mbeMINORITY BUSINESS ENTERPRISE (MBE)

An MBE is an American term which is defined as a business which is at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority classifications:

1. African American
2. Asian American (includes West Asian Americans (India, etc.) and East Asian Americans (Japan, Korea, etc.))
3. Hispanic American – not of the Iberian peninsula.
4. Native American including Aleuts

MBE’s can be self-identified but are typically certified by a city, state or federal agency. The predominant certifier for minority businesses is the National Minority Supplier Development Council (www.nmsdc.org).