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In 1983, recognizing the importance of Minority and Women's Business Enterprises (MBE/WBE) participation in state purchases, Public Law 34 (I.C. 4-13-16.5) created the Governor's Commission on Minority Business Development, which is now the Governor's Commission on Minority and Women's Business Enterprises. The Commission's mandate is to explore opportunities and implement activities that will enable MBE/WBE to fully participate in the Procurement system. Member appointments are four year terms. The Commission meets at least four times a year and are open to the public.

Commission members actively work to cultivate an environment that provides contracting opportunities for minorities and women across the state of Indiana. Their responsibilities include but are not limited to the following: