engage magazine issue 006/\\\'08 | Page 38

Diverse Supplier
In the USA, a“ Diverse Supplier” can be categorised as one of the following:
38 ABBREVIATIONS

Diverse Supplier

Definition...

USA Definitions of a DIVERSE SUPPLIER

In the USA, a“ Diverse Supplier” can be categorised as one of the following:

“ Minority Business Enterprise”( MBE):
A for profit enterprise presently located in the United States or its trust territories, and is at least 51 % owned by African Americans, Hispanic Americans, Native Americans, Asian- Indian Americans and Asian-Pacific Americans. Individual( s) must be involved in the day-to-day management of the business.
African Americans are U. S. citizens whose origins are in any Black racial groups of Africa.
Hispanic Americans are U. S. citizens whose origins are in South America, Central America, Mexico, Cuba, the Dominican Republic, Puerto Rico, or the Iberian Peninsula, including Portugal.
Native Americans are American Indians, Eskimos, Aleuts, and Native Hawaiians.
Asian-Indian Americans are U. S. citizens whose origins are in India, Pakistan, Bangladesh, Sri Lanka, Bhutan, or Nepal.
Asian-Pacific Americans are U. S. citizens whose origins are in Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the U. S. Trust Territory of the Pacific Islands( Republic of Palau), the Northern Mariana Islands, Laos, Kampuchea( Cambodia), Taiwan, Burma, Thailand, Malaysia, Indonesia, Singapore, Brunei, Republic of the Marshall Islands, or the Federated States of Micronesia.
“ Woman Business Enterprise”( WBE):
A for profit enterprise presently located in the United States or its trust territories, and is at least 51 % owned, controlled, and operated by a woman or women of U. S. citizenship. Individual( s) must be involved in the day-to-day management of the business.
“ Disabled Business Enterprise”( DBE):
A for profit enterprise presently located in the United States or its trust territories, and is at least 51 % owned by an individual( s) of U. S. citizenship with a permanent physical or mental impairment which substantially limits one or more of such persons’ major life activities. Individual( s) must be involved in the day-to-day management of the business.
“ Disabled Veteran Business Enterprise”( DVE): A for profit enterprise presently located in the United States or its trust territories, and is at least 51 % owned by an individual( s) who have performed active service in one of the United States armed services and is disabled as defined above in DBE. Individual( s) must be involved in the day-to-day management of the business.
“ Veteran-Owned Small Business”( VOSB): A small business( as defined pursuant to Section 3 of the Small Business Act) presently located in the United States or its trust territories, and is at least 51 % owned by an individual( s) who have performed active service in one of the United States armed services. engage | uk ISSUE SIX 2008