What does the term “certification” mean when referring to diverse businesses (minority, woman, small and disadvantaged)?
Certification is a validation process by a 3rd party certifying agency that ensures a business is actually owned, controlled, and operated by the diverse applicant (minorities, women, small and disadvantaged). This due diligence ensures only those businesses that meet the strict eligibility requirements of the program are certified. Some 3rd party certifiers include NMSDC, WBENC and the SBA.
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