* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)
Introduced by: Councilmember Holton
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
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Informational Hearing - Local, Small, and Disadvantaged Business Purchasing Preferences for Baltimore
FOR the purpose of inviting representatives from City agencies concerned with purchasing and economic development to appear before the Council to discuss how the City can best leverage its purchasing expenditures to encourage the growth of local, small, and disadvantaged businesses.
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Recitals
In Baltimore, as is true throughout America, small businesses are often the critical drivers of job creation and economic expansion. Even the largest Fortune 500 company had to first start out as an entrepreneur’s dream that someone was willing to risk turning into a small business. The pursuit of these dreams in small businesses has resulted in the creation of the majority of all new jobs over the past 15 years.
On the federal level, Congress and President Obama are currently working on ways to jump start the national economy by assisting small businesses throughout the country. This same focus on small businesses has proven to be effective in encouraging growth on a local level in many regions.
One of the best ways that governments at all levels have found to help local enterprises move up the ladder from dream, to small business, to major economic engine, is simply to buy the products produced by local sma...
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