Although the number of minority-owned businesses is increasing dramatically, America is currently forgoing an estimated 1.1 million businesses owned by people of color because of past and present discrimination in American society. These missing businesses could produce an estimated 9 million more jobs and boost our national income by $300 billion. Thus, expanding entrepreneurship among people of color is an essential strategy for moving the country toward full employment for all.
This infographic highlights the main findings of “The Color of Entrepreneurship: Why the Racial Gap Among Firms Is Costing the U.S. Billions.”
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