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Define: MINORITY BUSINESS ENTERPRISE (MBE)

The meaning of “MINORITY BUSINESS ENTERPRISE (MBE)” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

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🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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What is the most popular definition of 'MINORITY BUSINESS ENTERPRISE (MBE)'?

MINORITY BUSINESS ENTERPRISE (MBE) means an entity primarily owned and governed by disadvantaged minority group members, certified by a [relevant organization].