Classes Aimed at Helping Minority Businesses Get Bonded

Minority BusinessesGet bonded? No, this isn’t a 007 thing, it’s a critical factor in small businesses getting government contracts. New Jersey is steaming ahead with classes to help minority businesses get ready:

“A program to boost minority bids on government contracts, which launched under a law signed by former Gov. Chris Christie in 2017, will begin classes this fall. A partnership between the state Economic Development Authority and the African American Chamber of Commerce of New Jersey will oversee the Small Bonding Readiness Assistance Program, which will teach small businesses how to qualify for government bonds. The program was a significant achievement for AACCNJ President John Harmon, and the commitment to continue the program through funding in the next fiscal year’s state budget by Gov. Phil Murphy sends a strong signal, Harmon said.”

Read: Classes aimed at helping minority businesses get bonded will begin this fall at ROI-NJ

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