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Black female-founded businesses to support right now and always. Educating yourself on antiracism and white privilege or even bringing awareness to the racial injustices our country is...
The 2017 State of Women-Owned Businesses Report found that the number of Black women-owned businesses grew by a whopping 605 percent between 1997 and 2017, significantly outpacing every other demographic group.
Black women have been starting businesses faster than anyone else — much faster, actually. Between 2014 and 2019, companies owned by women overall grew by 21%, according to American Express’s State of Women-Owned Business report.
An estimated 5.8 million Women of Color owned businesses employ 2.2 million people, and generate $387 billion in revenue. Ahead, meet 99 Black women entrepreneurs and founders who are changing the game.
Fueled mostly by Black entrepreneurs, women-owned businesses across all sectors between 2019 and 2023 rose almost twice the rate of men-owned businesses, according to the report.
In 2021, there were 161,031 U.S. firms with majority Black or African American ownership, up from 124,004 in 2017, according to the latest estimates from the Annual Business Survey (ABS), conducted by the U.S. Census Bureau and the National Science Foundation.
The number of Black-owned businesses is currently more than 30% above pre-pandemic levels. A Brooklyn street nicknamed "Black Girl Magic Row," exemplifies women helping one another succeed.
I've discovered several Black-owned brands and know they're setting the stage for Black women everywhere to feel well, look good, and stay rooted in the culture. Here are four Black...
Despite these challenges, Black women founders represent an increasing share of Black-owned businesses. “from 2017 to 2020, the number of employer businesses owned by Black women rose to 52,374—encompassing 37.2% of all Black-owned businesses.”
How to Support Black Women in Business. Ensuring Black women create businesses — and stay in business – will require lots of intentional effort and letting our principles guide our...