- What is a Corporate Member?
- What is a Minority Business Enterprise (MBE)?
- What are the benefits of Certification for an MBE?
- How does a Corporation benefit by doing business with a certified MBE?
- Who is eligible to apply for certification as an MBE?
- What groups are not eligible?
- What is MBE Certification?
- What is the NMSDC?
- What is the cost of MBE certification?
- What qualifies me to become MBE-certified by SFMSDC?
- What is the certification process?
- What is a site visit?
- How long is certification valid?
- How long will it take to become certified?
- Am I required to complete every item in the application?
- Will I need to supply all documents with my application?
- What is a NAICS code?
- What is an 8(a) certification?
- What is a Dun & Bradstreet Number?
- Why am I required to submit the company’s financial information?
- What is MBISYS?
1. What is a Corporate Member?
A Corporate Member is a large public, private or foreign owned company, university, hospital, government agency or other large buying institution that is committed to Supplier Diversity and purchasing from certified Minority Business Enterprises (MBEs). ^Top^
2. What is a Minority Business Enterprise (MBE)?
An MBE is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is owned, controlled and managed by minority group members. “Minority group members” are U.S. citizens who are African-American, Latino-American, Native American, Asian-Pacific American and Asian-Indian American by birth and bloodline. “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. Further, those minority group members control the governance of the business and manage its daily business operations. ^Top^
3. What are the benefits of Certification for an MBE?
- Validation of MBE status
- Opportunities for Sales and Marketing
- Access to Mentor-Protégé Program
- Access to Educational Programs
- Business Advisory Services
- Financial assistance and support
- National/International Market Access ^Top^
4. How does a Corporation benefit by doing business with a certified MBE?
- Cost effective
- Opportunity to identify potential strategic partners
- Expanding customer base/market share
- Access to emerging markets in urban and global markets
- Compliance with governmental requirements
- Contribution to the economic viability of MBEs and the communities in which they are located
- Assurance of NMSDC/SFMSDC certification quality and stringent requirements ^Top^
5. Who is eligible to apply for certification as an MBE?
For purposes of National Minority Supplier Development Council’s (NMSDC) program, a minority group member is an individual who is a U.S. Citizen with at least 1/4 or 25% minimum ownership (documentation to support claim of 25% required from applicant) and is a person whose bloodline reflects an indigenous heritage from the following countries:
- African-American – A U.S. citizen having origins in any of the Black racial groups of Sub-Sahara Africa. These countries include the following: Angola, Benin, Botswana, Burkina-Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros,Democratic Republic of Congo (DRC), Cote d'Ivoire, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho,Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome & Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe. Afro – Caribbean descendants are also eligible.
- Latin-American – A U.S. citizen of true –born Latin heritage from any of the Spanish speaking areas of Latin America or the regions: Mexico, Central America, South America and the Caribbean basin only. (Afro-Brazilian, indigenous/Indian only). These countries include the following: Mexico, Cuba, Dominican Republic, Honduras, Panama, Guatemala, Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Costa Rica, Guyana, Paraguay, Peru, Uruguay, Venezuela, Belize, and Nicaragua.
- Native American – A person who is an American Indian, Eskimo, Aleut or native Hawaiian. Native Americans must be documented members of a North American tribe, band or organized group of native people who are indigenous to the United States. Proof must be provided.
- Asian, Asian Indian and Pacific Islander American – A U. S. citizen whose origins are from the Asian Pacific Islander region. Bangladesh, Cambodia, China, Guam, India, Indonesia, Japan, Korea, Laos, Malaysian, Pakistan, the Philippines, Samoa, Thailand, Taiwan, the U.S. Trust Territories of the Pacific or the Northern Marianas, and Vietnam.
Being born in one of the countries listed above, DOES NOT, by itself, qualify an individual as an ethnic minority. ^Top^
6. What groups are NOT eligible for certification?
Groups not certifiable are those whose origins or heritage are of or from;
a. Iberian Peninsula (Spain, Portugal)
b. Asia Minor Region (peninsula between the Black Sea & the Mediterranean
c. Persian Gulf (Iran, Iraq, Saudi Arabia, etc.)
