
Minority-Owned Business Enterprise (MBE)
A Minority-Owned Business Enterprise (MBE) is a company primarily owned, operated, and controlled by individuals from minority groups, such as ethnic or racial minorities. These designations aim to promote diversity and economic opportunities by supporting businesses led by underrepresented communities. Certification typically requires proof of ownership and day-to-day management by minority individuals. MBEs can access particular contracts, grants, and resources to help grow and compete in the marketplace, fostering a more equitable business environment.