MINORITY BUSINESS ENTERPRISE (MBE definition

MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

MINORITY BUSINESS ENTERPRISE (MBE means a business that owned and controlled by a person defined as Minority under section III (B) 1 through 5 and is currently certified as an MBE under this program.

MINORITY BUSINESS ENTERPRISE (MBE means any legal entity, except a joint venture, that is (a) organized to engage in commercial transactions, and (b) at least 51 percent owned and controlled by one or more individuals who are socially and economically disadvantaged including: African Americans;American Indian/Native Americans; Asians;Hispanics;Physically or mentally disabled individuals; Women; orA non-profit entity organized to promote the interests of physically or mentally disabled individuals.

Examples of MINORITY BUSINESS ENTERPRISE (MBE in a sentence

• MINORITY BUSINESS ENTERPRISE (MBE): means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U.

• MINORITY BUSINESS ENTERPRISE (MBE): Yes No A minority business is defined as an organization that is 51% owned, controlled and/or managed by minority group members.

• MINORITY BUSINESS ENTERPRISE (MBE) A business enterprise which is at least 51% owned operated and independently controlled by a person or persons who are minority group members.

• MINORITY BUSINESS ENTERPRISE (MBE) SET ASIDE: The State is committed to making more State contracts and opportunities available to minority business enterprises (MBE) certified by the Ohio Department of Administrative Services (DAS) pursuant to Section 123.151 of the Ohio Revised Code and Rule 123:2-15-01 of the Ohio Administrative Code.

• PLEASE INDICATE BELOW WHICH OF THE FOLLOWING DESCRIPTIONS APPLY TO YOUR COMPANY: MINORITY BUSINESS ENTERPRISE (MBE) – One of the following statements describes this business: a) Owned by a member of a minority race; or b) a partnership of which a majority of interest is owned by one or more members of a minority race; or c) a public corporation of which a majority of the common stock is owned by one or more members of a minority race.

More Definitions of MINORITY BUSINESS ENTERPRISE (MBE

MINORITY BUSINESS ENTERPRISE (MBE means a business that is at least 51% owned by one or more minority group members; or, in the case of a publicly- owned business, one in which at least 51% of its voting stock is owned by one or more minority group members, and whose management and daily business operations are controlled by one or more such individuals. For this purpose, minority group members include (a) Black persons having origins in any of the Black African racial groups; (b) Hispanic persons of Mexican, Puerto Rican, Dominican, Cuban, Central or South American descent of either Indian or Hispanic origin, regardless of race; (c) Native American or Alaskan native persons having origins in any of the original peoples of North American; (d) Asian and Pacific Islander persons having origins in any of the Far East countries, South East Asia, the Indian subcontinent or the Pacific Islands; and (e) those groups of United States citizens or resident legal aliens designated by the SmallBusiness Administration or any group designated in regulations developed by the Secretary of HUD.

MINORITY BUSINESS ENTERPRISE (MBE means any legal entity, except a joint venture, that is

MINORITY BUSINESS ENTERPRISE (MBE means a business which is an independent and continuing operation for profit, performing a commercially useful function, and is owned and controlled by one or more minority group members, as defined in Sections 1, 2 and 3, which group has been determined to have suffered discrimination requiring amelioration and is certified as such by the City.

MINORITY BUSINESS ENTERPRISE (MBE means any legal entity certified as defined at COMAR 21.01.02.01B (54) which is certified by the Maryland Department of Transportation under COMAR 21.11.03.

MINORITY BUSINESS ENTERPRISE (MBE means a business enterprise, including a sole proprietorship, partnership or corporation that is: (i) at least fifty-one percent (51%) owned by one or more Minority Group Members; (ii) an enterprise in which such minority ownership is real, substantial and continuing; (iii) an enterprise in which such minority ownership has and exercises the authority to control and operate, independently, the day-to-day business decisions of the enterprise; (iv) an enterprise authorized to do business in the State of New York and is independently owned and operated; and (v) an enterprise certified by New York State as a minority business.

MINORITY BUSINESS ENTERPRISE (MBE means a business which is an independent and continuing operation for profit, performing a commercially useful function as is owned and controlled by one or more non-White persons regardless of gender.

MINORITY BUSINESS ENTERPRISE (MBE means any legal entity, other than a joint venture, organized to engage in commercial transactions, that is at least 51 percent owned and controlled by one or more individuals who are in a minority group (African American, Native American, Asian, Hispanic, women, or the physically or mentally disabled) that is socially and economically disadvantaged, and managed and operated by one or more of the socially and economically disadvantaged individuals who own it, and is so certified by the Maryland Department of Transportation.