Why DBE is Important For Minorities
Michelle LeNore W., MBA, CQIA
Corporate Strategy & Revenue Operational Growth Executive | Driving Scalable Business Solutions & Market Expansion
I have previously talked about the importance of DBE for women, but what is the importance of it for minority? Today I will be explaining the importance of a DBE certification for minorities.
What is a DBE certification?
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. To be regarded as economically disadvantaged, an individual must have a personal net worth that does not exceed $1.32 million.?They work in transportation in their state or in another state.
What is its importance?
The Department's Disadvantaged Business Enterprise (DBE) program is designed to remedy ongoing discrimination and the continuing effects of past discrimination in federally-assisted highway, transit, airport, and highway safety financial assistance transportation contracting markets nationwide.
Why should you get Certified?
The primary remedial goal and objective of the DBE program is to level the playing field by providing small businesses owned and controlled by socially and economically disadvantaged individuals a fair opportunity to compete for federally funded transportation contracts.
Who does this help?
领英推荐
And many more! It is important to get this to give you the edge for government contracting.
Want to learn more about DBE certifications, how to sign up and so much more? Sign up for my bootcamp below.
What If?!!!
What if all you had to do to get?$1,000,000+?for your business was to raise your hand??
It can really be that simple, but so many businesses miss out on these 7- and 8-figure opportunities.?
Every year,?billions of dollars are set aside?by the government to invest into small businesses, but only a fraction of businesses ever position themselves to claim it. In this masterclass, Business Accelerator & Strategist, we unlock the secrets to positioning your business to go after and consistently win these hidden long-term, multi-million-dollar opportunities.?
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Business Development for Lewis Transcontinental.
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Recruiting Talent for General Services, Media, IT and Finance | 6-Figure Career Coach (Resumes, Interview Prep and etc.) Text ‘Upgrade’ to 443-957-1519
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DEI Speaker| Author | Practitioner of Purpose | CSR | UN SDG Advocate | President UN Women USA NC | Promoter of Peaceful and Inclusive Societies
2 年Thanks Michelle Lenore, PCLC the waymaker!