MWBE (Minority/Women-Owned Business Enterprise)
Minority/Women-Owned Business Enterprises (MWBEs) are businesses that are at least 51% owned, operated and controlled by a minority or woman. MWBEs represent an important source of goods and services for many government agencies. Procurement departments recognize the importance of MWBEs in providing cost savings, developing new job opportunities and driving innovation in the procurement process. MWBEs can provide unique perspectives, specialized services and competitive pricing, helping to ensure that procurement practices are fair, equitable and effective.