Minority-Owned Businesses Key Terms

Get an overview of minority-owned businesses by learning the key terms and facts

Minority-owned businesses are multiplying faster than any other kind of individual and joint business ventures in the United States today. Like any emerging market, minority-owned businesses encounter unique challenges, such as how to attract equity investors and how to find cost-effective advertising solutions. Whether you're starting a minority-owned business or you're contemplating an investment, you'll benefit from learning key facts and terms related to this dynamic new market.

Angel Capital Electronic Network (ACE-Net)

Angel Capital Electronic Network (ACE-Net) is an organization formed in 1995 by the Federal government to help minority-owned businesses and other entrepreneurs find sources of funding.

Angel investors

Angel Investors are individuals or groups who invest in minority-owned businesses and other new businesses that they believe have potential for growth.

Minority Business Network

The Minority Business Network is an internet-based, independently run agency whose purpose is to help minority-owned businesses grow.

Empowerment services

Empowerment services are various strategies used by minority business owners to create opportunities for investment in largely minority communities.

Minority, Women and Disabled Participation Loan Program

Many states have created minority, women, and disabled participation loan programs that provide financial assistance and other personalized services to start up businesses owned by minorities.

Capital Access Contract Loan Program

The Capital Access Contract Loan Program was created by the Federal Small Business Act so that businesses with fewer opportunities for equity investments can receive government grants to fund start-up costs.