Section 220-RICR-80-10-1.4 - Certification CriteriaA. D.O.A. will certify or recertify only those firms which meet all of the requirements as outlined below:1. Be a small business concern as defined pursuant to Section 3 of the Federal Small Business Act (15 U.S.C. §§ 632 and 637) and implementing regulations ( 13 C.F.R. Part 121), and fulfill one of the definitions as defined in §§ 1.2(O) or (Q) of this Part.2. Owner(s) must be a member of a definable minority group, woman, and/or an individual(s), found to be both socially and economically disadvantaged (as defined in 49 C.F.R. § 26.67).3. Minority, Disadvantaged or Women partners/shareholders must own at least 51 percent of the business.4. Minority, Disadvantaged or Women owners must possess control of the business and the power to direct or cause the direction of the management and policies of the firm and to make the day-to-day as well as major decisions on management, policy and operations.5. Minority, Disadvantaged, or Women owners must be substantial investors in the business.6. The business must be an ongoing concern.7. The business must be in operation a minimum of six (6) months prior to applying for certification.8. Existing businesses whose ownership and control has been transferred to minorities or women must be in the control of the minorities/women a minimum of six (6) months prior to applying for certification.220 R.I. Code R. 220-RICR-80-10-1.4