Apex Construction's MBE Status...What Does That Mean, Exactly?
Are you aware that Apex Construction is a minority-owned business? Under the leadership of Principal Owner, Juan Jose Franzetti, Apex Construction is one of the fastest growing minority-owned businesses in the Mid-Atlantic region. Currently, Apex Construction holds MBE certifications in Maryland and Delaware.
What is an MBE?
An MBE - Minority-owned Business Enterprise - is defined as a for-profit business which is owned, operated and controlled by minority group members who are Asian, Black, Hispanic or Native American. At least 51% of the business must be owned by a minority to qualify, or, if the business is publicly-owned, at least 51% of the stock must be owned by one or more members of a minority. Also, the management and day-to-day operations of the business must be controlled by minority group members as well.
Many large corporations actively seek to do business with MBEs, and often have internal programs in place to contract services with a certain percentage of MBEs, in addition to their other contractors. If you are interested in choosing a construction company with MBE status, contact Apex Construction today!
What does MBE status mean to our clients?
There is actually a two-pronged advantage to Apex Construction's MBE status. First, because we are certified as an MBE in Maryland and Delaware, we are eligible to register with major corporations in their diversity programs. This presents exciting opportunities for Apex Construction to gain valuable experience with new clients, improve our industry recognition, expand our services and grow as an organization.
Secondly, there is a more "intangible" benefit to our being designated an MBE. In the construction industry, we deal closely with minority issues in regard to language barriers. We understand sensitive language issues, cultural differences, and diversity concerns, because our company was founded and built by minorities.
Apex Construction constantly seeks to further our understanding of and sensitivity to the needs and concerns of other minority businesses and individuals. While our MBE status is another advantage to working with us, our work stands by itself due to its quality, service, and competitive cost.