Minority Business Women.com
Minority Business Women.com
 

Women of Color as Inventors, Innovators,
Entrepreneurs and Business Leaders

Modern African-American Business Woman

Ninety-three (93) years after Sarah Goode's patent, Janice Bryant Howroyd took $1500 borrowed from her savings and family members, and started what is now Act*1 Talent and Technology -- a personnel servicing company that, in 2002 had 75 offices and revenue of $270 million. Her company's clients include Ford, Toyota, and The Gap...

 

The U.S. Census Bureau's 1997 Survey of Women-Owned Business Enterprises reported 952,151 Minority Women-owned businesses.

minority business women ownership in 1997
Chart1 Source: U.S. Census Bureau

In spite of the entrepreneurial gains of the past century, a recent article in Smart Money reports that, in 2002, the average firm owned by white women recorded $155,000 in revenues, while companies owned by Hispanic women reported about $65,000, and those owned by African-American women recorded roughly $38,000. 

Read the Article in Smart Money

Market Women: Black Women Entrepreneurs

Search for Business Grants at UncleSamsMoney.com