Asian American/Minority-owned Certification Application
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) was formed in 1984 as a national, non-profit, non-partisan business organization. Our mission is to promote and propel economic growth by opening doors to business, educational, and professional opportunities for Pan Asian Americans (including East, Southeast and South Asian, and Pacific Islander) and their business partners in corporate America, government at the federal, state, and local levels, and the small and minority business community. We also serve as the gateway to Asian American suppliers and information about the Asia-Pacific and Indian Subcontinental markets.
USPAACC certification identifies a business that is at least 51% owned, controlled, and operated by Asian American(s) and/or other minority (ies). It connects them to Fortune corporations, large non-profit organizations, and key government agencies.
Your business must be at least 51% owned, controlled, and operated by Asian American(s) and/or other minority (ies).
Step 1. Complete the application form online (Instruction of Starting your Online Account)
Step 2. Pay for the certification processing fee
The following non-refundable processing fee structure is tiered based on annual gross receipts or sales as reported on your most recent business tax return.
|Gross Receipts or Sales||Regular Processing Fee (2-3 months)||Expedited Processing Fee (3-4 weeks)|
|$1M - $10M||$500.00||$800.00|
|$10M - $50M||$700.00||$900.00|
Step 3. Upload required supporting documents below:
- Business Federal Tax Returns and all schedules for the past two (2) years
- 941 Employer’s Quarterly Federal Tax Return for the past two (2) years
- Proof of Ethnicity, Citizenship, and Immigrant Status for each minority partner/shareholder (Copy of Passport, Birth Certificate, or Certificate of Naturalization. Please make sure to provide a clear color copy.)
- Bank signature card or statement from bank indicating who are authorized to sign on business account
- Resumes of all principals, owners, and partners showing education, training, and employment with dates to help prospective buyers understand the experience of the owner(s)
- Business card of owner(s) and management team
- Certificate and/or Article of Incorporation of the business
- Copies of all licenses, permits, or certifications (if applicable)
- Copy of liability insurance policy
- Copies of three (3) recent job contracts
- Equipment rental, lease and/or purchase agreements and a list of major equipment(s) owned (if applicable)
- Property purchase or rental agreements
- Company brochure
- Copies of other certifications (if applicable)
If your business structure is a corporation, please also upload:
- Certificate of Incorporation and/or Articles of Incorporation, and Amendments
- Minutes of the first corporate organizational meeting
- Minutes of the board of directors’ meetings for the past three (3) years
- Corporate By-laws and all amendments
- Schedule of advances made to the corporation by shareholders for the proceeding three (3) years
- Copies of stock certificates (front & back) and stock transfer ledgers (if applicable)
- Proof of stock purchase or equity investment by business owner(s)
- Copies of any agreements or board actions relating to: stock options, stockholder voting rights,ownership agreements, and ownership of voting securities
If your business structure is a Limited Liability Company (LLC)/ Professional Limited Liability Company (PLLC), please also upload:
- Article of Incorporation and Certificate of Organization
- Operating Agreement and/or Regulations and/or Member Agreement for the LLC company
- Schedule of advances made to LLC/ PLLC by members for the preceding three (3) years
If your business structure is a Partnership, please also upload:
- Partnership Agreements
- Buy-Out Rights Agreements
- Profit Sharing Agreements
- Documentation of all capital investment by all partners
- Limited Partnership Certificate (if applicable)
Note: If you have other documents which you believe would help in a better understanding of your business structure, ownership, control, day-to-day management, and Exit Plan, please provide them also.
Stage 1: Initial Review
After your submit your application and supporting documents online, your application and supporting documents will be thoroughly reviewed by USPAACC Certification Committee. The Committee will contact you during the review period if it has further questions. Please make sure you are able to receive
Stage 2: Site Visit
After a complete review of documentation, the Committee will contact you for a site visit appointment. Site visit is critical to ensure that at least 51% of the business is owned, controlled, and operated by Asian American(s) and/or other minority (ies).
Stage 3: Final Review
After your site visitor provides a report to the Committee, you will enter the final review stage. The Committee will review the site visit report along with submitted documents to determine whether to issue a certification.
If you pass the documentation review and site visit interview, we will certify your business as one that is owned, controlled, and operated by Asian American(s) and/or other minority (ies).
If your application is not certified, you could file an appeal with USPAACC within 60 days of notice that your business could not be certified. USPAACC will review de novo, make a final decision and notify you.
Your certification is valid for one year. The expiration date will appear on your certification. Please apply for renewal online at least 40 days before your expiration date.