The largest global platform for women in business has released a fact sheet on Black women entrepreneurs in honor of National Black Business Month, August.
Walker’s Legacy, the largest digital platform for multicultural women in business, proudly recognizes August as National Black Business Month. In support of National Black Business Month and Black businesswomen, Walker’s Legacy has released a Black Women Entrepreneur Fast Fact sheet available for download here.
During National Black Business Month, Walker’s Legacy seeks to bring awareness to the fastest-growing population of entrepreneurs: Black women entrepreneurs.
Did You Know?
With 1,521,494 firms, Black women business owners are making significant contributions, representing 45% of all minority-women-owned and 29% of new women-owned companies between 2007 and 2012.(2)
Women of color account for 89% (1,625) of the new businesses opened every day over the past year. This number has grown faster than the overall rate of new women-owned businesses in the past five years—21 percent versus 43 percent. The number of firms owned by African-American women grew even faster, at 50%. (8)
The Walker’s Legacy Black Women Entrepreneur Fast Fact Sheet shines a light on the challenges and overcomings that Black women in business face through statistical data. Understanding the systematic inequalities between Black women in business and their various counterparts is crucial for the timely national movements and conversations and their respective supportive efforts.
For the complete Black Women Entrepreneurs, Fast Fact Sheet click here.