Diverse Supplier Qualifications

MasterCard is open to partnering with any potential supplier, regardless of its size. However, to be considered a diverse supplier, a company must meet the following basic qualifications:

• Be a for-profit enterprise located in the United States or its trust territories.
• Be at least 51 percent owned by minority, women or veteran individuals who also control the management and daily operations. In the case of publicly held businesses, at least 51 percent of the stock must be owned by one or more such individuals.
• Be recognized by a certifying agency. These agencies include
  • National Minority Supplier Development Council
  • Women’s Business Enterprise National Council
  • Other federal, state, and/or local government agencies
  • Other certifications may be recognized on a case-by-case basis.

Small Business Supplier Qualifications

For a company to be considered a small business supplier to MasterCard, it must likewise meet certain qualifications. They are as follows:

• Be a for-profit enterprise that operates primarily in the United States or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor.
• Be certified by, and eligible for assistance from, the Small Business Administration.
• Meet the numerical size standards defined in the Small Business Size Regulations.