The NYCEDC M/WBE Program currently accepts businesses primarily owned, operated, and controlled by women and/or minorities that are certified as M/WBE with New York City through New York City Department of Small Business Services (SBS).
However, if a business is certified by another agency, NYCEDC encourages the business to also obtain M/WBE certification with SBS. NYCEDC M/WBE Program staff members are available to assist businesses with the NYC certification process.
Benefits of Certification The biggest value of M/WBE certification comes from Local Law 129 of 2005 that directs New York City agencies to buy more goods and services from certified M/WBE vendors. As a City-certified M/WBE, businesses can take advantage of the following opportunities:
- Increased access to bid on City-funded contracts under $1 million
- Exclusive networking opportunities with government buyers
- One-on-one procurement counseling and assistance with bid preparation
- Free advertising in the Online Directory of Certified Businesses
Eligibility To be certified as M/WBE by New York City, an eligible applicant business needs to complete the “Minority – and – or Women Owned Business Enterprise Certification Application” and submit the requested supporting documents to the SBS. SBS requires that all interested business meet the following requirements to be certified:
- Business is at least 51% owned and operated by a minority and/or a woman;
- US Citizen or permanent resident alien; and
- Business has been in operation for at least a year.
To learn more about the NYC M/WBE Certification process or to obtain the M/WBE Certification Application, please view the City's Get Certified Information or dial 311 within New York City. |