Your employer sets up an HRA for each participant. The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. Each plan year, your employer contributes a specified amount to each participantâs HRA. As long as there is money in your account, you can use the funds toward eligible HRA expenses.
Explanation: The Minority Business Development Agency (MBDA) is a bureau within the United States Department of Commerce. The Agency's mission is to promote the growth and competitiveness of minority business enterprises (MBEs).
A minority-owned business is defined as being owned, capitalized, operated and controlled by a member of an identified minority group. The business must be a for-profit enterprise which physically resides in the United States or one of it territories.Identified Minority groups are generally defined as having an ethnic background consisting of Asian, Black, Hispanic, East Asian Indian and/or Native American.he business must be a for-profit enterprise which physically resides in the United States or one of it territories. Identified Minority groups are generally defined as having an ethnic background consisting of Asian, Black, Hispanic, East Asian Indian and/or Native American.