In order to be certified as a bona fide NY & NJ Minority Supplier Development Council Minority Business Enterprise (MBE), a firm must be:
• Legally organized.
• Established as a full-time, profit-making entity.
• At least 51% owned by a United States Citizen or a Naturalized Citizen who is African-American, Hispanic-American, Native-American, Asian-Pacific American or Asian-Indian American.
• The Council certifies based on bloodline, not nationality.
• The minority group member(s)’ ownership interest in the firm must be real, substantial and continuing.
• Under the day-to-day control and guidance of a minority group member.
Certification is a verification of statements that one is a minority, who owns and manages a firm. This verification is established through a thorough examination of various documents, on-site visits and interviews. The documents examined depend on the type of organization that the firm has adopted – sole proprietorship, partnership or corporation.
Please review the criteria carefully. If your company does not meet the requirements above, please do not submit an application. The application fee is non refundable.
Benefits of Certification
• Nationally recognized by major U.S. corporations and many public agencies.
• Inclusion in MBISYS, the national database on certified MBEs utilized by over 3,000 corporations nationwide.
• Eligible to attend NY/NJ MSDC matchmaking events and one-on-ones.
• Listing of supplier diversity executives at all NY & NJ MSDC corporate members.
• Eligible to exhibit at the NY & NJ MSDC Business Opportunity Fair and the NMSDC national BOF.
New York City Fast Track Certification
The New York & New Jersey Minority Supplier Development Council, Inc. (“The Council”) and the New York City Department of Small Business Services (SBS) are now promoting “Fast Track certifications” that will enable Council-certified suppliers to increase their contracting opportunities in the public sector. The City and The Council signed a Memorandum of Understanding (MOU) in an effort to increase the certification of minority-owned businesses. Under the agreement, businesses certified by The Council as a Minority-Owned Business Enterprise (MBE) will receive expedited approval of their certification applications with the City.
With this partnership, Council-certified suppliers will have greater access to contracting opportunities, better preparation to compete for City contracts, and extra navigation in the public procurement process. Lynda Ireland is very proud to promote this program along with NYC Commissioner Robert W. Walsh.