MINORITY BUSINESS DEVELOPMENT INSTITUTE PARTNERSHIP

Helping Minority- and Women-Owned Contractors

Woman wearing a construction hard hat and holding plans.

Woman wearing a construction hard hat and holding plans.

Starting in 2012, Travelers and the Minority Business Development Institute (MBDI) partnered to help small minority- and women-owned contracting firms – underserved segments of this market – become bonded, which can increase their sustainability and success. Rather than waiving surety bond requirements, MBDI believes that education and one-on-one advisory consulting services will create sustainable minority- and women-owned contractors. Travelers participates on MBDI’s advisory board and has presented educational content to more than 250 minority- and women-owned contractors.

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