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Apex Building Group, Inc. is a certified minority-owned business enterprise (MBE) [1] [2] that is led by Robert Horsford [3] and Lee Brathwaite. [4] The firm was founded in 1997 by Horsford. It has added or preserved more than 4,700 units of affordable housing in New York and the tri-state region. [5]
Minority business enterprise (MBE) is an American designation for businesses which are at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority and/or gender (e.g. woman-owned) and/or military veteran classifications: [citation needed] African American
Key statistics. There are over 161,000 Black-owned businesses in the U.S., according to the Census Bureau.. Black-owned businesses employed 1.4 million employees in 2021.
Diverse- and women-owned business enterprises are among the fastest-growing segments of the U.S. economy. Diverse-owned businesses generated an estimated $495 billion in annual revenue in 1997 [5] and employed nearly 4 million workers, while women-owned firms employed about 19 million people [6] and generated $2.5 trillion in annual sales.
Over the past five years, minority-owned firms were more likely to use personal savings to cover business expenses than other sources of funding Federal small business grants for minorities 1.
The Greater Seattle Business Association, described as "a business chamber for LGBTQ and allied businesses", was established by nine gay business owners in 1981. [14] In 2021, New York City recognized LGBTQ-owned businesses as part of their program to support and promote minority-owned businesses to provide mentorship, consulting and access to ...
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