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Determine if you are eligible. WBENC Certification validates that a business is at least 51 percent owned, controlled, operated, and managed by a woman or women. Compile Required Documentation. Complete Online Application. Review Site Visit. Certification Determination. Youre in!
What are MBE WBE requirements?
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.
What is the difference between MBE and WBE and DBE?
Woman-owned businesses (WBE) Minority-owned businesses (MBE) Veteran-owned businesses (VBE or VOSB) Businesses owned by economically disadvantaged individuals (DBE)
Is MBE certification worth it?
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.
How much does MBE certification cost?
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.
Conversely, there is no fee associated with getting certified through the Small Business Administration or Department of Transportations programs. State and local programs may have fees and can vary depending on the area.
How do I become MBE certified?
MBE Certification It requires that businesses are at least 51% owned, managed, and controlled by qualified minority group members. A qualified minority group member is a U.S. citizen who is at least 25% Asian-Indian, Asian-Pacific, Black, Hispanic, or Native American*.
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