Minority Business Enterprise
From Wikipedia, the free encyclopedia
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 Eastern Asians Americans (India etc. and western 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 with its 35-40 regional affiliates.
