In the US, this seems to be important. There are many internet sites that aid minorities, both financially and via promotion, in starting a business.

The last company I worked for, if we needed to hire a consulting company, we were required to obtain at least three bids, and at least one being minority-owned. We had no issue with this, as we were allowed to select the company that could best meet our needs, which were outlined on the front-end. It took a bit longer in the search to find a minority-owned business in our field, yet it was accomplished.

The need to support minority-owned businesses in the US is understandable. Does it need to be supported by govt. funding, and should it be necessary for businesses ensure that they are obtaining a bid from one of these companies (perhaps for a govt. kickback; I don’t know.)

If you do not live in the US, how would your country react to such a movement?

Topics: business, government, United States, equality, minorities