What a minority-owned business?
When a business is a “minority-owned business”, it is 51% owned, operated and controlled by a minority group or United States citizen, male or female, who is: African American (Black), Spanish-Speaking American, American Oriental, American Indian, American Eskimo or American Aleut and meets the Small Business Administration standards for size and revenue and for their business status as described in the NAICS/SIC codes.
