📈 Despite a surge in growth during 2020, Black-owned businesses in the U.S. are still facing systemic challenges. A recent report from the Brookings Institution reveals that the number of Black-owned businesses remains disproportionately low compared to their share of the population.
🌆 External pressures like gentrification and longstanding generational disadvantages continue to hinder progress. While the pandemic and social justice movements ignited hope and momentum, these underlying issues persist.
🚀 It's clear that more needs to be done to support Black entrepreneurs and level the playing field. Let's keep pushing for change and empowerment! 💪🏾
Reference(s):
cgtn.com