NMSDC MBE Certified
Minority businesses must be at least 51% minority-owned, managed and controlled. For the purposes of NMSDC’s program, a minority group member is an individual who is at least 25% Asian-Indian, Asian-Pacific, Black, or Hispanic. For Native Americans, a tribal card and a blood degree certificate are required. Minority eligibility is established via a combination of document reviews, screenings, interviews and site visits. 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 for 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).