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.
