View Post

Supporting Northern Virginia’s Minority-Owned Businesses

In Chamber Blog, DE&I by admin

Northern Virginia is home to an estimated 128,000 minority-owned businesses—42 percent of all businesses in the region—that represent a diverse cross-section of residents; 56,000 (44 percent) are Asian-owned, 40,000 (31 percent) are Hispanic-owned, and 27,000 (21 percent) are Black-owned. Racial-Ethnic Composition of Northern Virginia Businesses Racial-Ethnic Composition of Northern Virginia Businesses | Source: Hughes, E. 2021. Supporting Northern Virginia’s Minority-Owned …

View Post

8(a) certification and the Potential for Success

In Chamber Blog, DE&I by admin

  The SBA developed the 8(a) program to level the playing field in federal contracting to offer minority and disadvantaged business owners access to contract opportunities formerly only available to bigger entities. But given this knowledge, did you know that there is a stipulation within the 8(a) certification process that requires you to prove your potential for success in order …