Most business professionals have heard time and time again to invest, invest, invest. The takeaway is nothing ventured, nothing gained. Diverse business enterprises are constantly looking for opportunities to connect with major corporations and government agencies but getting certified is an initial investment that must be made. The certification process takes some time and will have associated costs, but the benefits are worth this initial investment. This certification will establish the credibility that larger corporations and government agencies require when developing new contracts. While starting this process may seem daunting, there are several agencies and organizations that certify businesses. Knowing your business will aid in selecting the best support for your desired growth.
Minority-owned Businesses
- The National Minority Supplier Development Council helps advance business opportunities for certified minority business enterprises and connects them to corporate members. More than 1,500 corporate members erly on the NMSDC certification to see diverse suppliers from among the more than 15,000 minority-owned businesses that are NMSDC members.
- The Small Business Association 8(a) Business Development Program is primarily known as the agency that gives loans to small businesses. They help certify companies to be eligible to work on federal contracts. Those who participate in the 8(a) Business Development Program experience limited competition by the government to help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities. Read more at www.blackenterprise.com
