disadvantaged business enterprise
A Disadvantaged Business Enterprise (DBE) is a business that is at a disadvantage in the marketplace due to social and economic factors. This designation often applies to businesses owned by individuals from certain minority groups, women, or those who are economically disadvantaged. The goal of the DBE program is to promote equal opportunities in government contracting and procurement.
DBEs can benefit from various programs and resources designed to help them compete more effectively. These may include access to funding, training, and technical assistance. The program is often associated with federal and state initiatives, such as the U.S. Department of Transportation’s DBE program, which aims to ensure that these businesses have a fair chance to participate in public projects.