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Tracking Minority Contracting

All told, the agencies allocated nearly $700 million in providing new contracts to minority and women firms in 2011 out of a total of about $3.8 billion spent with all contractors. The FDIC by far invested the most at $416.5 million, representing 29.8% of the $1.4 billion total contracts awarded. The U.S. Department of the Treasury spent $50 million with minority-owned businesses, 20% of total contracts with more than half awarded to black-owned firms and $26 million with women-owned firms, in fiscal year 2011. The Office of the Comptroller of the Currency dispensed more than a combined $66 million to both groups, or 38.4% of OCC’s total spend.

SXSW 2012: The Power of ‘Black Twitter’

SXSW 2012: The Power of ‘Black Twitter’

In her SXSW panel discussion, "The Bombastic Brilliance of Black Twitter," Kimberly C. Ellis set out to prove a point: “Black Twitter,” or black users on the platform, don’t solely use the social media site for entertainment.

3 Challenges Facing Equity Crowdfunding Sites

The SEC released its proposed rules for Title III of the JOBS Act this past October that will eventually allow average investors to participate in equity crowdfunding for the first...

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