Certified Minority Business Enterprise
To qualify as a Minority Business Enterprise (MBE) your company must represent a "selling interest" and meet the following criteria:
Your company must:
Be certifiable as a Minority Business Enterprise (MBE). As such, you must be :
- legally organized,
- profit-making organization;
- at least 51% owned by and under the day-to-day guidance and control of an ethnic minority group member;
- be independent of (not affiliated with) non-minority firms.
- Report purchases that your firm makes from other minority-owned businesses (on a confidential basis) monthly to the TMSDC.
- Participate in TMSDC activities. Pay annual re- certification fees of $ 200 . Initial certification requires a non-refundable application fee of $ 100. The annual fee includes initial certification and annual renewal of MBE status.
For MBEs seeking initial certification, there is $100 non-refundable application processing fee. Upon final approval by the TMSDC Board of Directors, the remaining balance of $200 is due.
The re-certification application fee is $200.00.
The reciprocal application fee is $200.00. (out of state application)
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