Generally, the MBE company must be what percentage owned, operated, and directed by the minority or disadvantaged individual?

In the context of Minority Business Enterprises (MBEs), the requirement for ownership, operation, and control is typically set at a minimum of 51%. This means that a minority or disadvantaged individual must own more than half of the company, which establishes the business as a truly minority-owned entity.

This threshold is crucial because it ensures that the minority individual has a significant, controlling stake in the business and can influence the decision-making process. Many programs and certifications recognize this 51% ownership rule as a standard across various jurisdictions to qualify for benefits, contracts, or support specifically aimed at promoting minority-owned businesses. Therefore, having at least 51% ownership reflects a genuine commitment to empowering minority entrepreneurship and preventing tokenism in business ownership.