Diverse Supplier Definition
 

CenterPoint Energy defines diverse suppliers per the guidelines of the National Minority Supplier Development Council, the Women’s Business Enterprise National Council and the U.S. Small Business Administration.

​National Minority Supplier Development Council:  A minority-owned business is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is 51% owned, operated and controlled by minority group members, defined from the following:  

  • Asian-Indian  - A U.S. citizen whose origins are from India, Pakistan or Bangladesh.
  • Asian-Pacific -A U.S. citizen whose origins are from Japan, China, Indonesia, Malaysia, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Thailand, Samoa, Guam, the U.S. Trust Territories of the Pacific or the Northern Marianas. 
  • African American - A U.S. citizen having origins in any of the Black racial groups of Africa.
  • Hispanic - A U.S. citizen of Hispanic heritage, from any of the Spanish-speaking areas of the following regions: Mexico, Central America, South America or the Caribbean Basin only.
  • Native American - A person who is an American Indian, Eskimo, Aleut or Native Hawaiian, and regarded as such by the community of which the person claims to be a part.

Women’s Business Enterprise National Council:   A Woman-Owned Business Enterprise is an independent business concern that is at least 51% owned and controlled by one or more women who are U.S. citizens or Legal Resident Aliens; whose business formation and principal place of business are in the US or its territories; and whose management and daily operation is controlled by one or more of the women owners.

  • U.S. Small Business Administration:  As defined by the Small Business Act, a small business concern is “one that is independently owned and operated and which is not dominant in its field of operation.” 
  • Small Business -- Depending on the industry, ‘small’ is defined by either the number of employees or average annual receipts of a business concern.  Website reference for size standards by NAICS code is: www.sba.gov/services/contractingopportunities/sizestandardstopics/index.html.
  • Small Disadvantaged Business - A small business that is at least 51 percent owned, operated and controlled by one or more individuals who are both socially and economically disadvantaged.
  • Woman-Owned Business - A small business that is at least 51% owned, operated and controlled by a woman or women.
  • Veteran-Owned Business - A small business that is at least 51% owned, operated and controlled by one or more veterans.
  • Service-Disabled Veteran-Owned Business - A small business that is at least 51% owned, operated and controlled by one or more veterans with a service-connected disability.
  • ​​HUBZone Business - A small business operating in a "Historically Underutilized Business Zone." HUB zones are defined at:  http://map.sba.gov/hubzone/init.asp.