The Impact of Black Owned Businesses in America

Who is driving Black business growth? Insights from the latest data ...

From 2019 to 2020, Black-owned businesses grew by 6,351 firms, or 4.72%—behind Latino or Hispanic (8.19%) and Asian American (5.33%) firms, but ...

A look at Black-owned businesses in the U.S. - Pew Research Center

While Black-owned businesses have grown significantly in the U.S. in recent years, they still make up a small share of overall firms and revenue ...

The big economic impact of black-owned small businesses

Black-owned businesses in the US generated $206 billion in annual revenue and supported 3.56 million US jobs.

The Impact of Black Owned Businesses in America

Only 4% of Black-owned businesses survive the start-up stage, even though 20% of Black Americans start businesses.

Inside the Black business boom that's reshaping America's ... - Fortune

Black-owned businesses in the US are major contributors to the economy, generating $206 billion in annual revenue and supporting 3.56 million US jobs.

A history of Black-owned businesses in the US - Hiscox

Black-owned businesses have a long and rich history in the United States. But today minority-owned businesses have a harder time getting access to capital ...

Black-Owned Businesses Face Significant Obstacles. Anti-Racial ...

The result, the 2024 State of Black Business report, finds that Black Americans are drastically underrepresented among business owners relative ...

Black-owned businesses in U.S. cities: The challenges, solutions ...

In 2019, there were a total of 5,771,292 employer firms (businesses with more than one employee), of which only 2.3% (134,567) were Black-owned, ...

The Impact of Black-Owned Small Businesses in the U.S.

As organizations and companies across the country find ways to honor Black History Month in February, some look to the importance and impact of black-owned ...

SUPPORTING GROWTH OF BLACK-OWNED BUSINESSES

BLACK-OWNED BUSINESSES RECEIVED LESS OUTSIDE EQUITY. Lack of diversity in venture capital poses a hurdle for Black-led startups seeking funding. In the U.S., ...

2024 Black-Owned Business Statistics - Lendio

There are an estimated 3.7 million Black-owned businesses in the United States and an estimated 161,422 Black-owned businesses with at least one ...

Black Entrepreneurs Breaking Barriers - Prosperity Now

When we support Black-owned businesses, we are investing in the success and prosperity of our communities. By consciously choosing to patronize ...

Why Empowering Black-owned Businesses Matters - Bpeace

These disparities do more than cost Black and Latino owners—they cost the U.S. economy. The Brookings Institution notes that Black businesses ...

Black-owned businesses can help close the racial wealth gap. US ...

Increasing the number of Black-owned businesses that create jobs in their communities will help reduce the racial wealth gap, ...

The Power of Black-Owned Businesses: Supporting Economic ...

Black-owned businesses are significant contributors to job creation and economic growth. According to research, small businesses, including ...

Increase in Number of U.S. Black-Owned Businesses From 2017 to ...

The number of US Black-owned businesses grew from 2017 to 2019 in all sectors of the US economy, according to the US Census Bureau's Annual Business Survey ( ...

The State of Black Business - Alliance for Entrepreneurial Equity

According to the US Census Bureau's Annual Business Survey, there were 149,326 Black-owned employer businesses in 2021—an increase of 34,515 ...

Black Businesses Matter

There were more than 1 million Black-owned businesses in the U.S. at the beginning of February, according to research from Stanford University, which drew from ...

Reports Show Black Small Businesses Still Face Major Challenges

Last fall, the U.S. Census Bureau released the 2021 Annual Business Survey (covering 2020), showing an estimated 140,918 Black-owned businesses ...

Black Business Month: Celebrating Black Excellence in Business ...

According to U.S. Census Bureau data, there are 3.6 million Black-owned businesses in the United States, generating $217 billion in annual ...