OMWBD outlines proposed small‑business certification with 20% participation target
September 01, 2026 | Indianapolis City, Marion County, Indiana
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Fredericks described a proposed SBE framework drawn from the 2025 disparity study and said the program would emphasize firms headquartered in Marion County. "This program... would develop this program with a participation goal of 20% in mind for small businesses," he said.
He said the proposed eligibility would target firms at or below 0.5 of SBA size standards and set a proposed maximum annual revenue per owner at about $1,320,000. Fredericks emphasized the proposal is subject to mayoral approval and would likely require a new city ordinance before being implemented; he said the office plans to bring a finalized implementation plan back to the committee after approval.
He said the proposed eligibility would target firms at or below 0.5 of SBA size standards and set a proposed maximum annual revenue per owner at about $1,320,000. Fredericks emphasized the proposal is subject to mayoral approval and would likely require a new city ordinance before being implemented; he said the office plans to bring a finalized implementation plan back to the committee after approval.
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