in

The Fastest Growing Group of Entrepreneurs in America Are Black Women

Madame C.J. Walker, the first self-made millionaire in America, would be proud. The entrepreneurial spirit has spread rapidly among African-American women, with the number growing by 322 percent between 1997 and 2015, according to the 2015 State of Women-Owned Businesses Report.

Loading...

Altogether, Black women own 1.3 million businesses in the U.S. African-American women make up the highest shares of women-owned businesses in Georgia, at 35 percent, Maryland, at 33 percent, and Illinois, at 22 percent, according to the report.

Moreover, firms owned by African-American women employ close to 300,000 workers nationally. These businesses also generate $52.6 billion in revenue. Black women fully own half of all African-American-owned firms.

Round of applause for Black women taking charge and creating their own wealth. Venture capitalists need to pay attention to this trend.

EX: www.bet.com

Loading...

Written by PH

One Comment

Leave a Reply
  1. These are great accomplishments and especially because of the fact that they are able to offer employment to other giving them a leg up as well kudos to their hard work & effort!

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Remember The Boy Who Nearly Died Of Hunger? This Is How He Looks Now!

shocked asian woman

Shock As Prophet Drowns During Cleansing Ceremony