Black Women Start More Businesses Than White Men

In the United States, an astounding 17% of Black women are in the process of starting or running new businesses.
-A +A
0

Photo: YouTube

In the United States, an astounding 17% of Black women are in the process of starting or running new businesses.

That’s compared to just 10% of white women, and 15% of white men.

Yet despite this early lead, only 3% of Black women are running mature businesses. To understand why this steep drop off occurs, and how to combat it, we analyzed data from interviews with more than 12,000 people, nearly 1,700 of whom identified as entrepreneurs and nearly 1,200 of whom own established businesses.

The research was part of our work with the Global Entrepreneurship Monitor, an annual comprehensive survey of entrepreneurship rates and attributes, conducted in more than 120 economies since 1999.

Read rest of story here.

Also Check Out...

Valdosta City Council approved an offer of $350,000, however, attorneys for Antonio Arnelo Smith — who filed a civil rights laws
Police Brutality: Georgia Black
Stacey Abrams on Thursday threw her support behind Sen. Joe Manchin’s proposed revisions to congressional Democrats’ expansive e
Abrams Backs Manchin’s Voting
oday, President Joe Biden signed a bill that will make Juneteenth a federal holiday.
After Making Juneteenth Holiday,
Louisiana Chamber of Commerce Foundation Inc. (LCCF) announced today that it is accepting applications for a new micro loan and
U.S. Black Chambers, BP Partner To
Black MBA students will begin an eight-month long fellowship that ends with direct work placement at Marsh McLennan,
New Opportunity Will Connect Black
Watch any major league game and you will notice the absence of U.S. Black players.
Baseball Needs To Reconnect With