Minority Business Enterprise
The MBE is a National Certification, when obtained can prove to be very lucrative for a Small Business. The National Minority Supplier Development Council Inc, the certifying agency, is one of the country’s leading corporate membership organizations. Whether you’re a small minority-owned organization or a billion dollar powerhouse, we’re committed to helping you solve the growing need for supplier diversity. They do this by matching more than 12,000 certified minority-owned businesses to their vast network of corporate members who wish to purchase their products, services and solutions. Their corporate membership includes many of the largest public and privately-owned companies, as well healthcare companies, colleges and universities.
Criteria for Certification:
- United States citizens.
- Minority businesses must be at least 51% minority-owned operated and controlled. For the purposes of NMSDC’s program, a minority group member is an individual who is at least 25% Asian, Black, Hispanic or Native American. Minority eligibility is established via a combination of screenings, interviews and site visits. Ownership, in the case of a publicly-owned business, means that at least 51% of the stock is owned by one or more minority group members.
- Must be a profit enterprise and physically located in the U. S. or its trust territories.
- Management and daily operations must be exercised by the minority ownership member(s).