What types of businesses qualify as a diverse owned business?
Businesses that are more than 50 percent owned and controlled by minorities, women, veterans, people with disabilities and/or members of the LGBTQ community are defined as a diverse owned business. Speficially, this includes:
- Minority Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned and controlled by African Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans or Asian-Indian Americans.
- Woman Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned and controlled by women, regardless of their ethnic background.
- Disabled Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned and controlled by a person with a disability, regardless of their ethnic background.
- LGBTQIA+ Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned and controlled by a person who identifies as lesbian, gay, bisexual, transgender, queer, intersexual, or asexual, regardless of their ethnic background.
- Service Disabled Veteran Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned by a service disabled veteran or veterans regardless of ethnic background or gender.
- Veteran Owned Business
An enterprise meeting the criteria of a business that is more than 50% owned by a veteran or veterans regardless of ethnic background or gender.