A Comprehensive Guide to LGBTQ-Owned Business Certification
Securing LGBTQ business certification can serve as a game-changer for entrepreneurs who identify as part of the LGBTQ+ community. Beyond validating your business as majority LGBTQ-owned, certification unlocks access to valuable resources, partnerships, and opportunities for growth. Here’s everything you need to know about obtaining LGBTQ-owned business certification and how it can elevate your business.
What Is LGBTQ Business Certification?
LGBTQ business certification is a formal recognition awarded to enterprises that are majority-owned and operated by LGBTQ+ individuals. In the United States, the National LGBT Chamber of Commerce (NGLCC) is the exclusive certifying body. Businesses certified through the NGLCC earn the title of Certified LGBT Business Enterprise (LGBTBE).
To qualify for certification, your business must meet the following criteria:
- At least 51% ownership and control by individuals who identify as LGBTQ+.
- Ownership by U.S. citizens or lawful permanent residents.
- The business must operate independently.
The certification not only confirms your ownership status but also connects you with a robust network of corporate, government, and community partners that value supplier diversity.
Why Pursue LGBTQ Business Certification?
1. Access to Supplier Diversity Programs
Many Fortune 500 companies and government agencies prioritize supplier diversity, creating procurement opportunities specifically for certified diverse businesses. By becoming an LGBTBE, your business becomes eligible to compete for these contracts.
2. Enhanced Networking Opportunities
The NGLCC connects certified businesses to over 360 corporate and government partners through events, webinars, and mentoring programs. These platforms allow LGBTQ+ business owners to collaborate, share ideas, and form strategic partnerships.
3. Educational Resources
LGBTBE certification provides access to training programs, scholarships, and leadership development opportunities. These resources are designed to help entrepreneurs improve their skills and scale their businesses effectively.
4. Increased Visibility
Being certified allows your business to use the NGLCC Certified Business logo, signaling to potential customers and partners your commitment to diversity and inclusion. This visibility can set your business apart in competitive markets.
5. Economic Impact
According to the NGLCC, LGBTBE-certified businesses exhibit greater longevity and stability compared to the national average for small businesses. Certification can help establish credibility and attract long-term partnerships.
Steps to Become a Certified LGBTQ
1. Determine Eligibility
Before starting the application, ensure your business meets the certification requirements, including ownership structure and management criteria.
2. Gather Required Documentation
Compile documents such as:
- Proof of LGBTQ+ identity for owners (self-attestation or other documentation).
- Business licenses, articles of incorporation, and operational agreements.
- Financial documents verifying ownership and control.
3. Complete the Application
Submit an online application through the NGLCC’s official website. Be prepared to provide detailed information about your business operations.
4. Participate in a Site Visit
The certification process may include a site visit or virtual interview. This step ensures the accuracy and authenticity of your application.
5. Maintain Your Certification
LGBTQ certification must be renewed annually. Keep your records up-to-date and submit renewal applications on time to maintain your status.
How to Maximize Your Certification
Once certified, the benefits extend beyond visibility. Here are some actionable ways to leverage your LGBTBE certification:
- Join NGLCC Events: Participate in the annual NGLCC International Business & Leadership Conference to connect with potential clients, investors, and mentors.
- Utilize Networking Tools: Engage with the NGLCC’s online platform to discover partnership opportunities with other LGBTBEs and corporations.
- Promote Your Certification: Highlight your certified status on your website, marketing materials, and social media to attract clients who value supplier diversity.
- Collaborate with Other Diverse Businesses: Building alliances with other minority-owned businesses can amplify your reach and resources.
- Stay Informed: Keep track of new opportunities, grants, and programs for LGBTBEs by staying engaged with the NGLCC community.
The Broader Impact of LGBTQ Business Certification
Beyond personal success, obtaining certification contributes to the larger movement for economic inclusion. By supporting LGBTQ-owned businesses, corporations and consumers can help drive equity and innovation. Certified businesses, in turn, act as role models and pave the way for future LGBTQ entrepreneurs.
Final Thoughts
Becoming a Certified LGBTQ is not just a milestone—it’s a strategic move that positions your business for long-term success. From accessing new markets to strengthening your professional network, the benefits are substantial. If you meet the eligibility requirements, consider pursuing certification to unlock your business’s full potential and join a thriving community of LGBTQ+ innovators and leaders.