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Minority Owned
Minority business enterprise (MBE) is an American designation for businesses which are at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority and/or gender (e.g. woman-owned) and/or military veteran classifications: # African American # Asian American or Pacific Islander (includes West Asian Americans (Iran, etc.) and East Asian Americans (Japan, Korea, etc.)) # Hispanic American - A U.S. citizen of true-born Hispanic heritage, from any of the Spanish-speaking areas of the following regions: Mexico, Central America, South America and the Caribbean Basin only. Brazilians (Afro-Brazilian, indigenous/Indian only) shall be listed under Hispanic designation for review and certification purposes. # Native American, including Aleuts According to the Minority Business Development Agency, minorities own more than 8 million firms, and account for nearly $1.4 trillion in revenues. MBEs can self-identify ...
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Ethnic Minority
The term "minority group" has different meanings, depending on the context. According to common usage, it can be defined simply as a group in society with the least number of individuals, or less than half of a population. Usually a minority group is disempowered relative to the majority rule, majority, and that characteristic lends itself to different applications of the term minority. In terms of sociology, economics, and politics, a demographic that takes up the smallest fraction of the population is not necessarily labelled the "minority" if it wields dominant power. In the academic context, the terms "minority" and "majority" are used in terms of hierarchical power structures. For example, in South Africa, during Apartheid, white Europeans held virtually all social, economic, and political power over black Africans. For this reason, black Africans are the "minority group", despite the fact that they outnumber white Europeans in South Africa. This is why academics more fre ...
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Associated General Contractors Of America
The Associated General Contractors of America (AGC) is a trade association in the United States construction industry,About us
AGC. Accessed: 5 August 2016.
with headquarters in Arlington, .


History

The AGC was founded in November, 1918 to address problems identified during .
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Business Models
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates Profit (economics), profit. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including Mission statement, purpose, business process, target market, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational ...
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Business Terms
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Cor ...
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Disadvantaged Business Enterprise
A disadvantaged business enterprise is a business entity so certified in the United States by the government of the State in which it is located. SAFETEA provides that the Secretary of Transportation will provide uniform criteria for certification, and that at least ten percent of the amounts made available for any Federal-aid highway, mass transit, and transportation research and technology program be expended with certified DBEs. See also * Minority business enterprise Minority business enterprise (MBE) is an American designation for businesses which are at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority and/or gender (e ... References Transportation in the United States {{transport-stub ...
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Woman Owned Business
A woman-owned business is a specific designation used by government agencies and industry associations to identify a business organization owned and operated by female business owners. Most definitions of this term involve a practical look at the legal and ownership structure, as well as the issue of control of the day-to-day operations of a business. Support for woman business owners Research shows that in most countries there are significant challenges for women business owners in comparison to men business owners. These challenges stem from many sources, including social and cultural stigmas, family and child-rearing responsibilities, maternity needs, educational background, career experience, and community support. Depending on the country in which a woman resides and/or is a citizen, there may be government or non-profit support for female business owners. There are several U.S. organizations that provide third-party women-owned certifications and support including: U.S. W ...
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Black-owned Business
In the United States, black-owned businesses (or black businesses), also known as African American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction era (1865–77) and afterwards. By the 1890s, thousands of small business operations had opened in urban areas. The most rapid growth came in the early 20th century, as the increasingly rigid Jim Crow system of segregation moved urban blacks into a community large enough to support a business establishment. The National Negro Business League—which Booker T. Washington, college president, promoted—opened over 600 chapters. It reached every city with a significant black population.“The Legacy.” The National Business League, 31 Jan. 2024, nationalbusinessleague.org/the-legacy-2/. African-Americans have operated virtually every kind of company, but some of the most prominent black-owned b ...
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FOIL Request
Freedom of information in the United States relates to the public's ability to access government records, meetings, and other information. In the United States, freedom of information legislation exists at all levels of government: federal level, state level, and local level. Federal level Since the founding of the United States, the public's right to know the affairs of their government has been foundational democracy. James Madison wrote during the United States Constitutional Convention, "The right of freely examining public characters and measures and free communication, is the only effective guardian of every other right." Several federal laws have strengthened the public's ability to access public records. Federal legislation The most important was the Freedom of Information Act, signed into law on July 4, 1966, by President Lyndon Johnson. * Administrative Procedure Actbr>PL 79-404; 1946* Freedom of Information Actbr>PL 85-619; 1966* Federal Advisory Committee Act ...
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Business Insiders
''Business Insiders'' is a business news talk show aired weekdays from 6 to 6:30 PM ET on CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ... between 1992 and 1997. The show was hosted by Ron Insana and Neil Cavuto. References CNBC original programming American television news shows Year of television series debut missing 1990s American television talk shows Year of television series ending missing Business-related television series 1997 American television series endings {{US-news-tv-prog-stub ...
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African Americans
African Americans, also known as Black Americans and formerly also called Afro-Americans, are an American racial and ethnic group that consists of Americans who have total or partial ancestry from any of the Black racial groups of Africa. African Americans constitute the second largest ethno-racial group in the U.S. after White Americans. The term "African American" generally denotes descendants of Africans enslaved in the United States. In 2023, an estimated 48.3 million people self-identified as Black, making up 14.4% of the country’s population. This marks a 33% increase since 2000, when there were 36.2 million Black people living in the U.S. African-American history began in the 16th century, with Africans being sold to European slave traders and transported across the Atlantic to the Western Hemisphere. They were sold as slaves to European colonists and put to work on plantations, particularly in the southern colonies. A few were able to achieve freedom th ...
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LGBT-owned Business
LGBTQ-, or queer-owned businesses are businesses owned and often operated by members of the LGBTQIA+ community. They may also be described as being owned by specific subgroups, such as gay-, lesbian-, or trans-owned businesses. Many queer-owned businesses cater specifically to marginalized people by offering products that are not otherwise widely available. They are commonly more likely to have difficulty acquiring financial backing. Some government institutions and municipalities have special programs to support minority-owned businesses and have started to include LGBTQ-owned businesses in such programs. In 2022, Charlie Sprinkman created the website ''Everywhere Is Queer'' to help promote queer-owned businesses around the world. Canada Cape & Cowl is among LGBTQ-owned businesses in Canada. Mexico Paco Ruiz opened Club Paco Paco (later known as Paco's Ranch) in Puerto Vallarta, Jalisco, in December 1989. According to Ed Walsh of ''SFGate'', "At the time, Jalisco didn't ha ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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