MBE Certification
A Minority Certified Business Enterprise (MBE) is a business that is owned and operated by a member of a minority group, and that has been certified as such by a designated certifying organization. This certification is often used by government agencies and large corporations as a way to promote diversity and inclusion in their supply chains and vendor networks.
To be certified as an MBE, a business typically needs to meet certain criteria, such as being at least 51% owned and controlled by a minority group member, and having a demonstrated track record of success in their industry. Certification is typically granted by a third-party organization that has been authorized by the government or a corporate entity to verify the eligibility of businesses for MBE status.
There are many benefits to being a certified MBE. In addition to potentially increasing a business’s visibility and credibility, certification can also open up new opportunities for contracting and partnership with government agencies and large corporations. These organizations often have diversity spending goals or targets, and may prioritize working with MBEs as a way to meet these goals.
Overall, the goal of the MBE program is to provide minority-owned businesses with greater access to economic opportunities and to promote diversity and inclusion in the business world.
DBE Certification
The Disadvantaged Business Enterprise (DBE) program is a federal program that aims to increase the participation of small businesses owned and controlled by socially and economically disadvantaged individuals in the transportation industry. The program is administered by the Department of Transportation (DOT) and is designed to level the playing field for small businesses by providing them with opportunities to compete for contracts with state and local governments and other organizations that receive federal financial assistance. To be eligible for the DBE program, a business must be at least 51% owned and controlled by one or more socially and economically disadvantaged individuals, and must meet certain size standards. The program is designed to help small businesses that may have historically been disadvantaged due to discrimination or other barriers to entry in the transportation industry.
List of Certifications
- Chicago (CoC) – Minority Business Enterprise (MBE)
- Illinois Department of Central Management Services (CMS) – Minority Business Enterprise (MBE)
- Illinois Department of Central Management Services (CMS) – Business Enterprise Program (BEP)
- Wisconsin Department of Administration (DOA) – Minority Business Enterprise (MBE)
- City of Rockford – Minority Business Enterprise (MBE)
- National Minority Supplier Development Council (NMSDC) – Minority Business Enterprise (MBE)
- Texas – Interstate Disadvantaged Business Enterprise (DBE)
- Metra – Disadvantaged Business Enterprise (DBE)