What Is A Disadvantage Business Enterprise?
INDOT’S Division of Economic Opportunity (EOD) must maximize contracting opportunities for Disadvantage Business Enterprises when it comes to INDOT contracts. But what is a Disadvantage Business Enterprise?
A Disadvantage Business Enterprise is a business that is at least 51 percent-owned by socially and economically disadvantaged individuals who:
- Are US citizens or are permanent residents of the US
- Have expertise in their field
- Control the daily business operations
- Have a personal net worth less than $1,320,000
The net worth factor actually is excluding the value of their home and excluding any assets of the business applying for DBE certification. The Economic Opportunity is responsible for certifying a Disadvantaged Business Enterprise. To learn more, click here.
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Are You Ready to Buy a New Home?
If you’re interested in moving to a community near Evansville or Jasper, Indiana, check out our listings. Become familiar with the area. Before you start shopping for a home in Indiana, it’s a good idea to explore areas you might like to live in — that way you can get a feel for what properties are available and how much you’ll need to spend. We’ll help you find homes for sale in the most beautiful parts of Indiana.
Let us know if you want us to be on the lookout for Evansville or Dubois County homes with solar arrays, geothermal systems or other green upgrades too!
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Thinking of Selling Your Dubois County Home?
On the other hand, if you’d like to sell your Dubois County real estate, we’d love to help with that too! We offer a completely FREE Comparative Market Analysis (CMA). Zillow’s zestimates can be off by as much as 12 percent! Obviously, to make any decisions, you need to know the actual value of your property, right? A 12 percent difference could be a deal breaker when it comes down to it. Yet, if you contact us today, we can get you a detailed report and the estimated value for your home based on today’s market. Plus, we can get that to you usually in less than one day. So, request your FREE home valuation for your Dubois County home today!
Contact Welsh Realty Corp. Today!
Call us at 812-634-6969 or get in touch with us online. We can also contact you by email if that’s easier for you! Just fill out our contact request form, and we’ll get in touch right away!
