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Minority/Woman-Owned Business Classifications
Minority/woman-owned businesses are defined as:
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Businesses listed with the Michigan Minority Business Development Council (MMBDC), Michigan Women's Business Council (MWBC), Majority Business Initiative (MBI) or other
authoritative organizations. |
OR |
At least 51% ownership is by one or more socially and
economically disadvantaged individuals. |
OR |
In case of publicly-owned businesses, at least 51% of the
stock is owned by one or more socially and economically
disadvantaged individuals. |
AND |
In all cases, the management and daily business operations
are controlled by one or more such individuals. |
We do encourage certification since the process identifies bona fide minority or women business enterprises.
Minority/Women-Owned Business Classifications Definitions
Minority Business Enterprise (MBE)
An enterprise that is at least 51% owned, operated and controlled by minority group members or, in the case of a publicly-owned business, at least 51% of the stock is owned by minority group members.
Minority group members:
- African Americans
- Hispanic Americans-All persons of Mexican, Puerto Rican, Cuban, Central, Latin or South American, Portuguese, or other Spanish origins regardless of race.
- Native Americans-All persons having origins in any of the original peoples of North America and who maintain cultural identification through tribal affiliations or Eskimos, Aleuts, and native Hawaiians.
- Asian/Pacific Americans-All persons having origins in any of the peoples of Japan, China, Vietnam, Korea, Samoa, Guam, U.S. Trust Territories of the Pacific Islands, Northern Mariana Islands, Laos, Cambodia, or Taiwan.
- Asian/Indian Americans-All persons having origins in India, Pakistan, or Bangladesh.
Women-Owned Business Enterprise (WBE)
An enterprise that, regardless of ethnic background, is at least 51% owned, operated and controlled by women members, or, in the case of a publicly-owned business, at least 51% of the stock is owned by women.
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