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MINORITY / WOMEN BUSINESS ENTERPRISE PLAN (MBE / WBE)

WBE) 2025

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The Town of Barnstable's Minority/Women Business Enterprise (MBE/WBE) Plan outlines policies and procedures to promote equal opportunity for minority and women-owned businesses in municipal contracts. It establishes participation goals, monitoring requirements, and compliance measures to ensure that MBE/WBE firms are included in construction and design projects funded by the town or state. The plan emphasizes outreach, reporting, and the possibility of waivers for contractors who demonstrate good faith efforts to meet participation goals.

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What is a minority business enterprise MBE?

The National Minority Supplier Development Council (NMSDC) defines a minority business enterprise (MBE) as a for-profit business that is at least 51% owned, managed, and controlled by a member(s) of a qualified minority group.

Is MBE a federal certification?

Unlike the federal-focused 8(a) or WOSB, the MBE certification is awarded on a state or local level, making it more accessible for businesses operating predominantly within those jurisdictions.

What are the benefits of having a MBE certification?

Getting certified could mean easier access to federal, state, local and corporate contracts. The benefits of MBE certification also include access to networking events, consulting services, entrepreneurship coaching and more.

What are the tax benefits of working with a MBE?

The U.S. government offers many state and federal tax incentives, breaks, and rebates to organizations that partner with MBEs. In addition, MBEs themselves are eligible for tax liability reduction for projects funded by state and federal grants and loans.

Is MBE certification worth it?

To qualify as a MBE or WBE under EPAs programs an entity must establish that it is at least 51% owned and/or controlled by socially and economically disadvantaged individuals who are of good character and are citizens of the United States.

How much does it cost to get MBE certified?

Certification fees start at $350 for businesses with less than $1 million in annual revenue, and approval can take up to 90 days. If youre approved, youll officially have Minority Business Enterprise (MBE) status and be eligible for the associated benefits.

MINORITY / WOMEN BUSINESS ENTERPRISE PLAN (MBE / WBE) 2025

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