A Minority Business Enterprise (MBE) is one which is owned and controlled by at least fifty-one percent (51%) minority member(s). Minority group members are citizens or Permanent Residents of the United States who are Black, Hispanic, Asian Pacific Islanders, American Indians, or Alaskan Natives. A Women Business Enterprise (WBE ) is one that is at least fifty-one percent (51%) owned and controlled by a woman or women who are citizens or Permanent Residents of the United States.
The primary goal of City's MBE/WBE Program is to create an environment that:
- promotes meaningful business opportunities
- builds productive partnerships
- creates successful integration of M/WBE firms within the business infrastructure of the City of Indianapolis
To achieve these goals, City concentrates its M/WBE Program in three areas:
- communications and education
- procurement procedures and partnerships
- internal accountability