State of Black businesses: What can be learned from Black women-led business growth?

Thursday, May 25, 2023, 10:00 – 11:00 a.m. EDT
Online:  https://www.brookings.edu/events/state-of-black-businesses-what-can-be-learned-from-black-women-led-business-growth/ 

Following the COVID-19 boom in small and micro-businesses, a sharp rise in the number of employer businesses owned by Black women ensued. However, despite this and other promising signs of growing economic inclusion, Black women still represent less than 1% of all employer businesses in the U.S., and substantial structural barriers remain to growing the number of Black women entrepreneurs. Put simply, more action is needed to deliver lasting and transformative change toward a more inclusive economy.

On Thursday, May 25, Brookings Metro will host an event to assess the state of Black women-owned employer businesses across the U.S., in collaboration with the Path to 15|55 initiative, which endeavors to grow the percentage of Black-owned employer firms. Brookings Senior Fellow Andre Perry will present findings from a forthcoming report analyzing Black business growth in the U.S. from 2017 to 2020. An expert panel will share their insights, discussing the role that Black women can play in growing economically diverse and thriving communities across the U.S., the barriers that they face, and how we can capitalize on the current momentum to build on the gains already made.

Viewers can submit questions by emailing events@brookings.edu or tweeting @BrookingsMetro using #StateofBlackBiz.