{"id":4939,"date":"2022-01-07T13:27:13","date_gmt":"2022-01-07T13:27:13","guid":{"rendered":"http:\/\/43.204.200.242\/hr-glossary\/minority-business-enterprise\/"},"modified":"2022-04-23T21:22:02","modified_gmt":"2022-04-23T15:52:02","slug":"minority-business-enterprise","status":"publish","type":"hr-glossary","link":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise","title":{"rendered":"Minority Business Enterprise"},"content":{"rendered":"

Minority Business Enterprise is the value added to a company if it somehow meets the criteria of being an MBE or at least 51% of it being owned by a minority group. For example, suppose there are 1000 companies in a given industry sector, and 200 of them meet the criteria for being an MBE. In that case, that sector has 20% MBE set aside from its Caucasian community alone. It means that more opportunities will be handy for minorities to compete as equals with their Caucasian counterparts.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-4939","hr-glossary","type-hr-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nMinority Business Enterprise | Meaning & Definition | Akrivia HCM<\/title>\n<meta name=\"description\" content=\"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minority Business Enterprise\" \/>\n<meta property=\"og:description\" content=\"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise\" \/>\n<meta property=\"og:site_name\" content=\"Akrivia HCM\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AkriviaHCM\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-23T15:52:02+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@AkriviaHCM\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/minority-business-enterprise\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/minority-business-enterprise\",\"name\":\"Minority Business Enterprise | Meaning & Definition | Akrivia HCM\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#website\"},\"datePublished\":\"2022-01-07T13:27:13+00:00\",\"dateModified\":\"2022-04-23T15:52:02+00:00\",\"description\":\"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/minority-business-enterprise#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/minority-business-enterprise\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/minority-business-enterprise#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/akriviahcm.com\\\/resources\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Minority Business Enterprise\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#website\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/\",\"name\":\"Akrivia HCM\",\"description\":\"Hire to Retire HCM Suite\",\"publisher\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#organization\"},\"alternateName\":\"Akriviahcm.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#organization\",\"name\":\"Akrivia HCM\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"Akrivia HCM\"},\"image\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/AkriviaHCM\",\"https:\\\/\\\/x.com\\\/AkriviaHCM\",\"https:\\\/\\\/instagram.com\\\/akriviahcm\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/akrivia-hcm\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Minority Business Enterprise | Meaning & Definition | Akrivia HCM","description":"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise","og_locale":"en_US","og_type":"article","og_title":"Minority Business Enterprise","og_description":"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.","og_url":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise","og_site_name":"Akrivia HCM","article_publisher":"https:\/\/www.facebook.com\/AkriviaHCM","article_modified_time":"2022-04-23T15:52:02+00:00","twitter_card":"summary_large_image","twitter_site":"@AkriviaHCM","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise","url":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise","name":"Minority Business Enterprise | Meaning & Definition | Akrivia HCM","isPartOf":{"@id":"https:\/\/akriviahcm.com\/resources\/#website"},"datePublished":"2022-01-07T13:27:13+00:00","dateModified":"2022-04-23T15:52:02+00:00","description":"Minority Business Enterprise refers to businesses that are at least 51% owned, managed, and controlled by minorities on a daily basis.","breadcrumb":{"@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/minority-business-enterprise#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/akriviahcm.com\/resources"},{"@type":"ListItem","position":2,"name":"Minority Business Enterprise"}]},{"@type":"WebSite","@id":"https:\/\/akriviahcm.com\/resources\/#website","url":"https:\/\/akriviahcm.com\/resources\/","name":"Akrivia HCM","description":"Hire to Retire HCM Suite","publisher":{"@id":"https:\/\/akriviahcm.com\/resources\/#organization"},"alternateName":"Akriviahcm.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/akriviahcm.com\/resources\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/akriviahcm.com\/resources\/#organization","name":"Akrivia HCM","url":"https:\/\/akriviahcm.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/akriviahcm.com\/resources\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"Akrivia HCM"},"image":{"@id":"https:\/\/akriviahcm.com\/resources\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/AkriviaHCM","https:\/\/x.com\/AkriviaHCM","https:\/\/instagram.com\/akriviahcm\/","https:\/\/www.linkedin.com\/company\/akrivia-hcm\/"]}]}},"_links":{"self":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/hr-glossary\/4939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/hr-glossary"}],"about":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/types\/hr-glossary"}],"wp:attachment":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/media?parent=4939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}