Women, Minority and Veteran-Owned Businesses
There is a surging growth in underserved markets and women, minority and veteran-owned businesses. Many public and private sector enterprises are striving to do their part to help close the funding gap for those businesses. While official certification as a women-, minority- or veteran-owned business comes with benefits, the process and requirements can be complex and daunting.
At Taft, we are passionate about helping businesses owned and controlled by women, minorities and veterans thrive. We understand their unique needs and challenges and are familiar with the programs and processes designed to benefit them. Our attorneys work together to provide the comprehensive guidance and representation these critical businesses need to position themselves for success.
We help our clients negotiate their way through the complex maze of applications and compliance necessary to obtain official certification as a women-, minority- or veteran-owned business. We also regularly advise women, minority and veteran-owned businesses, and those structuring ventures with women, minority and veteran-owned businesses, on:
- Choosing and creating the appropriate legal structure for the business.
- Obtaining financing from banks, government or private investors.
- Obtaining government certification as a women or minority-owned business.
- Assisting with bidding on and procurement of government contracts.
- Drafting and negotiating contracts.
By leveraging our expansive network of partners and connections whenever possible, we give clients the seamless representation required to address all of their needs, in areas such as employment law, succession planning and wealth transfer, protection of intellectual property and real estate.
- Represented a major concession operator regarding ACDBE compliance issues for a $248 million concession makeover at Chicago’s Midway Airport.
- Defended an ACDBE company regarding its certification, and successfully had its certification reinstated by multiple government agencies.