Delaware Joins Equity in Infrastructure Project

Statement

Date: March 3, 2023
Issues: Infrastructure

The Equity in Infrastructure Project was created to improve public contracting practices by creating more opportunities for Historically Underutilized Businesses (HUBs) to build generational wealth and reduce the racial wealth gap by creating more prime, joint venture and equity contracting opportunities for these firms.

Pledge signers will work to increase the number, size and percentage of HUBs growing to prime contractors, participating in joint ventures or as equity participants by December 2025. A total of 13 states have now signed the EIP pledge.

Historically Underutilized Businesses (HUBs) includes firms designated as Disadvantaged Business Enterprises (DBE), Minority and Women-Owned Business Enterprises, and Small Business Enterprises.

"As we continue the work to ensure that state government is inclusive, diverse, and representative of all Delawareans, we are also committed to doing the same with our business community who provide services for all our state agencies," said Governor Carney.


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