Asian-owned businesses had the largest estimated receipts ($863.3 billion) among minority groups. Blacks or African Americans owned approximately 124,551 businesses, with about 28.5% (35,547) of these businesses in the Health Care and Social Assistance sector, the highest percentage of any minority group.
What is the largest minority owned business in the United States?
WWT is honored to be the largest African-American owned company with annual revenue surpassing $9 billion. Some of WWT’s largest customers, and many of our own suppliers, were built from relationships that started with diversity managers and business owners we met at diversity events across the country.
How many minority owned small businesses in the US?
There are now more than four million minority-owned companies in the United States, with annual sales totaling close to $700 billion.
What percentage of small businesses are owned by minorities?
Overall, minority-owned firms made up 15 percent of the nation’s businesses and generated 3 percent of all receipts. Minority-owned businesses are those owned by African Americans, Hispanics, Asians and Pacific Islanders, or American Indians and Alaska Natives.
What percentage of small businesses are owned by African Americans?
A look at data during Black Business Month shows that Black Americans own 2.2% of the nation’s 6 million businesses with employees.
Is World Wide Technology a minority owned business?
WWT helps our customers succeed because we are a minority-owned business and have a shared commitment to growing supplier and workforce diversity, which in turn builds strong businesses and communities.
Is WWT a small business?
Small Business Enterprise
In our own case, with support from SBA and mentoring support from larger companies, WWT is now recognized as one of the top 50 Federal contractors. Our experience has encouraged us to offer similar support to other small and disadvantaged firms.
How many black owned businesses are in the US?
There are more than 2 million Black-owned businesses in the United States. According to the most recent available Census data, there are more than two million Black-owned businesses in America.
How many small businesses are there in the US?
How many small businesses are there in the U.S.? There are 31.7 million small businesses in the U.S.
How many Hispanic owned businesses are there in the United States?
There are an estimated 4.65 million Hispanic-owned businesses in the U.S., making them the fastest-growing segment of U.S. small businesses.
How many black owned businesses are there in Canada?
Even though 1.2 million Canadians identify as Black, representing 3.5% of the population, a Black in Canada survey found only 2,000 Black-owned businesses of significant scale. (The problem goes beyond our borders. In 2018, a U.S. study found just 1% of venture-backed founders were Black.)
How many privately owned businesses are there in the US?
Out of the 27 million firms in the U.S., nearly all are privately held. Even among the 5.7 million firms with employees, less than 1 percent of them have shares listed on a U.S. exchange.
What percentage of businesses are Hispanic owned?
The fact that 9.3% of all the businesses in California are owned by Hispanic business owners is a major contributing factor. But so is the fact that those businesses contribute to 673,530 jobs across the state.