The Commission shall have the following powers and duties:

1. Evaluate the impact of existing statutes and proposed legislation on Virginia minority-owned businesses;

2. Assess current programs in the Commonwealth aimed at assisting minority-owned businesses and examine ways to enhance their effectiveness;

3. Provide minority business owners and advocates with a forum to address their concerns;

4. Develop strategies and recommendations to promote the growth and competitiveness of Virginia minority-owned businesses;

5. Collaborate with the Department of Small Business and Supplier Diversity and other appropriate entities to facilitate the Commission’s work and mission; and

6. Perform such other duties, functions, and activities as may be necessary to facilitate and implement the objectives of this chapter.