County small business enterprise utilization soars
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The article reports a significant rise in government contracts awarded to small businesses in Pinellas County, exceeding $55 million in the fiscal year 2024. This surge is particularly timely as the county is navigating the complex recovery process following two recent hurricanes. During a workshop on October 24, Pinellas County Commissioners discussed the successful outcomes of the Small Business Enterprise (SBE) Program, which aims to foster economic growth and resilience among local businesses. Notably, there is a focus on supporting women-owned businesses within this initiative, reflecting broader goals of inclusion and equity. With the potential for these contract figures to increase as recovery efforts ramp up, the article emphasizes the critical importance of small enterprises in the local economy.
This development signifies a robust response to the challenges posed by natural disasters, aiming to boost community recovery and sustainability. The initiative not only aids in immediate economic relief but also strengthens the foundation for long-term growth within the region. Overall, the article paints an optimistic picture of local business vitality amid adversity.