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WHAT IS A DBE OR ACDBE?

Attorney Michelle DelMar

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Michelle DelMar, Esq., Trademark Attorney, Contract Attorney, Corporation Attorney

Michelle DelMar, Esq.

Small Business Lawyer, Trademark Attorney and Executive Contract Lawyer.

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Michelle DelMar, Esq.

Business Lawyer, Trademark Lawyer and Executive Contract Lawyer

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 the maximum amount set by the Federal Government. Also the business must meet SBA size criteria and have average annual gross receipts not to exceed the maximum (Note, size limits for the airport concessions DBE program may be higher).

ACDBE is the DBE program for Airport Concessions and Airport Contrators.

Related Articles:

Airport Concessions Leasing

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