Chaka Fattah today released his testimony before the Minority Business Enterprise Council and said the city must increase its business with minority-owned and women-owned firms. He said:
In order for the City to grow its economy, it must build a stronger business base. The millions of dollars that the city spends on procurement each year is an important economic development tool that has not adequately benefited minority and women-owned businesses and our local economy.
This point is detailed in his testimony to the Council, as well as in his Opportunity Plan. Michael Nutter, and Dwight Evans also have discussed the need for the city to spend more with minority-owned businesses as well.
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