An MBE is a minority business enterprise that is owned by a person who is a both a citizen of the United States, and who is a member of either the Asian, Black, Hispanic or Native American minority group.
Ownership by minority individuals means the business is at least 51% owned, controlled and operated by such individuals. In the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals i.e. the management and daily operations are controlled by those minority group members.
For purposes of NMSDC’s program, a minority group member is an individual who is a U.S. citizen with at least one quarter of the following:
Asian-Indian - A U.S. citizen whose origins are from India, Pakistan and Bangladesh.
Asian-Pacific - A U.S. citizen whose origins are from Japan, China, Indonesia, Malaysia, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Thailand, Samoa, Guam, the U.S. Trust Territories of the Pacific or the Northern Marianas.
Black - A U.S. citizen who is of African descent.
Hispanic - A U.S. citizen of true-born Hispanic heritage, from any of the Spanish-speaking areas of the following regions: Mexico, Central America, South America and the Caribbean Basin only. Brazilians (Afro-Brazilian, indigenous/Indian only) shall be listed under Hispanic designation for review and certification purposes.
Native American - A person who is an American Indian, Eskimo, Aleut or Native Hawaiian, and regarded as such by the community of which the person claims to be a part. Native Americans must be documented members of a North American tribe, band or otherwise organized group of native people who are indigenous to the continental United States and proof can be provided through a Native American Blood Degree Certificate (i.e., tribal registry letter, tribal roll register number).