What qualifies a business as minority- or women-owned?
• For the purpose of our Supplier Diversity Program, minority- and women-owned companies must be certified and are defined as: A minority-owned business is a for-profit enterprise, and must also be: • At least 51 percent owned by one or more minority individuals, or in the case of a publicly owned business, at least 51 percent of the stock must be owned by one or more minority individuals. • A company whose management and daily business operations are controlled by one or more minority individuals. A women-owned business is a for-profit enterprise, and must also be: • At least 51 percent owned by one or more women, or in the case of a publicly owned business, at least 51 percent of the stock must be owned by one or more women. • company whose management and daily business operations are controlled by one or more women.
Related Questions
- How does a vendor become certified as a Minority/Women-Owned Business Enterprise (M/WBE) or a Historically Underutilized Business (HUB) vendor?
- Benefits of Being in the City New Business Checklist Minority and Women-Owned Businesses Building Permits Streetfinder Map Wheres My House?
- What qualifies a business as minority- or women-owned?
