A black-owned business is:
-Majority (at least 51%) owned, operated, managed, and controlled by a Black/ African American person or persons who are either U.S. citizens or lawful permanent residents.
-Exercises independence from any non-Black business enterprise.
-Has its principal place of business (headquarters) located in the United States.
-Has been formed as a legal entity in the United States. Has been in operation for at least one year and can provide evidence of federal tax return filing status.
What Does By Black Certification Mean?
A By Black Certification ensures that a company has been vetted and found to be majority owned, managed, or controlled by a Black/ African American person or persons who are either U.S. Citizens or lawful permanent residents. This certification is typically researched and certified by The US Black Chambers.
Affectionately known as the “National Voice of Black Businesses”, The U.S. Black Chambers, Inc. (USBC) provides committed, visionary leadership, and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises.
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