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President Issues Small Business Policy On July 24, 2000, President Shirley Ann Jackson, Ph.D. issued her endorsement of Rensselaer's Small Business Policy to Deans, Directors, Department Heads and the President's Cabinet.
The policy was issued to encourage purchases from small disadvantaged, minority, and women-owned business concerns, and is consistent with applicable Federal statutes. Read further for full text of Dr. Jackson's cover letter and the Small Business Policy. If you have any questions or suggestions regarding this subject, please contact Eddie Jackson, Associate Director for Small Business Procurement Services, Procurement and Financial Services at 276-6597. |
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Shirley Ann Jackson, PH.D. President
Rensselaer Polytechnic Institute o 110 8th Street o Troy, New York 12180-3590
(518) 276-6211 o Fax: (518) 276-8702 o e-mail: president@rpi.edu |
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Rensselaer Polytechnic Institute
Small Business Policy POLICY It is the policy of Rensselaer Polytechnic Institute, consistent with Federal and State law, to take affirmative action to optimize interaction with small business enterprises, particularly small disadvantaged, minority, and women-owned businesses. PURPOSE To assure participation by small, small disadvantaged, minority and women-owned business concerns in Rensselaer's programs and its procurement process. SCOPE As a campus that supports and encourages diversity, Rensselaer shall actively seek development of relationships with, and provide opportunities for involvement in its procurement process by small, small disadvantaged, minority and women-owned businesses. The opportunity for growth for the benefit of this group is an important part of the development of a strong business community. Direct responsibility for small, small disadvantaged, minority, and women-owned business sourcing and order placement rests with the Procurement and Financial Services Department. Responsibility for providing support and cooperation rests with all departments requiring goods and services. Department personnel who have the authority to purchase under the Limited Purchase Order and/or the Procurement Card program are integral to implementing the scope of this policy. All department personnel who requisition goods and services have a responsibility to optimize Rensselaer's participation with these business concerns. DEFINITIONS Small Business Concern A Small Business Concern is an independently owned and operated business, not dominant in its field of operation, and (with its affiliates) meets the size standard set by the U.S. Small Business Administration (generally employs 500 people or less). Small Disadvantaged Business Concern (SDB) A Small Disadvantaged Business Concern must be owned and controlled by a socially and economically disadvantaged individual. African Americans, Hispanic Americans, Asian Pacific Americans, and Subcontinent Asian Americans are presumed to qualify. Other individuals can qualify if they show a "preponderance of the evidence" that they are disadvantaged. Individuals must have a net worth of less than $750,000, excluding the value of the business and personal residence. Successful applicants for certification by the Small Business Administration in this category must also meet applicable size standards for small businesses in their industry and display good character. Minority Business Enterprise (MBE) A business enterprise which is at least fifty-one percent (51%) owned by, or in the case of a publicly owned business at least fifty-one percent (51%) of the stock of which is owned by citizens or permanent resident aliens who are:
Fifty-one percent (51%) owned by, or in the case of a publicly owned business at least fifty-one percent (51%) of the stock of which is owned by citizens or permanent resident aliens who are women. |
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Welcome Our Staff Small Business Policy Resources |
Data Base Search Small Business Administration Research at Rensselaer Purchasing Department |
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To contact Small Business Procurement Services:
Eddie Jackson, Associate Director Rice Building, 4th Floor Call 518-276-6597 Fax 518-276-6003 E-mail: jackse@rpi.edu Webmaster: devrid@rpi.edu |