Receiving certification as a diverse-owned business can open the gateways for numerous contact and business opportunities. Large corporations seek to work with businesses that are diverse-owned, and becoming part of a certification program provides new connections and network opportunities.
Certification also creates easier access to capital through diverse supplier programs, such as through the LISC-JPMC Diverse Suppliers Initiative from LISC's Capital Innovation Lab. The Diverse Suppliers Program provides innovative financing to help diverse business owners cover the minimum costs to receive and carry out contracts with large corporations.
Want to know whether your small business can receive certification as a diverse- owned business? Check out this how-to guide published by JPMorgan Chase about several different ways to receive certification.