Small businesses are vital to the United States’ economy. In fact, prior to the pandemic, small businesses are said to have employed half of U.S. workers, and are important sources of wealth building, particularly for minority communities.1

Recent statistics shows us that there are 30.7 million small businesses in the United States alone.

99.9% of minority-owned businesses are small businesses in the United States.

1.1 million businesses in U.S are minority-owned.

1.1 million are majority owned by women.

California, Texas, New York and Florida are home to almost half of all minority residents as well the most minority-owned businesses.

National data shows us that active small business owners fell by 22% between February and April 2020. However, The truth is that not everyone was affected equally by this decline:

Our communities began to engage in the discussion. According to popular search engines, the term “minority owned businesses near me,” reached all time high in 2020.

Respondents lacking this experience stated that they are “not aware of any minority owned businesses," that “accessibility and range of products are too limited,” or that they are “unsure of where to find them (in-person or online)."