Growth Initiative allows NMSDC-certified 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. 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 to the President of NMSDC, along with proof of minority business status. The steps are similar to the MBE certification process. Those accepted and granted minority-controlled status are re-evaluated on a yearly basis.