Annual Report
The Fiscal Year 2024 Annual Report is now available!
Certification Highlights:
- Waived certification fees eliminating costs to small and diverse businesses.
- Launched Public Works Small Business Enterprise (PWSBE) State Certification.
- 3,986 businesses were certified with OMWBE at the end of FY 2024.
- 3,390 businesses held OMWBE State Certification, and 1,598 businesses held OMWBE Federal Certification. Businesses can be dual-certified.
- 225 businesses held 307 loans in the Linked Deposit Program at the end of FY 2024 worth a combined total value of $113,221,867.
- Certification analysts supported small and diverse businesses by responding to 5,158 certification related questions.
Supplier Diversity Highlights:
- Established Business Diversity Spending Goals for state agencies, for the first time in over 25 years.
- Washington State spent $308,203,351 with OMWBE Certified Businesses, representing 3.76% of eligible state spending, up 0.55% from FY 2023.
- State Agencies achieved 5.20% certified business utilization.
- Institutions of higher education achieved 1.20% utilization.
Read our FY 2024 Annual Report
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