Supplier Diversity Terms Flashcards
(6 cards)
Minority Business Enterprise (MBE)
A business that is at least 51% owned, operated, and controlled by minority group members
Women Business Enterprise (WBE)
A business that is at least 51% owned, operated, and controlled by one or more women
Disadvantaged Business Enterprise (DBE)
A for-profit small business that is at least 51% owned by socially and economically disadvantaged individuals
Veteran-Owned Business (VOB)
A business that is at least 51% owned, operated, and controlled by one or more veterans
Service-Disabled Veteran-Owned Business (SDVOB)
A business owned and controlled by service-disabled veterans
HUBZone Business
A small business operating in a Historically Underutilized Business Zone