1) First, relax -- at least for now. Unless you're reading this from China, you probably don't have much invested in these markets. Foreigners own just 1.5% of Chinese shares, according to Capital Economics. That number is growing, but only very gradually. 2) For Chinese investors, however, it's been a very wild ride.
For the purposes of NMSDC's program, a minority group member is an individual who is a U.S. citizen with at least 25 percent Asian-Indian, Asian-Pacific, Black, Hispanic or Native American heritage. Documentation to support the claim is required.
'It really is in the state's best interest to use all of our small businesses, including our minority-and woman-owned firms,' Jenkins says. Who is eligible: For most programs, at least 51 percent of a business needs to be owned by a member of a minority group in order to qualify for certification.he Small Business Administration's 8(a) Business Development Program helps minority-owned companies win contracts in the public sector. In order to comply with the Small Business Act, certain government agencies need to complete their federal contracts with 8(a) participants.