Supplier Diversity Program Certification
Eligibility
The Supplier Diversity Program offers 2 types of certifications, Small Business Enterprise and Minority Business Enterprise.
Small Business Enterprise (SBE):
- Principal place of business located in Connecticut.
- Meets the threshold as a small business:
- For-profits must be registered for All Awards as a small business in the Federal System for Award Management (SAM).
- Not-for-profits’ revenue may not exceed twenty million dollars in the most recently completed fiscal year.
- Independent: Viability of the company must not depend upon another person or business regarding the provision of personnel, facilities, equipment, financial support including bonding, and other resources.
Minority Business Enterprise (MBE):
- Meets SBE criteria stated above.
- At least 51% of the company’s capital stock or assets must be owned by a person(s) who meets all of these criteria:
- Exercises operational authority over daily affairs of the business, including management and policies.
- Receives the beneficial interest of the business.
- Possesses managerial and technical competence and experience directly related to the principal business activities of the company.
- Is a member of a “minority” as defined in statute C.G.S. 32-9n, including members of racial or ethnic minorities, women, and persons with disabilities.