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African, Hispanic (Latino), and Asian Americans in Business

Minority owned businesses, sometimes referred to as an MBE (Minority Owned Business Enterprise) or DBE (Disadvantaged Business Enterprise) are growing rapidly.   According to the 2002 Census Survey of Business Owners, the number of MBE grew 31% between 2002 and 1997 compared to 13% growth for non-minority businesses.  In 1982, Ethnic minorities owned fewer than 7% of all companies in the U.S.  By 2002, this percentage had grown to 18%.

America is rapidly becoming the land of the self-employed.  Seems like just about anyone with a "Dot-Com" idea is trying to become an entrepreneur.  For Ethnic minorities, starting their own businesses is a natural alternative to bumping up against the glass ceiling and fighting workplace discrimination. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Business News
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Topics

B2B: Finding minority-owned businesses to do business with
includes directories of certified minority business enterprises (MBE), minority business trade organizations
Contracting opportunities with the government and corporate America
links to Federal, State, local government and corporate MBE programs, including upcoming contracts to bid on
Advice and assistance for MBE startups
minority business publications and links to small business websites
Funding sources for MBE startups
list of minority owned banks, and preferred lenders of the Small Business Administration
Resources
Minorities in Business (Small Business Administration)
demographics, growth rates, comparison to participation in the labor force, income levels of minority owned businesses
2002 Economic Census Survey of Minority Owned Business Enterprises
financial data on minority owned businesses, including data on incomes, employment, industries
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