The state of Pennsylvania said that in January 2003 less than 2 percent of Pennsylvania procurement dollars went to women or minority-run firms. Today that number is nearly 10 percent, the state said.
Fortunately, that's not good enough for Pennsylvania.
The midstate will pilot a new state loan program to assist minority and women-owned businesses.
Gov. Ed Rendell today announced creation of a $2 million Pennsylvania Business Opportunity Fund to provide loans and technical assistance to these businesses in 13 counties.
The program is being piloted in Adams, Berks, Chester, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Lehigh, Montgomery, Northampton, Perry and York counties. The state hopes to expand the program throughout Pennsylvania.
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