Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is NMSDC Certification Important?

Certification NMSDC
0
Posted

Why is NMSDC Certification Important?

0

The basic concept of minority business development programs is to help MBE’s get business. If a MBE wanted to do business with 50 major firms or government agencies, that MBE company might have to fill out 50 separate forms. Some of these take 8 hours or more to fill out and gather the necessary paperwork. It is often easier for a MBE not to fill out the paperwork and be considered a non-MBE firm. Since the intent of MBE programs is to help MBE firms, paperwork reduction and time savings should be a major goal. It is waste of time and money for 50 MBE coordinators at their respective companies or government agencies to gather, process, analyze and make recommendations on the same company.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.