How Do You Become A RI Minority Certified Business?
Becoming a Certified Minority Business in the state of Rhode Island increases your chances of receiving a contract with a Rhode Island state or municipal agency. The program is a marketing tool that your business can use to enhance its ability to do business in public markets. If an agency has affirmative action goals, certification as a RI Certified Minority Business will increase your chances of receiving a successful bid. Both in-state and out of state business can apply to become a Rhode Island Certified Minority Business. Here are the steps to becoming a RI Certified Minority Business. • The first test of becoming a Certified Minority Business is eligibility. To be eligible as a Certified Minority Business, a small business must be at least 51% owned and controlled by one or more economically or socially disadvantaged individuals. Or, in the case of a publicly owned business at least 51% of the stock is owned by socially or economically disadvantaged individuals. Also the manageme
