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Office of
Supplier Diversity Eligibility Requirements |
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To be eligible for
the State of Connecticut's certification a company must meet the legal definition of a small
business or that of a minority owned firm. |
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A small
business enterprise (SBE) is defined as a company who has: |
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- Been doing business under the same ownership or
management and has maintained its principal place of business in
Connecticut for at least one year immediately prior to the date of
application;
- Gross revenues not exceeding $15,000,000 during its
most recent fiscal year; and,
- 51% ownership held by a person(s) who exercises the
operational authority over daily affairs of the business and has the
power to direct policies and management and receives beneficial
interests of the business.
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A minority
owned business enterprise (MBE) is defined as: |
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- A small business (must meet the above-stated SBE
criteria) with at least 51% ownership by one or more minority person(s)
who exercises operational authority over daily affairs of the
business, has the power to direct management and policies, and
receives the beneficial interests of the business.
- A minority is a person(s) who is American Indian,
Asian, Black, Hispanic, has origins in the Iberian Peninsula, a woman,
or an individual with a disability.
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SBE/MBE Certification Applications |
C.G.S. 4a-60g |
E-Mail Supplier Diversity |
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