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Showing posts with the label minority-owned business

Are You Opting for MBE Application

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MBE or Minority Business Enterprise defines a  specific  group of  business owners and  entrepreneurs who are exclusively  American. There are MBE's involved in all sorts of products from electronic to environmental. While the acronym has become more and more popular over the years, a lot of people still don't understand what it is, how different it is from non-MBE's and what makes it significant. Moreover, why someone would ever need the MBE application when they are already having  some other  certifications qualifying  their entity? What’s  Exactly  an MBE? Technically, an MBE is any type of business which is owned predominantly by any American citizen belonging to any of the four government-recognized ethnic groups in the US, namely African Americans, Asian Americans and East Asian Americans, Hispanic Americans and Native Americans, including Aleuts.   In order  to  verify their  identity, MBE application   is  required.   What is the government's role in the instit