Title: Arizona’s Minority-Owned Businesses Navigate Shifting DEI Landscape
As federal diversity, equity, and inclusion (DEI) policies face backlash, minority-owned businesses in Arizona confront an evolving economic landscape marked by the reduction of vital support programs. Notable rollbacks include the defunding of the Minority Business Development Agency (MBDA) and changes in affirmative action in government contracting. Despite these challenges, Arizona’s diverse business community is forging ahead by cultivating new alliances and enhancing state-level support.
Carmen Attikossie, senior manager at Local First Arizona, leads the We Rise business accelerator, a program developed to support Black entrepreneurs through education, mentorship, and seed funding. Launched during the COVID-19 pandemic, We Rise has reached over 100 graduate businesses across the state. Attikossie emphasized the necessity of maintaining connections and resources even as federal programs diminish.
Lea Márquez Peterson, a former small business owner and Arizona Corporation Commission member, notes that while federal rollbacks impact funding, private entities are stepping up to fill the gaps. She believes Arizona’s rapid economic growth presents unique opportunities for diverse businesses, urging entrepreneurs to proactively engage in networking and local procurement.
Despite federal challenges, local organizations and leaders remain committed to fostering minority entrepreneurship, ensuring continued support and adaptability in a changing environment.
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