In context
How Economic Disadvantage works in supplier diversity
Economic disadvantage is determined by personal net worth, access to credit, income levels, and asset ownership compared to similarly positioned non-disadvantaged individuals. It is a key eligibility requirement for 8(a), DBE, and EDWOSB programs. Documentation may include tax returns, financial statements, and credit history.
Example
Real-world example
The certification quiz checks your business against every certification we track. The result is a ranked list with the buyers each one opens. Or open the certification reference for the full guides.