Disadvantaged Business Enterprise Law and Legal Definition
A disadvantaged business enterprise (DBE) is defined as “a for-profit small business that is (1) at least 51 % owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of the stock is owned by one or more such individuals; and (2) whose management and daily business operations are controlled by one or more socially and economically disadvantaged individuals who own it.” United States ex rel. Laymon v. Bombardier Transp. United States, 2009 U.S. Dist. LEXIS 70420 (W.D. Pa. Aug. 11, 2009)
