Minority Owned Business Certification

Illinois Small Business Association enables business owners to give purchasing managers, contractors, lenders, customers, and others business partners evidence their company is owned by one of more minorities1 and is registered with Minority Owned Business Certification. Minority business owners are receiving more opportunities from government and Corporate America; greater visibility in media; and gaining leadership roles throughout society. Illinois Small Business Association Business Certification verifies the certification status of up to 2.8 million Illinois-registered companies and is the most transparent certification offered in the state of Illinois.

Requirements for Minority Owned Business Certification1

  • 51% or more of the ownership interest in the company must be by a member of a "Socially Disadvantaged Group", as defined by the Small Business Act.

    Eligible "Socially Disadvantaged Groups" are defined as:
    • Black Americans (African Descent).
    • Hispanic Americans
      (persons with origins from Spanish or Portuguese speaking countries).
    • Native Americans
      (American Indians, Eskimos, Aleuts, or Native Hawaiians).
    • Asian Pacific Americans
      (persons with origins from Burma, Thailand, Malaysia, Indonesia, Singapore, Brunei, Japan, China (including Hong Kong), Taiwan, Laos, Cambodia (Kampuchea), Vietnam, Korea, The Philippines, U.S.Trust Territory of the Pacific Islands (Republic of Palau), Republic of the Marshall Islands, Federated States of Micronesia, the Commonwealth of the Northern Mariana Islands, Guam, Samoa, Macao, Fiji, Tonga, Kiribati, Tuvalu, or Nauru).
    • Subcontinent Asian Americans
      (persons with origins from India, Pakistan,Bangladesh, Sri Lanka, Bhutan, the Maldives Islands or Nepal).
  • Company must be registered in the State of Illinois.
Minority Flags

Reasons for Certification

  • Establish Company Image & Reputation
  • Solicit Community & Peer Recognition
  • Exhibit Company Pride & Honor
  • Publicize Company Ownership Structure
  • Distinguish Oneself from Competitors
  • Be a Role Model for Minority Youth

Certification Package Includes

  • Illinois Small Business Association Certification Number
  • Signed Letter of Certification
  • Certification Certificate
  • Certification Seals & Decals
  • 24-Hour Online Verification
  • 24-Hour Cellular Phone Verification

Illinois Small Business Association Minority Owned Business Certification does not require audited financial statements; no classroom or course attendance; no minimum years in operation; and no "on-site examination" of your company's office is required. Minority Owned Business Certification is extremely beneficial for new companies, home-based businesses, established firms, or any other minority-owned organization as marketing used to generate customer interest and potential clients.

24-Hour Cellular Phone Verification

Diversity Among Fortune 500 CEOs

White = 92.6%
Latino = 3.4%
Asian = 2.4%
Black = 1%
Other = 0.6%
Illinois Small Business Association
Minority Owned Business Certification
Status of Liberty
42% of Illinois Business Owners Were Born Outside of the U.S.A.
1. Illinois Small Business Association Terms of Service.