Working with MWBE firms - Challenge or Opportunity
Why can't MWBE firms scale?
Understanding why MWBE Firms fail to scale
It is well understood that many Minority and Women-Owned Business Enterprises, MWBEs, struggle to transition from a small or micro business to thriving multi-million dollar operations. The question of how small businesses scale, has been perplexing for many years - and largely unresolved.
Understanding this inability, would help both the public and private sectors increase MWBE utilization rates in terms of volume and value of contracts.
The mwbecloud.com, part of the Better Local Business Agency LLC, is starting a conversation on this important topic and is conducting research into this. You are invited as a prominent lead in supplier diversity strategy development to participate in a short survey which explores the experience your company has had or is having working with minority firms.
The survey should take approximately 4 minutes to complete
Please contact me directly if you have any questions on this initiative.
Again thank you for your time and participation. I look forward to receiving your expressions.