An ethnic Minority-Owned Business Enterprise (MBE) is defined as a business that is owned or controlled (greater than 50 percent) by the following persons or groups of persons that are also U.S. Citizens or Resident Aliens admitted for lawful admission to the United States: African Americans, Alaska Native, Asian, Asian Indian, Asian Pacific Americans, Hasidic Jews, Hispanic Americans, Native Americans, and Native Hawaiian or other Pacific Islanders.
Eligible nominees include, and are not limited to, business owners, business executives, nonprofit organizations, for-profit firms and 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 without regard to ethnic minority status.
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.
Presented to a group or individual that illustrates COVID-19 strategies that adapted to a fluid economy, and “New Normal,” successfully. Their methods include Creativity, Resiliency, Innovation, and Tenacity that play an integral role in the creative, technical, or professional progress of minority business development.
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