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Definitions and Resources


Diverse Business Classification Chart

MBE
Minority Business Enterprise (African-American, Hispanic-American, Asian Pacific-American, Asian Indian-American, Native-American): includes male and female business owners who are African American, Hispanic, Native American, Native Alaskan, Asian Pacific, Subcontinent Asian Americans (East Indian), and members of other groups designated from time to time by the SBA. Minority business status requires 51% or greater ownership by minorities as well as management and control of daily business operations, with experience or technical expertise directly related to the primary product or service of the business.

WBE
Woman Business Enterprise:  non-minority women who own 51% or more of the business as well as management, control and technical expertise as stated above.

SDVOB
Service Disabled Veteran Owned Business 

8a
SBA Small Business Development Program

SBA
Small Business Administration

 

Minority and Women Purchasing Legislation, Service Disabled Veteran Owned Business Purchasing Legislation, and Small Business Facts

NYS Article 15-A outlines NYS's MWBE Program
View the legislation
NYS Article 17-B outlines NYS's SDVOB Program
View the legislation

Small Business Administration
US Small Business Administration Office of Advocacy