
US Supplier Diversity Certifications quiz
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What minimum ownership do most supplier diversity certifications require?
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More questions about US Supplier Diversity Certifications
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Who certifies veteran-owned businesses for corporate buyers?
Answer: NVBDC
Why: NVBDC was created by veteran business owners to provide corporate America with a standardized certification process.
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How many years can a business stay in the SBA 8(a) program?
Answer: 9 years
Why: The clock runs once and cannot be restarted, so firms are advised to enter only when they are ready to use the time.
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Who handles appeals if a business's diversity certification is denied?
Answer: OHA
Why: Set up in 1983, it is an independent office inside the same agency, so the people hearing an appeal are not the staff who denied the application.
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Who certifies Pan Asian American-owned businesses for corporate diversity programs?
Answer: USPAACC
Why: Founded in Washington, DC in 1984, USPAACC has run a business certification program for corporate and government buyers since 1998.
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What does the HUBZone program promote in underutilized business areas?
Answer: job creation
Why: Firms must keep a share of their staff living inside the zone, so the benefit is tied to hiring rather than to an address alone.
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What is the personal net worth limit for DBE certification eligibility?
Answer: $2.047 million
Why: The cap jumped from 1.32 million dollars in 2024, and equity in a primary residence and in the firm itself is excluded from the count.