USBC President & Bibi Hidalgo Author “Companies aren’t disclosing contracting data. It’s hurting minority-owned businesses” published by The Brookings Institution

This insightful article, authored by Ron Busby Sr., President & CEO of U.S. Black Chambers, Inc., and Bibi Hidalgo, Nonresident Senior Fellow at Brookings Metro, delves into the detrimental impact of companies’ failure to disclose contracting spend data on minority-owned businesses.

Emphasizing the significance of data transparency, it highlights its role in fostering equitable opportunities and addressing systemic biases. Lacking access to such data, minority-owned enterprises struggle to compete for contracts and access resources. The article underscores the importance of policy measures and corporate accountability in mitigating these disparities and promoting diversity and inclusion in the contracting process.

Offering valuable perspectives, it warrants consideration in our ongoing efforts to defend, amend, protect, and promote diversity, equity, and inclusion. We encourage you to read the full article for a deeper understanding of the challenges faced by minority-owned businesses and potential solutions to help bridge the equity gap.