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Minority-owned


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 and/or gender (e.g. woman-owned) and/or military veteran classifications:-

According to the U.S. Small Business Administration, minorities own more than 4.1 million firms, and account for nearly $700 billion in revenues.

MBE's can be self-identified but are typically certified by a city, state or federal agency.



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Wikipedia

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