Minority and Woman-Owned Businesses (Better Title)
The number of minority- and women-owned businesses continues to grow and there are many resources available to support their efforts. There are a variety of agencies and organizations focused on helping minority- and woman-owned businesses grow and prosper in Montgomery County.
Businesses in Montgomery County have access to technical assistance from many different sources – just find the best fit for your needs.
General Business Assistance
Online resources, business courses, mentoring, one-on-one business counseling, connections to financing.
- Maryland Department of Commerce
- Maryland Small Business Development Center
- SCORE (Service Corp of Retired Executives)
- U.S. Small Business Administration
Targeted Business Assistance
- Department of Veteran Affairs – Veteran Entrepreneur Portal
- Empowered Women International
- Governor’s Office of Minority Affairs
- Latino Economic Development Center
- Maryland Women’s Business Center
- MDOT – Minority Business Enterprise Program
- Nonprofit Montgomery
- SBA Office of Veterans Business Development
- SBA Office of Women's Business Ownership
- SBDC Hispanic Business Center
Classes and workshops on business topics help entrepreneurs and business owners take their companies to the next level.
Local colleges and universities
- Montgomery College business education – helping local businesses build a more efficient, effective and highly motivated team.
- Montgomery College Hillman Entrepreneurs Program – a scholarship and educational program designed to support, develop and graduate ethical leaders who want to energize and give back to their local communities. Open to all transferable majors starting at Montgomery College and finishing at the University of Maryland, College Park.
- Macklin Business Institute (MBI) – Originally a one-year sophomore-level honors business program, MBI has since grown to incorporate an additional two-year program for students applying to Montgomery College as freshman. MBI is an experiential learning program for business students to get hands-on experience in the business world and local community.
- The Universities at Shady Grove – offers a full range of business courses from leading Maryland universities.
Business workshops and training
Montgomery County has developed a variety of tools to help businesses that would like to pursue contracting opportunities.
There are many resouces avaiilable to small, minority, woman and disabled-owned businesses to research what the county buys, who currently holds contracts and when opportunities might come up for bid.
- Central Vendor Registration System (CVRS): Self-managed database of vendor information used by public entities to identify businesses that can respond to solicitations. Businesses can register in the Local Small Business Reserve Program and include business certifications.
- Contract Search: Access to information on contracts including incumbent vendors and contract expiration dates.
- Current Solicitations: Opportunities available for bid.
- dataMontgomery: Direct access to County datasets, including county contracts dataset, in consumable formats.
- Local Small Business Reserve Program (LSBRP): Sets aside 20% of eligible procurements for local small businesses.
- Minority, Female and Disabled-owned (MFD) Program: Expands opportunities for MFD firms on County contracts.