The MBHF&M is committed to preserving and recognizing the contributions of individuals and institutions that were pioneers in the development and growth of minority businesses globally and educating society on their accomplishments.


The Minority Business Hall of Fame and Museum (MBHF&M) was founded in 2004 to spotlight and record the achievements of the pioneers who ignited, and made possible, the development of minority business enterprises. The nonprofit organization was formed as a result of the collaborative efforts of John F. Robinson, president of the National Minority Business Council, Inc., New York; Don McKneely, president and publisher of the Business News Group; and Carol Daugherty Foster, editor of MBN USA.

Driven by a pressing need to record the history and evolution of minority-owned businesses in America and to celebrate the work of the architects and policies and programs that made minority business growth possible, the first Hall of Fame members were inducted at a ceremony on January 13, 2005, at the Harvard Club in New York City.