What do the terms MBE, WBE, MWBE, and CBE refer to?
These acronyms refer to businesses certified by the State Office of Minority and Women’s Business Enterprises (OMWBE) as being owned and controlled by either minorities, women, or a combination. An MBE is a Minority Business Enterprise that is owned 51% by a minority; a WBE is a Women’s Business Enterprise that is owned 51% by a woman; an MWBE is a Minority Women’s Business Enterprise that is owned 51% by a minority woman; a CBE is a Combination Business Enterprise that is owned 50% by a minority male and 50% by a non-minority female.
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