Home Blog COBID (What It Is And How It Works: All You Need To...

COBID (What It Is And How It Works: All You Need To Know)

Looking for COBID?

Want to get COBID certified in Oregon?

What are the essential elements you should know!

Keep reading as I have gathered exactly the information that you need!

Let’s see what COBID means and why it’s important!

Are you ready?

Let’s get started!


COBID is an acronym that stands for “Certification Office for Business Inclusion and Diversity”.

The main purpose of a COBID certification is to allow companies to bid on government contracts awarded by the state of Oregon no matter the size, gender of their employees, ethnicity, or disability.

A startup, a small business, or a company employing individuals with disabilities, women, or minorities can get certified under the COBID program allowing them to better compete on government contracts.

In addition to the benefits a company can get, the government will also benefit as they will be able to award government contracts to companies and businesses that are:

  • Minority-owned businesses 
  • Women-owned businesses 
  • Service-disabled veteran-owned businesses 
  • Emerging businesses and startups 

The state of Oregon’s objective is to award contracts to businesses of all sizes in a fair manner regardless of who owns the company or whether the owners have a “disadvantage” of some sort.

In 2016, the Office of Minority, Women and Oregan Emerging Small Business changed its name to become the Certification Office of Business Inclusion and Diversity (also called COBID).

How Does COBID Certification Work

Let’s look at the main elements of a COBID certification and see how it works.

Purpose of COBID Oregan

The purpose of the COBID office is to allow businesses that are minority, women, or service-disabled veteran-owned along with emerging small businesses to have a better chance in bidding and winning government projects and contracts.

Certain government projects must satisfy certain equity, diversity, and inclusion targets and awarding the companies that are certified COBID makes the process much easier and faster.

Types of Certifications

In the state of Oregon, the Office for Business Inclusion and Diversity is the certification authority offering businesses the possibility to apply and get COBID certifications.

When you are certified, your company will have more opportunities or chances to win government contracts.

Here are the different types of certifications offered:

  • Airport Concessions Disadvantaged Business Enterprise Program (ACDBE)
  • Disadvantaged Business Enterprise Program (DBE)
  • Minority Business Enterprise Program (MBE)
  • Women Business Enterprise Program (WBE)
  • Emerging Small Business Program (ESB)
  • Service-Disable Veteran-Owned Program (SDV)

COBID Eligibility

To qualify for the Disadvantaged Business Enterprise Program, Minority Business Enterprise Program, Women Business Enterprise Program, or Service-Disable Veteran-Owned Program, the applicant must:

  • Own at least 51% of the company applying for the certification
  • Control and manage the daily operations of the company
  • Hold the necessary professional license to operate the business 

For a company to be eligible under the Emerging Small Business Program, the company must meet the SBA size standards along with the average gross receipt cap determined over a three-year period. 

COBID Application

You can apply for a COBIC certification by going to the oregon.gov website to apply using the Certification Management System.

Through this online platform, you will be able to complete your certification application process in a convenient manner.

The applications are generally submitted online.

If you do not have access to the Internet or cannot submit your application online, you can call the COBIC certification office at 503-986-0075 to get a hard copy of the application.

Applying for certification in Oregon is free of charge.

What’s more, your certification renewals will also be free of charge.

Minority Meaning

What ethnicities are considered “minority”?

According to the COBID office, here are the ethnicities that are considered minority:

  • “Black American includes persons having origins in any of the Black racial groups of Africa;
  • Hispanic American includes persons of Mexican, Puerto Rican, Cuban, Central or South American or other Spanish or Portuguese culture or origin, regardless of race;
  • Native American includes persons who are American Indians, Eskimos, Aleuts, or Native Hawaiians;
  • Asian-Pacific American includes persons whose origin is from Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia, Thailand, Malaysia, Indonesia, the Philippines, Brunei, Samoa, Guam, the United States Trust Territories of the Pacific Islands, the Commonwealth of the Northern Marianas Islands, Macao, Fiji, Tonga, Kiribati, Tuvalu, Nauru, Federated States of Micronesia, or Hong Kong;
  • Subcontinent Asian Americans includes persons whose origins are from India, Pakistan, Bangladesh, Bhutan, the Maldives Islands, Nepal, or Sri Lanka;
  • Any additional groups whose members are designated as socially disadvantaged by the Small Business Administration and/or as designated under 49 CFR Part 26 (2013 Edition).
  • Other minority group membership as established by the applicant. Membership is based on evidence provided by the applicant to support the applicant’s claim he or she is a member of a minority group and the particular minority community recognizes the individual to be a member of the community. It is in COBID’s discretion to determine if the applicant’s claim is valid. If the minority community does not exist in Oregon, the burden of proof shifts to the applicant to prove he or she is a socially and economically disadvantaged individual.”

Also, here is how the state defines a Minority Business Enterprise:

  • “‘Minority Business Enterprise’ or ‘MBE’ means a business owned and operated by a minority who meets the eligibility standards set out in OAR 123-200-1210 through 123-200-1240. For the purposes of the certification programs, the rules recognize women as a separate group and not as a ‘minority” group.’”

