To take advantage of the CoreLogic Supplier Diversity Program, suppliers must comply with the following certification requirements.
The following definitions are overviews of each category. For more detail, please visit the National Minority Supplier Development Council, the Women's Business Enterprise National Council and the U.S. Small Business Administration. We choose our diverse suppliers from the following categories:
Minority Business Enterprise (MBE)
A minority business enterprise is a U.S.-based business concern (a) which is at least 51 percent owned by minorities, or in the case of any publicly owned business, at least 51 percent of that business' stock is owned by one or more minorities; and (b) whose management and daily business operations are controlled by one or more of the minority individuals who own it. Minority persons include African-Americans, Hispanics, Asian-Pacific Americans, Asian-Indian Americans and Native Americans.
Woman Business Enterprise (WBE)
A woman business enterprise is a U.S.-based business concern (a) which is at least 51 percent owned by women, or in the case of any publicly owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more of the women who own it.
Small Business Concern (SB)
A small business concern is defined as pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto. Generally, this means a small business concern organized for profit, which is independently owned and operated, is not dominant in the field of operations in which it is bidding, and meets the size standards as prescribed in government regulations.
Small Disadvantaged Business (SDB)
A small disadvantaged business is a small business concern (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or in the case of a publicly owned business, at least 51 percent of that business' stock is owned by one or more socially and economically disadvantaged individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.
Woman-Owned Small Business (WOSB)
A woman-owned small business is a small business concern (a) which is at least 51 percent owned by one or more women, or in the case of a publicly owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more women.
Veteran-Owned Small Business (VOSB)
A veteran-owned small business (VOSB) is a business (a) which is not less than 51 percent owned by one or more veterans, or in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans; and (b) the management and daily business operations of which are controlled by one or more veterans. The term "veteran" has the meaning defined in 38 U.S.C. 101.
Service-Disabled Veteran-Owned Small Business (DVBE)
Means a small business that: (i) is at least 51% unconditionally owned by one or more service-disabled veterans (as defined at 38 U.S.C. 101(2), with a disability that is service connected, as defined in 38 U.S.C. 101(16)); or in the case of any publicly owned business, at least 51% of the stock of which is unconditionally owned by one or more service-disabled veterans; and (ii) whose management and daily business operations are controlled by one or more service-disabled veterans or, in the case of a veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran.
Historically Underutilized Business Zone (HUBZone) Small Business Concern
This program is based on the geographical area where your business is located and where 35 percent of your employees reside. The company must be small, located in a HUBZone, owned and controlled by one or more U.S. citizen(s), and at least 35 percent of its employees must reside in a HUBZone.