Growth Initiative Certification
The National Minority Supplier Development Council (NMSDC) Growth Initiative Certification allows certified minority business enterprises (MBEs) with the potential for substantial growth to access equity capital from institutional investors while retaining their minority status through management and control of their business enterprise.
About the Certification
To facilitate significant capital investment from non-minority partners, the Growth Initiative creates a new certification category – minority-controlled firms. For consideration, an MBE must submit a written request via email to email@example.com. The steps are similar to the MBE certification process. Those accepted and granted minority-controlled status are re-evaluated on a yearly basis.