Minority or Women-Owned Business Enterprise definition

Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:
Minority or Women-Owned Business Enterprise means either a
Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is: (a) at least fifty-one percent owned and controlled by the minority members and/or women; (b) an enterprise in which such minority and/or women ownership interest is real, substantial and continuing; (c) an enterprise in which such minority and/or women ownership has and exercises the authority to independently control the day-to-day business decisions; and (d) an enterprise independently owned, operated and authorized to do business in New York State.

Examples of Minority or Women-Owned Business Enterprise in a sentence

  • If Contractor is awarded Lot 1 as a New York State Certified Minority- or Women- Owned Business Enterprise or as a New York State Small Business, Contractor agrees that it must retain at least one of such statuses to retain its Lot 1 award.

  • New York State highly encourages the use of Small Business and Minority or Women Owned Business Enterprise (M/WBE) Resellers.

  • The purpose of the NCTRCA shall be to review, process, and complete applications for certification as a: Minority or Women Owned Business Enterprise (“M/WBE”).

  • The Borrower [ ] is [ ] is not a Minority or Women Owned Business Enterprise as defined in the Lender Participation Agreement.

  • By Date: CoopLB is is not a Minority or Women Owned Business Enterprise (MWOB).


More Definitions of Minority or Women-Owned Business Enterprise

Minority or Women-Owned Business Enterprise means an entity that has been certified by the New York State Division of Minority and Women’s Business Development as a Minority or Women-Owned Business Enterprise.
Minority or Women-Owned Business Enterprise means a Wyoming Business Enterprise more than fifty percent (50%) of which is owned by women and/or persons who are members of a minority group. For purposes of this definition, minority group members are African/Black Americans, Hispanic- Americans, Asian-Americans, American Indians/Native Americans, American Eskimos and American Aleuts.
Minority or Women-Owned Business Enterprise means a Idaho Business Enterprise more than fifty percent (50%) of which is owned by women and/or persons who are members of a minority group. For purposes of this definition, minority group members are African/Black Americans, Hispanic-Americans, Asian-Americans, American Indians/Native Americans, American Eskimos and American Aleuts. The Lender may rely on written representations by Borrowers regarding their status as a Minority or Women Owned Business Enterprise and need not conduct an independent investigation.

Related to Minority or Women-Owned Business Enterprise

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Minority-owned business means a business concern which is at least 51% owned by one or more minority persons, or in the case of a corporation, at least 51% of the stock in which is owned by one or more minority persons; and the management and daily business operations of which are controlled by one or more of the minority individuals who own it.

  • 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.

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Certified Minority Business Enterprise means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).

  • Disadvantaged Business Enterprise means a for-profit small business concern that is at least 51% owned by one or more individuals who are both socially and economically disadvantaged individuals or, in the case of a corporation, in which 51% of the stock is owned by one or more such individuals; and whose management and daily business operations are controlled by one or more socially and economically disadvantaged individuals who own it.

  • Disadvantaged Business Enterprise (DBE) means a firm certified as such by the Department in accordance with 49 CFR Part 26.

  • Veteran-owned business means a business that is at least 51% owned by a veteran or veterans who are U.S. citizens and who control and operate the business

  • Female owned business means a business concern which is at least 51% owned by one or more women, or, in the case of a corporation, at least 51% of the stock in which is owned by one or more women; and the management and daily business operations of which are controlled by one or more of the women who own it.

  • Women-owned business concern means a concern which is at least 51 percent owned by one or more women; or in the case of any publicly owned business, at least 51 percent of its stock is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • Black woman-owned enterprise means an enterprise with at least 25, 1% representation of black women within the black equity and management portion.

  • Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

  • Group Business Entity means;

  • Disabled Veteran Business Enterprise (DVBE) means a business concern certified as a DVBE by the Office of Small Business Certification and Resources, Department of General Services.

  • Domestic business entity means a business entity organized under the laws of this state, including but not limited to a limited liability company as defined in section 489.102; a corporation organized pursuant to chapter 490; a nonprofit corporation organized under chapter 504; a partnership, limited partnership, limited liability partnership, or limited liability limited partnership as provided in chapter 486A or 488; or a cooperative association or other cooperative organized under this chapter or chapter 497, 498, 499, or 501.

  • Community or broad-based enterprise means an enterprise that has an empowerment shareholder who represents a broad base of members such as a local community or where the benefits support a target group, for example black women, people living with disabilities, the youth and workers. Shares are held via direct equity, non-profit organisations and trusts.