MBE (MINORITY BUSINESS ENTERPRISE) CERTIFICATION
Over $316 billion in corporate revenue to certified Minority Business Enterprises in 2022 alone
FAMR MAKES SURE YOU’RE GETTING YOUR SHARE — EMPOWER YOUR BUSINESS WITH A VALUABLE CERTIFICATION
Our experienced certification specialists are standing ready to register your small business for the MBE certification today. We simplify the process and help it move along smoothly.
MBE Qualifications Checklist
To meet the criteria and successfully register for MBE certification, a business must meet certain requirements such as:
- At least 51% owned and controlled by a minority (at least 25% Asian Indian, Asian Pacific, Black, Native American, or Hispanic)
- Must be a U.S. citizen
- Minority business owner managing day-to-day and long-term operations
- Must be a for profit enterprise
- Must be physically located in the U.S. or its territories
If you meet these qualifications, get in touch with our team to confirm your eligibility. Speak with our MBE Certification Advisor to get started today:
Call (855) 879-4204 to talk to an advisor now!
Benefits of MBE Certification
By obtaining a Minority Business Enterprise certification, companies owned by minorities or individuals from disadvantaged backgrounds can unlock a host of benefits, including:
- Access to Opportunities: MBE certification can provide access to government and private sector contracts that are specifically set aside for minority-owned businesses. This can open doors to new business and revenue streams that may not have been available otherwise.
- Competitive Edge: Having an MBE certification can give businesses a competitive edge when bidding for contracts, as it demonstrates that they meet certain standards and criteria, making them a preferred choice among buyers.
- Networking Opportunities: MBE certification can provide opportunities to connect with other minority-owned businesses and potential clients through various events and networking opportunities. This can help businesses build new relationships and expand their network of contacts.
- Improved Credibility: Certification as an MBE can improve the credibility of a business, as it demonstrates that the business has been independently verified as minority-owned and meets certain standards, instilling trust and confidence among clients and partners.
- Access to Funding and Resources: MBE certification can provide access to funding and resources, such as loans, grants, and training programs, which can help businesses grow and succeed.
MBE certification offers a range of valuable benefits to organizations that qualify, helping your business thrive, grow and succeed in today’s competitive marketplace.
FAMR helps hundreds of businesses gain MBE certification every year
How Do I Register as an MBE?
To access MBE contracts, businesses first need to endure complex registration and application processes with the government. Unfortunately, the difference between your business getting approved or denied often comes down to small technical or clerical errors. The full certification process takes roughly 40 – 60 hours (usually over the course of several months) of administrative work, record organization, filling out forms, and more to complete — and that doesn’t include the follow-up work of renewals, supplying business updates, etc.
Make the Process Easy with FAMR
Our team of experts have years of experience navigating the complicated and difficult waters of government registration and certification. Not only are we more than happy to answer any questions you may have, but we’ll take care of everything for you, so you can focus on what matters — running and growing your business. We’ll stay by your side throughout the lengthy process, keeping you informed with frequent updates along the way and communicating closely to ensure your business is found by the contractors you want to be discovered by most.
After all the I’s are dotted and the T’s are crossed, we’ll stick with you to make sure you’re certified and registered for any additional opportunities you qualify for. We’ll also review your accounts (like your DSBS profile) to ensure everything is accurate, compliant, and optimized for the contracts you apply for in the future.
MBE Frequently Asked Questions
No, MBE is a state-level certification. Its federal counterpart is the 8(A) certification.
The certification process usually takes around 3 months from start to finish, with dozens of hours spent organizing information, filling out forms, and more.
The application fee for MBE certification varies from state to state, but often ranges from $600-800. However, this doesn’t count the time cost of doing everything by yourself.
Benefits of MBE certification include gaining access to exclusive contracting opportunities, being granted a competitive advantage when bidding on contracts, additional funding sources, and more.