New Research Illustrates the Struggles Facing Black Entrepreneurs in the South
July 20, 2017
July 20, 2017
WASHINGTON, July 20 -- Prosperity Now (formerly the Corporation for Enterprise Development) issued the following news release:
Black-owned businesses nationally average only $58,000 in annual revenue compared to $546,000 for white-owned businesses. New research conducted in three Southern states by Prosperity Now puts a human face on those numbers, illustrating the very real problems confronting African-American entrepreneurs when they try to start and run their own businesses.
Black-owned businesses nationally average only $58,000 in annual revenue compared to $546,000 for white-owned businesses. New research conducted in three Southern states by Prosperity Now puts a human face on those numbers, illustrating the very real problems confronting African-American entrepreneurs when they try to start and run their own businesses.