The Minority/Women Business Enterprise (M/WBE) certification affords small businesses the opportunity to compete for contracts. It is race- and gender-conscious.
Business Size: The applicable size standard shall be one hundred percent (100%) of the SBA size standards based on the gross annual receipts averaged over five (5) years or the average of employees over twelve (12) months based on the SBA standards for the specific NAICS code(s).
Ownership: At least 51% of your company ownership must be members of economically and socially disadvantaged groups (Women, Hispanic, Asian, Black, Native American).
Time in Business: You must actively be in business for six months.
Personal Net Worth: Each individual owner of a business enterprise whose ownership and control is relied upon for certification must be equal to or less than the permissible personal net worth amount determined by the U.S. Department of Transportation, excluding equity in primary residence and ownership interest in applicant’s business enterprise.
Work Type: Construction-related and some covered goods and services.
Fee: $200 non-refundable application fee, or a $50 non-refundable renewal application fee.