Minority-owned businesses are companies that are at least 51% owned, operated, and controlled by individuals from specific minority groups. These groups often include African Americans, Hispanic Americans, Native Americans, Asian Americans, and Pacific Islanders. These businesses play a vital role in promoting diversity and economic growth within their communities. In many countries, minority-owned businesses may qualify for special programs and resources designed to support their development. This can include access to funding, training, and networking opportunities. Such initiatives aim to help these businesses overcome challenges and contribute to a more inclusive economy.