Can I get special treatment as a minority or woman owned business?
Yes, but perhaps not as much as you may think. There are special programs and preferences for these groups, but they are not as significant as believed by the general public. In loan applications, these groups still have to meet all the requirements and provide the same type of information as anyone. In government contracting, they still have to compete and they have to perform. In counseling and other assistance programs, they are often singled out for special attention, but receive no concessions or waiving of requirements. Most of the laws and regulations seek to protect these groups from discrimination rather than offering them special privileges. The commonly held belief that there is money available to these groups that is not available to others is largely untrue. For more information on this topic, contact your local SBDC.
Related Questions
- Why do people from minority ethnic groups get special treatment like a day centre specifically for Asian elders and a choice of different meals on wheels?
- I am a disadvantaged/minority/woman owned business enterprise (D/M/WBE); how can I compete for the DFW Airport’s business?
- Can I get special treatment as a minority or woman owned business?
