
Minority-owned companies
Minority-owned companies are businesses where a majority of the ownership, leadership, and decision-making are held by individuals from historically underserved or underrepresented racial or ethnic groups. These enterprises are often recognized to promote economic diversity, provide opportunities, and address disparities by supporting businesses led by minorities such as African Americans, Hispanics, Asians, or Native Americans. Certification as a minority-owned business can help these companies access specialized resources, contracts, and networking opportunities to foster growth and equitable participation in the economy.