An Introduction to Minority Business Enterprise Certification
The Minority Business Enterprise Certification , also known as the MBE certificate, is established by the National Minority Supplier Development Council (NMSDC) for minority or women-owned profitable US-based businesses. It brings excellent opportunities for minority-owned businesses by providing them networking, educational, and business possibilities. Various MBE programs are available for different regions and states. Minority-owned companies can benefit from such practices to gain profit and increase their visibility in the marketing world.
Who is Considered a Minority?
According to the eligibility of the MBE program, NMSDC considers any US citizen who is at least 25% Asian-Indian, Asian-Pacific, Black, Hispanic, or Native American as a minority. Eligibility is established through documentation reviews, interviews, screenings, and site visits.
Benefits of MBE Certificate
It allows access for these businesses to many networking events, MBE business fairs, and supplier databases. It gives them opportunities to form valuable relationships with other MBE businesses while also helping each other grow.
Criteria for an MBE Certification
- US citizenship is required,
- The minority businesses must be at least 51% minority-owned, managed, and controlled. In the case of publicly-owned companies, at least 51% of the stock is owned by one or more minority group members,
- It must be a for-profit business,
- The business should be located in the United States,
- Management and daily operations should be handled by the minority members.
Applying for an MBE Certificate
Applying for an MBE certificate has never been easier.
Our team here at Government Acquisition Services is dedicated on making the process as easy as possible. To begin the application process, and you believe your business qualifies for the MBE Certificate, CLICK HERE or give us a call at 800-799-3942.
FAQs about an MBE Certificate
What is the fee for an MBE certification?
The local certifying office determines the fees for the MBE certification application.
How long does the application process take to complete?
The application procedures for MBE certifications take about 90 days. From the date of submission of the application.
Can non-minority members maintain ownership over the applied firm?
The non-minority members of the firm can maintain the ownership. The NMSDC requires 51% ownership, management, and control by the minority members.
Can green card holders get an MBE certification?
The green card holders can get an MBE certificate through other MBE programs. While NMSDC only accepts US citizens for their MBE program.
Are there multiple on-site visits even after application approval?
Yes, additional on-site visits are conducted regularly by many MBE programs, even after certificate approval.
Who should be available during the on-site visits?
Mainly all the minority members of the firm should be present for verification purposes.
About Government Acquisition Services
Government Acquisition Services should be your one-stop destination to get all types of Government certifications. We have highly qualified consultants to help you navigate the government registration process. Our services include SAM registration, MBE certification, DOT certification VOSB/SDVOSB certification. You can reach out to us at 800-799-3942 to know more. You can also fill our online registration form.
