MWBE Program

Governor Cuomo recently signed legislation that reauthorized the NYS Minority & Women-Owned Business Enterprise (MWBE) program through 2024, as well as extended the term of MWBE certification from 3 years to 5 years. The legislation also increased the personal net worth cap to $15 million to enable more businesses eligible to be certified, and allows for up to $750,000 in retirement savings to be deducted from personal net worth calculations. Further, agency and authority discretionary purchasing threshold without a formal competitive process was increased to $500,000 for commodities and services relating to technology and to $200,000 for food and milk products.

For further information on the program updates and questions on becoming a NYS-certified MWBE firm, contact Empire State Development’s (ESD) Division of Minority & Women’s Business Development at (855) 373-4692 or


Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   


Office:  (212) 618-6655


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A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge


Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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