by a searcher
from Columbia University
in New York, NY, USA
8mos ago
Minority designated (ie. MBE or WBE) company
Anyone successfully acquire a minority designated (ie. MBE or WBE) company? Are there good playbooks for the process as well as valuation? This is a case where we will lose the designations.
@redacted, Not sure exactly what industry you are in, but there have been some recent changes to some of the programs that could potentially work in your favor (at least in the short term).
At least within the Department of Transportation, the rules have just been rewritten to exclude a 'presumption' of disadvantage. I'm not a lawyer, but my understanding is that this is requiring all currently certified businesses to re-certify and that many may lose their designations. These rules are new as of September 2025, so not sure how things will shake out, but might be an interesting time to watch closely.
redacted
reply
by a searcher
3mos ago
from Columbia University
in New York, NY, USA
Appreciate the note. I did see this -- its hard to underwrite, however. I agree that it (may) simplify part of the process, but throws that share of the revenue into perhaps more uncertainty.