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Minority women-owned businesses on the rise.

Publication: Los Angeles Business Journal
Publication Date: 26-AUG-02 		Format: Online - approximately 820 words
Delivery: Immediate Online Access
Full Article Title: Minority women-owned businesses on the rise.(Brief Article)(Statistical Data Included)

Article Excerpt
Businesses owned by women of color growing in number at rates exceeding all women-owned firms and the national average, according to a new report from Center for Women's Business Research (founded as the National Foundation for Women Business Owners). The Center projects that as of 2002, there will be an estimated 1.2 million businesses owned by women of color in the U.S., 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%, compared to 14.3% among all women-owned firms, 29.7% among all minority-owned firms, and 6.8% among all U.S. firms.

Sponsored by Kauffman Center for Entrepreneurial Leadership, the Center's report,...

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