Seattle’s commitment to bolstering women- and minority-owned businesses are taking center stage at the upcoming Reverse Vendor Trade Show, an event that promises opportunities for entrepreneurs and SMBs to get in on city contracts, the Seattle Department of Transportation (SDOT) is leading the charge, having already reported notable progress in WMBE utilization this year, according to a recent
SDOT blog
post.
WMBE firms have seen a concerted effort from the city to help close the racial wealth gap and the latest figures seem to suggest it’s working. SDOT has nearly hit its 2024 target for purchasing at 18%, and has surpassed its consulting goal with a 28% utilization rate, the
SDOT blog
post notes, it also highlights that over $100 million has flowed into these businesses over the past five years, marking a significant investment into the sector.
Business owners and vendors aiming to connect with public agencies and potentially tap into a well of resources can do so at the Reverse Vendor Trade Show on November 13, this informational event serves as a platform to network, seek advice, and possibly secure new partnerships, the post says, event attendees are encouraged to RSVP and join the gathering at the Seattle Center Exhibition Hall, between 11 AM to 3 PM.
For more details on the event and to RSVP, interested parties can visit the SDOT blog at
this link
.
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