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A federal judge in Texas has ordered a 55-year-old U.S. agency that caters to minority-owned businesses to serve people regardless of race, siding with white business owners who claimed the ...
A federal judge in Texas has ruled that the U.S. Minority Business Development Agency, founded during the Nixon administration, must avail itself to disadvantaged entrepreneurs of all races and ...
In a four-year span from 2018 to 2022, contracts to African American-owned businesses went from below 1.0 percent to 5.9 percent, contracts to Hispanic-owned businesses went from 6.7 percent to 8. ...
Minority business enterprise (MBE) is an American designation for businesses which are 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: [citation needed] African American
By the 1970s, federal programs to promote minority business activity provided new funding, although the opening world of mainstream management attracted a great deal of talent. In urban areas, North and South, the size and income of the black population was growing, providing openings for a wide range of businesses, from barbershops [ 15 ] to ...
The Houston Business Journal named ZT Corporate number four on the list of the largest Houston-area venture capital and private equity firms for 2023, [33] number one on the list of 2023’s largest Houston-area minority-owned businesses, [34] and number one on the 2023 list of the largest Houston-area Asian-owned businesses. [35]
According to the 2022 Annual Business Survey from the U.S. Census Bureau, 1.2 million or 21 percent of employer firms are minority-owned. They’ve helped create nearly five million new jobs and ...
Golden Bank was established in Houston, Texas in 1985. As the first minority-owned bank in Greater Houston area, Golden Bank has provided commercial banking services including taking deposits (DDA, NOW, Money Market, Savings, Time Deposits, Traditional and Roth IRAs), extending loans (Commercial, Construction, Real Estate, Consumer, Small Business, Mortgages, etc.), providing trade finance ...