Minority Owned Business Certification

"A minority business is a socially and economically disadvantaged small business concern organized for profit as defined under the Small Business Act, (15 U.S.C.S., Section 637[a]) and performing a commercially useful function."

• Tax Incentives for Your Business
  • The federal government affords tax incentives to those  who conduct business with minority businesses.  Certain states may  also provide tax incentives.
• Profitability Improvements for Your Business
  • Research  conducted by the Hackett Group shows  that working with minority certified business can increase  profitability with as much as 130% return on investment, providing  distinct competitive advantages. Additionally, the research concluded  that procurement organizations who work with a diverse supplier base also  had lower overall operating costs and spent 20% less on their buying  operations.
• Innovation and Creativity for Your  Business
  • Smaller  companies typically bring innovation to the table, in addition to agility, making course corrections with faster turn-around time if  required, and generally being more nimble to meet customer needs.
• Demonstrates Your Company Interest  in Corporate Social Responsibility/Supplier Diversity
  • Many times the driver of selecting supplier diversity  aligns with corporate social responsibility and alignment with corporate  culture and workforce inclusiveness