Create New Business Opportunities with a Diverse-Business

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Create New Business Opportunities with a Diverse-Business

Transcript Of Create New Business Opportunities with a Diverse-Business

Create New Business Opportunities with a Diverse-Business Certification
Jamie Liggins, Notary of the Year 2004 Owner of Notary Access & Field Inspection Service

Presentation Goals

• Learn about the classifications of diverse businesses and who certifies them

• Gain insight on the process to register for a diverse-business certification

• Understand the requirements to qualify as a diverse business

• Learn how a diverse-business certification can give you an advantage of getting work AND in establishing YOUR business


How can you make this WORK for YOUR Notary/Signing Agent Business?

Is Government Contracting Right for YOU?
• Does the Government buy what you sell OR use the service(s) you offer?
• Can you handle the job if given the contract? If not, what can you do to handle it?
• Can you make yourself more marketable or distinguished?

What is a “Diverse Small Business Certification”?
• Certification that allows you to contract bid opportunities with the federal government exclusively for small businesses.
• Such certifications give you special capability or status that will help you compete in the marketplace and give you priority in the Notary industry with signing companies and within the mortgage industry.

Minority Business Enterprise (MBE) 8(a) Program
1. Must be in a minority group: African American, Hispanic American, Native American, Asian Pacific American and Subcontinent Asian American.
2. If not considered minority, you must provide substantial evidence and documentation showing you have been subjected to bias or discrimination and are economically disadvantaged.
Refer to

Service-Disabled Veteran Business Enterprise (SDVBE)
1. Any person who served “honorably” on active duty in the Armed Forces of the United States; and
2. Have at least a twenty percent (20%) disability that is service-connected meaning that such disability was incurred or aggravated in the line of duty in the active military, naval or air service.
Refer to SBA Office of Veteran’s Business Development:

Small Business Enterprise (SBE)
1. A continuing, independent, for-profit business which performs a commercially useful function with residence in the state;
2. Has total gross receipts of no more than 10 million dollars averaged over a 3-year period or employees no more than 99% on a full-time basis.

Small Disadvantaged Business
1. Must be 51% or more owned and controlled by one or more disadvantaged person(s);
2. Must be socially and economically disadvantaged; 3. Must be small, according to SBA’s size standards.
Refer to

Women Owned Business Enterprise (WBE)
1. Be at least 51% owned or controlled by one or more women;
2. The women must be U.S. citizens; and 3. Must be small according to SBA’s size standards.
To determine their size standard, refer to
Business OpportunitiesGovernmentBusiness EnterpriseDutyAmerican