Businesses
owned by women of color are growing in number at rates exceeding all
women-owned firms and the national average
The
Center projects that as of 2002, there will be an estimated 1.2 million
businesses owned by women of color in the United States, employing more than
822,000 people and generating $100.6 billion in sales.
Between
1997 and 2002, the Center estimates that the number of privately-held,
majority-owned minority women-owned firms will have grown by 31.5 percent,
compared to 14.3 percent among all women-owned firms, 29.7 percent among all minority-owned
firms, and 6.8 percent among all U.S. firms.
(Source:
Center for Women Business
Research)
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