Certification Fee Indefinitely Waived for Small, Minority, Woman, or Veteran-owned Business Enterprise
Effective June 1st, 2021
The $100 filing fee to become certified as a Small, Minority, Woman, or Veteran-owned Business Enterprise (SMWVBE) will be indefinitely waived as of June 1st, 2021.
Becoming a certified SMWVBE offers numerous advantages, including exposure to both public and private sector agencies and firms who are considering solicitations for prime and sub-contract opportunities. Certification also allows businesses to compete in select set-aside or goal-based contracting initiatives offered by State agencies, including the Small Business Enterprise Set-Aside Program, which sets a goal of awarding 25 percent of state contracting and purchase orders to small businesses, and the Disabled Veteran-Owned Set Aside Program, which awards three percent of state contracting and purchase orders to businesses that are owned and operated by service-disabled veterans.
Registration is already free to become certified as a Disabled Veteran-Owned Business Enterprise.
New Jersey business owners may apply for certification in as many categories as they are eligible through the New Jersey Department of the Treasury’s online portal.
New Jersey Department of the Treasury