The Minority and Small Business Development Division administers a Minority Business Certification Program for economically and socially disadvantaged minority- and women-owned businesses to help them grow. Certification can be a valuable resource to new businesses, providing help with marketing and identifying public procurement opportunities with schools and government agencies.
A minority business is a socially and economically disadvantaged small business concern organized for profit as defined under the Small Business Act, (15 U.S.C.S., Section 637[a]) and performing a commercially useful function. The business must have one or more minority or female owners with controlling interest.
Minority businesses not eligible to participate in the program include charitable institutions or nonprofit enterprises, newspapers, magazines, radio or television broadcasting companies or similar enterprises through which editorial opinions are expressed, and businesses that engage in lending directly or indirectly.
Certification confirms that a minority- or women-owned business is a credible entity and attests to the following:
The Disadvantaged Business Enterprise (DBE) program is a federal program operated by the United States Department of Transportation.
The U.S. Small Business Administration defines a “small business” in terms of the number of employees over the past year or average annual receipts over the past three years. Small business certifications can help businesses compete in the marketplace.
The National Minority Supplier Development Council, Inc. ® (NMSDC®) provides a direct link between corporate America and minority-owned businesses. NMSDC is one of the country’s leading business membership organizations.
The South Regions Minority Supplier Development Council (SRMSDC) is the premier certifying organization for ethnic minority-owned businesses interested in doing business with Arkansas and Mississippi corporations.
Women Business Enterprise National Council (WBENC) Certification gives women-owned businesses the ability to compete for real-time business opportunities provided by WBENC Corporate Members and government agencies.