 A minority business enterprise is defined as a business in which more than 51% of the interest, stock and otherwise, is owned by minority group members.
- African American
- Asian-Indian American
- Asian-Pacific American
- Hispanic American
- Native American
All MBEs MUST be certified by NMSDC or affiliated council.
Definition of Small Business Concerns:
Small Business Concern means a concern, including its affiliates, that is independently owned and operated, not dominant in the field of operation in which it is bidding, and qualified as a small business under the criteria and size standards in 13 CFR Part 121 (see FAR 19.102). |
