New Online Certification and Re-certification Application for MBEs
NMSDC Central is a new Online Certification and Re-certification Application that is now integrated with NMSDC’s new Minority Supplier Management Information Database.
To begin the certification process, you will need to contact the regional affiliate closest to your headquarters.
How to get started:
- Review certification criteria below to ensure that your business qualifies.
- Gather required documentation. Documentation requirements are listed directly below.
- Complete the online application in full. You’ll have as long as you need to complete the application and can save each session as you go.
- Application fee must be paid online via credit card.
- Upload the required documentation via the online certification/recertification application.
- Schedule site visit and interview. These will be performed by a NMSDC Certification Specialist.
- Wait for final approval from both Committee and Board Members.
Criteria for Certification:
- United States citizens.
- Minority businesses must be at least 51% minority-owned operated and controlled. For the purposes of NMSDC’s program, a minority group member is an individual who is at least 25% Asian, Black, Hispanic or Native American. Minority eligibility is established via a combination of screenings, interviews and site visits. Ownership, in the case of a publicly-owned business, means that at least 51% of the stock is owned by one or more minority group members.
- Must be a profit enterprise and physically located in the U. S. or its trust territories.
- Management and daily operations must be exercised by the minority ownership member(s).
(documents will vary by business types – below is a sample for corporations)
- The History of Business
- Certificate of Incorporation
- Articles of Incorporation
- Stock Certificates and Stock Ledger
- Minutes to Board of Director’s meetings as well as Shareholder’s meetings
- Bylaws (executed and attested) and Amendments (if applicable)
- All agreement(s) pertaining to ownership, operation, and control of the business
- Business cards that list appropriate corporate titles, copies of resumes, copy of driver’s licenses and proof of US Citizenship (Birth certificates or U.S. Passports only) for all Principals
- Corporate Bank Resolution Agreement(s) to include Bank Signature Card(s)
- Business Lease Agreement(s) (and Security Deeds if home-based)
- Proof of general liability insurance and in some cases bonding
- Copies of the businesses’ cancelled checks
What you should know about the application process:
- The Certification process can take up to 90 days.
- Before you begin the online application, you will need to register on our site.
- When completing the application, feel free to take as long as needed.
- Your information will be saved for your next session and is completely confidential.
- The processing of your application will begin when payment is received.
- Application and documents are reviewed for completeness.
- The Certification Committee meets regularly to review applications for MBE Certification.
- The Certification Committee must approve the application before it can be submitted to the Board for final approval.
- The Board will review the Certification Committee’s recommendation and make the final decision.
- If your application is approved, you will be notified via e-mail and postal mail.
- If the Board rejects your application, you may submit a letter of appeal.
Our standardization process:
Certification Policy and Procedures Manual is firmly adhered to by its 23 Regional Affiliates for the certification of minority-owned businesses.
Certified MBEs will be recognized by all national corporate members of the NMSDC Network as nationally certified. This means that MBEs will be able to subscribe to a Regional Affiliate and enjoy fee-based, value-added services and support that are unique to their specific market.
NMSDC’s rigorous certification process requires that minority businesses in our Network are at least 51% minority-owned, operated and controlled. Eligibility is established by conducting a series of screenings, interviews and site visits. This distinguishes NMSDC from other organizations or entities who publish directories allowing for “self-certification” as their standard.
Stringent standardization also identifies bona fide minority businesses, helping purchasing agents report expenditures as well as vendor utilization rates. These procedures help measure overall performance and progress.
Other Certification Programs
NMSDC Growth Initiative for a Minority Controlled Firm.
The NMSDC Growth Initiative affects only NMSDC-certified firms that have an opportunity to grow businesses.
First, your business must be certified through an NMSDC affiliate before it can apply for the Growth Initiative.
A minority business may be certified as a minority “controlled” enterprise if the minority owners own at least 30% of the economic equity* of the firm. This occurs when non-minority institutional investors contribute a majority of the firm’s risk capital (equity). Under this special circumstance, a business may be certified as a minority “controlled” firm if the following criteria are met:
- Minority management/owners control the day-to-day operations of the firm.
- Minority management/owners retain a majority (no less than 51%) of the firm’s “voting equity”.
Minority owner/s operationally control the board of directors (i.e., must appoint a majority of the Board of directors).