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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
SDI is a certified Minority Business Enterprise (MBE) with the City of Chicago, the State of Illinois, the National Minority Supplier Development Council (NMSDC) and the California Public Utilities Commission (CPUC). SDI is ranked as a Top Workplace by Built In Chicago, [3] the Chicago Tribune, [4] and Crain's Chicago Business. [5] [6]
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.
The Illinois Department of Commerce and Economic Opportunity (DCEO) is the code department [1] [2] of the Illinois state government that sponsors statewide economic development, with special emphases on increasing minority entrepreneurship, promoting the tourism industry, and recruiting Illinois as a location for business investment and film production.
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.
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The Greater Seattle Business Association, described as "a business chamber for LGBTQ and allied businesses", was established by nine gay business owners in 1981. [14] In 2021, New York City recognized LGBTQ-owned businesses as part of their program to support and promote minority-owned businesses to provide mentorship, consulting and access to ...
In 2021, Black- or African-American-owned businesses brought in an estimated $183.3 billion in annual receipts, according to data from the U.S. Census Bureau.