Getting Your Small Business Certified as WBE or MBE

Post on 16-May-2015

929 views 1 download

Tags:

description

In this 1-hour webinar hosted by BizCentral USA, we discuss how to get certified and secure opportunities as a women or minority owned business. For more information on small business certification, please visit: http://bizcentralusa.com/minority_business_sba_8a_wbe_mbe.php

Transcript of Getting Your Small Business Certified as WBE or MBE

HBIF Meeting 12-09

Administrator

Nicole Roach

Marketing Coordinator

BizCentral USA

Key Speaker

Nina Lopez

Service Consultant

BizCentral USA

• BizCentral USA: A “One-stop” resource

center for small business resources

nationwide!

• Key Speaker: Nina Lopez

• Questions

• Recorded Webinar Available At:

– http://www.bizcentralusa.com/webinararchive/index.php

• Preliminary Steps

• Eligibility for WBE & MBE

• Submittal Process

• Supporting Documentation

• Review & Closing

• Q&A

• SBA 8(a)

• WBE

• MBE

• Veteran Owned Business• HUBZone

• DBE

• Increasing economic

activity and promoting

growth in distressed

communities.

• Targeting competition to specific

industries where there are disparities.

•Bringing more dollars

to an eligible

company through

targeted procurement

mechanisms.

•Major corporations include supplier

diversity as a core business strategy,

and use certification as a tool to

validate and seek qualified minority

businesses.

•Local and statewide government

agencies are mandated to award

different percentages of their

contracting and bidding

opportunities to minority owned

businesses.

• All certification clients must have a D-U-N-S number:

Can be requested by visiting http://www.dnb.com or calling (866) 785-0428

• Beneficial to register in the Central Contractor Registration (CCR).

Register with CCR at http:/www.ccr.gov

51%

• Something they all have in

common!

• WBE

• WBENC

• NMSDC

• MBE

• If your business is 51 percent owned,

controlled, operated, and managed by a woman or group of women then you are eligible for certification. There are generally

four different levels of WBE certifications:

– Local

– State

– Federal

– National

51%

≥ 1 Yr!

WBENC is the Women's Business Enterprise National Council

Comprised of 14 regional partner organizations. All of the partner organizations adhere to WBENC's stringent Standards and Procedures in their certification programs.

WBENC provides information on certified women's businesses to purchasing managers through its Internet database, WBENCLink.

In most cases each:

City

County

State

Federal agency

Distinct type of certification program which details an individual and distinct process for that city, county, or state.

The National Minority

Supplier Development

Council

has standardized

procedures to assure

consistent & identical

review and certification

of minority-owned

businesses.

These businesses are certified by NMSDC'saffiliate nearest to the company's headquarters.

"Minority group members" are United States citizens who are Asian, Black, Hispanic and Native American.

Ownership by minority individuals means the business is:

At least 51% owned by such individuals

Or, in the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals.

Exists on the following levels:

Local

County

City

State

The key word is blood line:

Birth Certificates

Surnames

Driver’s License

Passport

Businesses ineligible for certification

include:

Franchises

Nonprofit Organizations

Brokers & Packagers

Firms owned by other disadvantaged firms

Small business owners will be asked to

provide a wide range of materials

including:

Business & Personal Tax Returns

Licenses & Permits

Profit & Loss Statements

Business Insurance

Legal Forms

• Obtain a D-U-N-S

• Locate the proper

application.

• Submit application

along with supporting documentation to the

certifying agency.

• WAIT for Determination

Start Selling to the

Government!

• BizCentral Can Help!

• Variety of Package Options and Flexible

Payments

• Can Assist with all Types of Certifications

• We can Expedite the Process

• Ensure Information is Accurate and

Assembled Accordingly

• Special Discounts!

Buy 2 Certifications: Get 10% Off

Buy 3 Certifications: Get 20% Off

Buy 4 Certifications: Get 25% Off

• Chance to Save Over $600!

• BizCentral Small Business Services

• Business Plan Writing

• Business Certifications

• Incorporation

• Website Development

• Graphic Design

• Marketing

• Bookkeeping & Accounting

• Nonprofit Services

• Must Have Features Every

Small Business Should Have:

• 6-8-2010 3pm EST

• Contact Us

• Nicole Roach: Nicole@bizcentralusa.com

• Nina Lopez: Nina@bizcentralusa.com

• Visit www.BizCentralUSA.com or Call 407-857-9002

www.twitter.com/bizcentralusa Facebook Fan Page:

BizCentral USA/CharityNet USA