Minority Business Enterprise

Minority Business Enterprise

A minority Business Enterprise (MBE) is defined as a business which is at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority classifications:

# African American
# Asian American (includes West Asian Americans (India etc.) and East Asian Americans( Japan Korea etc.)
# Hispanic American - not of the Iberian peninsula.
# Native American including Aleuts

MBE's can be self identified, but are typically certified by a city, state or federal agency. The predominant certifier for minority businesses is the [National Minority Supplier Development Council] [http://en.wikipedia.org/wiki/Florida_Minority_Supplier_Development_Council] with its 35-40 regional affiliates.

Misc links

* [http://www.compliancenews.com/ Compliance News] A national internet publication that promotes the interests of Minority owned, women owned, disadvantaged and disabled veteran owned businesses. It provides lists of federal and state jobs that are looking to hire companies with these state and federal certifications.


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • minority business enterprise — UK US noun [C] (US COMMERCE ► a business that is more than fifty percent owned and controlled by a member of a minority (= a group whose members are of a different race, or have a different culture or religion to that of most other people in that …   Financial and business terms

  • Minority business enterprise — A Minority Business Enterprise (MBE) is an American term which is defined as a business which is at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority… …   Wikipedia

  • Minority Business Development Agency — Seal of the Minority Business Development Agency Agency overview Annual budget US$30 …   Wikipedia

  • Minority — may refer to: Contents 1 Law 2 Politics 3 Anthropology and language 4 Economy 5 Sociology …   Wikipedia

  • Business valuation — is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to consummate a sale of a… …   Wikipedia

  • business organization — Introduction       an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.       Business enterprises… …   Universalium

  • Business.gov — Infobox Organization name = Business.gov image border = size = caption = msize = mcaption = abbreviation = motto = formation = 2004 extinction = type = status = purpose = To improve delivery of services and information to small business in the… …   Wikipedia

  • Enterprise value — (EV), Total enterprise value (TEV), or Firm value (FV) is an economic measure reflecting the market value of the whole business. It is a sum of claims of all the security holders: debtholders, preferred shareholders, minority shareholders, common …   Wikipedia

  • Minority interest — (also known as Non controlling interest) in business is an accounting concept that refers to the portion of a subsidiary corporation s stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary… …   Wikipedia

  • Business incubator — Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”