
Minority Business Enterprises (MBEs)
Minority Business Enterprises (MBEs) are companies that are owned, operated, and controlled by individuals from historically underrepresented minority groups, such as African Americans, Hispanic Americans, Native Americans, and Asian Americans. These businesses often qualify for special programs and contracting opportunities to promote economic growth and diversity. Certification as an MBE can help access government contracts, corporate partnerships, and resources aimed at fostering equitable business development. Essentially, MBEs serve as a way to support and strengthen businesses owned by minorities, ensuring broader participation in the economy.