A Minority-Owned Business Enterprise is defined as a business that is owned or controlled (greater than 50 percent) by MBEs as defined by the MBDA Act. 15 U.S.C. §§ 9501(9), (15).
Eligible nominees include two distinct groups: the first group consists of MBEs, including for-profit and non-profit firms; and the second group comprises MED Week champions, which can include institutions, universities and colleges, and local, state, and federal government representatives.
The awards listed under Minority – Owned Firms Awards are reserved as minority business presentations.
The remaining MED Week Champion Awards, are open to qualified nominees .
Presented to the minority-owned firm that has achieved success in private or public sector projects and has exhibited revenue and job growth over a sustained two (2) year minimum timeframe.
Presented to an individual or organization demonstrating outstanding financial commitment, and leadership to the minority business community, e.g. traditional, and or alternative working or investment capital.
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