Regional Small Business and Minority Ownership Business Certification

Hispanic, Asian, Black, or Native American are racial groups covered by the Regional Minority Ownership Certification

Generally, this certification is non-industry specific but requires that the company is at least 51% owned, operated and controlled by one or more; Asian, Black, Hispanic or Native American.

Ownership by minority individuals means the business is at least 51%owned by such individuals or, in the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals. Further, the management and daily operations are controlled by those minority group members.

The RHCC for most industries, defines a “small business” either in terms of the average number of employees over the past 12 months, or average annual receipts over the past three years.

Criteria for Certification:

  • Is organized for profit
  • Has a place of business in the US
  • Operates primarily within the U.S. or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor
  • Is independently owned and operated
  • Is not dominant in its field on a national basis
  • United States citizenship
  • Minority businesses group member is an individual who is at least 51% minority-owned operated and controlled.  (Asian, Black, Hispanic or Native American)
  • Ownership, in the case of a publicly-owned business, means that at least 51% of the stock is owned by one or more minority group members.
  • Must be a profit enterprise and physically located in the U. S. or its trust territories.
  • Management and daily operations must be exercised by the minority ownership member(s).

Ownership Required documentation:

  • The History of Business
  • Certificate of Incorporation
  • Articles of Incorporation
  • Capabilities Statement
  • Stock Certificates and Stock Ledger
  • Minutes to Board of Director’s meetings as well as Shareholder’s meetings
  • Bylaws (executed and attested) and Amendments (if applicable)
  • All agreement(s) pertaining to ownership, operation, and control of the business
  • Business cards that list appropriate corporate titles, copies of resumes, copy of driver’s licenses and proof of US Citizenship (Birth certificates or U.S. Passports only) for all Principals
  • Corporate Bank Resolution Agreement(s) to include Bank Signature Card(s)
  • Business Lease Agreement(s) (and Security Deeds if home-based)
  • Proof of general liability insurance and in some cases bonding
  • Copies of the businesses’ cancelled checks

The business may be a sole proprietorship, partnership, corporation, or any other legal form.

What to Expect:

  • The Certification process can take up to 30 days.
  • Certification  includes membership
  • When completing the application.
  • Your information is strictly confidential.
  • The processing of your application will begin when payment is received.
  • Application and documents are reviewed for completeness.
  • If your application is approved, you will be notified via e-mail
  • If the Board rejects your application, you may submit a letter of appeal.

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