Economic Inclusion

Current EBDI Contracting and Local Hiring Headlines

Between January 1, 2006 and March 2021, EBDI's inclusion policies have yielded the following contracting and hiring results:

  • Minority Business Contracting (MBE) - Fully 32.7% ($151.22M) of the $463M in construction contracts were awarded to MBE firms, exceeding EBDI’s goal of 27%. A total of $96.9M (21%) went to Baltimore City based MBE firms.
  • Women Business Contracting (WBE) - Fully $29.6M (6.4%) of $463M in construction contracts were awarded to WBE firms towards the goal of 8%. A total of $18.2M (3.9%) went to Baltimore City based WBE firms.
  • Local Business Contracting (LBE) - 33.8% ($156.5 M) of the $463M in construction contracts were awarded to Baltimore City based LBEs, exceeding EBDI’s goal of 20%.
  • Local Labor Hours – 32.6% (855,422) hours of over 2.62 million labor hours were verified to have been worked on the project to date and were performed by Baltimore City residents. Of the total hours, 30% were performed on commercial projects and 45.5% on residential projects by Baltimore City residents. This exceeds EBDI’s goal of 23% of all hours for commercial projects and 25% for residential projects to be performed by City residents.
  • Local Hiring – 30% (2,065) of the 6,885 workers verified to have worked on EBDI-related projects since its inception are Baltimore City residents. Of the total workers, 18.6% (1,279) were African American.
  • Average Hourly Wage – The average hourly wage earned in the project-area is $23.74. Baltimore City residents earned an average hourly wage of $20.7, whereby East Baltimore residents earned an average hourly wage of $20.31.
  • New Local Hires – The project has yielded 288 new Baltimore City hires of which 189 (66%) were from East Baltimore.
  • Local Worker Retention – Since the inception of the project, 544 workers were retained by multiple projects. Among these workers, 210 are Baltimore City residents (171 minorities) and 135 are East Baltimore residents (116 minorities).

Overview

The East Baltimore Development Inc.’s Economic Opportunity Initiative promotes the involvement of Minority-Owned (MBE), Women-Owned (WBE), and Locally-Owned Businesses (LBE), along with the employment of local residents in the ongoing economic transformation of the East Baltimore Revitalization Area.

The initiative takes a long-term philosophy, seeking to provide professional development opportunities and business incubation services to start-up businesses, while it simultaneously strives to increase Baltimore’s local capacity for the accurate monitoring of economic inclusion goals and objectives on large scale projects.

Through the workforce development programs that are part of this initiative, EBDI also seeks to assist the residents living in the project area in both connecting with new employment opportunities and connecting with meaningful, life-long careers.

Goals

During the initial phase of the project, EBDI has focused its efforts on encouraging MBE, WBE, and LBE firms to economically participate in contracting opportunities available in the areas of Construction; Architecture and Engineering; and General Services.

At the outset of the East Baltimore Revitalization Initiative, EBDI established the following goals for economic inclusion of these businesses and, to date, has made good and substantial progress toward achieving each of these participation targets:

Construction:

  • MBE’s—27%
  • WBE’s—8%

Architecture/Engineering/Design:

  • MBE’s—21%
  • WBE’s—13%

General Services:

  • MBE’s—17%
  • WBE’s—9%


However, the goals of EBDI’s Economic Opportunity Initiative also extend beyond the inclusion of these targeted businesses. The initiative strives to think to the future by also providing professional development and capacity building opportunities for these businesses. It also seeks to build the capacity of individual residents, through workforce training and bridge employment programs that prepare participants to join and excel in the life sciences, construction, healthcare and other workforces. Future goals for the Economic Opportunity Initiative include: 

  • Increasing M/W/L/RBE contracting opportunities within the scope of the East Baltimore Development project areas;
  • Establishing an East Baltimore Biotech Business Incubator;
  • Assisting the minority business community with capacity building and growth of their companies by providing information and access to financial, certification, bonding and business related resources;
  • Increasing awareness of business opportunities associated with the East Baltimore Development project and surrounding areas through outreach activities to local minority and women business enterprises, publications, the internet and various media; and
  • Constantly improving workforce development programming through continued collaboration and partnership with community and corporate based job training programs.

Monitoring & Compliance

EBDI manifests a true commitment to the ongoing success of its Economic Opportunity Initiative through a sustained emphasis on ensuring progressive inclusion policies and contractual requirements, timely monitoring, accurate reporting, and ongoing compliance of program activities. The initiative’s performance is regularly monitored by a Third-Party Monitor made up of Diversity Professionals Network (DPN) and Sage Policy Group. Through its inclusion efforts and monitoring process, EBDI seeks to maximize the ability for local minority and women owned companies as well as local workers to access the business and job opportunities stemming from the redevelopment activities.