Minority owned definition

Minority owned means, with respect to any entity, an entity regarding which Minority Members own more than a 50% of each Means of Control in such entity.

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Minority owned means that more than 50 per cent of the voting shares or interest in the business is owned, controlled and operated by individuals who are members of a minority and with respect to which more than 50 per cent of the net profit or loss attributable to the business accrues to shareholders who are members of a minority.

Minority owned means a certified minority

Examples of Minority owned in a sentence

• It is the policy of the City of Chicago that local businesses certified as Minority- owned Business Enterprises (MBE) and Women-owned Business Enterprises (WBE) in accordance with Section 2-92-450 of the Municipal Code of Chicago and Regulations Governing Certification of Minority and Women-owned Businesses shall have the maximum opportunity to participate fully in the performance of all City contracts.

• Supplier Diversity Support Enterprise will support the University’s and VASCUPP’s SWAM (Small, Woman, and Minority) owned business program by committing to annually supporting the SWAM Fest conference by contributing $3,000 each year during the term hereof.

• Developers will seek to award not less than twenty (20%) percent of the total construction contract dollars of each Development Phase to qualified Minority owned firms and not less than ten (10%) percent of the total construction contract dollars for each Development Phase to qualified women owned firms.

• OBJECTIVES‌ WORK ELEMENT 1 - STRATEGIC ADVISEMENT (TO WSDOT)‌ Reporting directly to the Director of the STATE OECR, the CONSULTANT shall provide strategic advisement to the STATE regarding DBE, Small Business, Veteran Business, and Minority owned business availability, capacity, and willingness to work on WSDOT projects.

• Minority owned businesses (Section 8(a)) must be at least 51 percent unconditionally and directly owned by one or more socially and economically disadvantaged individuals who are citizens of the United States (CFR Title 13 Part 124).

• Through this CBA, the parties to this agreement will generate job training and employment opportunities targeted to community residents in need of training and employment; will generate business opportunities for St. Louis area Minority owned and Women owned businesses and will generate internship and other educationally related opportunities to targeted community school children.

• Signature Date 02/21/2020 Confidentiality Claim Form rev 02272019 RSM4GOV RSM Consulting LLC ▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ RSM Consulting LLC dba RSM4GOV is Small, Minority owned Business Enterprise incorporated in the State of Arizona.

• The City requires that each minority and woman-owned business become a certified Small, Woman and Minority owned business (SWAM) by the State Department of Minority Business Enterprises (DMBE).

• In implementing Urban Renewal Housing Projects, including but not limited to Urban Renewal Housing Projects implemented through agreements with developers or other third parties who then enter into the construction and other contracts necessary for the project, PHB will employ its best efforts to meet or exceed the City’s MWESB goals and objectives for Emerging Small Businesses, Women and Minority owned- businesses and apprenticeships.

• The FRHA seeks and encourages business with other disadvantaged businesses such as MBEs (Minority owned Business Enterprises) and WBEs (Woman Owned Business Enterprises).

More Definitions of Minority owned

Minority owned and “Diverse-Owned” means a nonprofit in which the majority (at least 51%) of the company is owned and run on a daily basis by a person of color (or people of color) of the following racial or ethnic groups: African American/Black, Asian, Native American or Alaska Native, or Native Hawaiian or Pacific Islander, or Latino/Hispanic.

Minority owned means as applied to an otherwise Eligible Business, that the Eligible Business is at least fifty-one percent (51%) directly and unconditionally owned and controlled by one or more, or any combination of, Black or African Americans; Hispanic Americans; Native Americans (Alaska natives, native Hawaiians, or enrolled members of a federally or State recognized Indian tribe); Asian Americans; Arab or Middle Eastern Americans.

Minority owned business means a business that is at least 51% owned by a person (or persons) who have full operational control of the business, are African American, Hispanic, Native American, Asian or other similar minority race designation, and otherwise meet our requirements to purchase a license.