Disadvantaged Business definition

Disadvantaged Business means a small business concern: (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individual(s) or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individual(s) who own it. It is important to note that the business owners themselves must control the operations of the business. Absentee ownership or title ownership by an individual who does not take an active role in controlling the business is not consistent with eligibility as a DBE under CFR 49 Part 26.71.

Disadvantaged Business means a small business concern in which is, at least, 51 percent owned by one or more socially and economically disadvantaged individuals, or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically, disadvantaged individuals who own it.

Disadvantaged Business means a small business concern, (a) which is at least fifty-one percent (51%) owned by one or more socially and economically disadvantaged individuals or in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned by one or more socially and economically disadvantaged individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.

Examples of Disadvantaged Business in a sentence

The requirements of 49 CFR Part 26 and the State DOT’s FHWA-approved Disadvantaged Business Enterprise (DBE) program are incorporated by reference.
TIPS Members are entitled to inquire about general or project-specific Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation offerings, if any are offered by the Vendor.
A renewable energy Vendor’s Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation may be important to TIPS Members.
Participation Offerings Vendors may submit information related to Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation.
If a Vendor’s Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation offerings impact Vendor’s TIPS pricing, that must be considered in Vendor’s original proposal or modified as permitted by the terms of the contract.

Disadvantaged Business means a small business concern,

Disadvantaged Business means a for-profit small business concern that is majority-owned by one or

Disadvantaged Business means a small business which is owned or controlled by a majority of persons, not limited to members of minority groups, who have been deprived of the opportunity to develop and maintain a competitive position in the economy because of social disadvantage or disability.

Disadvantaged Business means a business that is all of the following:

Disadvantaged Business means a small business concern 1. which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individuals; and

Disadvantaged Business means any of the following: 1m. A sole proprietorship, partnership, limited liability com-