Supplier Diversity Program

Classification

Supplier Diversity Definition

A minority-owned business is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is owned, operated and controlled by minority group members. “Minority group members” are United States citizens who are Asian, Black, Hispanic and Native American. Ownership by minority individuals means the business is at least 51 percent owned by such individuals or, in the case of a publicly owned business, at least 51 percent of the stock is owned by one or more such individuals. Further, the management and daily operations are controlled by those minority group members. For more information, visit the National Minority Supplier Development Council.

Supplier Diversity Categories

*WBE = Women-owned business
*MBE = Minority-owned business
*VBE = Small Veteran Business Enterprise (all other veteran categories are here)
*DBE = Disadvantaged business (e.g., women-owned construction business)
*HUB zone-small business must be located in an area that is located in a qualified census tract or a qualified non-metropolitan county. In addition, to qualify as a HUB Zone firm, a business must be owned and controlled by one or more U.S. citizens, and at least 35 percent of its employees must reside in a HUB zone.

Ethnic Legend

AI = Asian-Indian American
AP = Asian Pacific American
BA = Black African American
HI = Hispanic American
NA = Native American

The ethnicity code is added to the MBE, such as MBE-AI