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How does the state of Georgia define a minority business?

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How does the state of Georgia define a minority business?

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According to the Georgia Department of Administrative Services (DOAS), the state defines a minority business (or Minority Business Enterprise – MBE) as one that is owned or controlled by one or more minority persons and is authorized to and is doing business under the laws of this state, paying all taxes duly assessed, and domiciled within this state. Owned and Controlled” means a business: Which is at least 51 percent owned by one or more minorities or, in the case of a publicly owned business, at least 51 percent of all classes or types of the stock is owned by one or more minorities; and 8 Whose management and daily business operations are controlled by one or more minorities. In the administering of purchasing activities and vendor registration, the state recognizes five (5) minority groups: Asian American, Native American, African American, Hispanic/Latino and Pacific Islander. How do I certify my business as a minority business in the state of Georgia? To certify your company as

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According to the Georgia Department of Administrative Services (DOAS), the state defines a minority business (or Minority Business Enterprise – MBE) as one that is owned or controlled by one or more minority persons and is authorized to and is doing business under the laws of this state, paying all taxes duly assessed, and domiciled within this state.

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