The White House announced Dec. 2 that it will order federal agencies to direct 11 percent of government spending contracts to minority and underserved small businesses next year at more than twice the current level. The 11 percent increase goes well beyond the 5 percent mandated by law. This announcement is a step toward the Biden administration’s goal of having minority-owned small businesses receive 15 percent of all Federal contracts by 2025 in order to boost racial equity. Small disadvantaged businesses (SDB) are covered under a category of federal law in which minority-owned small businesses receive priority for government contracts. The White House expects that it will shift “the share of contracts going to small disadvantaged businesses by 50 percent by 2025—an unprecedented target projected to translate to an additional $100 billion to SDBs over 5 years,” said the White House, and that “increasing federal spending with underserved businesses not only …