The business must be operational and active for at least one year. 

Status of U.S. Citizenship for minority owner(s) constituting majority ownership 

For-profit business 

The business must not be tied to another firm in such a way as to compromise its independence and control. 

Documented evidence of minority owner contribution of capital and/or industry expertise 

The business is at least 51% owned, managed, and controlled by a minority individual 

The business must be operational and active for at least one year. 

Status of U.S. Citizenship for minority owner(s) constituting majority ownership 

For-profit business 

The business must not be tied to another firm in such a way as to compromise its independence and control. 

Documented evidence of minority owner contribution of capital and/or industry expertise 

The business is at least 51% owned, managed, and controlled by a minority individual