Minority and Women-Owned Business Initiatives slide image

Minority and Women-Owned Business Initiatives

Certification ARKANSAS INC Certification . • To ensure that the program meets constitutional requirements To assist the state and other entities in tracking minority business participation • To identify "FRONT" and "SHAM" companies To deter fraud and abuse • To maintain the integrity of the MWBE program Eligibility • • • A business that is at least 51% owned by a minority or group of minorities (minority is defined by the owner's ethnicity - African American, Native American, Asian/Pacific Islander, Hispanic and Service Disabled Veteran) or woman-owned business legally entitled to conduct business in the United States A business must be owned by a lawful permanent resident or residents of the state of Arkansas and its annual revenue must not exceed $10,000,000. A business that can demonstrate the capacity to conduct business with the State of Arkansas
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