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Monday, February 20, 2012

Can you be Leaving Money on the Table?

Can you be Leaving Money on the Table?


Minority Business Certifications come in several types and some are easier to qualify for than others.  In today’s competitive world, could you be8 (a) 8a WBE MBE leaving money on the table?  Felix Zapata, an expert in the field of minority and disadvantaged business certifications.  Felix told us “many government “set-asides” or contracts reserved for Certified businesses go unclaimed because businesses do not know they are qualified to apply”
Some of the Minority Business Certifications that are available are:
8a WBE MBE(MBE) Minority Business Enterprises A minority –owned business is a for-profit enterprise, regardless of size, physically located in the United States of its territories, which is owned, operated and controlled by minority group members.  A minority is generally defined as an individual who is African American, Hispanic American, Asian American, or Native American and is elligable for Minority Business Certifications.
8a MBE WBE
Certification for Women owned and controled businesses

(WBE) Women Business Enterprises Certifications signifies that a business is owned by a woman or group of women.  Government agencies and corporate procurement offices require third-party verification that a business is owned by a woman or group of women in their fulfillment of “set-asides and diversity programs.  WEB minority business certifications are available to businesses possessing 51% ownership by a woman or group of women.
8a WEB MBE
8a Minority Business Certifications are the only ones issued by federal govt.
(8 (a) Certification This Certification is the only one provided by the Federal Government, and is the hardest to qualify for.  Only applicants who are members of socially disadvantaged groups and are economically disadvantaged can be considered for approval to this Minority Business Certification program.  Many 8(a) applicants become ineligible for 8 (a) certification due to the $250,000 net worth limit.  This limit is defined as a personal net worth of $250,000 or less, excluding the equity in a personal residence or the business itself.
Felix Zapata will be hosting a free informational webinar on the merits and qualifications of becoming a recipient of Minority Business Certifications.  He will cover the different types of minority business certifications in depth, along with the varying qualifications to apply.  Could you be leavening contracts unclaimed, low interests and grants
8a WBE MBE
Looking for business; Minority Business Certifications could be the answer!
aside, and money on the table?

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