Norcal PTACNorthern California Procurement Technical Assistance Center

Black Business Month 2022

We are celebrating #NationalBlackBusinessMonth in August by calling attention to the more than 2 million Black owned businesses, essential to the US economy. Black owned businesses bring in more than $150 billion in sales each year and employ more than 920,000 people.

Challenges for Black-Owned Businesses:

  • 66.4% of BIPOC business owners receive at least a percentage of the funding they request from a bank, compared to 80.2% of white business owners.
  • The average level of startup capital for Black entrepreneurs is just $35,205 compared to $106,720 for white entrepreneurs.
  • 1% of Black businesses obtain business loans in their first year compared to 7% of white owned firms.
  • 18% of Black business owners report receiving assistance from loan officers in completing applications compared to 59% of white owned businesses.
  • More Black small businesses use their own money to fund their businesses than the average business owner.

Source: 20 Black-Owned Business Statistics for 2021, Fundera.com

 

Training Series Sessions:


Certifications Overview for Black-Owned Businesses

August 4th, 2022     |     View the Recording Here


Black-owned businesses have faced historical disadvantages in the government marketplace. Federal, state, and local agencies, however, are aware of this and have responded by implementing programs to actively support the economic success of minority businesses. This webinar session is a high-level overview – later this month, we’ll have presentations for deeper dives on the 8(a) and DBE programs.

Join Norcal PTAC Procurement Specialist, Thomas Burns for an up-to-date overview of procurement certifications that apply to Black-owned firms. We will discuss the certifications available to California-based businesses on the Federal, State and Local levels and go over the eligibility requirements as well as the benefits these certifications offer.

 

Presented in partnership with 

The Inclusivity Project

"The Inclusivity Project combines education, mentorship, and peer-to-peer connection, to offer assistance to existing and aspiring entrepreneurs to build a comprehensive business plan and help them prepare for the long road of business ownership. The Inclusivity Project strives to create meaningful change within California’s Black business community by being a strategic conduit to provide leadership, mentorship, and financial resources — while creating meaningful community engagement and stakeholder thinking."



 


How to Get DBE Certified

August 18th, 2022     |     View the Recording Here


If you are a women- or minority-owned small business in the fields of transportation, construction, or A&E, the Disadvantaged Business Enterprise (DBE) Program with the U.S. Department of Transportation may help your business win more contracts. This program requires state and local agencies to award a certain percentage of federally funded transportation project dollars to DBE firms and increases their likelihood of winning prime and subcontracts with agencies such as Caltrans, transportation, and local agencies.

Join Norcal PTAC Procurement Specialist and former Manager of Business Diversity Programs at Santa Clara Valley Transportation Authority, Liz Brazil for a walkthrough of the Disadvantaged Business Enterprise (DBE) certification process step by step. We’ll also discuss certification requirements, and tips and tricks for submitting a successful application.

 

Presented in partnership with the

California Department of Transportation

"Caltrans manages more than 50,000 miles of California's highway and freeway lanes, provides inter-city rail services, permits more than 400 public-use airports and special-use hospital heliports, and works with local agencies. Caltrans carries out its mission with six primary programs: Aeronautics, Highway Transportation, Mass Transportation, Transportation Planning, Administration and the Equipment Service Center."



 


How to Get 8(a) Certified

August 25th, 2022     |     View the Recording Here


The federal government's goal is to award at least 5% of all federal contracting dollars to small disadvantaged businesses each year. If your small business is owned and controlled by socially or economically disadvantaged individuals, you may be eligible for a program that can help you tap into this slice of the government market. The 8(a) Business Development Program, administered by the Small Business Administration (SBA), is a 9-year program that provides training and technical assistance to allow disadvantaged firms to strengthen their ability to compete in the American economy. Participating in this program is a way for you to tap into special benefits in federal contracting – but how do you get started?

Join Norcal PTAC Procurement Specialist, Mary Jo Juarez for a walkthrough of the 8(a) Business Development Program step by step. We’ll also discuss Reporting and tracking requirements, tips and tricks for submitting a successful application and both the benefits and pitfalls of this program.

 

Presented in partnership with the 

U.S. Small Business Administration

"Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses."



 


Black Business Month Resources:


 

The Inclusivity Project 


www.theinclusivityproject.com

"The Inclusivity Project combines education, mentorship, and peer-to-peer connection, to offer assistance to existing and aspiring entrepreneurs to build a comprehensive business plan and help them prepare for the long road of business ownership. The Inclusivity Project strives to create meaningful change within California’s Black business community by being a strategic conduit to provide leadership, mentorship, and financial resources — while creating meaningful community engagement and stakeholder thinking."

 


 

Black Humboldt


www.blackhumboldt.com

"Black Humboldt is interested in networking, forging relationships, and building community with the black population residing and visiting Humboldt County, CA. As the 2% black population is growing through employment, education, and even vacation; our goal is to represent and support one another by focusing on positive stories from the community, investing in black-owned businesses, art & culture, and building community awareness of issues affecting the Black & Brown communities of Humboldt County."

 


 

California Black Chamber of Commerce


www.calbcc.org

"The California Black Chamber of Commerce is committed to being a resource for local and state-wide communities. Our mission starts with educating local and state-wide communities about the importance of financial literacy. Through financial literacy, we can build small businesses with strategic coalitions and plug into the mainframe of the American capitalistic system to create a new paradigm for Sole Proprietorship. While pleased with the growth and alliances created by its organization, we realize there is still much work to be done. We continue to address the issues that affect small business survivability, growth, and the multiple effects of community development."

 


Search for minority owned and certified firms:

 

  • Dynamic Small Business Search (DSBS) - Search for 8(a), HUBZone, Small Disadvantaged Business, and minority owned businesses.

           https://web.sba.gov/pro-net/search/dsp_dsbs.cfm

 

  • CPUC DBE Database - Search for Disadvantaged Business Enterprise (DBE) certified firms.

           https://ucp.dot.ca.gov/index2.jsp

Get free guidance from our specialists

To receive one-on-one counseling, complete our online application and a member of Norcal PTAC will follow-up with you and help you achieve your procurement goals.
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This procurement technical assistance center is funded in part through a cooperative agreement with the Department of Defense.

Funded in part through a Grant with the Governor’s Office of Business and Economic Development.

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