Benefits of COBID

Here are the main benefits of getting certified for COBID:

  • Your company can bid on federal contracts, state contracts, county contracts, or city government projects
  • You can work with international and large organizations that have adopted policies to work with small companies that are certified 
  • You may be eligible to get a $10,000 direct award by the state or a $50,000 professional services awards 
  • Emerging small businesses may be eligible to get a $100,000 direct award through ODOT’s Small Contracting Program Emergency response list

In addition to that, being certified will also allow you to participate in various networking events, use marketing tools made available to you, take courses, and even find mentorship programs.

Business Oregon Contact Information

If you need more information on the COBID certification, you can contact the state of Oregon for more information.

You can also consult the COBID Frequently Asked Questions for more answers to your questions.

COBID Certification Takeaways 

So there you have it folks!

What does COBID mean?

What are the benefits of getting COBID certified?

COBID stands for “Certification Office for Business Inclusion and Diversity”.

The main objective of getting a COBID certification is to allow your company to bid on various federal, state, and local contracts and projects that must meet diversity, equity, and inclusion requirements.

COBID certifications also help emerging small businesses compete in the marketplace and have a better chance to win a government contract.

The federal government, state governments, state agencies, counties, municipalities, and large firms must comply with diversity, equity, and inclusion requirements tend to work with businesses that are certified.

If you are a company that believes it may be eligible to get a COBID certification, you should look into it as it may help your business take advantage of opportunities that you would not have gotten otherwise.

Good luck!

My Investing, Business, and Law Blog

By the way, on this blog, I focus on topics related to starting a business, business contracts, and investing, making money geared to beginners, entrepreneurs, business owners, or anyone eager to learn. 

I started this blog out of my passion to share my knowledge with you in the areas of finance, investing, business, and law, topics that I truly love and have spent decades perfecting.

You may find useful nuggets of wisdom to help you in your entrepreneurship journey and as an investor.

Hey You!
Looking For Real Actionable Tips To Reach Your Financial And Business Goals?

If you’re interested in my actionable tips, guides, and knowledge on how to achieve your financial and business goals, subscribe to my blog and I’ll share with you my premium and exclusive content that will blow you away!

I’d love to share the insider knowledge that I’ve acquired over the years helping you achieve your business and financial goals.

Now, let’s look at a summary of our findings.

COBID Meaning Overview

  • Certain small companies can gain a competitive advantage for bidding and winning government contracts and public projects when they have certain certifications
  • COBID-certified companies allow the federal and state governments along with large firms meet their diversity, equity, and inclusion targets and requirements 
  • For certain projects, the government is required to meet certain targets or requirements by working with companies that are minority-owned, women-owned, service-disabled veteran-owned, or to emerging small businesses
  • There are many benefits for women, service-disabled veterans, and minority-owned businesses to apply to and get COBID certified, be sure to check it out
ACDBE certification 
Best bid
Bidding company 
Business to government (B2G)
DBE certification
Eligible bidder 
ESB certification
Government contract 
Highest bidder
MBE certification
Qualified bidder
Sale hearing 
SDV certification
Service contracts 
Types of contracts
WBE certification
Bill of sale 
Business contracts 
Business lawyer 
Classes of contracts 
Commercial contracts 
Construction contracts
Contract audit 
Contract lawyer 
Contract Pricing Model
Contract pricing 
Contract types 
Contract under seal 
Cost-Plus-Award-Fee Contract (CPAF)
Cost-Plus-Fixed-Fee (CPFF)
Cost-Plus-Incentive-Fee Contract (CPIF)
Cost-Reimbursement Contract (CR)
Firm-Fixed-Price Contract (FFP)
Fixed-Price Contract (FP)
Fixed-Price Contract with Escalation (FFE)
Fixed-Price Incentive (FPI)
Lump-Sum Contract (LS)
Milestone Pricing Contract
Time and Material contract (T&M)
Unit Pricing Contracts (UP)
Editorial Staff
Hello Nation! I'm a lawyer by trade and an entrepreneur by spirit. I specialize in law, business, marketing, and technology (and love it!). I'm an expert SEO and content marketer where I deeply enjoy writing content in highly competitive fields. On this blog, I share my experiences, knowledge, and provide you with golden nuggets of useful information. Enjoy!

Most Popular

What Is A Special Purpose Entity (All You Need To Know)

What Is A Special Purpose Entity (Explained: All You Need To Know)

What Is Corporate Raiding (Explained: All You Need To Know)

What Is Corporate Raiding (Explained: All You Need To Know)

What Are Golden Shares (Explained: All You Need To Know)

What Are Golden Shares (Explained: All You Need To Know)

What Is A Targeted Repurchase (Explained: All You Need To Know)

What Is A Targeted Repurchase (Explained: All You Need To Know)

What Is A Friendly Takeover (Explained: All You Need To Know)

What Is A Friendly Takeover (Explained: All You Need To Know)

Editor's Picks

Black Knight (Definition And Strategies: All You Need To Know)

Black Knight (Definition And Strategies: All You Need To Know)

Witness Signature (Legal Definition: All You Need To Know)

Witness Signature (Legal Definition: All You Need To Know)

ETP (Definition: Exchange Traded Products: All You Need To Know)

ETP (Definition: Exchange Traded Products: All You Need To Know)

Agency By Estoppel (What It Means And Why It’s Important)

Agency By Estoppel (What It Means And Why It’s Important)

Convertible Preferred Stock (Overview: What It Is And How It Works)

Convertible Preferred Stock (Overview: What It Is And How It Works)