How does the Diverse Business Partners Program define a “minority-owned” business?
A. Major League Baseball follows established corporate and government standards and definitions for these terms. Ownership by minority individuals means the business is at least 51% owned by such individuals (Black [African American], Hispanic, Asian or Native American). In the case of a publicly owned business, one or more such individuals own at least 51% of the stock. Furthermore, a minority group member controls the management and daily operations. Additional definitions as listed by the National Minority Supplier Development Council, Inc. include: Black (African American): A U.S. citizen having origins in any of the Black racial groups of Africa. Hispanic: A U.S. citizen of trueborn Hispanic heritage, from any of the Spanish-speaking areas of Latin America or the following regions: Mexico, Central America, South America and the Caribbean Basin only. Asian-Indian: A U.S. citizen whose origins are from India, Pakistan and Bangladesh. Asian-Pacific: A U.S. citizen whose origins are f
