Welcome in FAQ Section
We are a nonprofit trade association that focus on each State Disadvantaged Business Enterprise procurement process. We have developed a system to assist diversity companies to streamline the procurement processes. This streamline process allows small and diversity business owners access to State Government and Prime State Government Contractors relating to procurement.
A company must be Certified by each associated State Government of interest.
First, it takes a team to become successful. Our trade association assist with compliance, networking with buyers and vendors. Also, our trade association provides additional professional support that may help your business grow.
Some of the benefits includes:
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Group Insurance rate
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401k
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Legal Support Services
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TeleHealth Support Services
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Financial Support Services
Yes, there are more resources such and Legal, Finance, CPA Support services, CEO Roundtable and much more.
Some of the tools are:
- Bidding tools access to local, state and federal buyers. Also, government prime contractors that seek diversity compliance.
- Auction
- Procurement Matching services
- CEO Roundtable
Yes, there are special discounts and incentives. For example, the group insurance plans offers major discounts on products and services by our approved affiliate licensed independent agents.
DBEs are for-profit small business concerns where socially and economically disadvantaged individuals own at least a 51% interest and also control management and daily business operations.
African Americans, Hispanics, Native Americans, Asian-Pacific and Subcontinent Asian Americans, and women are presumed to be socially and economically disadvantaged. Other individuals can also qualify as socially and economically disadvantaged on a case-by-case basis.
To participate in the DBE program, a small business owned and controlled by socially and economically disadvantaged individuals must receive DBE certification from the relevant state– generally through the state Uniform Certification Program (UCP).
To be regarded as economically disadvantaged, an individual must have a personal net worth that does not exceed $1.32 million. To be seen as a small business, a firm must meet SBA size criteria AND have average annual gross receipts not to exceed $23.98 million. Size limits for the airport concessions DBE program are higher.