DiscountCell Inc. Now Certified as a Disadvantaged Business Enterprise
DiscountCell Inc. has been certified as a Disadvantaged Business Enterprise by the Utah Unified Certification Program and may now compete for federally-funded contracts on state, county, and city levels.
Provo, Utah (I-Newswire) September 5, 2013 - What is a Disadvantaged Business Enterprise (DBE)?
The Utah Department of Transportation defines a Disadvantaged Businesses Enterprise (DBE) as a business meeting the following three criteria:
1. At least 51% owned and controlled by minorities, women or other individuals who face economic obstacles in the marketplace,
2. The owner(s) personal net worth can not exceed $1.32 million, minus the equity in their business and primary residence and,
3. Meet the criteria of a small business per the Small Business Administration's guidelines for a small business and the company's gross receipts cannot exceed $22.41 million dollars, averaged over a three year period.
As a woman-owned small business, DiscountCell Inc. has been certified by the Utah Unified Certification Program as a Disadvantaged Business Enterprise (DBE).
Why do Business with a DBE?
Most state departments of transportation require that specific percentages of federal funding be allocated to DBE's to complete projects. For example, for fiscal year 2013, the state of Utah reserved 15.4% of federal funding for DBE's.
Small businesses are the lifeblood of the country's economy. By participating in DBE initiatives, state governments ensure that federal funding stays within the local community to assist with social and economic growth. Small businesses and important demographics that would have otherwise been excluded in the marketplace are given the opportunity to compete on a level playing field for state-sponsored contracts.
DiscountCell Inc. is proud to represent women-owned small businesses by providing top-quality equipment and customer service at discounted prices.
For more information, visit http://www.discountcell.com/
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About Discountcell Inc
350 west 500 south
Phone : 801-235-9809
Published On:September 5, 2013
Print Release:Print Release
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