Regents Policy

Excerpts from the Regents Policy Regarding Targeted Business.

SECTION I. PURPOSE.

Subd. 1. Targeted Business. The Board of Regents strongly believes that the purchasing power of the University should enhance equal employment and business opportunities for minorities, women, and disabled persons. Consistent with the Board of Regents' long-standing policies and achievements in advancing diversity, equal opportunity, and affirmative action, the University should continue to act aggressively both to promote the utilization of businesses owned and operated by minorities, women, and disabled persons ("targeted businesses"), and to prevent discriminatory practices against such businesses.

Subd. 2. Public Service Mission. Moreover, the University's outreach and public service mission mandates that it foster economic growth in the urban communities of which it is a part. Reduction of poverty and unemployment in our urban community is of vital interest to the University. The University should take advantage of opportunities, presented by its construction projects and its contracts for goods and services, to promote the training and employment of the urban community residents in skilled trades and professions.