Black History Month . . .

In recognition of Black History Month, some facts about African American Women Owned Businesses.

• As of 2004, there are an estimated 414,472 firms owned by African American women in the U.S. employing nearly 254,000 people and generating $19.5 billion in sales.
• Between 1997 and 2004, the number of African American women-owned firms increased by 33%.
• Over one quarter (29%) of minority women-owned firms are owned by African Americans.
• 6% of all privately-held, majority-owned firms in the U.S. are owned by African American women.
• California is among the ten states with the greatest number of African American women-owned firms.