Disadvantaged Business Enterprises. Disabled Business Enterprise, Women's Business Enterprise, and Minority Business Enterprise – all known as DBE's and is a consideration for Federal funds guidelines of implementation.
Disadvantaged Business Enterprise – A DBE business demonstrates that 51% of those who own, operate, and control the business are socially disadvantaged due to chronic instances of prejudice or bias due to their identity as members of a group and the business' owners, operators, and controllers are economically disadvantaged due to diminished opportunity for competition in the open marketplace. For eligibility, see DSLBD's DBE Fact Sheet.
Disadvantaged Business Enterprise. A DBE is a for-profit, small-business concern that is at least 51 percent owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51 percent of the stock is owned by one or more such individuals; and whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it. Certification of DBEs by Mn/UCP according to minimum uniform criteria is required. Link to DBE Process Web page: http://www.dot.state.mn.us/eeocm/dbecertificationprocess.html
Disadvantaged Business Enterprise – The umbrella term for businesses owned by minorities (disadvantaged business enterprise), females (women business enterprise – WBE), and, in some instances, small business enterprises (SBE). DBE may mean one, two or all three of these in conversation. Agencies that accept federal funds are required to have a program that includes a non-mandatory target for expending a percentage of the federal funds with qualifying DBEs.
Disadvantaged Business Enterprise (see BOPP)
Disadvantaged Business Enterprise. A business owned and operated by one or more socially and economically disadvantaged individuals. Socially and economically disadvantaged individuals include African Americans, Hispanic Americans, Native Americans, Asian Pacific Americans or Asian Indian Americans and any other minorities or individuals found to be disadvantaged by the Small Business Administration (SBA) under Section 8 (a) of the Small Business Act.
Disadvantaged-Owned Business Enterprise This term includes both minority-owned (MBE) and women-owned (WBE) businesses.
This is a federal designation that stands for Disadvantaged Business Enterprises and is comprised of minority (African-American and Hispanic) and women-owned firms certified by the State of Illinois. Companies are certified after they prove at least 51 percent ownership by a person categorized as African-American, Hispanic and/or female.