DEPARTMENT: Economic Development
DEPARTMENT HEAD: Alejandra Lopez
COUNCIL DISTRICTS IMPACTED: City-wide
SUBJECT:
Briefing on the FY 2020 Small Business Economic Development Advocacy (SBEDA) Annual Report.
SUMMARY:
Briefing on the FY 2020 Small Business Economic Development Advocacy (SBEDA) Annual Report that highlights the City's distribution of dollars to small, minority, women-owned businesses on City contracts in which the SBEDA Program was applied.
BACKGROUND INFORMATION:
The Small Business Economic Development Advocacy (SBEDA) Program is a robust and comprehensive policy designed to cure historically documented disparities in local small, minority and women-owned businesses (S/M/WBEs) participation on City contracts. Established in 1992, the SBEDA program has undergone numerous amendments over the past 30 year with the most significant improvements following the completion of 2010 and 2015 disparity studies.
The most significant improvements over the last 10 years include the establishment of a Goal Setting Committee, compliance module, Central Vendor Registry, Mentor Prot?g? Program, as well as new and expanded race conscious tools that specifically encourage and promote S/M/WBE utilization at the prime contractor and subcontractor levels.
These improvements and documented increases in S/M/WBE utilization on City contracts led to the City of San Antonio receiving an Excellence in Economic Development Gold Award from the International Economic Development Council in the Economic Equity and Inclusion, Population Greater than 500,000 category.
ISSUE:
The FY 2020 SBEDA Annual Report highlights the distribution of dollars paid to S/M/WBEs on City contracts in which the SBEDA program applied. It also highlights specific small, minority and women-owned businesses that benefit from the SBEDA program and showcases their success stories.
Notable results documented in the FY 2020 SBEDA Annual Report include:
* 54% of City contract dollars ...
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