Page 17 - Greater Baltimore Committee - 2017

Bridging the Gap is an initiative of the Greater Baltimore Committee designed to advance the
business culture of the Greater Baltimore region by fostering an atmosphere in which majority, minority and women-owned businesses can form mutually beneficial strategic partnerships.
The initiative strives to provide businesses with the necessary tools and support to develop such collaborations and for minority and women entrepreneurs to leverage opportunity, vision and free enterprise to build successful businesses.
THE GOALS OF THE INITIATIVE
Nurture the creation of legacy wealth among minority and women-owned businesses (MWBEs) by broadening business prospects that are available to them.
Communicate the business case for minority inclusion and development to the region’s larger business community.
Provide training opportunities that enhance capabilities within the minority and women-owned business community to enable successful participation in partnership opportunities.
Bridging the Gap is among the GBC’s top priorities. The Bridging the Gap initiative relates directly to the GBC’s mission of improving the business climate of the Greater Baltimore region by organizing its corporate and civic leadership to develop solutions to the problems that affect the region’s competitiveness and viability.
The region’s competitiveness would receive a significant boost if full participation of MWBEs in the regional economy were achieved. A study conducted by the Sage Policy Group found that
fully engaging MWBEs in the region’s economy would generate as much as $5 billion of additional sales revenue and 32,000 new jobs.
What is Maryland’s entrepreneurial scene like today? What follows
is a look at the innovative
minority and women-owned businesses in Maryland.
STRENGTHENING MINORITY AND WOMEN-OWNED BUSINESS
Substance, not fluff.
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@BALTBIZONLINE
Baltimore Business Journal Special for GBC members:
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Lisa Carmichael / lcarmichael@bizjournals.com 410-454-0508
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