companies that did not bid on any contracts reported that the process is too time-consuming and hard to understand. (read the full report)

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