What is a DBE or ACDBE? What are the DBE advantages?
Posted by Michelle Grenier on Fri, Jun 18, 2010 @ 12:02 PM
DBEs (Disadvantaged Business Enterprises) are small businesses that have socially and economically disadvantaged individuals that own at least a 51% interest and also control management and daily business operations. African Americans, Hispanics, Native Americans, Asian-Pacific and Subcontinent Asian Americans, and women are presumed to be socially and economically disadvantaged (Note, other individuals can also qualify as socially and economically disadvantaged. Such is determined on a case-by-case basis). ACDBE means Airport Concessions Disadvantaged Business Enterprise.
To participate in a DBE program, a small business owned, operated and controlled by socially and economically disadvantaged individuals must receive DBE certification from the applicable state. In addition, the 51% owner must have a personal net worth that does not exceed $750,000. Also the business must meet SBA size criteria and have average annual gross receipts not to exceed $22.41 million (Note, size limits for the airport concessions DBE program are currently higher).
DBE certified business are often more attractive bidders for airport concession leases and other business opportunities that have a DBE quota to meet.
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