Annual Report
The Fiscal Year 2025 Annual Report is now available!
Certification Highlights:
- Launched LGBTQ Business Enterprise (LGBTQBE) State Certification.
- 4,726 businesses were certified with OMWBE at the end of FY 2025.
- 3,953 businesses held OMWBE State Certification, and 2,197 businesses held OMWBE Federal Certification. Businesses may hold multiple certifications.
- 244 businesses held a total of 350 loans enrolled in the Linked Deposit Program at the end of FY 2025 worth a combined total value of $125,082,045.
- Responded to 5,337 certification related questions from small and diverse businesses.
Supplier Diversity Highlights:
- Agencies and institutions of higher education spent a combined $371,937,325 with OMWBE Certified Businesses, representing 4.15% of total eligible state spending.
- Statewide spending rose 0.39% between FY 2024-2025. State agencies achieved 6.01%, and institutions of higher education 1.13%.
- Increased compliance with Access Equity, across state agencies and educational institutions.
Read our FY 2025 Annual Report
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