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Ownership Badges Explained

Understanding ownership certifications in the Founders Market

What Are Ownership Badges?

Ownership badges help you discover and support businesses owned by underrepresented founders. Each badge indicates that at least 50% of the company is owned, controlled, and operated by the designated group.

Self-Certification Policy

Ownership badges are self-certified by founders during the vendor onboarding process. We trust our vendors to accurately represent their ownership structure based on the 50% threshold.

Badge Types

Black-Owned

Black-Owned

At least 50% owned, controlled, and operated by Black founders

Latinx-Owned

Latinx-Owned

At least 50% owned, controlled, and operated by Latinx founders

Indigenous-Owned

Indigenous-Owned

At least 50% owned, controlled, and operated by Indigenous founders

Asian-Owned

Asian-Owned

At least 50% owned, controlled, and operated by Asian founders

Pacific Islander-Owned

Pacific Islander-Owned

At least 50% owned, controlled, and operated by Pacific Islander founders

Woman-Owned

Woman-Owned

At least 50% owned, controlled, and operated by women

Veteran-Owned

Veteran-Owned

At least 50% owned, controlled, and operated by military veterans

LGBTQ+-Owned

LGBTQ+-Owned

At least 50% owned, controlled, and operated by LGBTQ+ founders

The 50% Threshold

To qualify for an ownership badge, a business must meet three criteria:

50% Ownership (or more)

At least 50% of the company is owned by the designated group

Operational Control

The owners actively manage day-to-day business operations

Independent Operation

The business is independently owned and not a subsidiary of a larger corporation

Why It Matters

Shopping with ownership badges helps you:

  • Support businesses owned by underrepresented founders in the outdoor industry
  • Discover unique products from diverse perspectives and lived experiences
  • Contribute to economic equity by directing dollars to businesses that traditionally have less access to capital
  • Build a more inclusive outdoor community by supporting founders creating gear for everyone

Part of Our Mission

The Founders Market is part of the Outdoorithm Collective, our mission-driven effort to make the outdoors more accessible, welcoming, and equitable for everyone. By highlighting ownership diversity, we're working to change who gets to build the outdoor industry of tomorrow.