DBE ACDBE

What is a DBE or ACDBE? Do I qualify as a Disadvantaged Business Enterprise?

DBEs are for-profit small businesses that have socially and economically disadvantaged individuals 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).

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). 

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DBE  ACDBE 

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DISCLAIMER: These materials have been prepared by Grenier Law Offices, PC for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. Readers should not act upon this information without seeking direct professional counsel. See further notices in our Terms of Use.      To discuss your business issue with an Experienced Boston Business Lawyer or Maine Business Lawyer e-mail Michelle L. Grenier, Esq at michelle@contactmylawyer.com