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Obtaining a diverse business certification from the state government can open a company up to additional sources of revenues, although obtaining the certification from the Massachusetts Supplier Diversity Officer is an arduous and months-long process. Businesses at least 51% owned or dominantly controlled by a member of a qualifying minority group, woman, or military veteran can obtain the certification, although they must be U.S. citizens or lawful permanent residents. The Boston-based Asian Business Empowerment Council recommended dropping the citizenship/residency requirement, in order to lower the barrier to entry, as part of a survey released in June showing Asian-owned businesses, particularly those operated by immigrants, are struggling more than the average business in the current economy.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Obtaining a diverse business certification from the state government can open a company up to additional sources of revenues, although obtaining the certification from the Massachusetts Supplier Diversity Officer is an arduous and months-long process. Businesses at least 51% owned or dominantly controlled by a member of a qualifying minority group, woman, or military veteran can obtain the certification, although they must be U.S. citizens or lawful permanent residents. The Boston-based Asian Business Empowerment Council recommended dropping the citizenship/residency requirement, in order to lower the barrier to entry, as part of a survey released in June showing Asian-owned businesses, particularly those operated by immigrants, are struggling more than the average business in the current economy.