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Impact By-The-Numbers

These figures show how much State contracting reached small, disadvantaged, minority-owned, women-owned, and veteran-owned businesses, and how many businesses the Maryland Department of Social and Economic Mobility (DoSEM) reached.

Unless noted, figures come from the fiscal year 2025 annual report of the Office of Small, Minority, & Women Business Affairs (OSBA). Fiscal year 2025 ran from July 1, 2024 to June 30, 2025.

Fiscal year 2025 results

Payments to certified firms under the Minority Business Enterprise (MBE), Small Business Reserve (SBR), and Veteran-Owned Small Business Enterprise (VSBE) programs.

  • $2.2B

    Paid to certified MBEs by State agencies, a record for the program.

  • 17.04%

    Statewide MBE participation. The statewide goal is 29 percent.

  • $465M

    Paid to Certified Small Businesses (CSBs). 22 State units met or exceeded the 20 percent SBR target.

  • $73.6M

    Paid to certified VSBEs, up from $23.1 million in fiscal year 2024.

 

Certified businesses and outreach

Growth in certified firms and the businesses OSBA worked with in fiscal year 2025.

  • 5,500+

    Certified Small Businesses at the end of the year, up 12 percent from 4,900 at the start.

  • 645

    VSBE certifications processed by OSBA.

  • 22,954

    Businesses engaged and served by OSBA.

  • 76

    Training and business events OSBA hosted, 62 percent more than in fiscal year 2024.

 

State entities that report to OSBA

Each of these State entities reports its program results to OSBA every year. Counts are as of August 2026 and change from year to year.

  • 96

    Report on MBE participation, including 25 local school systems reporting through the Interagency Commission on School Construction (IAC).

  • 68

    Report on SBR participation.

  • 56

    Report on VSBE participation.

 

Social equity across State government

From DoSEM's first Social Equity Report, submitted to the Governor and the General Assembly on July 1, 2026.

  • 150+

    State programs inventoried that serve residents, State employees, communities, and businesses.

  • 25

    State agencies and entities that took part in the survey.

  • 24

    Maryland jurisdictions visited on Voices of Maryland, DoSEM's statewide listening tour.

 

See how certification helped Maryland businesses

Business owners describe what changed after they were certified and began competing for State contracts.

Read success stories