NYS Minority/Women Business Enterprise Certification Workshop Series Session II:
April 29, 2016 – 10am – 12pm Overview of NYS MWBE Certification
May 06, 2016 – 10am – 12pm Learn How to Idenify Contract Opportunities
May 13, 2016 – 10am – 12pm Start MWBE Application (Hands-on)
May 20, 2016 – 10am – 12pm Learn How to a Prepare Bid Proposal
To qualify for New York State certification as a minority and/ or women-owned business enterprise (MWBE), an applicant must successfully demonstrate the following through the production of relevant documentation:
- All firms seeking MBE, WBE or MWBE certification must be independantly owned, operated and controlled by minority members and/or women.
- Each minority or women owner upon whom certification is based, cannot have a personal net worth exceeding $3.5 million after allowable deductions.
These are allowable deductions under the law:
Primary residence, or the mortgage for that residence
Ownership interest in the applicant firm
Up to $500,000 of any qualified retirement savings plan
The applicant firm cannot employ more than 300 Full Time Equivalent Employees (FTE)
The Firm must operate independantly of other firms, must demonstrate it is an active business’ and generally, the business must be in operation for at least one year
All applicants must have “Authority to do business in NYS” from the New York Department of State prior to submitting an application for MWBE certification
If your business meets the qualifications, click on the link below to register.