News

October 28, 2015

Study: 2015’s Best Places for Black Entrepreneurs to Find Success

 

A new report from GoodCall.com reveals which U.S. metro areas provide the best opportunity for success for African American-owned businesses, based on the firm’s analysis of official government data. A total of 378 metro areas were assessed based on economic health, educational attainment, networking opportunity and unemployment rates.

“African Americans make up 13% of the U.S. population yet only own 7% of the country’s businesses,” says Paul Southerland, Lead Analyst for GoodCall.com. “In addition, African American-owned businesses employ less than 1% of all total employment in the country and drive less than .5% of total revenue. We at GoodCall.com feel it is important to identify the regions that stand out against these statistics- those that are affording black entrepreneurs the best chance possible to succeed.”

To view the full report and study, please click here.