Tag Archives: minority

Becoming a minority-owned business (MOB) involves obtaining certification from a government agency or an approved third-party organization that verifies the business is at least 51% owned, controlled, and operated by a minority group member or members. This certification recognizes and supports businesses owned by individuals who have historically faced barriers in accessing capital and opportunities.

MOBs play a vital role in promoting economic growth and inclusivity. They contribute to job creation, innovation, and the diversification of the business landscape. By supporting MOBs, we foster a more equitable and just economy where businesses of all backgrounds have the chance to succeed.

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