The process of becoming certified as a
minority-owned business for the purposes of
participating in special programs like those
offered by the NMSDC and the SBA’s 8(a) are
significant, but the benefits of being a
minority-owned business with certification are
significant too.
QST,Inc is MBE Certified in New Your, New
Jersey, Maryland, Virginia, WSSC, WMATA,
Montgomery County Local Small Business Program,
Capital Region Minority Supplier, Maryland Small
Business Program, Florida, North Carolina and is
in good standing in each state. From federal and
government agencies to private corporations,
there are many organizations that want to do
business with minority-owned businesses and
would even prefer to do so and QST, Inc has been
selected as one of the TOP100MBE out of 5,000
firms. QST, Inc is also certified as a
Disadvantaged Business Enterprise (DBE)
Many federal government agencies are even
mandated to reward a substantial number of
contracts to certified minority-owned
businesses. For example, the U.S. Department of
Transportation requires that at least 10 percent
of the money spent on contracts for certain
projects go to businesses that are
minority-owned, and entities (such as state
transportation agencies) that receive DOT
funding are required to develop Disadvantaged
Business Enterprise (DBE) programs to ensure
compliance.
DBEs are for-profit small business concerns were
socially and economically disadvantaged
individuals own at least a 51% interest and also
control management and daily business
operations. Government agencies are not the only
organizations that want to award work to
minority-owned businesses. The corporations that
work with members of the NMSDC include such
illustrious brands as IBM, Microsoft, Marriott
and many others.