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Tuesday, March 6, 2012 - 2:24pm

Lawmakers Host Minority Business Summit

Each year millions of tax dollars are used to pay out contracts for a variety of services across the state ranging from construction projects to financial analysis.

Some lawmakers including Representative Pedro Marin, a Democrat from Duluth says there has been significant growth among minority owned businesses, but state issued contracts for minority run companies have been disproportionate to that growth.

"The largest growth in minority owned business have been in within the Latino and African-American community, so it's very important we all have a seat at the table," said Marin.

Rep. Marin along with Rep. Virgil Fludd (D-Tyrone) say they are working to form a multicultural business development council that will serve as an umbrella organization for statewide policy concerning minority business organizations.