Are you interested in selling your company’s products or services to the government or large corporations? Many times, local, state and federal government, as well as some larger corporations, set aside a portion of their purchasing contracts for certain certified small businesses.
“Certification” is a review process that demonstrates a business is actually at least 51% owned and managed by a woman, minority, veteran, service-disabled veteran, or disadvantaged person(s). There are many different types of certification programs available, and if your business qualifies, becoming certified can help open doors to new sales opportunities.
State of Iowa Small Business Certifications:
- The Iowa Targeted Small Business (TSB) program offers a certification program and technical and financial assistance Iowa businesses owned by women, minorities, persons with disabilities and service-disabled veterans. Certified TSB's are eligible for special procurement opportunities when buying from the state government, are listed in a Certified TSB online directory and benefit from educational and networking opportunities for their business.
Federal Small Business Certifications:
The federal government wants to do business with you! If you think your business fits any of the below programs, you may be on your way to winning some federal contracts:
*Certification provided through three national organizations designated by the U.S. Small Business Administration: Women’s Business Enterprise National Council
U.S. Women’s Chamber of Commerce
National Women Business Owners Corporation
Some national organizations also offer certification for small business, primarily to help with obtaining contracts with larger corporations. These certifications are generally more expensive to obtain and to renew than those offered through state and federal government programs.
Minority Business Enterprise (MBE):
A certification for businesses at least 51% owned and managed by an ethnic minority seeking contracting opportunities with large corporations. Certification is offered through the National Minority Supplier Development Council.
Women Business Enterprise (WBE):
Certification for businesses at least 51% owned and managed by a woman. Certification is provided by the Women’s Business Enterprise National Council
through a regional partner network. Iowa businesses would be certified through the Women’s Business Development Center
National and International Women Business Enterprise (NWBE, IWBE):
Certification for businesses looking for contracting opportunities with large corporations. Certification is offered through the U.S. Women’s Chamber of Commerce.