Certifying your diverse business can open new opportunities for business growth.
In addition to federal government contracts, many state and local governments have committed a percentage of their contract spend to diverse-owned businesses. This also extends to the corporate world, where many large businesses have been recognized for their supplier-diversity programs.
Diverse Business Enterprise Certification is a denotation that is awarded to businesses that are at least 51% owned by a ‘disadvantaged’ member of the population. Diverse Business Enterprise (DBE) is a term that refers to a wide array of business certifications available to businesses that are owned and operated by a “disadvantaged” member of the population, which can be women, minorities, veterans, people with disabilities, or other businesses deemed disadvantaged due to their size, location, or other group that is socially or economically disadvantaged.