e. Northern Africa (Egypt, Libya, Morocco, Algeria, etc.) ^Top^
7. What is MBE Certification?
MBE certification is the process by which the minority ownership status of a business is validated by the SFMSDC and its Certification Committee. The Committee determines, pursuant to the policies of the NMSDC, whether the approved business is owned, operated and controlled by person(s) who is determined to be minority group members. SFMSDC certification is in accordance with NMSDC guidelines. ^Top^
8. What is the NMSDC?
The National Minority Supplier Development Council (NMSDC) is one of the country’s leading business membership organizations that provides a direct link between Corporate American and Minority-Owned Businesses. The NMSDC was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. For more information, please visit www.nmsdc.org. ^Top^
9. What is the cost of MBE Certification?
A NON-REFUNDABLE processing fee based on gross annual sales is assessed for all certifications.
a. Gross sales $1 million and under- $300
b. Gross sales above $1 million but less than $5 million - $475
c. Gross sales above $5 million but less than $10 million - $625
d. Gross sales above $10 million - $800 ^Top^
10. What qualifies me to become MBE-certified by the SFMSDC?
a. A minimum of 51% of the company must be owned by an ethnic minority or group of minorities.
b. Day-to-day operation and management control must be in the hands of the minority owner(s).
c. The owner(s) must be a U.S. Citizen. Green card holders/resident aliens are not eligible for certification.
d. The company headquarters must be located in one of the 18 Southern Florida counties. ^Top^
11. What is the Certification Process?
- Applicants must complete the online Pre-Qualification Application to ensure minimum NMSDC criteria for certification and submit payment relative to gross sales.
- Once the Pre-qualification Application and payment are received, the SFMSDC will email a link to an online application together with a checklist of required documents.
- Submit the completed online application and the required documents via mail, courier or hand – deliver to the Miami office (ATTN: Certification & Outreach Specialist) located at 9499 NE 2nd Avenue, Suite 201, Miami, FL 33138.
- The Certification Specialist will review the file to ensure all required documents are received and within the standards of the NMSDC.
- A site visit is conducted upon completion of the file.
- The file will be presented before the Certification Committee on the third Wednesday of the month.
- Approved application will receive a username and password via email. Newly approved MBEs will also be required to attend the New MBE Orientation where they will learn more about the Council, the Benefits, Programs and Services, and receive their certificate. ^Top^
12. What is a Site Visit?
A Site Visit is a physical tour and on-site interview with your company’s owner(s), conducted by the Council's Certification Specialist, at the company’s physical address. ^Top^
13. How long is certification valid?
The certification is valid for one year and must be renewed each year. ^Top^
14. How long will it take to become certified?
The certification process takes approximately 60 - 90 days to complete. Note: All applications must be completed and received by the SFMSDC within 30 days of the confirmation of your pre-qualification. An application remaining incomplete 30 days following the confirmation of the pre-qualification application will result in the stoppage of your certification process. Re-application is permitted after one year. ^Top^
15. Am I required to complete every item in the application?
Yes, all items applicable to your company must be completed on the application. If not applicable, write N/A. If in doubt, contact your assigned Certification Specialist. ^Top^
16. Will I need to supply all documents with my application?
All items applicable to your business structure (Corporation, LLC and Partnership) must be submitted with your application. If in doubt, contact your assigned Certification Specialist. ^Top^
17. What is a NAICS code?
Northern American Industry Classification System (NAICS) code is a six-digit industry classification code developed jointly by the U.S., Canadian and Mexican governments to be used as a North American coding system. Businesses need these codes, which describe their revenue-producing lines of business, to
• Register new business with the US Government
• Subcontract from Defense Contractors, or Government Agencies
For more information, please visit: www.naics.com ^Top^
18. What is the 8(a) Certification?
The Small Business Administration offers the 8(a) Certification Program to provide opportunities for qualifying small businesses seeking access to the government contracts marketplace. The 8(a) program positions your company for contracting opportunities with government agencies and major prime contractors in a wide variety of industries.
For more information, please visit: www.sba.gov ^Top^
19. What is a Dun & Bradstreet Number?
The D&B D-U-N-S Number is a unique nine-digit identification sequence, which provides unique identifiers of single business entities, while linking corporate family structures together. D&B numbers are used by the world’s most influential standards-setting organizations; it is recognized, recommended and/or required by many industry and trade associations, including the United Nations, the U.S. Federal Government, the Australian Government and the European Commission. It is the standard for keeping track of the world’s businesses.
For more information, please visit: www.dnb.com ^Top^
20. Why am I required to submit the company’s financial information?
Financial information is critical in validating a company’s business legitimacy, and is kept confidential. ^Top^
21. What is MBISYS?
MBISYS (Minority Business Information System) is the database that contains all NMSDC Regional Council’s MBE certified vendors and suppliers. ^Top^