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In the United States, we have several legal mechanisms for categorizing ownership of businesses, including the SBA 8(a) Business Development program (https://ww
by mcculley 6y ago
In the United States, we have several legal mechanisms for categorizing ownership of businesses, including the SBA 8(a) Business Development program (https://www.sba.gov/category/business-groups/minority-owned https://www.sba.gov/category/business-groups/minority-owned) and the SBA Women-Owned Small Business Federal Contracting program (https://www.sba.gov/federal-contracting/contracting-assistance-programs/women-owned-small-business-federal-contracting-program https://www.sba.gov/federal-contracting/contracting-assistan...).
That's just for small businesses in general. When you look at purchasing entities such as the DoD and state governments, there are many such ways to identify ownership as belonging to a disadvantaged population.