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In the United States, Black-owned businesses (or Black businesses), also known as African American businesses, originated in the days of slavery before 1865.Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
In recent years, Black-owned businesses have grown at the fastest pace in over 30 years, marking a pivotal moment in the journey to economic equity. And while the recent surge in Black-owned ...
In 2021, Black- or African-American-owned businesses brought in an estimated $183.3 billion in annual receipts, according to data from the U.S. Census Bureau.
Black-owned restaurants in the United States (2 C, 12 P) Pages in category "Black-owned companies of the United States" The following 59 pages are in this category, out of 59 total.
For example, African American-owned businesses comprise 2.3% of businesses in 2022 even though African Americans are 14.2% of the American population. [1] One explanation for this discrepancy is the history and persistence of discriminatory economic practices that result in a disparity in credit scores between white Americans and minority ...
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