Depending on the nature of the business, there are several types of certifications available today. Common certifications include: minority business enterprise (MBE); women business enterprise (WBE); disadvantaged business enterprise (DBE); SBA 8(a); HUBzone; veteran-owned small business (VOSB); service disabled veteran-owned small business (SDVOSB); women-owned small business (WOSB); business enterprises-owned by people with disabilities (BEPD) and “small business.”
While each certification has different criteria, there are similar criteria for many. For instance, all companies must be at least 51-percent owned by a person or a group claiming the certification status.1 The 51-percent owner must have unfettered control of the company. For federal and DBE certifications, the company must be a “small business” as determined by the Small Business Administration (SBA). A federal SDVOSB requires the business be “small,” at least 51 percent owned and operated by one or more service-disabled veterans whose management and daily business operations are controlled by service-disabled veterans, and the disability be service connected. While a HUBzoned firm must also be “small,” the criteria includes the location of the business and home addresses of the firm’s employees. State corporate laws and licensing laws are also criteria used to review applications for certification. There are special criteria that must be met depending on the certification type. For instance, while a 51- percent owner must have a personal net worth under $750,000 for DBE certification, the SBA 8(a) certification requires that the 51-percent owner have a personal net worth under $250,000.
Federal, state and local government agencies also have different gross business receipts criteria for determining small business certification eligibility.More information for your convenience:
For more information on diversity designations and certifications, visit the following websites:
NOTES: Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Therefore, NRBA is not responsible for the security, content or availability of third-party sites, their partners, or advertisers.
Melanie Gamble is a passionate, purpose driven professional and widely considered a high-level expert in real estate. As the owner of two Re/Max franchises and 212 Degrees Realty, LLC, Melanie’s expertise has given the markets in Maryland, DC, and Virginia, highly trained and committed Realtors® to help them experience success in the home buying and selling process. Her approach to helping committed individuals excel is inspiring and effective. As an avid learner, education is very important to Melanie and she views it as a source of growth that is the catalyst for bringing out tremendous potential. She’s a graduate of Florida A&M University, holding a Bachelor of Science Degree in Criminal Justice and Master’s Degree in Public Administration. In addition, she graduated from the Maryland Association of Realtors Leadership Academy in 2005.
Some of Melanie’s most special professional moments come from the recognition she has earned, and include:
• Becoming the first woman and youngest Executive Director of the Florida Conference of Black Legislators, where she had the opportunity to work on significant legislative policies to include the introduction and passage of the Rosewood Bill in 1994, which awarded the descendants from Rosewood, FL over 3 million dollars in reparations.
• Founding Esther’s Closet in 2011, a non-profit organization that is dedicated to empowering, equipping, and edifying young women through providing clothes, counsel, and commitment.
• 212 Degrees Realty, LLC being recognized by DiversityBusiness.com in 2012 and 2013 as a Top 50 Woman Owned Business in Maryland, as well as a Top 500 African American Owned Business in the United States.
• Being featured with her husband Jay in the January/February 2013 edition of Black Enterprise, where they offered meaningful insight about their own failures and successes in business.
• A 2013 Board of Directors member of the National REO Broker’s Association. • 2016 Secretary for the Prince George’s County Chapter of the National Association of Real Estate Brokers.
• Co-author with renowned author and coach Jack Canfield in the book The Big Secret.
Melanie is also a John C. Maxwell Certified Coach, Teacher, and Speaker who is committed to working with a wide variety of women as they transition into new careers, helping them to reach their fullest potentials. A common thread in her message to both clients and audiences is that “the fortune is in the follow-up”. When you care about results and put people first, following up is a natural process that needs to take place. This is a part of her heart, as well as her life’s mission.
When Melanie gets those rare, precious moments of “me time”, she enjoys cozying up to a good book, shopping, and giving herself a little spa rejuvenation—an amazing way to make sure she remains at her best. She’s also eternally grateful to her husband Jay, who has always had the strength to allow her to shine and flourish, being a true partner and friend along the way. It’s also exciting for Melanie to watch their three sons grow into that type of man.