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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
SHI is the largest Minority- and Woman-Owned Business Enterprise (MWBE) in the U.S. [27] In 2023, it was named one of America's Best Midsize Employers by Forbes. [28] In 2020, it was included on Forbes' list of America's Best Employers for Women. [29]
The Minority Business Development Agency (MBDA) is an agency in the United States Department of Commerce that promotes growth and competitiveness of the United States' minority-owned businesses, including Hispanic and Latino American, Asian Pacific American, African American, and Native American businesses. [1]
Key statistics. There are over 161,000 Black-owned businesses in the U.S., according to the Census Bureau.. Black-owned businesses employed 1.4 million employees in 2021.
Over the past five years, minority-owned firms were more likely to use personal savings to cover business expenses than other sources of funding Federal small business grants for minorities 1.
Equal access to public works projects is the only way to ensure fair and equitable change for NJ's minority- and women-owned construction businesses.
Since 2004, the NGLCC has offered certification to businesses owned by LGBT people. [11] This certification is intended to help corporate and government procurement teams source from LGBT-owned products and services, also known as supplier diversity. As of December 2023, NGLCC has certified 2,151 businesses across the United States. [12]
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related to: nj minority owned business certification