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Supplier Diversity Glossary

Minority-Owned Business Enterprise

What is a Minority-Owned Business Enterprise (MBE)?

An MBE is a business that is at least 51% owned, operated, and controlled by one or more minorities. Minority groups include African Americans, Hispanic Americans, Native Americans, Alaska Native Corporations, Indian Tribes, Native Hawaiian Organizations, Asian Pacific Americans, or Subcontinent Asian Americans. Individuals must be U.S. citizens and have at least 25% heritage in one of the minority groups.

 

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