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1.     Q.    WHAT MINORITIES DOES DCMBEC CONSIDER FOR PARTICIPATION IN ITS DEVELOPMENT PROGRAM?
A.    The term “minority” as used in reference to the DCMBEC website includes: American Indian or Alaskan Native, Asian, black or African American, Hispanic or Latino, Native Hawaiian, or other Pacific Islander, and Hasidic Jew.

2.     Q.    WHAT AREA IS INCLUDED IN THE NATIONAL CAPITAL REGION?
A.    The National Capital Region includes Washington, DC, Maryland Virginia and parts of West Virginia.  (All of Washington, DC, all of Maryland including Baltimore, all of Virginia and parts of W.Virginia.)

3.     Q.    WHAT OTHER QUALIFICATIONS MUST DCMBEC CLIENTS MEET?
A.     DCMBEC clients must be:
         ·  At least 51% ethnic minority-owned (not gender based)
         ·
  Located within the National Capital Region, and
         ·  A for-profit entity

4.     Q.    WHAT SIZE COMPANIES DOES DCMBEC WORK WITH?
A.     DCMBEC specializes in assisting rapid-growth companies and those with annual revenue of $500,000 or more.

5.     Q.   DOES DCMBEC WORK WITH START-UP COMPANIES?
A.     DCMBEC will work with a start-up firm if the firm is a high growth firm.  This determination is based on an evaluative process that is conducted by DCMBEC staff.  If the start-up firm fit the profile of a firm that will in a few months record the minimum revenue requirement, then DCMBEC can engage that firm.  This process is on a case-by-case evaluation.  According to the rules that govern our grant engaged clients should meet the minimum criteria’s stated above.  Additionally, if a firm does not meet the requirements we assist them in connecting with other organizations that can assist them until they meet the requirements to receive services from DCMBEC.

6.     Q.   DOES DCMBEC HAVE GRANTS?
A.   DCMBEC does not have or issue any types of grant.  DCMBEC is a private organization that is operated by the National Community Reinvestment Coalition (NCRC).

7.     Q.   WHAT TYPES OF INDUSTRIES DOES DCMBEC CLIENTS REPRESENT?
A.   DCMBEC works with firms from various industries.  According to our criteria as long as the firm meet the minimum requirements they can be affiliated with any industry (as long as it represent a legal entity within the U.S.).

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