
Minority Business Enterprise (MBE)
A Minority Business Enterprise (MBE) is a business that is owned, operated, and controlled by individuals from minority groups, such as ethnic, racial, or cultural minorities. The designation helps promote fair opportunities for these businesses in securing government contracts, grants, and other economic resources. Recognized MBEs often undergo verification processes to confirm their status. This designation aims to support diverse entrepreneurs, foster economic inclusion, and encourage the growth of minority-owned businesses within the broader marketplace.