Small firms, black colleges to gain from Md. offshore wind plan

03/19/2013 | American City Business Journals

The offshore-wind power legislation that cleared the Maryland General Assembly early this week would be good for small- and minority-owned firms and the state's historically black state colleges and universities, supporters said. The measure includes a $10 million budget to help small- and minority-owned companies vying for contracts related to the proposed offshore wind project in the waters of Ocean City. "It's very significant because the average small business does not have the wherewithal to invest in this type of infrastructure," said Vernon Wade, chairman of the green technology and energy committe of the Prince George's County Chamber of Commerce.

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