State Minority Certification

Why apply for state certification. As of december 2007 there were 6899 certifications of new york state minority and women owned businesses including 2578 mbes 3627 wbes and 694 businesses that have dual certification. In order to take advantage of the states mwbe program you must first certify your business as a mwbe with the state.

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In 2014 the governor pledged to increase mwbe certification by an additional 2000 businesses a goal that the state exceeded in january 2016.

State minority certification. With a mwbe certification youll enjoy the following benefits. Becoming certified allows these entities to identify your firm as a certified business and keep track of how theyre doing toward their purchasing goals. New york state currently has one of the largest databases of certified firms in the nation. The office of minority and womens business enterprises omwbe certifies small businesses owned and controlled by minority women and socially and economically disadvantaged persons.

The new york state contract system nyscs enables users to apply for nys mwbe certification search for nys mwbe certified firms and easily interact with our state agencies and authorities. Youll be placed on the certified mwbe directory where state agencies and vendors looking for subcontractors can reach out to you. Mbes are companies owned by united states citizens who are asian black hispanic or native american. Becoming certified also makes you eligible to apply for the linked deposit program which can decrease interest rates on small business loans by 2.

Under the governors leadership the state has certified more than 4300 mwbes and recertified more than 3600 mwbes. Ownership by minority individuals means the business is at least 51 owned by such individuals or in the case of a publicly owned business at least 51 of the stock is owned by one or more such individuals ie. Government agencies and some private companies have goals for inclusion of minority and women owned businesses. The new york state department of economic development division of minority and womens business development dmwbd pursuant to article 15 a of the executive law has extended the certification period from three 3 to five 5 years for all currently certified nys mwbes.

You can apply for state certification federal certification or both. Qualifications for nys mwbe certification. See appendix a for a listing of mwbes by county. For information on becoming a new york state certified minority or woman owned business mwbe contact the empire state development office division of minority and womens business development at the link below.

You will need federal certification if you plan to do business on. To qualify for new york state certification as a minority andor women owned business enterprise mwbe an applicant must successfully demonstrate the following through the production of relevant documentation. True mwbe certification apply for nys mwbe certification or recertification in new york state or update your vendor profile.