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Small Business Administration

Minority Enterprise Development

Sections 7(j) and 8(a) of the Small Business Act provide for the Minority Enterprise Development Program, designed to promote business ownership by socially and economically disadvantaged persons. Participation is available to small businesses that are at least 51 percent unconditionally owned, controlled, and managed by one or more individuals determined by the SBA to be socially and economically disadvantaged. Program participants receive a wide variety of services, including management and technical assistance, loans, and federal contracts.

Additional topics

Law Library - American Law and Legal InformationFree Legal Encyclopedia: Lemuel Shaw Biography to Special pleaSmall Business Administration - Financial Assistance, Government Contracting, Business Initiatives, Minority Enterprise Development, Advocacy, Women's Business Ownership - Disaster Assistance, Investment Assistance, Small Business Development Centers