6/6/2013

Only 15 Maryland companies have "graduated" from the state's minority-contracting program, according to this article. The low rate is because of the program's inability to help businesses grow, its overly broad definition of "disadvantaged" and business owners' unwillingness to enter the competitive marketplace, some observers say. "The economic definition of net worth is way too high, and there are also a number of ways to get around it," according to a professor at the University of Maryland Baltimore County.

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