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MOSERS Definition
of minority is as follows:
"To qualify as a minority or women owned firm, such firm shall:
a. Be domiciled in the United
States;
b. Be owned or controlled
by one or more individuals who are women or who qualify as a minority as defined
below. Ownership is classified as having a controlling interest in the firm
of at least 51%; and
c. Have such women or minority
owners involved in the daily business operations of the firm. The term, “minorities”
means individuals socially and economically disadvantaged due to their race
or ethnic background including, but not necessarily limited to, Black Americans,
Native Americans, Asian-Pacific Americans, Subcontinent Asian Americans, and
Hispanics."
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