Embed Size (px)
Citation preview
Opening Doors For Opening Doors For Women Business Women Business
OwnersOwners
A Regional Partner of . . .
Women’s Business Enterprise Council - Great Lakes
Agenda
1. Women’s Business Enterprise Council– Great Lakes (WBEC-GL) – Introduction
2. WBENC National Certification Standards
3. Value of nationally recognized certification
4. 2012: WBEC-Great Lakes Events
WBEC - Great Lakes
One of the 14 Regional Partners of the Women’s Business Enterprise National Council (WBENC), providing nationally recognized certification and procurement opportunities.
The WBEC – Great Lakes has cultivated more than 50 corporate members and 700+ certified women business owners.WBEC-Great Lakes serves the Indiana and Michigan markets
WBENC National Standard Criteria
For Certification-
51% ownership by a woman or women
Proof of effective management control of the business operations
Independence US Citizenship or Permanent
Resident
WBENC National Standard Criteria
For Certification- 51% ownership by a woman or women
Provide proof of ownership: - Cancelled check, money order - Equipment purchased - Birth certificate of all owners Verification of ownership is on you and
must be relative to the % in which you are claiming.
WBENC National Standard Criteria
For Certification-
Proof of effective management of the business Operation
By-laws, hire-fire and other decision-making role.
Must hold the highest position in the business
Have final authority to make financial decision
WBENC National Standard Criteria
For Certification-The Control of the business
Evidenced by signature role on loans, leases and contracts
Must be able to sign documents without restrictions
Documentation will be required to support information provided in your application: Proof of capital investment, birth certificate, resume, articles of incorporation, minutes of meeting, financials, promissory notes, leases. etc.
Certification Application Process
Apply at WBENC.ORG
The woman business application submitted online and additional documentation submitted.
Apply at WBENC.ORG
The woman business application submitted online and additional documentation submitted.
PRELIMINARY REVIEW
A preliminary review is done by the Certification Program Manager to ensure the file is complete
PRELIMINARY REVIEW
A preliminary review is done by the Certification Program Manager to ensure the file is complete
APPLICANT FILE
REVIEWED
WBE applicant file is reviewed by one or more Certification Review Committee (CRC) Members
APPLICANT FILE
REVIEWED
WBE applicant file is reviewed by one or more Certification Review Committee (CRC) Members
SITE VISIT CONDUCTED
One or more CRC members conduct a site visit at applicant’s business office
SITE VISIT CONDUCTED
One or more CRC members conduct a site visit at applicant’s business office
COMMITTEE VOTE
CRC members recommend certification or denial to WBEC Great Lakes President
COMMITTEE VOTE
CRC members recommend certification or denial to WBEC Great Lakes President
RECOMMENDATION BY CERTIFICATION REVIEW
COMMITTEE
RECOMMENDATION FOR DENIAL
•Review by WBEC - Great Lakes President •Upholds recommendation for denial, or,•Approves certification •WBE applicant request an appeal in writing
RECOMMENDATION FOR DENIAL
•Review by WBEC - Great Lakes President •Upholds recommendation for denial, or,•Approves certification •WBE applicant request an appeal in writing
RECOMMENDATION FORCERTIFICATION
WBEC - Great Lakes President approves & certifies
RECOMMENDATION FORCERTIFICATION
WBEC - Great Lakes President approves & certifies
Annual Recertification
Value of WBENC Certification
• WBENC certification is the premiere women’s business certification in the country.
• More than 1000 companies and government entities throughout the United States recognize the WBENC national certification.
• Have a MOU with the State of Indiana.
Value of WBENC Certification
• Access to a current list of supplier diversity and procurement executives
• Automatic inclusion in WBENCLink an internet database of certified WBE’s
• Use of the WBENC seal on your marketing materials
• Discount participation in regional WBEC-Great Lakes events
• Monthly CEED Newsletter
• The Federal Government has recognized the use of the WBENC certification for the women owned business federal procurement set-asides in the 83 purchasing areas that are under-represented by women.
• Is an approved third-party certifier for the Small Business Administration’s Women Owned Small Business (WOSB) Federal Contracting Program.
• Currently, 11,000 women business owners hold this certification.
Value of WBENC Certification
Certification Profile
WBEC Great Lakes services 754 of the 11,000 WBEs nationally
Average 2011 WBE annual revenue $9.5 million
Average WBE has 40 employees
2011 Growth Rate 3%
2011 Recertification Rate 90%
Certification Profile
• Professional 29%• Manufacturing 16%• Other 13%• Services 9%• Distribution 8%• Finance 8%• Construction 7%• Transportation 6%• Retail 4%
Indiana Corporate Members
• Cummins
• Duke Realty
• Eli Lilly
• Fifth Third Bank
• Honda
• Indiana University Health
• IUPUI
• Marathon Oil
• Messer Construction
• Vectren
• Sallie Mae
2012 Events
• Provide Training to WBE’s– Offer “Maximizing Your Certification” Workshop
on-line– Offer Educational Series
• Increase Procurement Opportunities– Increase government procurement
opportunities through certification acceptance: State MOU, SBA-WOSB
– 2nd Annual Awards Luncheon – August 22, 2012
– Corporate Connections Matchmaker Event in Indianapolis
– Great Lakes Women’s Business Conference and Expo
– Women’s Leadership Institute Conference– WBEC-GL Regional Conference October 8th &
9th Detroit, MI
Regional Events
2nd Annual Indiana Award Luncheon & Corporate
Connections August 22, 2012• IUPUI Campus Center, Indianapolis,
Indiana
New events to Indiana:
Women’s Leadership Conference
Q&A
Thank you!
Michelle House, Certification Program Manager
WBEC – Great Lakes
617 Indiana Avenue, Ste. 320
Indianapolis, IN 46202
(317) 710-0684
