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Monthly Archives: May 2012

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How should a joint venture certified under the Airport Concessionaire Disadvantaged Business Enterprise (ACDBE) Program be structured?

Minority-Owned Business Written By: James R. Benjamin, Jr., Esquire A joint venture under the ACDBE Program refers to an association of an ACDBE business firm and one or more other firms to carry out a single, for-profit business enterprise, for which the parties combine their property, capital, skills and knowledge.  In structuring the joint venture, it is important to clearly identify the participants in the joint venture as well as the single, for-profit business enterprise … Continue reading