
Minority Business Enterprises (MBE)
Minority Business Enterprises (MBEs) are businesses that are owned, operated, and controlled by individuals from specific minority groups, such as racial or ethnic minorities. They often qualify for programs and opportunities designed to support diversity and economic inclusion, helping these businesses grow and compete more effectively in the marketplace. Recognized by government agencies and private organizations, MBEs aim to promote fairness by providing access to contracts, funding, and resources that may be more difficult to obtain due to historical or systemic barriers. Their success contributes to diverse economic development and community empowerment.