---
kind: "section"
citation: "12 C.F.R. § 361.1"
title: "12"
number: "361.1"
heading: "Why do minority- and women-owned businesses need this outreach regulation?"
url: "https://uscodex.org/cfr/12/361.1"
---

# §361.1. Why do minority- and women-owned businesses need this outreach regulation?


The purpose of the FDIC Minority and Women Outreach Program (MWOP) is to ensure that minority- and women-owned businesses (MWOBs) are given the opportunity to participate fully in all contracts entered into by the FDIC.


## Notes

### Authority

Authority: 12 U.S.C. 1833e.

### Source

Source: 65 FR 31253, May 17, 2000, unless otherwise noted.