Minorea focuses only on outreach initiatives that are aligned with our purpose, that is of helping disadvantaged businesses grow. What is considered a disadvantaged business?
Disadvantaged businesses include:
- Business owners with a personal net worth that does not exceed $1.32 million and a business-size with an average annual gross receipt, not to exceed $23.98 million.
- 51% minority and/or woman ownership of a business, a minority group member is an individual who is at least 25% Asian, Black, Hispanic, or Native American.
- 51% veteran-owned company and must have been honorably discharged from service or identified as a service-disabled veteran.
- 51% of LGBT owned company that controls, manages, operates, and owns.