What is Minority business enterprise?

Whether you're a beginner or an expert, you will find this Glossary useful.

Minority business enterprise refers to a business/company that's at least 51% owned, managed and controlled by one or more minority groups on a daily basis.

What-is-minority.business-enterprise


Minority business enterprise definition

Minority business enterprise refers to a business/company that's at least 51% owned, managed and controlled by one or more minority groups on a daily basis. It's most commonly found in the U.S. and their referent groups include African Americans, Asian Americans, Hispanic Americans or Native Americans citizens.

Minority business enterprises can self-identify as such, but will need an official certification to be legitimate. The certification is usually done by a city, state or federal agency.


Free Glossary of Human Resource Terms

Improve your HR vocabulary by learning the most important HR terms & Definitions

Download Now

2019 Guide for Buying a Recruiting Tool

Download this guide with useful advices for buying a recruiting software tool that will help you improve your hiring efforts.

Get the Guide
TalentLyft ATS

Your Hiring Teammate

TalentLyft is intuitive and simple recruitment software specialized for SMBs.
Try it free for 14 days!
No credit card required, unsubscribe at any time.